Gold's Gym vs Jenny Craig Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
Jenny Craig Franchise
Investment $22,182,505,000,500$122,600 - $301,500
Franchise Fee $40,000$25,000
Royalty Fee 5%4-7%
Advertising Fee 2%-
Year Founded 19651983
Year Franchised 19801987
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -50% of then-current fee


Business Experience Requirements
 
Gold's Gym Franchise
Jenny Craig Franchise
Experience
  • Industry experience
  • General business experience

  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Gold's Gym Franchise
    Jenny Craig Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Gold's Gym Franchise
    Jenny Craig Franchise
    Training Available at headquarters-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op advertising, Regional advertisingAd slicks, National media
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    		 70% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Gold's Gym Franchise
    Jenny Craig Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    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 Jenny Craig

    For over 20 years, Jenny Craig has been helping people live healthier, happier lives through weight management. As one of the leading weight- management service companies in the world, Jenny Craig not only offers franchisees strong financial potential, but also provides you with an opportunity to make a significant positive impact on the lives of your clients and the health of our nation.