PITTSBURGH, PA, Nov 12 (MARKET WIRE) --
With unemployment at 10.2% and growing, the economic climate for many
hard-working Americans is challenging, to say the least. Despite economic
hard times, however, the supplement and self-care industry -- a $21
billion industry -- continues to grow at a rate of 4%-6% each year,
according to GNC, the largest global specialty retailer of nutritional
products including vitamin, mineral, herbal and other specialty
supplements and sports nutrition, diet and energy products.
Recognizing the new supply of talent looking for new and more
entrepreneurial opportunities in 2009, GNC is offering an incentive to
individuals who are looking for a fresh start and are searching for a
strong and proven company. Through December 31, 2009, GNC is offering 50%
off the initial franchise fee to those who are qualified and interested in
a great opportunity to start a GNC franchise.
"At a time when many retailers are going out of business, cutting jobs and
closing locations, GNC sales are as strong as ever and the company
continues to expand its retail locations," says Executive Vice President
of Store Development Tom Dowd. "For the past 75 years, GNC has expanded
its worldwide network to over 6,700 stores in the U.S. and 47 global
markets -- and we're still growing!"
"With the ongoing tightening of the credit markets we are offering
aggressive discounts on the franchise fee to be more supportive with
entrepreneurs in attracting them to GNC franchising," said Dowd. "We have
many great locations available throughout the country. GNC is looking
forward to continued growth with potential new partners. This is a
fantastic industry and GNC is 11 times larger than our nearest competitor
in our category."
Dowd pointed to these five reasons for calling GNC now:
-- Life expectancy has increased 30 years in the last century.
-- As Americans become more conscious of the value of maintaining a
healthy lifestyle, they become more proactive in preventive care.
-- Baby boomers account for $1.5 trillion spent on goods and services,
with two times the disposable income of any other age group. As boomers
continue to age, their main concern is health care costs and living well.
-- Annual growth in the supplement industry is expected to rise steadily
through 2012, according to the Nutrition Business Journal, making now the
perfect time to open a GNC franchise.
-- For the past 19 years in a row, GNC has been ranked as the #1
franchise in the Supplement category and in 2008 was ranked 23rd overall by
Entrepreneur Magazine.
This is the perfect opportunity to operate a business and begin a new
career as a GNC franchisee! Individuals who are looking for a career
change and are not existing GNC franchise operators are eligible for the
50% franchise fee discount. Additionally, there is financial support
available to qualified individuals.
Learn more about how you can be a part of this exciting and growing
business, visit www.GNCFranchising.com for more information.
About GNC
GNC, headquartered in Pittsburgh, Pa., a leading global specialty retailer
of nutritional products including vitamin, mineral, herbal and other
specialty supplements and sports nutrition, diet and energy products. As
of September 30, 2009, GNC has more than 6,700 locations, of which more
than 5,300 retail locations were in the United States (including 919
franchise and 1,814 Rite Aid franchise store-within-a-store locations)
and franchise operations in 47 international markets. The Company --
which is dedicated to helping consumers Live Well -- also offers products
and product information online at www.gnc.com.
Media Contact:
Laura Brophy
203-364-8657
Email Contact
Copyright 2009, Market Wire, All rights reserved.
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