Gold's Gym vs The Camp Transformation Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs The Camp Transformation Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$22,182,505,000,500 | $175,000 - $288,500 |
Franchise Fee |
$40,000 | $40,000 |
Royalty Fee |
5% | 6% |
Advertising Fee |
2% | - |
Year Founded |
1965 | 2010 |
Year Franchised |
1980 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | Ideal franchisees showcase an unwavering desire to help people with compassion and empathy. While not necessary, an aptitude for sales is preferred along with leadership skills and a collaborative disposition. Cultivated to attract individuals or teams with an ambition to succeed, strong values and solid community connections, the franchise investment offers significant efficiencies of scale for multi-unit investors.
|
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | No/No |
Start-up Costs |
No/Yes | No/Yes |
Equipment |
No/Yes | No/Yes |
Inventory |
No/Yes | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
Training |
Available at headquarters | - |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | The Camp supports its franchisees with proven marketing, sales and operations programs, including a robust opening strategy to fill the initial signature six-week Challenge. |
Marketing |
Co-op advertising, Regional advertising | - |
Operations |
30% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | Number of employees per location: 7-10
41% of franchisees have two or more locations open |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
Yes | 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.
#61 on Franchise Rankings.com
#427 in Franchise 500 for 2020.
About The Camp Transformation Center
The Camp Transformation Center was started in 2010 by Saman Bakhtiar, Luis Font and Alejandra Font in Southern California. After finding inspiration in Sam’s personal training gym, Luis and Alejandra approached Sam about a partnership to
build a new fitness concept aimed at fostering communities and changing
attitudes.
The Camp Transformation Center was then officially
established, and as a group, Sam, Luis and Alejandra grew the brand. The
original plan was for them to continue to grow the business
as company-owned locations. However, soon after opening a number of
locations, clients began approaching them about opening their own
facility, leading the brand to franchise in February 2017. Since
franchising, the brand has more than 100 locations open or in
development and just announced a growth initiative to expand into new territories.
The Camp Transformation Center has more than 100 locations open or in development across 13 states and Mexico. Each gym employs the company’s signature Challenge, a six-week initial entry point for members, which aims to be a transformative moment in the lives of those who join and a launching pad for long-term membership. The Camp Transformation Center is known for its enthusiastic staff members, a clean environment, an open, spacious, and colorful design, nutrition and supplement plans, and fitness training that is motivating and affordable.
#387 in Franchise 500 for 2020.
#166 in Franchise 500 for 2021
.