Gold's Gym vs Form YOU 3 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Form YOU 3 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Gold's Gym Franchise
Form YOU 3 Franchise
Investment $22,182,505,000,500$33,000 - $43,000
Franchise Fee $40,000$15,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 1965-
Year Franchised 1980-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Gold's Gym Franchise
Form YOU 3 Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Gold's Gym Franchise
    Form YOU 3 Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Gold's Gym Franchise
    Form YOU 3 Franchise
    Training Available at headquarters-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Regional advertising-
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    		-

    Expansion Plans
     
    Gold's Gym Franchise
    Form YOU 3 Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Gold's Gym

    Bodybuilders training outside on Muscle Beach were the first customers for the original Gold's Gym when it opened in Venice, California, in 1965. With its intense, no-frills atmosphere, the gym soon became known as the 'Mecca of Bodybuilding.' Arnold Schwarznegger's movie 'Pumping Iron' focused on Gold's Gym, propelling it into the spotlight in 1975. Gold's Gym has been franchising since 1980, and franchises account for more than 90 percent of its locations. In addition to running the health club facilities, franchisees sell Gold's Gym licensed apparel through their Pro Shops.

    "franchiserankingscom"
    #61 on Franchise Rankings.com

    "Entrepreneur
    #427 in Franchise 500 for 2020.


    About Form YOU 3

    Form YOU 3 Weight Loss Centers has been a leader in the weight loss industry since 1982. Millions of dieters, just like you, have achieved tremendous success on our weight loss, weight management and nutrition programs with our high quality products and comprehensive member support system.
    Form YOU 3 takes an integrated approach to weight loss. We offer two separate programs to fit members' individual weight loss needs. Our Traditional Program consists of food exchanges that provide a healthy diet and allow members to enjoy wholesome, natural, grocery store foods while still losing weight. Our new Form YOU FastTM Program is a nutrient-rich meal replacement program that offers aggressive weight loss and is often suited to members' active lifestyles. Our support system offers one-on-one guidance, behavioral modification techniques, weight management classes (in select locations), and motivational and nutritional tips. Form YOU 3 helps members to lose weight successfully and keep it off. Members learn to apply the skills they have been taught to change unhealthy food behavior patterns and develop a positive mindset to achieve and maintain a healthy body weight!