GNC Franchise Complaints

The GNC General Nutrition Centers franchise has a high SBA loan default rate of 23%.  GNC is listed by the SBA among the worst franchises by SBA loan default.

Are you familiar with the GNC General Nutrition Centers franchise opportunity? Please share a comment below.

GNC General Nutrition Centers franchisees have received 91 SBA-guaranteed loans since 2001; nearly one-quarter of those loans have been defaulted on by GNC franchise owners.

The GNC Franchise has a failure rate of 23% for SBA-backed franchise loans

It’s likely that GNC franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly a quarter were unable to repay those franchise loans… despite serious incentive to do so.

Are you familiar with the GNC franchise opportunity?

What do you think accounts for the SBA loan failure rate of GNC franchise owners?

What steps should GNC be taking to stop further franchise failures?

Has GNC taken serious action to address the problems that led to the 23% loan failures?

Please share a comment, opinion or insight below.

ARE YOU A GNC FRANCHISE OWNER OR FORMER GENERAL NUTRITION CENTER FRANCHISEE?  ARE YOU FAMILIAR WITH GNC FRANCHISE OPPORTUNITY?  PLEASE SHARE A COMMENT BELOW.

Contact UnhappyFranchisee.com

Tags:  GNC, GNC franchise, General Nutrition Centers, General Nutrition Centers franchise, nutritional supplements, GNC complaints, GNC vitamin franchise, nutrition franchise, franchise opportunity, retail franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee

3 thoughts on “GNC Franchise Complaints

  • August 4, 2014 at 5:47 pm
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    I need to hear from someone asap about a location at 7380 191 st street Tinley Park , IL 60487 very disappointed with the way a situation was handled there.

  • October 15, 2014 at 8:21 pm
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    The reason you wont find many GNC complaints online is because when you take Corporate to court the settlement includes an agreement not to post negative things about them. Trust me, get a GNC franchise and you’ll find out quickly that GNC is not on your side. Starting with the opening order where you get a bunch of products and flavors of products you wont sell. Until the secrete shoppers and surprise inspections they’re not on your side. Corporate is full of people who have NEVER owned a store and these are the people who are telling you how to run one…

  • November 13, 2017 at 3:12 pm
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    The best franchise management team was let go 1-3 years ago. Now it is a rag-tag group of DFOs working locally without a national focus. They are all over the place. I have multiple stores and 2 DFOs and each has their own way of running things the GNC way, which is to say all over the board. When there was a real franchise company run by people with franchise knowledge, things were actually handled. Now, the VP of franchise has no clue, has no power, has no direction, and has no franchise experience. He is there by title only. Bring back the old franchise department and team. I refuse to buy any more GNC locations, and have since diversified my portfolio of franchise stores.

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