Gold's Gym
Health and fitness centers- 2023 Franchise 500 Rank
-
#276Ranked #449 last year
- Initial investment
-
$1.5M - $3.6M
- Units as of 2022
-
596 17% over 3 years
Company Overview
About Gold's Gym
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
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-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite Selection
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional 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?
- No
- Are exclusive territories available?
- Yes
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.
Additional Rankings
Curious to know where Gold's Gym ranked on other franchise lists? Find out below.
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read ourPrivacy Policy
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Gold's Gym.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Take a Look at the Oldest Operating McDonald's Where Burgers Were Once 15 Cents
The spot is located in Downey, California.
How One Woman Turned Pandemic-Induced Boredom and a Makeshift Garage Art Studio Into a Thriving Franchise
Maya Ratcliff was searching for a hobby when she stumbled upon an art form that would ultimately change her life forever.
'Do You Know How Bad I Want This Money?': Man Finds $5,000 in McDonald's Drive-Thru Order
The customer went viral for what he did next.
The Top 15 Home-Based and Mobile Franchises for 2023
For budding entrepreneurs looking to franchise without leaving the house, these concepts offer flexibility.
Taco Bell Uses This Trick to Connect With Customers. You Can Use It To Connect With Anyone
Steal this tactic from one of the world's strongest brands.
Viral Meme Star Inks Deal With Popeyes Decades Later
Dieunerst Collin went viral after a man videotaped him on Vine delivering the perfect side eye.