GNC vs I.M. DRIPBaR Franchise Comparison

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

Start-Up Costs and Fees
 
GNC Franchise
I.M. DRIPBaR Franchise
Investment $149,722 - $388,630$116,300 - $517,700
Franchise Fee $40,000$55,000
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 19352019
Year Franchised 19882019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Current franchise fee-


Business Experience Requirements
 
GNC Franchise
I.M. DRIPBaR Franchise
Experience --

Financing Options
 
GNC Franchise
I.M. DRIPBaR 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
I.M. DRIPBaR 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)

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Expansion Plans
 
GNC Franchise
I.M. DRIPBaR 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 I.M. DRIPBaR

DRIPBaR clients have chosen to use IV vitamin support to help them with conditions ranging from the common cold, to headaches, fibromyalgia or any other conditions.. Still other clients have made the safe administration of regular intravenous infusions of high-dose vitamins part of their health maintenance routine. Whether for addressing acute issues, lifestyle support, or prevention, the DRIPBaR team is ready to provide you with a safe and friendly experience.

The total investment necessary to begin operations of a DRIPBaR franchise is $116,300 to $272,700. This includes $50,000 to $55,000 that must be paid to the franchisor or affiliate.
The total estimated initial investment necessary to enter into a Multi-Unit Development Agreement for the development of 2-10 DRIPBaR locations ranges from $161,300 to $517,700, including $$95,000 to $300,000 that must be paid to the franchisor and/or its affiliate.