GNC Holdings Inc. (General Nutrition Centers) is a Pittsburgh, Pennsylvania-based American company selling health and nutrition related products, including vitamins, supplements, minerals, herbs, sports nutrition, diet, and energy products.
In 1935, David Shakarian opened a small health food store, Lackzoom, in downtown Pittsburgh. During the health food craze of the 1960s, Shakarian expanded his chain outside Pittsburgh for the first time, and in the process changed its name to General Nutrition Center.
GNC has more than 6,000 stores in the U.S., including 1,100 store-within-a-store locations within Rite Aid, as well as locations in 49 other countries. In addition, GNC LiveWell currently has 41 Stores located in Brisbane, Sydney, and Melbourne in Australia. GNC retail stores are a combination of corporate-owned and franchised stores, commonly located within urban shopping malls and shopping zones.
GNC Store has the franchise fee of up to $40,000, with total initial investment range of $180,504 to $347,270.
Initial investments: $180,504 - $347,270
Net-worth Requirement: $330,000 - $1,000,000
Liquid Cash Requirement: $130,000
Initial Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee 3%
On-The-Job Training: 80 hours
Classroom Training: 40 hours
Additional Training: At corporate store
Number of Employees Required to Run: 3 - 4
GNC Store Franchise Info: https://www.gncfranchising.com
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