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Franchise Gold's Gym

Investments

$2,218,250

Franchise fee

$40,000

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Short information

$2,218,250

$2,218,250

Investments

$300,000

$300,000

Minimum Cash

2

2

Wishing to buy

1965

1965

Year Brand Started

719

719

Offices

1980

1980

Year Franchising Started

Franchise Gold's Gym

Investments

$2,218,250

Offices

719

Franchise Fee

40000

Short information

1965

Year Brand Started

1980

Year Franchising Started

About Franchise

POWER OF THE BRAND

Gold's Gym is the #1 fitness club in the world and one of the most recognized names in the explosive 15.9 billion dollar fitness industry. Gold's Gym has expanded its fitness profile to offer all of the latest equipment and services including, group exercise, personal training, cardiovascular equipment, spinning, Pilates and yoga, while maintaining its core weight lifting tradition. With nearly 3 million members world wide, Gold's Gym continues to change lives by helping people achieve their individual potential. Unmatched brand awareness, Ongoing support, proprietary offerings, and the most diverse, complete fitness experience available to qualified single and multi-unit developers. Gold's Gym, Change Your Body, Change Your Life.

For more than 50 years, Gold’s Gym has been the world’s trusted fitness authority. From humble beginnings as a small gym in Venice, California, Gold’s Gym has grown into a global icon with 700+ locations serving 3 million people each day across 6 continents.

Franchise Gold's Gym

Gold's Gym University

Gold's Gym University is a 5-day, 28 class comprehensive workshop aimed at delivering efficient and modern approaches to learning and orienting new and existing franchisees to the Gold's Gym organization and all it has to offer. The University has been designed to help ensure that owners and their staff are informed and equipped with all the skills required to run a successful operation. If you have recently opened or are about to open a new Gold's Gym Franchise, these classes are a must! Knowledge is power, and Gold's Gym University will provide even the most experienced gym operators with hands-on operational knowledge to enhance business operations. 

Franchise Gold's Gym
Gold's Gym Management Institute

This five-day curriculum is guaranteed to help take your management team to the next level. It is designed to help owners and managers learn what they need to know to efficiently manage their gyms by taking an in-depth look at the foundation and core operations of a successful Gold's Gym franchise. The Gold's Gym Management Institute is open to Owners, Operations Managers, Area Managers, General Managers, and Assistant General Managers.

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Finance Information

Investments: $2,218,250 – $5,000,500

Franchise fee: $40,000

Royalty fee: 5%

Minimum Cash: $300,000

Net Worth: $800,000

Training and Support

Initial, Ongoing and Web Based Training

Gold's Gym has a multi-level comprehensive training and support system that provides management training programs to franchisees - Gold's Gym University (GGU), and Gold's Gym Management Institute (GGMI) and the Gold's Gym Body Success Institute (Fitness Nutrition Counseling). You will receive individual instruction, training manuals, training materials and programs for use at your gym. We currently offer complete and extensive operating manuals in the following areas: Sales, Front Desk, Personal Training, Customer Service, Body Success, and Introduction to Fitness. 

Partner Requirements

  • $800,000 in Net Worth
  • $300,000 in Liquid Assets
  • Previous Business Ownership or Unit Management Experience in the retail or service industry
  • Experience managing 15-30 employees – salary & commission
  • Interested in Fitness or a related healthcare / wellness activity
  • Sales Experience
  • Involvement in the community

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Training

Yes

Business Type

Franchise

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