Gold's Gym vs HIT Center, The Franchise Comparison

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

Start-Up Costs and Fees

 
Gold's Gym Franchise
HIT Center, The Franchise
Investment $22,182,505,000,500$500,000
Franchise Fee $40,000$40,000
Royalty Fee 5%5%
Advertising Fee 2%-
Year Founded 19652000
Year Franchised 19802003
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
HIT Center, The Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    HIT Center, The 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
    HIT Center, The 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
    HIT Center, The Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    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 HIT Center, The

    High Intensity Training Centers (HIT Centers) is a new and unique fitness franchise opportunity offering sports performance enhancement and weight loss using several high intensity training programs. HIT stands for High Intensity Training.

    The tried and true scientific principles of human physiology, neurology, kinesiology, and mycology fill scientific journals and have been studied by countless researchers for many decades. Application of these principles to human performance has received limited attention and no comprehensive, consolidated and integrated strategy until now.

    The first HIT Center was opened in 2000 by Dr. Terry Shepherd, a nationally known exercise physiologist. The HIT Centers apply pure scientific principals of human physiology to sports and fitness, offering our clients state-of-the-art training and exercise protocols designed to maximize the body's potential. Our centers provide a model delivery system for sports performance enhancement, fitness, sports vision training, and weight loss in a scientifically designed exercise environment. Endorsed by NFL and MLB players and agents, our fitness and sports enhancement programs are unmatched in the industry.

    As a HIT Centers franchisee, you will offer the most comprehensive human performance and fitness programs available. Our franchises are the most scientifically sound and technologically superior facilities in the industry.

    All HIT Centers provide the following high intensity training programs:

     Speed-Up - An athletic development/sports enhancement program for athletes of all ages and sports. Lighten-Up - A weight loss program for adults and children. HIT FIT - A high-level human performance/fitness program for general health and recreational athletes. Eyemetrix - A visual training program for all athletes.

    Headquartered in Dublin, Ohio, HIT Centers Inc. offers what no other company offers, combined programs in sports enhancement, fitness, weight loss, human performance, and visual training in a scientifically designed exercise environment.