GNC Franchise
Vitamin and nutritional products stores
In 1935 David Shakarian started a health-food store in Pittsburgh called Lackzoom. It specialized in yogurt (which his father had helped introduce to the United States), but also carried health-food products such as honey and grains. Beginning with $35 in receipts his first day, Shakarian expanded to six Pittsburgh-area stores in five years. As more people became interested in natural foods and better nutrition, Shakarian opened stores in other states and changed the company's name to General Nutrition Centers (GNC). GNC also began producing its own vitamin and mineral supplements, foods, drinks and cosmetics. It started franchising in 1988. With company and franchised stores throughout the United States and worldwide, GNC now focuses on vitamins and nutritional supplements.The 'GNC Live Well' store format offers a full line of supplements plus aromatherapy, bath and spa products.
Please Note: The operators of GNC, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official GNC website.
Start-up Costs & Franchise Fees
How much does it cost to open a GNC franchise?
Total Investment: $132,700-$182,000
Initial Franchise Fee: $30,000-$40,000
Royalty Fee: 6%
Advertising Fee:
Term of Agreement: 10 years Renewal Fee: Current franchise fee
How to contact GNC
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GNC Franchising Inc.
300 6th Ave., 4th Fl.
Pittsburgh,
PA
15222
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Phone: (412)338-2503
Toll Free: (800)766-7099
Fax: (412)402-7105
Website: Visit Website
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GNC News
Gnc Celebrates Opening Of 1,000th International Franchise Store
Today GNC celebrates the opening of its 1,000th international franchise store in Sofia, Bulgaria - marking yet another milestone for the company's international franchising division this year.
In February, Entrepreneur magazine named GNC Franchising, Inc. the world's #1 franchise in the vit... more
Sunbelt Business Brokers Facilitates Sale Of A General Nutrition Franchise Store
Sunbelt Business Brokers, the dominant business brokerage firm in Chicago, reported that it facilitated the sale of General Nutrition (GNC) store in the Chicago area. "This GNC store had a nine year track record and generated a lot of interest from potential buyers", stated Domenic Rinaldi, ... more
Jerome Bettis And Gnc Team Up To Promote Health And Wellness
Jerome Bettis, the legendary NFL running back known as "The Bus," will serve as a spokesperson for GNC Corporation and as a member of Team GNC Pro Performance.
Bettis will endorse GNC's high-quality nutritional supplements, appear in the company's advertising and other promotional... more
Lifeline Therapeutics, Inc. To Exhibit At Gnc Franchise Convention
Lifeline Therapeutics, Inc. (OTCBB:LFLT), maker of Protandim(R), a patent-pending dietary supplement that increases the body's natural antioxidant defenses and combats oxidative stress, today announced it will attend the 2006 GNC Franchise Convention, June 12th - 14th at the Wynn Las Vegas. Prot... more
Gnc Corporation Names Mark L. Weintrub Senior Vice President, Chief Legal Officer And Secretary
"Mark will be an invaluable addition to our management team," said GNC President and Chief Executive Officer Joseph Fortunato. "He possesses extensive experience in management and corporate law, and he clearly possesses the skill set to contribute to GNC's ongoing resurgence."
... more
View all GNC Press Releases
Franchise History
When did the first GNC open? 1935
When did GNC start franchising? 1988
| 2005 |
1314 |
0 |
737 |
3657 |
| 2004 |
1324 |
7 |
692 |
2649 |
| 2003 |
1402 |
7 |
566 |
2531 |
| 2002 |
1365 |
7 |
520 |
2789 |
| 2001 |
1368 |
2 |
311 |
2817 |
Expansion Plans
International:
Financing Options
| Franchise Fee |
No |
No |
| Startup Costs |
No |
No |
| Equipment |
Yes |
No |
| Inventory |
No |
No |
| Accounts Receivable |
No |
No |
| Payroll |
No |
No |
Other Financing Source(s): Signage & leasehold improvements
Training & Support
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Business 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)
Listing Tags
gnc, vitamins, nutrition, retailer, health
This franchise opportunity has been viewed 9494 times.
Read GNC Reviews
Legal Disclaimer: This information is not a franchise offering
for GNC and should not be construed as such. TheFranchiseMall.com makes every effort to
maintain accurate franchise data but does not guarantee nor assume liability for
incorrect data. We recommend that anyone seriously interested in
pursuing a GNC franchise opportunity, review that franchise's Uniform
Franchise Offering Circular (UFOC) with an attorney and accountant.
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COMPANY INFORMATION
GNC Franchising Inc.
300 6th Ave., 4th Fl.
Pittsburgh,
PA
15222
Phone: (412)338-2503
Toll Free: (800)766-7099
Fax: (412)402-7105
Website: Visit Website
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