Gold's Gym vs Koko FitClub Franchise Comparison

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

Start-Up Costs and Fees

 
Gold's Gym Franchise
Koko FitClub Franchise
Investment $22,182,505,000,500$185,260 - $396,312
Franchise Fee $40,000$39,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 1965-
Year Franchised 1980-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
Koko FitClub Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    Koko FitClub 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
    Koko FitClub 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
    Koko FitClub 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 Koko FitClub

    The right idea... ...at just the right time. The $60B worldwide fitness industry is a proven, recession-proof industry. With Koko FitClub, you can be part of this growing industry with a competitive edge no other health club can match. # Unbeatable marketing advantage: Unlimited monthly personal training for a price that’s less than what typical clubs charge for just one session. Koko makes it easy to attract and retain members. # Unmatched technology and cost advantage: Our exclusive Koko Smartraining System not only delivers a premium service, it replaces expensive staff and reduces operating expenses too. # Simple to operate: No long hours, no special skills needed, no big overhead or staff to manage. # Affordable to open: Low start-up costs and readily available financing. To learn more, complete an information request form or call 1-877-KOKOFIT to see if there's a Koko FitClub franchise opportunity available in your area.
    Koko FitClub is the alternative to traditional fitness. We've combined patented technology and individualized coaching to create a proven training system that customizes each workout, reshapes your body, and coaches you every step of the way.