Change in Units
About GNC Franchising
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. They started franchising in 1988. With company and franchised stores throughout the U.S. and worldwide, GNC now focuses on vitamins and nutritional supplements.
Liquid Cash Requirement
Initial Franchise Fee
Ongoing Royalty Fee
Ad Royalty Fee
GNC Franchising offers in-house financing to cover the following: accounts receivable
GNC Franchising has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll
50% off first-store franchise fee
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
Operations & Franchisor Support
Training Onsite: 5 days
Training at headquarters: 5 days
Additional Training: At corporate store
Number of employees required to run: 3 - 4
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 17th, 2016Reprints & Licensing
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