Gold's Gym vs Tapout Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Gold's Gym Franchise
Tapout Fitness Franchise
Investment $22,182,505,000,500$158,410 - $736,491
Franchise Fee $40,000$45,000 - $50,000
Royalty Fee 5%6%
Advertising Fee 2%-
Year Founded 19652014
Year Franchised 19802015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
Tapout Fitness Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    Tapout 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
    Tapout Fitness Franchise
    Training Available at headquarters On-The-Job Training: 20 hours Classroom Training: 38 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Regional advertisingCo-op Advertising Ad Templates Social media SEO Website development Email marketing
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    Gold's Gym Franchise
    Tapout Fitness Franchise
    US Expansion -Yes
    Canada Expansion No-
    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 Tapout Fitness

    A Dynamic Combination that Adds Up to Success.
    • World-Class Brand
    • Industry-Leading Management Team
    • Capitalizes on General Fitness
      & Martial Arts Markets
    • Multiple Recurring Revenue Streams
    • Ideal Studio Design
    • Comprehensive Marketing Support
    • Progressive Approach for Kids & Adults Increases Retention
    • Extensive Operational Training & Support
    • Attractive Investment Return

    Veteran Incentives  $5,000 off franchise fee
    "Entrepreneur
    #408 in Franchise 500 for 2020.
    #259 in Franchise 500 for 2021.