How much does it cost to open GNC franchise?
There is an initial franchise fee of $40,000 which grants you the license to run a business under the GNC name.
Is GNC going out of business in December?
Driving vitamin and supplements brand GNC Holdings, Inc. (NYSE: GNC) reported today that every single corporate store will close on December 28 and revive on December 29, when GNC will give clients a significantly enhanced involvement with the dispatch of One New GNC (#ONEnewGNC). The organization w...
When did GNC start diversifying into supplements?
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. #195 in Franchise 500 for 2020.
How much does a GNC franchise make?
The salary for Franchise Owner at General Nutrition Centers is $48,000 annually.
Do you get commission at GNC?
Using the GNC.com logo, banners, and product links, you earn commissions on any products sold as a result of your link to GNC.com! We courteously handle the transaction, processing, and customer service.
Is it worth working at GNC?
Overall it's a decent place to work It's an alright gig. You have to have a knack for health and fitness and become educated on the products they offer. Many of the managers couldn't care less about their own health and only really care about sales. Typical retail environment.
How do I get a job at GNC?
Most entry-level applicants with GNC typically undergo a single one-on-one job interview with a store manager. Senior individuals have considerable experience looking for the best qualities desired from employees. Usually, after submitting all employment forms, managers may conduct the interview on the spot.
How much does a GNC franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
Is GNC a graded company?
GNC is graded based on our most recent research.
Are there any GNC franchise opportunities near me?
Based on 2019 FDD data, GNC has franchise locations in 40 states plus DC. The largest region is the South with 521 franchise locations.
How much does it cost to open a GNC franchise?
The estimated investment required to open a GNC Franchise is between $149,722-$388,630. There is an initial franchise fee of $40,000 which grants you the license to run a business under the GNC name.
What is GNC Holdings?
(NYSE: GNC), the nation's largest specialty retailer of health and wellness products, today noted that it has been named the top Health & Beauty franchise in the world on the Top 100 Global Franchises list from Franchise Direct.
What is GNC in nutrition?
GNC likewise started delivering its own vitamin and mineral supplements, sustenances, beverages and beautifiers . It began diversifying in 1988.
How much did Shakarian spend in his first day?
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 ...
When will GNC stores close?
Driving vitamin and supplements brand GNC Holdings, Inc. (NYSE: GNC) reported today that every single corporate store will close on December 28 and revive on December 29, when GNC will give clients a significantly enhanced involvement with the dispatch of One New GNC (#ONEnewGNC).
Do international franchisees have to buy multiple units?
International franchisees required to buy multiple units/master licenses; 65% of all franchisees own more than one unit
Does GNC sell vitamins?
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.
GNC Franchise Cost and Concerns
GNC franchise cost can range dramatically depending on whether you build out a new store location or convert a company-owned store to a franchise store. Is the GNC franchise opportunity a sound investment at this time? Unhappy Franchisee investigates and shares our concerns.
GNC Franchise Cost
According to the 2016 GNC Franchise Disclosure Document (FDD), the total investment necessary to begin operation of a single new GNC franchise store ranges from approximately $192,117 to $354,217.
Great team and support system
Great management and support from team with room to advance and on the job training. Sales training, product training, store and business operational training etc...
Terrible management
This company is not professional and does not support their franchisees. Corporate is only concerned about the bottom dollar not the little man. I should have opened my own natural store instead of relying on the big box name.
Franchise Owner
As a franchise owner, my pay was subject to how sales were going, not an hourly wage. Retail sales suffered due to online website and my compensation was negatively impacted.
A very rewarding job
The position of owner/manager allowed me to order new/old sports nutrition products, herbs, vitamins and etc. The job pushed me to keep up with the ever changed customer knowledge of nutrition, especially with Dr. Oz.
Want to know more about working here?
Ask a question about working or interviewing at GNC. Our community is ready to answer. Ask a Question
Diversity score
The Comparably Diversity Score tracks how positively diverse employees rate their experience at GNC.
What are the requirements to get a franchise in GNC?
This includes credit approval from your bank, financial statement showing that you have the capital to start the business, and a background check on health.
What is GNC nutrition?
General Nutrition Centers (GNC) Franchising Inc. has been one of the world’s leading vitamin s and nutrition provider for the past decades. Started in 1935, the company now offers full line of mineral supplements, diet foods and drinks, and cosmetics.
Does GNC franchise allow absentee ownership?
The company will also require you to pay an ongoing royalty fee of six percent of your total annual gross. The company does not allow absentee ownership of franchise. Opportunity in the GNC franchise is simply endless, especially now that people are looking to a more healthy options and lifestyle.
