Gold's Gym vs Thrive Active Fitness Clubs Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
Thrive Active Fitness Clubs Franchise
Investment $22,182,505,000,500$140,000 - $750,000
Franchise Fee $40,000$40,000
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
Thrive Active Fitness Clubs Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Gold's Gym Franchise
    Thrive Active Fitness Clubs 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
    Thrive Active Fitness Clubs 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
    Thrive Active Fitness Clubs 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 Thrive Active Fitness Clubs

    Considering all of the endeavors you could pursue in your life, why not set your personal, business and financial goals to align with a philosophy of health, happiness and prosperity? With Thrive Active Fitness Clubs, you can do just that! The fulfilling experience of being a part of our completely integrated franchise model is only surpassed by knowing that you are making a positive difference in the lives of your club members. And how are you accomplishing that? Simple - by offering certified personal training in the areas of nutrition and exercise through our Thrive Biophase Training Systems. This element of the business becomes your sustainable competitive advantage and is generated month in, month out through our frequent, consistent and strategic print marketing program. Service is built right into our franchise model, not an extra-cost add-on! So, from the first step of business planning, to build-out, grand opening and start-up, continuing on through club operations, our franchisees receive a high level of support month after month, year after year. Our franchise development team is focused on your success every step of the way. Read on to see why you too should choose Thrive Active Fitness Clubs as the fitness franchise within your portfolio. Contact Us at your convenience. We stand ready to help you determine if a franchise with Thrive Active Fitness Clubs is right for you.