The Vitamin Shoppe
Vitamins, minerals, supplements, sport nutrition products- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$493K - $945K
- Units as of 2022
-
705 6% over 3 years
Company Overview
About The Vitamin Shoppe
- Industry
- Health & Wellness
- Related Categories
- Vitamin Stores, Miscellaneous Health Products, Retail, Miscellaneous Retail Businesses
- Founded
- 1977
- Parent Company
- Franchise Group Inc.
- Leadership
- Sharone Leite, CEO
More from The Vitamin Shoppe
A New Era of Franchising is Here
The Vitamin Shoppe Story
After investing more than 45 years in building the most trusted brand in specialty health and wellness, The Vitamin Shoppe is now franchising with only 234 exclusive territories available. The retailer sits prominently in the $50 billion (and growing!) wellness industry and currently operates more than 680 locations. On average, the top 25% of stores generate $1,959,404 average revenue and $379,671 average contribution per store.*
Claim Your Territory, The Vitamin Shoppe Makes the Rest Easy
Five Distinct Revenue Channels
Make money no matter where your customers shop, including passive revenue via commission from website sales
Support to Scale
Scale with ease as The Vitamin Shoppe support team handles everything from automatic inventory management, traffic counters, customer loyalty, and so much more
Established Trust Equity
Profit from our decades-long relationship with customers—70% of revenue comes from return shoppers
Innovative Merchandising Strategy
Stay on the forefront of emerging industry trends through The Vitamin Shoppe’s innovative approach to evolving its product assortment
Trained Experts
The Vitamin Shoppe’s fleet of in-store Health Enthusiasts® know customers by name and are trained experts in health and wellness
About The Vitamin Shoppe
Since 1977, The Vitamin Shoppe has been dedicated to helping customers become their best selves, however they define it. The global, omnichannel specialty retailer and wellness lifestyle company is on a mission of providing customers with the most trusted products, guidance, and services to support them on their journeys of lifelong wellness.
The retailer offers a comprehensive assortment of nutritional solutions, including vitamins, minerals, specialty supplements, herbs, sports nutrition, homeopathic remedies, green living products, and natural beauty products. In addition to carrying products from approximately 700 national brands, The Vitamin Shoppe offers products from its proprietary brands within its owned and wholesale channels, including: The Vitamin Shoppe®, Vthrive™ The Vitamin Shoppe®, BodyTech®, BodyTech® Elite, fitfactor™, fitfactor KETO™, plnt®, ProBioCare®, True Athlete®, and TrueYou™.
Only 234 territories available. Inquire today to claim yours.
*This information reflects the Average Revenue and Average Contribution for the Top 25% of The Vitamin Shoppe company-owned stores which were open for more than a year as of fiscal year end 2021 and were operating in at least 3,000 sq ft of space. Of these 134 stores, 51 attained or surpassed the Average Revenue and 62 attained or surpassed the Average Contribution described above. We refer you to Item 19 of our 2022 Franchise Disclosure Document for additional information. A NEW FRANCHISEE'S RESULTS MAY DIFFER FROM THE REPRESENTED PERFORMANCE. This is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. Offerings made by prospectus only and in compliance with the applicable pre-sale registration and disclosure requirements in your state. ©2022 The Vitamin Shoppe®. All rights reserved.
Franchising Overview
- Franchising Since
- 2021 (1 years)
- # of employees at HQ
- 6,500
- Where seeking
-
This company is seeking new franchisees worldwide.
This company is seeking new franchisees in the following US 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
- # of Units
- 705 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a The Vitamin Shoppe franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $39,900
- Initial Investment
- $492,900 - $944,900
- Net Worth Requirement
- $750,000
- Cash Requirement
- $200,000
- Royalty Fee
- 5%
- Ad Royalty Fee
- 2%+
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- The Vitamin Shoppe has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 88 hours
- Classroom Training
- 19 hours
- Ongoing Support
-
Meetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Regional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- Yes
- # of employees required to run
- 5
- Are exclusive territories available?
- No
Request free information
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