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Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Polestar Pilates Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $22,182,505,000,500 | $121,750 - $196,950 |
Franchise Fee | $40,000 | $24,900 |
Royalty Fee | 5% | 6% |
Advertising Fee | 2% | 1.5% |
Year Founded | 1965 | 1998 |
Year Franchised | 1980 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-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 | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Available at headquarters | On-The-Job Training: 11 hours Classroom Training: 29 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
Marketing | Co-op advertising, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
30% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
Polestar is an International authority with educators across 50 countries and education facilities in over 28 countries. Polestar has developed a low-cost, high-return business model for entrepreneurs and aspiring studio owners to meet the demands created by increasing health awareness and interests.