GNC vs Nutrishop Store Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of GNC vs Nutrishop Store including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
GNC Franchise
Nutrishop Store Franchise
Investment $149,722 - $388,630$112,000 - $207,795
Franchise Fee $40,000$20,000
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 19352003
Year Franchised 19882003
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Current franchise fee-


Business Experience Requirements
 
GNC Franchise
Nutrishop Store Franchise
Experience --

Financing Options
 
GNC Franchise
Nutrishop Store Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables Yes/No-/-
Payroll No/Yes-/-

Training & Support
 
GNC Franchise
Nutrishop Store Franchise
Training On-The-Job Training: 80 hours Classroom Training: 40 hours Additional Training: At corporate store-
Support Newsletter Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
Marketing Ad Templates National Media Social media SEO Email marketing Loyalty program/app-
Operations International franchisees required to buy multiple units/master licenses; 65% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 4

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

-

Expansion Plans
 
GNC Franchise
Nutrishop Store Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About GNC

In 1935 David Shakarian began a wellbeing sustenance store in Pittsburgh called Lackzoom. It spent significant time in yogurt (which his dad had acquainted with the United States), additionally conveyed wellbeing nourishment items, for example, nectar and grains. Starting with $35 in receipts his first day, Shakarian extended to six Pittsburgh-territory stores in five years.

As more individuals got to be distinctly keen on common nourishments and better sustenance, Shakarian opened stores in different states and changed the organization's name to General Nutrition Centers (GNC). GNC likewise started delivering its own vitamin and mineral supplements, sustenances, beverages and beautifiers. It began diversifying in 1988.

With organization and diversified stores all through the United States and around the world, GNC now concentrates on vitamins and dietary supplements.The 'GNC Live Well' store design offers a full line of supplements in addition to fragrance based treatment, shower and spa items.

Veteran Incentives  50% off first-store franchise fee
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#195 in Franchise 500 for 2020.

 

About Nutrishop Store

"Nutrishop
Our NUTRISHOP® business model focuses primarily on franchisee-operated NUTRISHOP® stores providing consumers with the right tools to achieve their health and fitness goals. We are passionate about helping people make important lifestyle changes to become healthy, happy and fit. As a result of our ongoing efforts to put our franchisees and their customers first, we are projecting to exceed our goal of having 300 store locations by 2025
You can expect:
       No Royalties
       Full Operational Support
       Extensive Training
       Protected Territories
       Ongoing Rep Support
       Graphic Design & Marketing Assistance
        E-Commerce Platform
        Purchasing Power
        Site Location Assistance
        National Promotion Campaigns
        Cutting-Edge Brands
        Hundreds of Exclusive Products