Gold's Gym vs OsteoStrong Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs OsteoStrong including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$22,182,505,000,500 | $350,780 - $660,750 |
Franchise Fee |
$40,000 | $19,000 |
Royalty Fee |
5% | - |
Advertising Fee |
2% | - |
Year Founded |
1965 | 2012 |
Year Franchised |
1980 | 2012 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | - |
Financing Options |
|
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 |
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 |
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.
#61 on Franchise Rankings.com
#427 in Franchise 500 for 2020.
About OsteoStrong
OsteoStrong experience helps to improve different aspects of your health including posture, strength and agility.
OsteoStrong offers an
exceptional business opportunity. As you explore the OsteoStrong
franchise system, we believe that you will conclude that this is the
best small business investment decision you can make for your
future. Our technology is unique, our marketing channels are
unparalleled, and our market is truly global in reach and local in
impact.
Unlike many other franchise
opportunities out there, OsteoStrong is committed to providing our
franchisees with the highest degree of support, at an operational tempo
that surpasses all others.
From the beginning of the process
to the day you open your location and beyond our team is dedicated to
helping you every step along the way. You’ll be amazed at the care and
attention you receive in the area of training and operational support!
#157 in Franchise 500 for 2021 Not in Franchise 500 for 2020