Gold's Gym vs Club 50 Fitness Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Club 50 Fitness Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Gold's Gym Franchise
Club 50 Fitness Centers Franchise
Investment $22,182,505,000,500$52,858 - $87,950
Franchise Fee $40,000$24,900
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 19652003
Year Franchised 19800
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Gold's Gym Franchise
Club 50 Fitness Centers Franchise
Experience
  • Industry experience
  • General business experience
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    Financing Options
     
    Gold's Gym Franchise
    Club 50 Fitness Centers 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
    Club 50 Fitness Centers Franchise
    Training Available at headquartersWe provide you with five days of comprehensive training in our business operations and procedures, including our superb exercise and fitness program. You'll learn how to use our excellent office, sales, computer software, and marketing systems. Your training will consist of both classroom and hands-on experience.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsAs a valued member of our franchise system, you'll receive outstanding business advice and support. You'll be visited, on a periodic basis, by a Club 50 Fitness field representative. And, we're always available during business hours to answer your questions and address your needs.
    Marketing Co-op advertising, Regional advertisingWe're highly experienced in marketing Club 50 Fitness to the public. We'll supply you with attractive consumer marketing and advertising materials, programs, and ideas. You'll have guidelines for the implementation of advertising and promotional materials within your market. You will also have full access to our musical image, which can be used in any marketing venue, as well as full access to our professionally produced 30 and 60 second television spots. Club 50 believes in supplying the advertising and marketing tools necessary to be successful in today's competitive business climate.
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

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    Expansion Plans
     
    Gold's Gym Franchise
    Club 50 Fitness Centers 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.

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    #427 in Franchise 500 for 2020.


    About Club 50 Fitness Centers

    TARGET THE FASTEST GROWING DEMOGRAPHIC ** 50+ BABY BOOMERS** Club 50 Fitness Provides a Complete Fitness and Nutrition Solution for Men and Women 50 and Older. Club 50 Fitness combines Cardio, Strength Training and Nutrition in a fun, easy-to-follow 30-minute workout and no-nonsense diet and nutritional program. The Club workout utilizes state-of-the-art Hydraulic Resistance Equipment in a unique and fun format that accommodates ANY level of fitness. Franchisees receive: * Comprehensive Training (Our Club 50 University is unmatched) * An Exclusive Territory (A meaningful territory that allows for growth) * Ongoing Support (We never stop assisting you) * State-of-the-art Software System (This makes running your business a snap) * Top Quality Equipment (Our adjustable, heavy-duty equipment is the best in the industry) * Professional Advertising and Marketing Materials (Preproduced TV & Radio ads, Print Materials, Promotional Items) 50+ Facts... * Seniors (50+) are the fastest growing market today, now comprising almost 40% of the U.S. adult population. * Seniors control over 70% of all disposable income with $2 trillion in spending power and more than $1 trillion of that spent on goods and services. * Seniors spend more on health and personal care than any other age group. Club 50 Fitness: * Targets fastest growing market segment * Features fitness and nutrition programs and equipment designed exclusively for 50+ adults * Targets an untapped and highly affluent demographic. (Coed Active Adults) * Includes comprehensive software that simplifies managing your business. Provides outstanding franchisee support JOIN OUR GROWING FAMILY OF FRANCHISEES!