Start-Up Costs and Fees |
||
| Gold's Gym | RedLine Athletics | |
| Investment | 22200000000000 - 5000500 | 245733 - 452483 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1965 | 2013 |
| Year Franchised | 1980 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gold's Gym | RedLine Athletics | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Gold's Gym | RedLine Athletics | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Gold's Gym | RedLine Athletics | |
| Training | Available at headquarters | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Gold's Gym | RedLine Athletics | |
| 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 | |
| RedLine Athletics | |
| Franchise Fee | |
| Gold's Gym | |
| RedLine Athletics | |
| Royalty Fee | |
| Gold's Gym | 5% |
| RedLine Athletics | 7% |
| Advertising Fee | |
| Gold's Gym | 2% |
| RedLine Athletics | 1% |
| Year Founded | |
| Gold's Gym | 1965 |
| RedLine Athletics | 2013 |
| Year Franchised | |
| Gold's Gym | 1980 |
| RedLine Athletics | 2013 |
| Term Of Agreement | |
| Gold's Gym | |
| RedLine Athletics | |
| Renewal Fee | |
| Gold's Gym | |
| RedLine Athletics | |
Business Experience Requirements |
|
| Experience | |
| Gold's Gym | Industry experience General business experience |
| RedLine Athletics | |
Financing Options |
|
| Franchise Fees | |
| Gold's Gym | No |
| RedLine Athletics | No |
| Start-up Costs | |
| Gold's Gym | |
| RedLine Athletics | |
| Equipment | |
| Gold's Gym} | |
| RedLine Athletics | |
| Inventory | |
| Gold's Gym | |
| RedLine Athletics | |
| Receivables | |
| Gold's Gym | |
| RedLine Athletics | |
| Payroll | |
| Gold's Gym | |
| RedLine Athletics | |
Training & Support |
|
| Training | |
| Gold's Gym | Available at headquarters |
| RedLine Athletics | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| Support | |
| Gold's Gym | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| RedLine Athletics | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Gold's Gym | Co-op advertising, Regional advertising |
| RedLine Athletics | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Gold's Gym | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. |
| RedLine Athletics | |
Expansion Plans |
|
| US Expansion | |
| Gold's Gym | |
| RedLine Athletics | 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 | |
| RedLine Athletics | |
| International Expansion | |
| Gold's Gym | |
| RedLine Athletics | |