Gold's Gym vs Zoo Health Club Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Zoo Health Club including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$22,182,505,000,500 | $47,969 - $171,799 |
Franchise Fee |
$40,000 | $19,999 |
Royalty Fee |
5% | greater of $399/ month or 7% |
Advertising Fee |
2% | - |
Year Founded |
1965 | - |
Year Franchised |
1980 | - |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | - |
Financing Options |
|
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 |
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 |
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.
#61 on Franchise Rankings.com
#427 in Franchise 500 for 2020.
About Zoo Health Club
The appeal of a Zoo Health Club is far-reaching. Demographic studies indicate that members will routinely travel up to ten miles to attend a given location. This level of customer interest and loyalty speaks volumes of our success.
Each year, Zoo Health Clubs contribute to their communities by hosting and supporting cancer walks, marathons, and a variety of other events and activities. Such involvement makes Zoo locations popular gathering places for local and regional events.
Such is the appeal of the Zoo Health Clubs. Members love to return time and again in order to enjoy the familiarity of their Zoo, with its clean facilities, helpful staff, immaculate equipment, and friendly environment.
Since the early 1970s, Zoo Health Clubs have promoted a carefully balanced atmosphere that is both family-friendly and appealing to serious athletes. Everyone-from those seeking a general fitness program to hard-core body builders-find what they need at their Zoo.
The Zoo's unique business model benefits both the franchisee and its members:
* Location, location, location! Convenient, easily accessible locations in secondary shopping centers make frequent visits routine for the entire family.
* Small- to medium-size locations limit lease costs and ensure a friendly, community-like environment.
* Low monthly fees attract and retain members.
* Top-of-the-line equipment offers a competitive edge and keeps members challenged.
* A variety of special products and services please members and increase revenue.
#99 in Gator's Top franchises.