Gold’s Gym
Health & Fitness Fitness Centers & GymsCompany Information
Address
5420 Lyndon B. Johnson Freeway, Suite 300
Website
Tel
Email
Franchimp Summary Rating
Higher than 100% of peers
Franchise Summary
Description
The franchise offered is to operate a Gold’s Gym Facility.
Company Background
Gold's Gym is a world-renowned fitness franchise with more than 4,000 locations in 50 countries and territories. For over 40 years we have been helping people achieve their goals through exercise and healthy living. We provide personal training, group exercise classes, nutrition counseling, and other services that promote physical well-being. Gold's Gym has helped millions of members transform their lives through our commitment to service excellence and the pursuit of progress for all who enter as guests.
Franchise Opportunity
The gym industry is growing but most people don't have time to go to the gym. Gold's Gym has a solution for busy people who want to get in shape and stay healthy. Our franchisees are part of a huge network that allows them to share their expertise with others and grow their business. We offer 24-hour access, so members can work out whenever it works for them, not just during normal working hours. Plus we have high-quality equipment and trainers on hand, making us the best option for busy individuals looking for a fitness program they can stick with long term!
Corporate Structure
Gold’s Gym Franchising LLC incorporated in Delaware on August 13, 1999 and converted to a Delaware limited liability company on July 21, 2004. They do business as Gold’s Gym Franchising and Gold’s Gym. Their principal business address is 4001 Maple Avenue, Suite 200, Dallas, Texas 75219. They have offered franchises for Gold’s Gym Facilities since 1999.
Franchise Types Available
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Employee Contact Database
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Distribution of Gold’s Gym Franchisees
Gold’s Gym Franchise System Development in 2024
FAQ
How much investment do I need to start my own Gold’s Gym business?
Franchisees typically require at least $1,793,500 to $4,537,000 investment to get their Gold’s Gym business started
What are the initial franchise fees for Gold’s Gym?
Franchisees typically need to pay at least $40,000 in fees directly to Gold’s Gym in order to earn the right to launch their business
How much money can I make with a Gold’s Gym franchise? What are
the average revenues for a typical Gold’s Gym business?
We haven’t done the math on how much revenue a typical
Gold’s Gym brings in each year. We estimate that other
franchisees in the Health & Fitness industry generate
$579,475 revenue, so we would expect
Gold’s Gym to generate a similar amount
How long do I need to commit to running a Gold’s Gym unit? What
is my contractual commitment?
Gold’s Gym franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$1,793,500 to $4,537,000
which is
Much Higher
than the $0 to $0 average in the Fitness Centers & Gyms industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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