World Gym
Health & Fitness Health & FitnessCompany Information
Address
2618 San Miguel Drive, Suite 286Newport Beach, California 92660
Website
Tel
Email
Franchimp Summary Rating
Higher than 98% of peers
Franchise Summary
Description
The franchised business is a fitness facility providing fitness training and equipment, related services and sale of nutritional items, exercise apparel and accessories.
Company Background
Founded in 1976, WORLD GYM has been inspiring and motivating people to take care of their health for over 40 years. With more than 1,400 locations worldwide, we are committed to fitness at every age and skill level. We offer a variety of membership options for all budgets and lifestyles: from our Basic Membership--which includes two personal training sessions per month--to the top-tier Platinum Membership that offers unlimited access to any of our facilities nationwide.
Franchise Opportunity
The fitness industry is incredibly competitive, and it can be hard to differentiate your gym from the rest. With so many gyms out there, it can be tough to get people in the door. And once they are there, you need to keep them coming back. WORLD GYM offers a unique experience that sets us apart from the competition. Our certified trainers will help you achieve your fitness goals, and our top-of-the-line equipment will make sure you have everything you need to reach your potential. Plus, we sell all of the latest exercise apparel and accessories so you can stay looking and feeling great while you work out.
Corporate Structure
World Gym International, LLC. is a Delaware limited liability company. Their principal business address is 1901 Avenue of the Stars, Suite 1100, Los Angeles, California 90067. They have been offering franchises since June 2009.
Royalties and Marketing Fees
Royalties : 5.0% of revenue
Franchise Types Available
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Employee Contact Database
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Distribution of World Gym Franchisees
World Gym Franchise System Development in 2020
FAQ
How much investment do I need to start my own World Gym business?
Franchisees typically require at least $1 to $3 investment to get their World Gym business started
What are the initial franchise fees for World Gym?
Franchisees typically need to pay at least $45 in fees directly to World Gym in order to earn the right to launch their business
How much money can I make with a World Gym franchise? What are
the average revenues for a typical World Gym business?
We haven’t done the math on how much revenue a typical
World Gym brings in each year. We estimate that other
franchisees in the Health & Fitness industry generate
$579,475 revenue, so we would expect
World Gym to generate a similar amount
How long do I need to commit to running a World Gym unit? What
is my contractual commitment?
World Gym franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$1,094,500 to $3,690,000
which is
Much Higher
than the $0 to $0 average in the Health & Fitness 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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