Gold's Gym vs Tutu School Franchise Comparison

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

Start-Up Costs and Fees

 
Gold's Gym Franchise
Tutu School Franchise
Investment $22,182,505,000,500$73,700 - $135,200
Franchise Fee $40,000$36,000
Royalty Fee 5%5%
Advertising Fee 2%1%
Year Founded 19652008
Year Franchised 19802012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
Tutu School Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    Tutu School 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
    Tutu School Franchise
    Training Available at headquarters On-The-Job Training: 74 hours Classroom Training: 17 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter Meetings Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
    Marketing Co-op advertising, Regional advertisingAd Templates Regional Advertising Social media Website development Email marketing
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    Number of Employees Required to Run: 2

    Expansion Plans

     
    Gold's Gym Franchise
    Tutu School Franchise
    US Expansion -Yes
    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 Tutu School

    Why buy a franchise?

    Let’s see if we can guess… You have an entrepreneurial spirit, but feel no desire to re-invent the wheel and start building a business model from scratch, right? Perfect! Purchasing a franchise business is ideal for individuals who want to be in business for themselves, but not by themselves. Becoming a franchisee balances independence with support, and compliments the freedom of ownership with the security of proven success.

    Why open a tutu school?

    Owning your own Tutu School gives you the unique opportunity to pair a thoughtful mission with an exciting brand, all wrapped up in the sweetest of packages.
     
    Tutu School is a collection of boutique-style ballet schools that cater specifically to children 18 months to 8 years-old. Our mission is simple: We believe that exposing children at the earliest possible age to creativity, movement, and classical music will only serve them well in whatever they choose to do with their lives, that dancing like swans and Sugar Plum Fairies not only exercises little bodies but also nurtures big imaginations, and that twirling should be a fundamental part of any childhood.