Gold's Gym vs Fit after Fifty Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
Fit after Fifty Franchise
Investment $22,182,505,000,500$39,800 - $47,200
Franchise Fee $40,000N/A
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 19652003
Year Franchised 19802004
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Gold's Gym Franchise
Fit after Fifty Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Gold's Gym Franchise
    Fit after Fifty Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Gold's Gym Franchise
    Fit after Fifty 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
    Fit after Fifty Franchise
    US Expansion --
    Canada Expansion No-
    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 Fit after Fifty

    Fit After 50 is a simple and satisfying business to own. With just a small investment it can provide a good return to the studio owner. The primary skills required to be a successful franchisee are an entrepreneurial background and the desire to have fun! You spend your days enjoying a non-stressful, healthy, social environment. You experience the rewards of witnessing improvements to your members\' health and well being. Basically, this is a "feel good, do good" business....and you\'re working for yourself!