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Updated RecentlyGold's Gym vs U Weight Loss Clinics Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs U Weight Loss Clinics 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 | $100,000 - And Up |
| Franchise Fee | $40,000 | $30,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1965 | 2007 |
| Year Franchised | 1980 | 2007 |
| 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 | Yes |
| 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 U Weight Loss Clinics
Our goal is to build world class weight loss clinics and allow our partners to achieve their financial goals.
Our 5 key components are:
- Luxurious and elegantly designed clinics;
- Doctor formulated programs;
- Cutting edge software;
- Award Winning supplements;
- Second to none - ongoing training and support.
If you're looking for a franchise that helps you achieve your business goals while supporting your customers in reaching their own goals for life, don't look any further! You've found U WEIGHT LOSS!