Gold's Gym Franchise
Health, racquet and sports club.
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a Gold's Gym Franchise ?
The investment required to open a Gold's Gym Franchise is $22,200,000,000,000 . There is an initial franchise fee of $40,000 which grants you the license to run a business under the Gold's Gym name.
Individual Franchise Costs
- Initial Investment:
$22,200,000,000,000 - Initial Franchise Fee:
$40,000 - Royalty Fee:
5% - Advertising Fee:
2%
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Training
Available at headquarters
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing
Co-op advertising, Regional advertising
Gold's Gym Growth History
When did the first Gold's Gym open? 1965When did Gold's Gym start Franchising ? 1980
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 570 | 11 | 83 | 39 |
| 2004 | 540 | 14 | 63 | 37 |
| 2003 | 504 | 14 | 49 | 30 |
| 2002 | 489 | 15 | 49 | 32 |
| 2001 | 469 | 12 | 46 | 18 |
Your income potential as a Gold's Gym Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your oper_ation costs and increasing the quality of your products and or services. Each month your oper_ating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the ext, you _may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Latest News
Gold's Gym United Kingdom Announces Opening Of Five-star Fitness Facility In London
2006-12-01
Gold's Gym Announces Resignation Of Gene Lamott As President And Ceo: Board Appoints David Schnabel As Ceo
2006-11-28
Gold's Gym Makes Children's Wishes Come True
2006-11-17
Ggi And The Ggfa Announce Formation Of The National Franchise Council
2006-11-15
Gold's Gym International Wraps Up Second Annual Master Franchisee Summit In The Dominican Republic
2006-11-09
Gold's Gym Launches National Effort To Fight Diabetes With Fitness
2006-11-01
Gold's Gym International Announces Groundbreaking New Facility In Florissant, Missouri
2006-10-24
Gold's Gym Rockville Encourages Residents To ‘send Comforts Of Home' To U.s. Troops Overseas
2006-10-12
Gold's Gym Greenbrook Challenges Area Residents To "show Their Strength" In Support Of St. Jude's Hospital
2006-08-01
Gold's Gym Members Score With New Soccer Jerseys
2006-06-27
Nautilus To Become Gold's Gym Franchise
2006-05-13 View All
Legal Disclaimer: This information is not a franchise offering for Gold's Gym and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Gold's Gym franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.