Nutrishop is a retail store offering nutritional supplements and fitness products. The franchise provides high-quality products to customers looking to improve their fitness and wellness.
Key Insights
- Nutrishop Store has established a presence in the health and wellness sector, developing a model focused on personalized nutrition and supplement solutions. The business began with a vision to empower individuals through informed choices regarding their dietary needs and fitness goals. Its foundation is built on providing accessible and effective products and guidance.
- The franchise operates through a brick-and-mortar retail presence, complemented by online engagement, offering a diverse range of health supplements, nutritional products, and fitness-related items. Customers receive consultations and product recommendations tailored to their specific wellness objectives. The business emphasizes product quality and customer support.
- The industry Nutrishop Store serves is characterized by increasing consumer interest in health, fitness, and preventative wellness. This sector sees ongoing innovation in product development and a growing demand for specialized nutritional support. The franchise is positioned within a dynamic market landscape focused on well-being.
Franchise Fee and Costs to Open
Exploring the financial picture of Nutrishop Store gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $144,000 - $251,500, along with a franchise fee of $15,000 - $20,000.
Financial Performance and Revenue
Yearly gross sales of $171,519 and estimated earnings of $17,152 - $20,583 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 11.0-13.0 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Nutrishop Store provides comprehensive initial training for new franchisees. This program lasts two weeks and takes place at Nutrishop Store's corporate headquarters. The franchisor offers a robust suite of resources designed to support new business owners. These resources cover operational best practices and product knowledge, empowering franchisees.
Legal Considerations
Legal considerations for a Nutrishop Store franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A Nutrishop franchisee may encounter considerations around navigating diverse local supplement markets and established competitors. Operational complexity, including inventory management and staff training for product knowledge, requires careful attention. Reliance on specific supplier agreements for product availability and pricing also presents a factor to manage within the franchise model.
Franchise Datasheet
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