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Updated RecentlyGold's Gym vs RedLine Athletics Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs RedLine Athletics 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 | $245,733 - $452,483 |
| Franchise Fee | $40,000 | $39,000 |
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1965 | 2013 |
| Year Franchised | 1980 | 2013 |
| 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 | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Available at headquarters | On-The-Job Training: 20 hours Classroom Training: 20 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations |
30% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Gold's Gym
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About RedLine Athletics
Your own business in sports and fitness is within reach. RedLine Athletics specializes in training young athletes in the 8-18 year old age range. RedLine Athletics occupies a unique niche in the $38 Billion Dollar fitness industry. An estimated 35 million children participate in youth sports every year. There is a tremendous need and demand for specialized fitness and athletic training for the 8 -18 year old market.
Youth sports represents a large industry, conservatively estimated at $5 billion a year in the United States alone. With huge demand for services and no clear market leader, now is the right time to capture this young, growing and highly fragmented market.