Gold's Gym vs House of Speed Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs House of Speed including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Gold's Gym House of Speed
Investment 22200000000000 - 5000500 79500 - 999999
Franchise Fee 0
Royalty Fee 5% 10%
Advertising Fee 2%
Year Founded 1965 1998
Year Franchised 1980 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Gold's Gym House of Speed
Experience Industry experience General business experience Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High

Financing Options

  Gold's Gym House of Speed
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Gold's Gym House of Speed
Training Available at headquarters 3-5 business days in Aurora, IL
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. Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers

Expansion Plans

  Gold's Gym House of Speed
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Gold's Gym
House of Speed
Franchise Fee
Gold's Gym
House of Speed
Royalty Fee
Gold's Gym 5%
House of Speed 10%
Advertising Fee
Gold's Gym 2%
House of Speed
Year Founded
Gold's Gym 1965
House of Speed 1998
Year Franchised
Gold's Gym 1980
House of Speed 0
Term Of Agreement
Gold's Gym
House of Speed
Renewal Fee
Gold's Gym
House of Speed


Business Experience Requirements

Experience
Gold's Gym Industry experience General business experience
House of Speed Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High

Financing Options

 
Franchise Fees
Gold's Gym No
House of Speed No
Start-up Costs
Gold's Gym
House of Speed
Equipment
Gold's Gym}
House of Speed
Inventory
Gold's Gym
House of Speed
Receivables
Gold's Gym
House of Speed
Payroll
Gold's Gym
House of Speed

Training & Support

Training
Gold's Gym Available at headquarters
House of Speed 3-5 business days in Aurora, IL
Support
Gold's Gym Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
House of Speed
Marketing
Gold's Gym Co-op advertising, Regional advertising
House of Speed
Operations
Gold's Gym 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed.
House of Speed Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers

Expansion Plans

US Expansion
Gold's Gym
House of Speed
Canada Expansion
Gold's Gym
House of Speed
International Expansion
Gold's Gym
House of Speed