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Updated RecentlyGold's Gym vs Fitwize 4 Kids Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Fitwize 4 Kids including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $22,182,505,000,500 | $70,000 - $100,000 |
| Franchise Fee | $40,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1965 | - |
| Year Franchised | 1980 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| 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.
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#61 on Franchise Rankings.com
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About Fitwize 4 Kids
Fitwize 4 Kids' goal is to provide children with a place they can truly call their own!
We are building a team of franchise owners who will "run with this torch" and become role models and teachers of fitness and healthy living to children everywhere.
Do you have what it takes to become a "torch bearer" in our rapidly growing family of "Healthy Lifestyle" centers just for kids?
The Fitwize 4 Kids Franchise is an incredible fun and rewarding business opportunity for success minded youth fitness professionals as well as fitness minded entrepreneurs.
With hundreds of people just like yourself asking about locations around the world Fitwize 4 Kids business model is the place to start your passion in the field of children and fitness.