Mr. Souvlaki vs Gold's Gym Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Souvlaki Franchise
Gold's Gym Franchise
Investment $175,000 - $500,000$22,182,505,000,500
Franchise Fee $30,000 - $40,000$40,000
Royalty Fee -5%
Advertising Fee -2%
Year Founded 01965
Year Franchised 01980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Mr. Souvlaki Franchise
Gold's Gym Franchise
Experience -
  • Industry experience
  • General business experience
    		•

    Financing Options
     
    Mr. Souvlaki Franchise
    Gold's Gym Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Mr. Souvlaki Franchise
    Gold's Gym 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
     
    Mr. Souvlaki Franchise
    Gold's Gym Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion NoYes

    Company Overviews

    About Mr. Souvlaki

    Mr. Souvlaki is keeping on developing in the eatery administrations industry, and we are searching for committed establishment proprietors who are eager and enthusiastic about Greek sustenance to join our group.

    To end up distinctly an establishment proprietor, there will be a 3-organize meeting and examination handle. Applicants will be chosen in view of the accompanying criteria: business insight and experience, money related practicality, character and state of mind, compelling learning and interchanges aptitudes, and that's only the tip of the iceberg.

    Owning an establishment implies you are good to go for yourself yet not independent from anyone else.
    A Mr. Souvlaki establishment proprietor will profit by the mastery of our exceptionally experienced experts who will give persistent support in the accompanying ranges:

    Creating formulas

    Preparing and operations bolster

    Acquiring power

    Built up promoting and showcasing systems.

    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.