Gold's Gym vs Orange Shoe Personal Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Gold's Gym Franchise
Orange Shoe Personal Fitness Franchise
Investment $22,182,505,000,500$96,600 - $325,000
Franchise Fee $40,000$29,000
Royalty Fee 5%6%
Advertising Fee 2%-
Year Founded 19652007
Year Franchised 19802009
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
Orange Shoe Personal Fitness Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    Orange Shoe Personal Fitness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Gold's Gym Franchise
    Orange Shoe Personal Fitness Franchise
    Training Available at headquartersAvailable at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations
    Marketing Co-op advertising, Regional advertisingCo-op advertising Ad slicks
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators).

    Expansion Plans

     
    Gold's Gym Franchise
    Orange Shoe Personal Fitness Franchise
    US Expansion --
    Canada Expansion NoYes
    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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    #427 in Franchise 500 for 2020.


    About Orange Shoe Personal Fitness

    Orange Shoe Personal Fitness is a niche franchise opportunity in a $20 billion market. The Orange Shoe Personal Fitness mission is to help people do everything better while building long-term relationships and having fun. We are looking for individuals who have similar aspirations in their next big step or business venture to join our team. The personal fitness industry is rapidly growing in popularity across the country, and we position our brand by creating a clear, competitive difference in a market filled with "one-size-fits-all" health clubs. As a result, Orange Shoe franchise owners are reaping the rewards.
    What's the Orange Shoe difference? We do personal fitness better than anyone in the industry. As life changes for each of our clients, we adjust their program to fit their needs accordingly. This makes Orange Shoe unlike any other personal fitness franchise in the country. We have a proven model of success. Just ask our existing owners. Our systems are easy to understand, and operate, and we merge curriculum with career to advance your life. We bring systems in-house to advance staff and keep our product delivery consistent. We believe you should never go through big life changes alone. That is why we offer you continued franchise support beyond your studio opening. Unlike franchises that only offer resources up to opening day, Orange Shoe is here for you as a resource throughout your franchise ownership. Orange Shoe has an established and respected brand equity. There is less risk in an Orange Shoe franchise ownership compared to independent business ownership. Ninety-eight percent of franchisees are still in business 10 years after opening day while only two-thirds of small business make it past the first two years of ownership. At your studio, clients won't feel that static, uninspired feeling they know so well at health clubs... and neither will you. And because our approach is designed to deliver the specific health needs of our clients, we can charge a premium price for our expert training services. The opportunity is clear. Learn more about how we can help you succeed in owning and operating an Orange Shoe Personal Fitness franchise of your own.

    The total initial investment necessary to begin operation of an Orange Shoe Personal Fitness franchise is from $98,600 to $325,000. This includes between $41,000 and $44,000 that must be paid to the franchisor. If you sign an Area Development Agreement, the total initial investment necessary is between $76,600 and $302,200 for each Orange Shoe Personal Fitness Studio. This includes an additional $20,000 for the Development Fee that must be paid to the franchisor for each additional Studio.