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Updated RecentlyGold's Gym vs Physicians Weight Loss Centers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Physicians Weight Loss Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $22,182,505,000,500 | $95,643 - $173,857 |
| Franchise Fee | $40,000 | $26,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1965 | 1979 |
| Year Franchised | 1980 | 1980 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| US Expansion | - | Yes |
| 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.
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#61 on Franchise Rankings.com
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About Physicians Weight Loss Centers
We realize that not every person responds to the same diet in the same way, or loses weight at the same rate. That's why we developed six distinct and effective weight loss systems to meet different lifestyle needs. At Physicians Weightloss Centers, we take the time to teach healthy habits that will last a lifetime.
Our comprehensive approach to weight management helps individuals
learn how to make wise nutritional choices, making the transition from
weight loss program to everyday life easier.
Physicians Weightloss Centers offers everything needed to lose and keep off the extra pounds.