Total investment:
$ 2,218,250
Franchise fee:
$ 40,000
Royalty fee:
5%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1965
Franchise since: 1980
Company owned units:
Franchise owned units: 571
Total number of units:
Number of employees per unit:
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEGold’s Gym International, Inc. is an American chain of international co-ed fitness centers (commonly referred to as gyms) originally started by Joe Gold in Venice Beach, California. Each gym offers a variety of cardio and strength training equipment as well as group exercise programs. Its headquarters have since relocated to Dallas.
Since Gold’s Gym opened its first international location in Canada in 1985, the company has expanded its global franchising program to include nearly 180 international gyms including operations in Russia, India, Australia, Costa Rica, Japan, the United Kingdom, Netherlands, Germany, Egypt, Saudi Arabia, Mexico, Peru, Indonesia, Spain, Poland, Venezuela, Mongolia and the Philippines.
In 2017, the company opened its first location in Amman, Jordan.
On-The-Job Training: 4+ hours
Classroom Training: 29 hours
Additional Training:: Advanced training & staffing training
Absentee Ownership Allowed