How much is The Vitamin Shoppe worth?
$208 million
The Vitamin Shoppe has been acquired by Liberty Tax in an all cash deal worth $208 million.
How much does a Vitamin Shoppe franchise cost?
The initial franchise fee for The Vitamin Shoppe is $40,000 with a cash investment of $200,000. The net worth requirement is $750,000.
Is Vitamin Shoppe bigger than GNC?
GNC’s brand is ranked #487 in the list of Global Top 1000 Brands, as rated by customers of GNC. Their current valuation is $46.53M. Vitamin Shoppe’s brand is ranked #- in the list of Global Top 1000 Brands, as rated by customers of Vitamin Shoppe. Their current market cap is $156.41M.
How much does the vitamin industry make per year?
Revenue from vitamin and nutritional supplement production reached nearly 31 billion dollars in the United States in 2018 and the industry is set to add over a billion more in revenue in 2019. With consumers’ interest in health and wellness growing, so too is the market for supplements that support this lifestyle.
Is Vitamin Shoppe profitable?
in the United States from fiscal year 2014 to 2018. In fiscal year 2018, Vitamin Shoppe, Inc. had a gross profit of approximately 354.79 million U.S. dollars in the United States.
Why is The Vitamin Shoppe so expensive?
They pay us a franchise fee for the store, royalties (on sales) and they buy a lot of the product we make at a margin.” The Vitamin Shoppe is about corporate-owned stores (except for international) so they have to carry the cost load for their 750+ locations.
Who is the biggest supplement company?
Herbalife is one of the largest nutritional supplement companies in the world, employing some 5,000 people and working with nearly 2.7 million independent distributors in 88 countries worldwide. It sells more than six times the nutrition powder sold by GNC, Ensure, and Slim-Fast, combined.
How much is the vitamin industry worth in the US?
The market size, measured by revenue, of the Vitamin & Supplement Manufacturing industry is $35.6bn in 2022.
Is The Vitamin Shoppe profitable?
In fiscal year 2018, Vitamin Shoppe, Inc. had a gross profit of approximately 354.79 million U.S. dollars in the United States.
Is the Vitamin Shoppe trustworthy?
Vitamin Shoppe has a consumer rating of 2.93 stars from 41 reviews indicating that most customers are generally dissatisfied with their purchases. Consumers complaining about Vitamin Shoppe most frequently mention customer service problems. Vitamin Shoppe ranks 60th among Vitamins & Supplements sites.
Does Vitamin Shoppe have good quality?
Vitamin Shoppe has an overall Product Quality score of 4.1 out of 5 stars rated by its users and customers. Sign Up to unlock Vitamin Shoppe’s overall Product Quality score rated by its users and customers.
What is the #1 nutrition company in the world?
Herbalife Nutrition
LOS ANGELES, April 29, 2021 /PRNewswire/ — Global nutrition company, Herbalife Nutrition (NYSE: HLF), has been named the world’s #1 brand in weight management and wellbeing1 by Euromonitor International, an independent market research firm.
How much is the supplement market worth?
Report Overview. The global dietary supplements market size was valued at USD 151.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 8.9% from 2022 to 2030.
Who owns The Vitamin Shoppe?
Franchise GroupThe Vitamin Shoppe / Parent organization