Who is the Vitamin Shoppe®?
The Vitamin Shoppe® is a brand leader in the $50B vitamins, minerals, and supplements industry, with 680 locations and more than 40 years of proven success. Turn your passion for health & wellness into a business with huge potential for growth.
How much does it cost to open Vitamin Shoppe franchise?
You can expect the total investment to range between $492,900 and $944,900. To become an owner of The Vitamin Shoppe franchise, candidates must have a minimum net worth of $750,000 and a minimum liquidity of $200,000. A background in franchising and multi-unit experience is desirable.
How many VitaPath stores are there in Canada?
It also operated three stores in Canada under the name VitaPath from January 2013 until March 2016. The company provides approximately 7,000 different SKUs of supplements through its retail stores and over 17,000 different SKUs of supplements through its retail websites.
How much does it cost to open a vitamin shop?
Expect to pay $4,500 on equipment, $4,000 to $6,000 on signage, $30,000 on fixtures, $50,000 on construction and another $50,000 on opening inventory. Expect to pay about $2,000 on promotional and marketing materials. To be safe, expect to pay between $180,000 and $200,000 to start a supplement store.
What company owns The Vitamin Shoppe?
Franchise GroupThe Vitamin Shoppe / Parent organizationFranchise Group, Inc., is an American publicly traded holding company that acquires and manages mainly franchise companies. It owns brands in various retail industries including American Freight, Buddy's Home Furnishings, The Vitamin Shoppe, Pet Supplies Plus, Sylvan Learning and Badcock Home Furniture. Wikipedia
How much does it cost to open a Nutrishop?
$112,000 to $207,795Ready to get started? Qualified applicants are eligible to open a Nutrishop store in a desirable territory with an estimated initial investment ranging from $112,000 to $207,795 and no ongoing royalties or marketing fees.
Is GNC bigger than Vitamin Shoppe?
Although GNC has closed several locations over the past couple of years, they still outweigh The Vitamin Shoppe, which has just over 700 locations in the country.
Is Vitamin Shoppe privately owned?
In 2002, Vitamin Shoppe Industries was sold to an affiliate of Bear Stearns Merchant Banking, a private equity unit of Bear Stearns, for approximately $310 million....The Vitamin Shoppe.TypeSubsidiaryProductsNutritional supplementsParentFranchise Group, IncWebsitevitaminshoppe.com6 more rows
Are Vitamin Shoppe products good quality?
Vitamin Shoppe's product quality score is a 3.8 out of 5 as rated by its users and customers. Reviewers from the Healthcare, Hospitals and Medicine industry rated Vitamin Shoppe's product the highest.
How much money do you need to start a supplement company?
A supplement business can be started for about $5,000, although business owners will have a much easier time if they have $10,000 available to invest. With $5,000, business owners can usually get: ~150 bottles of a supplement product. Professionally designed labels.
How many Nutrishop locations are there?
Download the complete database of NUTRISHOP locations in United States. You can download the complete list of 1092 NUTRISHOP location data as an Excel file, along with geo coded address, phone numbers and open hours from our data store.
Who owns GNC now?
Harbin Pharmace... GroupHarbin Pharmace... Group Hol...GNC/Parent organizations
What is the ticker symbol for Vitamin Shoppe?
VSIVitamin Shoppe Inc (VSI)
Who makes the best protein powder?
8 Best Protein PowdersBest Overall: BioSteel 100% Whey Protein.Best Chocolate: NOW Foods Whey Protein Creamy Chocolate.Best Vanilla: Garden of Life Sport Plant-Based Vanilla.Best Budget-Friendly: Optimum Nutrition Gold Standard 100% Whey.Best Flavor (Not Vanilla or Chocolate): Orgain Iced Coffee.Best Vegan: Vega Sport.More items...•
What companies does franchise group own?
Franchise Group's business lines include Pet Supplies Plus, American Freight, The Vitamin Shoppe, Badcock Home Furniture & more, Buddy's Home Furnishings and Sylvan Learning.
Who is the CEO of The Vitamin Shoppe?
Sharon M. Leite (Aug 27, 2018–)The Vitamin Shoppe / CEO
What happened to Vitamin Shoppe stock?
GNC declared bankruptcy last year and Vitamin Shoppe lost 90 percent of its stock price since a 2013 peak. Industry analysists cite the decline of in-person retail, particularly in the realm of health spending.
Is Super Supplements owned by Vitamin Shoppe?
I am delighted to welcome the Super Supplements team into the Vitamin Shoppe family.” Jim Sweeney, CEO of Super Supplements, commented, “As part of the Vitamin Shoppe family, Super Supplements will be able to leverage the Vitamin Shoppe's scale, operating infrastructure and product development expertise.” Mr.
The Vitamin Shoppe Story
Since 1977, The Vitamin Shoppe® has been dedicated to helping our more than 5 million active customers become their best selves, however they define it.
Why Franchise with The Vitamin Shoppe?
The Vitamin Shoppe is a proven leader in the $50+ billion vitamins, minerals, and supplements industry-one that has experienced steady growth for decades, including this past year with global health concerns driving increased commitment to wellness.
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Where is the Vitamin Shoppe training program?
The Vitamin Shoppe will conduct an initial two week training program in North Bergen. Through this program, our Franchisee will learn the tools to successfully roll-out multiple stores across the designated country.
What is the purpose of a franchise application?
The purpose of the franchise application is to help both the Vitamin Shoppe and the prospective franchisee evaluate the market opportunity and build a business case to support the required investment . The franchise application forms are completed in three parts.
How do I buy my own The Vitamin Shoppe Franchise?
You can franchise with The Vitamin Shoppe for a total investment range between $354,000 and $955,000. The Vitamin Shoppe prospects are asked to have a minimum net worth of $750,000 and a minimum cash requirement of $150,000. By investing in The Vitamin Shoppe, you will join a leader in the health and wellness industry and carry the largest assortment of vitamins, minerals, supplements, and sports nutrition products.
How much money do I need to invest in Vitamin Shoppe?
To invest in a The Vitamin Shoppe franchise, candidates must have a minimum net worth of $750,000 and a minimum liquidity of $150,000. A background in franchising and multi-unit experience is desirable.
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Why franchise with Vitamin Shoppe?
Why franchise with The Vitamin Shoppe? The Vitamin Shoppe is a proven leader in the $50+ billion vitamins, minerals, and supplements industry–one that has experienced steady growth for decades, including this past year with global health concerns driving increased commitment to wellness.
What is franchise investment?
Definition: The total amount necessary to begin operation of the franchise. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is royalty fee for franchise?
This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Joining our community is more than a business decision. It's a Lifestyle. By investing in The Vitamin Shoppe, you join a passionate brand leader in the booming health & wellness business
Joining our community is more than a business decision. It's a Lifestyle. By investing in The Vitamin Shoppe, you join a passionate brand leader in the booming health & wellness business.
A Franchise Opportunity to Make Healthy Gains
Our commitment to good health for all is reflected in our dedicated teams that serve communities across the globe. Each Health Enthusiast® at The Vitamin Shoppe has a unique story and life experience.
Why Franchise with The Vitamin Shoppe?
The Vitamin Shoppe is a proven leader in the $50+ billion vitamins, minerals, and supplements industry–one that has experienced steady growth for decades, including this past year with global health concerns driving increased commitment to wellness.
Why Franchise with The Vitamin Shoppe?
The Vitamin Shoppe is a proven leader in the $50+ billion vitamins, minerals, and supplements industry–one that has experienced steady growth for decades, including this past year with global health concerns driving increased commitment to wellness.
User Reviews for The Vitamin Shoppe
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Who owns the Vitamin Shoppe?
Jeffrey Horowitz founded The Vitamin Shoppe in 1977. In August 2019, Franchise Group, Inc announced the pending acquisition of The Vitamin Shoppe.
When did Vitamin Shoppe go public?
The Vitamin Shoppe held an initial public offering on October 26, 2009. The company made $751.5 million in net sales in fiscal 2010 and had a market capitalization of over $1 billion. Since attaining its peak in February 2013 the stock has lost more than 90% of its value as of August 2017.
When was Vitamin Shoppe's Ultimate Woman Gold tested?
On June 15, 2011, Vitamin Shoppe's Ultimate Woman Gold multivitamin was tested by ConsumerLab.com in their Multivitamin and Multimineral Supplements Review of 38 of the leading multivitamin/multimineral products sold in the U.S. and Canada. This multivitamin passed ConsumerLab's test, which included testing of selected index elements, their ability to disintegrate in solution per United States Pharmacopeia guidelines, lead contamination threshold set in California Proposition 65, and meeting U.S. Food and Drug Administration (FDA) labeling requirements.
What is VitaPath in Canada?
The Vitamin Shoppe (formerly Vitamin Shoppe Industries, Inc., stylized as the Vitamin Shoppe) is an American, New Jersey -based retailer of nutritional supplements. It also operated three stores in Canada under the name VitaPath from January 2013 until March 2016. The company provides approximately 7,000 different SKUs of supplements through its retail stores and over 17,000 different SKUs of supplements through its retail websites.
