General Nutrition Centers
Yes, we actively support the inclusion and development of minority-owned franchises in the General Nutrition Centers system.
General Nutrition Centers
300 Sixth Ave., Fl. 4
Pittsburgh, PA 15222-2514
800#: (800) 766-7099
Tel: (412) 338-2503
Fax: (412) 402-7105
E-mail: livewell@gncfranchising.com
Web Site: www.gncfranchising.com
Contact: Mr. Bruce Pollock, Sr. Dir. Franchise Development
GNC is the leading specialty retailer of vitamins, minerals, herbs and sports nutrition supplements and is uniquely positioned to capitalize on the accelerating self-care trend. As the leading provider of products and information for personal health enhancement, the company holds the largest specialty-retail share of the nutritional supplement market. GNC was ranked America's #1 retail franchise for 17 consecutive years.
Franchisor Background
Established: 1935
First Franchise: 1988
Franchise Units: 2034
Company-Owned Units: 3747
Total Units: 5781
Distribution:
> North America -- Operations in 50 States, 9 Provinces
> States/Provinces with Greatest Density: 392 in CA,364 in FL,300 TX
Units Owned by Minorities:
>African-American: 38
>Hispanic: 76
>Asian-American: 63
>Native American: 0
>Other: 178 Other, 88 Unknown
Average Number of Employees: 1 FT, 3-5 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,402 (avg.) SF; SF, SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $65K
Total Investment: $132.7-182K
Average Total Investment: $157K
Minimum Net Worth: $100K
Fees
>Franchise: $40K
>Average Franchise Fee: $40K
>Royalty: 6%
>Advertising: 3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/5/5
Passive Ownership: Not Allowed
Area Development Agreements:Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 600
On-Going Support: A,D,E,F,G,H,I (for an explanation click here)
Training: 1 Wk. On-Site in Local Corporate Store; 1 Wk. in Pittsburgh, PA; 1 Wk. Opening Assistance.
Specific Minority Program(s) in Place: GNC Directors of Financing promote minority assistance programs including the Local Initiative Support Corporation and programs associated with the International Franchise Association.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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