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Everything you need to know about GNC LiveWell

Sarah Stowe

GNC (General Nutrition Centres) is the largest global specialty retailer of nutritional products including vitamin, mineral, herbal and other specialty supplements such as sports nutrition, diet and energy products.

WHAT DO YOU HOPE TO GET OUT OF THE PERTH EXPO?

Paul Smyth, national operations manager, says the Perth expo will allow the franchise to inform those who are interested on exactly what the GNC franchise package includes. We will have our first Perth GNC franchisee at our booth on Saturday to answer any questions people may have. GNC hopes to inspire and encourage those passionate about the health industry to jump on board.

WHERE IS THE BUSINESS AT TODAY?

Today there are over 6,000 GNC franchised stores in more than 53 countries, including in Australia.

WHAT COSTS ARE INVOLVED FOR NEW FRANCHISEES?

$250,000 to $300,000 is the turnkey cost. Ongoing fees are three percent for marketing and a five percent royalty fee.

WHAT ARE THE PLANS FOR 2011?

Supporting franchisees is our point of difference. We will continue to grow the strength of our franchisees as well as open new stores in exciting locations around the country, Smyth says. We are currently looking at the best locations for new stores.