Gold's Gym vs Hy-Tech Weight Loss Franchise Comparison

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

Start-Up Costs and Fees

  Gold's Gym Hy-Tech Weight Loss
Investment 22200000000000 - 5000500 44100 - 117500
Franchise Fee 0
Royalty Fee 5%
Advertising Fee 2%
Year Founded 1965 2004
Year Franchised 1980 2005
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Gold's Gym Hy-Tech Weight Loss
Experience Industry experience General business experience

Financing Options

  Gold's Gym Hy-Tech Weight Loss
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Gold's Gym Hy-Tech Weight Loss
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 Hy-Tech Weight Loss
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Gold's Gym
Hy-Tech Weight Loss
Franchise Fee
Gold's Gym
Hy-Tech Weight Loss
Royalty Fee
Gold's Gym 5%
Hy-Tech Weight Loss
Advertising Fee
Gold's Gym 2%
Hy-Tech Weight Loss
Year Founded
Gold's Gym 1965
Hy-Tech Weight Loss 2004
Year Franchised
Gold's Gym 1980
Hy-Tech Weight Loss 2005
Term Of Agreement
Gold's Gym
Hy-Tech Weight Loss
Renewal Fee
Gold's Gym
Hy-Tech Weight Loss


Business Experience Requirements

Experience
Gold's Gym Industry experience General business experience
Hy-Tech Weight Loss

Financing Options

 
Franchise Fees
Gold's Gym No
Hy-Tech Weight Loss No
Start-up Costs
Gold's Gym
Hy-Tech Weight Loss
Equipment
Gold's Gym}
Hy-Tech Weight Loss
Inventory
Gold's Gym
Hy-Tech Weight Loss
Receivables
Gold's Gym
Hy-Tech Weight Loss
Payroll
Gold's Gym
Hy-Tech Weight Loss

Training & Support

Training
Gold's Gym Available at headquarters
Hy-Tech Weight Loss
Support
Gold's Gym Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Hy-Tech Weight Loss
Marketing
Gold's Gym Co-op advertising, Regional advertising
Hy-Tech Weight Loss
Operations
Gold's Gym 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed.
Hy-Tech Weight Loss

Expansion Plans

US Expansion
Gold's Gym
Hy-Tech Weight Loss
Canada Expansion
Gold's Gym
Hy-Tech Weight Loss 0
International Expansion
Gold's Gym
Hy-Tech Weight Loss