How Much Do GNC Store Owners Make?

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GNC Franchise Overview

  • GNC franchise owners earn $48,000 annually.
  • The GNC employee discount is about 30 percent.
  • A GNC store manager oversees day-to-day operations including managing staff, ensuring customer satisfaction, and maintaining store standards.

GNC Franchise Financials

  • An average GNC franchised store makes $540,000 annually in sales.
  • Using a 10% profit margin, the franchise owner’s salary could be $54,000 annually.

GNC Franchise Information

  • GNC has over 10,000 stores in more than 50 countries.
  • Entrepreneur magazine has ranked GNC the #1 franchise in its industry for 24 years.
  • GNC specializes in health and nutrition products including vitamins, supplements, minerals, herbs, sports nutrition, diet, and energy products.
  • In 2019, GNC had 9,000 stores globally, with 6,700 stores in the US.

Cost of Opening a GNC Franchise

  • The estimated initial investment to open a GNC store is between $188,719 and $503,642, including the $20,000 franchise fee.
  • The investment required to open a GNC franchise is $149,722-$388,630 plus an initial $40,000 franchise fee.

GNC Company History

  • In 1935, David Shakarian opened a Pittsburgh health food store called Lackzoom.
  • During the 1960s health craze, Shakarian expanded his chain nationally and renamed it General Nutrition Center.
  • GNC now has over 6,000 global stores including 1,100 in Rite Aid locations.
  • GNC LiveWell has 41 stores in Australia currently.

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