Start-Up Costs and Fees |
||
| Gold's Gym | Ellipse Fitness | |
| Investment | 22200000000000 - 5000500 | 80000 - 120000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1965 | 2002 |
| Year Franchised | 1980 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gold's Gym | Ellipse Fitness | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Gold's Gym | Ellipse Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Gold's Gym | Ellipse Fitness | |
| Training | Available at headquarters | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | Co-op advertising, Regional advertising | |
| Operations | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Gold's Gym | Ellipse Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gold's Gym | |
| Ellipse Fitness | |
| Franchise Fee | |
| Gold's Gym | |
| Ellipse Fitness | |
| Royalty Fee | |
| Gold's Gym | 5% |
| Ellipse Fitness | 5% |
| Advertising Fee | |
| Gold's Gym | 2% |
| Ellipse Fitness | |
| Year Founded | |
| Gold's Gym | 1965 |
| Ellipse Fitness | 2002 |
| Year Franchised | |
| Gold's Gym | 1980 |
| Ellipse Fitness | 2006 |
| Term Of Agreement | |
| Gold's Gym | |
| Ellipse Fitness | |
| Renewal Fee | |
| Gold's Gym | |
| Ellipse Fitness | |
Business Experience Requirements |
|
| Experience | |
| Gold's Gym | Industry experience General business experience |
| Ellipse Fitness | |
Financing Options |
|
| Franchise Fees | |
| Gold's Gym | No |
| Ellipse Fitness | No |
| Start-up Costs | |
| Gold's Gym | |
| Ellipse Fitness | |
| Equipment | |
| Gold's Gym} | |
| Ellipse Fitness | |
| Inventory | |
| Gold's Gym | |
| Ellipse Fitness | |
| Receivables | |
| Gold's Gym | |
| Ellipse Fitness | |
| Payroll | |
| Gold's Gym | |
| Ellipse Fitness | |
Training & Support |
|
| Training | |
| Gold's Gym | Available at headquarters |
| Ellipse Fitness | |
| Support | |
| Gold's Gym | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Ellipse Fitness | |
| Marketing | |
| Gold's Gym | Co-op advertising, Regional advertising |
| Ellipse Fitness | |
| Operations | |
| Gold's Gym | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. |
| Ellipse Fitness | |
Expansion Plans |
|
| US Expansion | |
| Gold's Gym | |
| Ellipse Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Gold's Gym | |
| Ellipse Fitness | |
| International Expansion | |
| Gold's Gym | |
| Ellipse Fitness | |