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Updated RecentlyGold's Gym vs Metro 24/7 Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Metro 24/7 Fitness 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 | $200,000 - $410,000 |
| Franchise Fee | $40,000 | N/A |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1965 | 2004 |
| Year Franchised | 1980 | 2009 |
| 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 | Yes |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Yes |
| 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 Metro 24/7 Fitness
Status Permanently Closed Be Part of an Innovative Nationa/ / International Fitness Business Be part of the Future Be Part of The New Generation of National/International Fitness Center Chains Be an Franchisee Be an Investor Join "Team Metro" For More Information, Contact us at: [email protected] or [email protected]