Gold's Gym vs Tough Mudder Bootcamp Franchise Comparison

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

Start-Up Costs and Fees

 
Gold's Gym Franchise
Tough Mudder Bootcamp Franchise
Investment $22,182,505,000,500$177,700 - $560,000
Franchise Fee $40,000$40,000
Royalty Fee 5%6%
Advertising Fee 2%2%
Year Founded 19652017
Year Franchised 19802017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
Tough Mudder Bootcamp Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    Tough Mudder Bootcamp Franchise
      In-House/3rd PartyIn-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-/Yes

    Training & Support

     
    Gold's Gym Franchise
    Tough Mudder Bootcamp 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
    Tough Mudder Bootcamp Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    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 Tough Mudder Bootcamp

    "Tough

    A new team-based, functional fitness + HIIT workout, perfect for all fitness levels.
    An insanely effective workout every single time, powered by tribe, that pushes you past your limits.

    The total investment necessary to begin operation of a new area representative franchise ranges from $168,200 - $177,750. This includes $152,000 that must be paid to the franchisor or its affiliates. The investment range assumes an Initial Area Representative Fee of $10,000 multiplied by 15 Tough Mudder Bootcamp businesses (the franchisor’s current minimum) that you will agree to cause to open in your territory. If you agree to cause more than 15 Tough Mudder Bootcamp businesses to open, your investment and the amount you will pay to the franchisor will increase by $10,000 for each one over 15.

    Seeking new franchise units throughout the U.S., Canada and Europe (Eastern)