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Updated RecentlyGold's Gym vs BODYBAR Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs BODYBAR 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 | $237,175 - $464,500 |
| Franchise Fee | $40,000 | $49,500 |
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1965 | 2011 |
| Year Franchised | 1980 | 2015 |
| 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 | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| 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.
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#61 on Franchise Rankings.com
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About BODYBAR
Transform your BODY! Transform your LIFE✨ Meet us at the BAR!
Pilates-inspired classes and other fitness-related services.
The total investment necessary to begin operation of a BODYBAR Pilates
Studio is $229,375 to $389,500. This amount includes $162,125 to
$183,500 that must be paid to the franchisor or its affiliate prior to
opening.
The franchisor also offers an area development program for the establishment and operation of multiple BODYBAR Pilates Studios in a specified development area. The total investment necessary to enter into a development agreement for the right to develop three BODYBAR Pilates Studios is $304,375 and $464,500 which includes $237,125 to $258,500 that is paid to the franchisor or their affiliates prior to opening your initial Studio under the development agreement, along with the total investment necessary disclosed above to establish your initial BODYBAR Pilates Studio.
The franchisor also offers an area development program for the establishment and operation of multiple BODYBAR Pilates Studios in a specified development area. The total investment necessary to enter into a development agreement for the right to develop three BODYBAR Pilates Studios is $304,375 and $464,500 which includes $237,125 to $258,500 that is paid to the franchisor or their affiliates prior to opening your initial Studio under the development agreement, along with the total investment necessary disclosed above to establish your initial BODYBAR Pilates Studio.