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 |
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 |
1965 | 2017 |
Year Franchised |
1980 | 2017 |
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 | -/Yes |
Equipment |
No/Yes | -/Yes |
Inventory |
No/Yes | -/Yes |
Receivables |
No/No | -/Yes |
Payroll |
No/No | -/Yes |
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 | Yes |
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 Tough Mudder Bootcamp
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)