Gold's Gym vs World Gym International Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
World Gym International Franchise
Investment $22,182,505,000,500$852,000 - $2,975,000
Franchise Fee $40,000$25,000
Royalty Fee 5%$1,000/mo.
Advertising Fee 2%included
Year Founded 19651976
Year Franchised 19801982
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Gold's Gym Franchise
World Gym International Franchise
Experience
  • Industry experience
  • General business experience
    		• -

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

    Training & Support
     
    Gold's Gym Franchise
    World Gym International Franchise
    Training Available at headquartersOn-The-Job Training: 7 days Classroom Training: 5 days
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Co-op advertising, Regional advertisingCo-op Advertising Ad Templates
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    		Absentee Ownership Allowed

    Number of Employees Required to Run: 15

    Expansion Plans
     
    Gold's Gym Franchise
    World Gym International Franchise
    US Expansion -Yes
    Canada Expansion No-
    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 World Gym International

    With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
    World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.