Gold's Gym vs CityRow Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Gold's Gym Franchise
CityRow Fitness Franchise
Investment $22,182,505,000,500$253,843 - $609,574
Franchise Fee $40,000N/A
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 19652018
Year Franchised 19802018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
CityRow Fitness Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    CityRow Fitness 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
    CityRow Fitness Franchise
    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

     
    Gold's Gym Franchise
    CityRow Fitness Franchise
    US Expansion -Yes
    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.

    "franchiserankingscom"
    #61 on Franchise Rankings.com

    "Entrepreneur
    #427 in Franchise 500 for 2020.


    About CityRow Fitness

    "CityRow

    Trendy workouts are everywhere - but only the best alter the fitness landscape for good.

    Row,row,row your franchise'

    Today’s consumer is seeking tailored services that cater to their individual needs, not to the masses. Boutique fitness is replacing crowded, intimidating gyms. It’s changing the way people get fit with effective, hard-hitting workouts that are also a whole lot of fun. The CityRow concept was tested and perfected in New York’s fiercely competitive market. Every aspect, from studio design to instructor training to member retention, has been refined so that you can hit the ground running. Backed by Franworth - the premier franchise development company - CityRow’s proven business model is poised to win markets from coast to coast. Be first in your region with this killer concept and become the breakout brand.

    We are looking for franchisees who want to take control of their financial and professional future. Our best franchisees are not afraid to roll up their sleeves and get connected to their community. This is a people business first and foremost, so our focus is on the guest experience! Our goal is to make the process of opening a CityRow Studio as easy for you as possible. We will take you through our Discovery Process to ensure that all of your questions are answered and that there is a good mutual fit. You can count on us here at CityRow - we want to see our franchisees succeed.

    The total investment necessary to begin operation of one CityRow Fitness Facility is $253,843 to $460,074. This includes $83,927 to $90,985 that must be paid to the franchisor.
    The total investment necessary to begin operation as a developer under an Area Development Agreement is $303,843 to 510,074 (3 - CityRow Fitness Facilities) and $403,343 to $609,574 (5 - CityRow Fitness Facilities). The area development fee applicable to each CityRow Fitness Facility will be credited toward the initial franchise fee due under the Franchise Agreement for each CityRow Fitness Facility. To qualify for an Area Development Agreement, you must agree to develop two or more Fitness Facilities.