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The Vitamin Shoppe (No Longer Franchising)

Vitamins, minerals, supplements, sport nutrition products
Investment
$483,900
Initial Franchise Fee
$39,900
Units
700
Growth Rate
-1%

Overview

Industry
Health & Wellness
Founded
1977
Franchising Since
2021
Parent Company
Franchise Group Inc.
Leadership
Scott Harvey, Franchise
# of Employees at HQ
6500

Units and Growth Chart

About The Vitamin Shoppe (No Longer Franchising)

The Vitamin Shoppe is not offering franchise opportunities at this time.

Investment Details

Initial Franchise Fee
$39,900
Initial Investment
$483,900 - $984,900
Net Worth Requirement
$850,000
Cash Requirement
$250,000
Royalty Fee
5%
Ad Royalty Fee
2%+
Technology Fee
$875/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
20% off first-store franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona California Colorado Connecticut District of Columbia Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Wisconsin West Virginia Wyoming
International

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
80 hours
Classroom Training
19 hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
5
Are exclusive territories available?
Yes

Ranking History

The Vitamin Shoppe (No Longer Franchising) performance in the Franchise rankings over recent years

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022