Gold's Gym vs Clark Fitness Training Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Clark Fitness Training 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 | $100,000 - And Up |
Franchise Fee |
$40,000 | $25,000 |
Royalty Fee |
5% | - |
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 | You will be trained in all aspects of the business including:
* New Business
* Sales & Marketing
* Operations
* Financials
* Navigating the website
* Class Choreography
Initial training will be held at one of the Clark Fitness Training Sites in central New Jersey. Once you fully understand the systems of operations, you will continue to receive ongoing support from our customer service center and field reps. |
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 Clark Fitness Training
Capture a Booming Market!
Baby Boomers present a huge business opportunity with their vast numbers, unprecedented wealth and life expectancy, and energetic lifestyles.
Since 2000,Clark Fitness Training zeroes in on this opportunity with a broad array of exceptional fitness programs targeted to the 50-plus age group. It's well known that seniors need to participate in regular exercise to maintain optimal health. The Baby Boomers are both committed and consistent with being active and including physical activity as part of their daily routine.
Clark Fitness programming includes sought-after activities offered in the perfect settings; active adult communities with their resort-like amenities, and growing in popularity and profitability.
The 50-and-up market will grow by 70% over the next 15 years and you'll serve this group effectively and efficiently using our state-of-the-art business system!
What's Included?
* Branding
* License to use the Clark Fitness Training trademark
* Use our Operations Manual and Methods of Operation
* Exclusive Territory
* Initial Training Program and support
* Website set-up
* Website Back-office
* Downloadable Choreography
* Marketing Materials
* Ongoing Corporate Support
* Toll free phone line
* Point of Purchase material and design
Benefits
* NO Office Space Required
* NO Lease Commitment
* NO Furniture, Fixtures or Equipment
* NO Inventory
* NO Signage
* No Utilities