Highlights of GNC’s Item 19 Financial Performance Representations (2012 FDD)
- The franchise offered is for the establishment and operation of a GNC retail store specializing in the sale of vitamins, minerals, and other food supplements, natural cosmetics, and other health management items.
- The total investment necessary to begin operation of a new GNC franchise store ranges from $160,150 to $274,350; to convert a company-owned store to a franchise store ranges from $99,150 to $313,850; and for an independent health food/nutrition store to convert to a GNC franchise store ranges from $77,400 to $176,350.
- This includes the following amounts that must be paid to the franchisor: $149,500 to $251,000 for a new franchise store; $120,500 to $260,500 to convert a company-owned store to a franchise store; and $66,750 to $143,000 to convert an independent health food/nutrition store to a GNC franchise store.
Average Gross Retail Sales
Below is certain historical financial information regarding GNC stores operated by franchisees that operated within the United States from January 1, 2011 through December 31, 2011 (the company’s fiscal year).
- Of the 924 franchise-operated stores that were open and operating in the United States as of December 31, 2011, 862 or 93.3% of those had been in business continuously throughout the fiscal year 2011.
- No data has been presented for the franchise stores that were terminated, reacquired, not renewed, or left the system for other reasons during the last fiscal year.
- None of the information presented in this Item includes data from GNC stores operated by the franchisor or GNC/Rite Aid or from GNC stores located on military bases.
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