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GNC
Retail sales of vitamins and nutritional supplements
What's good for the customer is good for GNC Corporation (formerly General Nutrition Centers). With outlets in all 50 U.S. states and Canada, and franchised stores in some 50 foreign markets, GNC is the leading nutritional-supplements retail chain devoted solely to items such as vitamins and dietary products. The company also has stores within Rite Aid drugstores and makes Rite Aid private-label products.
Why This Company Makes Our AllStar List
As a top seller of vitamins and nutritional supplements, entrepreneurs who invest in a GNC franchise benefit from the company's high brand awareness (#17), solid longevity (#28), and strong Web visibility (#17).
GNC company highlights for 2011 included the completion of an IPO, the acquisition of e-commerce site LuckyVitamin.com, and the launch of a fortified coconut water drink through a partnership with PepsiCo. Looking ahead, GNC aims to continue its aggressive pace of adding at least 100 new stores a year, and also plans to increase its presence in China.
GNC offers direct financing for the conversion of corporate stores to franchises. The franchisor is also listed on the SBA's Franchise Registry and participates in the IFA's VetFran program.
2011 AllStar Rank: 159
2010 AllStar Rank: 166
2009 AllStar Rank: 107
As a top seller of vitamins and nutritional supplements, entrepreneurs who invest in a GNC franchise benefit from the company's high brand awareness (#17), solid longevity (#28), and strong Web visibility (#17).
GNC company highlights for 2011 included the completion of an IPO, the acquisition of e-commerce site LuckyVitamin.com, and the launch of a fortified coconut water drink through a partnership with PepsiCo. Looking ahead, GNC aims to continue its aggressive pace of adding at least 100 new stores a year, and also plans to increase its presence in China.
GNC offers direct financing for the conversion of corporate stores to franchises. The franchisor is also listed on the SBA's Franchise Registry and participates in the IFA's VetFran program.
2011 AllStar Rank: 159
2010 AllStar Rank: 166
2009 AllStar Rank: 107
AllStar Franchise
AllStar Rank:
24
See All AllStar Franchises
GNC
300 6th Avenue
Pittsburgh, PA 15222
800-766-7099
Fast Facts
| Year established | 1935 |
| Franchising since | 1988 |
| Can be run from home? | No |
| Number of employees needed | 3 - 4 |
| Item 19 Financial Performance Representation? | No |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| Absentee ownership allowed? | No |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2012 | 924 | 1,590 | 3,046 |
Expanding in These Locations
United States, Worldwide
Costs
| Total Investment | $165,000 - $205,000 |
| Franchise Fee | $30,000 - $40,000 |
| Royalty Fee | 6% |
Financial Requirements
| Net Worth | $100,000 |
| Liquid Capital | $85,000 |
Financing
| Does franchisor offer financing? | Yes |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | Yes |
AllStar Franchise
AllStar Rank:
24
See All AllStar Franchises
GNC
300 6th Avenue
Pittsburgh, PA 15222
800-766-7099
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GNC Corporation
What's good for the customer is good for GNC Corporation (formerly General Nutrition Centers). With outlets in all 50 U.S. states and Canada, and franchised stores in some 50 foreign markets, GNC is the leading nutritional-supplements retail chain devoted solely to items such as vitamins and dietary products. The company ...
| Company Type: | Private |
| Employees: | 12,707 |
| 1 Year Employee Growth: | 2.4% |
| Executives: | Joseph (Joe) Fortunato, CEO and DirectorMargaret A. Peet, SVP, Product Development and National Sales DirectorTom Dowd, EVP Store Operations and Development |
| Rankings: | Forbes Largest Private Companies, 297 |
| Sales: | $1,490,000,000 |
| 1 Year Sales Growth: | 13.1% |
| See More Financials | |
| Industries: | Natural & Specialty Foods Retail |
| See More Industries | |
| Top Competitors: | CVS CaremarkNature's SunshineWalgreen |
AllStar Franchise
AllStar Rank:
24
See All AllStar Franchises
GNC
300 6th Avenue
Pittsburgh, PA 15222
800-766-7099
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