Gold's Gym vs OrangeTheory Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
OrangeTheory Fitness Franchise
Investment $22,182,505,000,500$608,172 - $1,800,322
Franchise Fee $40,000$59,500
Royalty Fee 5%8%
Advertising Fee 2%2%
Year Founded 19652010
Year Franchised 19802010
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --


Business Experience Requirements
 
Gold's Gym Franchise
OrangeTheory Fitness Franchise
Experience
  • Industry experience
  • General business experience
    		• $150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor

    Financing Options
     
    Gold's Gym Franchise
    OrangeTheory Fitness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Gold's Gym Franchise
    OrangeTheory Fitness Franchise
    Training Available at headquartersOn-The-Job Training: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learning
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Regional advertising

    Co-op advertising, Ad slicks, Regional advertising
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    		Manual provided Number of Employees Required to Run: 8 - 11

    Expansion Plans
     
    Gold's Gym Franchise
    OrangeTheory Fitness Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion YesYes

    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 OrangeTheory Fitness

    Orangetheory Fitness is an exciting new fitness concept like no other that is sweeping the nation. Hailed by the New York Times as an effective new plateau-busting workout, Orangetheory Fitness leverages heart-rate-monitored interval exercise and group personal training to maximize calorie burn. In less than a year after opening the first Orangetheory Fitness studio in Ft. Lauderdale in March 2010, the franchise grew to 38 locations - and counting.
    Orangetheory Fitness offers:
    *Specialized group personal training sessions to mid- and high-income consumers
    *Studio will drive substantial unique consumers to the retail location every month
    *Best one-hour workout in the country
    *Affordable group personal training
    *55 classes per week at all levels
    *Experienced, successful franchise company & management team

    This is your opportunity to be a small business owner. When you open an Orangetheory Fitness franchise, you gain a support network of other franchisees, a branding plan for your business, and cooperative advertising.

    "Top  ""
    #95 in Canada's Top franchises.
    #43 in Franchise 500 for 2020.