Gold's Gym vs InShapeMD Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
InShapeMD Franchise
Investment $22,182,505,000,500$120,000 - $350,000
Franchise Fee $40,000$15,000 - $40,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 19652009
Year Franchised 19802009
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Gold's Gym Franchise
InShapeMD Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Gold's Gym Franchise
    InShapeMD 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
    InShapeMD Franchise
    Training Available at headquarters-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsYou will receive ongoing support from our expert team at InShapeMD�. The Initial and ongoing support includes: * Guided Implementation & Launch Program * Marketing and Branding material for all media from TV to Internet. * Professionally designed Sales process From Phone Scripts to Patient Enrollment Process * Protocol Training for you and your staff * Operations and Patient Support process * Access to a top in the country custom compounding pharmacy and other vendors * Real Estate/Site Selection * Lease Negotiations * Ongoing Operational Training & Support * Additional Medical Services and Products
    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
    InShapeMD 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.

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    #61 on Franchise Rankings.com

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    #427 in Franchise 500 for 2020.


    About InShapeMD

    InShapeMD is prescription weight loss program. It's not just another weight loss diet with celebrity spokespeople and bad tasting, expensive food. It is a comprehensive, doctor-guided and personalized approach to weight loss and total wellness.InShapeMD offers multiple treatment options from appetite suppressants to hormone therapy, our professional medical staff works together with patients to find the best program for their body, budget and weight loss goals. Our programs include customized diet, nutrition and fitness plans, cutting-edge lab tests, energy-boosting injections and much more.InShapeMD offers family-friendly diets and online nutritional programs that make eating healthy easy and affordable - and don't require patients to have to buy or stock a bunch of expensive, pre-packaged food. Unique Franchise OpportunitiesInShapeMD franchise opportunity is designed as a low overhead and ease of operation business meaning minimal build out requirements, minimal equipment, minimal employees to manage and minimal inventory storage and cost. InShapeMD Franchise is designed to operate inside existing related businesses or as a stand alone store front. The Office Model works great inside Chiropractors, Physicians, Health Clubs, Day Spas, Tanning Salons and other establishments. * Store Front Model o The store front model is a retail business structure. It is located in a high visibility, high traffic area. o Typical franchises are commercial centers, strip centers or buildings on commercial streets with heavy traffic, malls and office buildings * Office Model o The office plan is a franchise housed within an existing business. An example would be a doctor who offers the InShapeMD program in addition to his/her medical practice or a health club. Area Developer Opportunities are available Area Developer business opportunities are offered for people who would like to act as an InShapeMD representative within a defined geographic area to assist with identifying new franchisees and share in the Franchise Revenues Stream. Affordable Franchise Investment The initial Franchise Fees start at $15,000 for a unit and $40,000 for an Area Development Market. Act now to become a part of this hot, franchise opportunity!
    • Hormone Replacement Therapy For Men & Women
    • Medical Weight Loss Management
    • Aesthetics �" Botox, Juvederm, Xeomin, Radiesse, Jan Marini Skin Care, and more
    • Private Label Supplements and Custom Vitamins
    • Over 8,000 Cutting-Edge Lab Tests