Pittsburgh, // PRNewswire // -- Despite the challenging economic climate, the supplement and self-care industry remains a $21 billion industry and continues to grow at a rate of 4-6% each year and GNC is the largest global specialty retailer of health and wellness, sports nutrition and diet products. For the past 75 years, GNC has expanded its worldwide network of over 5,200 stores in the U.S. and 44 global markets.
Retirement or job loss does not have to be the end. Venture into entrepreneurship with a franchise that has a proven system in place. Don't worry about the guess work of a start-up business; GNC has been perfecting the franchise system for the last 20 years.
GNC believes that retirement or loss of a job is a transition point for beginning a new phase of life, and we have tailored a program to capture some of the most talented, experienced, reliable and motivated people out there. Recognizing that companies are offering early retirement packages and have been laying off dedicated employees, GNC is offering 25% off the initial franchise fee through September 30, 2009 to any qualified and interested individual that is retired or laid off who is looking for a new career with a strong and proven company. This is 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. "GNC is continuing to do very well, opening 237 stores (in North America alone) within the last three years and another 50 plus planned to open this year."
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. Additionally, in 2008, when almost 6,000 retailers closed their doors due to lost sales, GNC produced positive sales growth in both franchise and corporate stores.
As people become more conscious of health conditions in general, they become more proactive about preventative care. More people are seeking - healthier lifestyles. Life expectancy has increased 30 years in the last century and people ages 54 - 63 account for $1.5 trillion spent on goods and services, with two times the disposable income of any other age group. As people in this age range continue to grow older, their main concern is health care costs and living well.
Begin a new career as a GNC franchisee! There is financial support available to qualified individuals.
GNC, headquartered in Pittsburgh, Pa., is the largest global specialty retailer of nutritional products including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products. As of March 31, 2009, GNC has more than 5,200 retail locations throughout the United States (including 944 franchise and 1,733 Rite Aid store-within-a-store locations) and franchise operations in 44 international markets.