Gold's Gym vs *YogaSix Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
*YogaSix Franchise
Investment $22,182,505,000,500$279,997 - $571,681
Franchise Fee $40,000$60,000
Royalty Fee 5%7%
Advertising Fee 2%2%
Year Founded 19652012
Year Franchised 19802018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


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

    Financing Options
     
    Gold's Gym Franchise
    *YogaSix 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
    *YogaSix 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
    *YogaSix Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 *YogaSix

    "Yoga

    Yoga Six Franchise, LLC offers for sale a franchise to establish and operate a fitness studio that offers and provides indoor yoga classes/instruction and other related exercise classes under the franchisor’s then-current proprietary marks, which currently includes our principal mark Yoga Six

    The total investment necessary to begin operations of a Studio franchise ranges from $279,997 to $496,681. This amount includes $121,558 and $130,258 must be paid to the franchisor or its affiliate prior to opening.
    The total investment necessary to develop multiple Studios under the franchisor’s form of area development agreement depends on the number of franchises the franchisor grants you the right to open, which in all cases will be three or more under this Disclosure Document. The total investment necessary to enter into an area development agreement for the right to develop three Studios is $354,997 and $571,681 which includes
    a development fee of $135,000 that is paid to the franchisor or their affiliates prior to opening, and the total estimated initial investment to begin operation of your initial Studio.


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