2023 Franchise 500 Rank
#276Ranked #449 last year
See the Full List
Initial investment
$1.5M - $3.6M
Units as of 2022
596 17% over 3 years

Company Overview

Bodybuilders training outside on Muscle Beach were the first customers for the original Gold's Gym when it opened in Venice, California, in 1965. Arnold Schwarznegger's movie "Pumping Iron" focused on Gold's Gym, propelling it into the spotlight in 1975. Gold's Gym has been franchising since 1980. In addition to running the health club facilities, franchisees sell Gold's Gym licensed apparel through their Pro Shops.

About Gold's Gym

Related Categories
Fitness
Founded
1965
Parent Company
Gold's Gym
Leadership
Kevin Christie, VP of Global Franchising
Corporate Address
5420 LBJ Fwy., #700
Dallas, TX 75240

Business Overview

Franchising Since
1980(43 years)
# of employees at HQ
125
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees worldwide.

# of Units
596(as of 2022)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Gold's Gym 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
$40,000
Initial Investment
$1,483,000 - $3,602,000
Net Worth Requirement
$1,000,000
Cash Requirement
$400,000
Veteran Incentives
20% off first-unit franchise fee
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes
Take Our Free Franchise Quiz!

Financing Options

franchisees.

Third Party Financing
Gold's Gym has relationships with third-party sources which offer financing to cover the following: startup costs, equipment

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
5 hours
Classroom Training
30 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
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty 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?
No
Are exclusive territories available?
Yes
Take our quick quiz to find your ideal franchise

Interested in ownership opportunities like Gold's Gym? Request a free consultation with a Franchise Advisor now.

特许经营500年排名History

比较在黄金的健身房落在今年的联邦铁路局nchise 500 Ranking versus previous 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