Gold's Gym vs Tiger-Rock Martial Arts Franchise Comparison

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

Start-Up Costs and Fees

 
Gold's Gym Franchise
Tiger-Rock Martial Arts Franchise
Investment $22,182,505,000,500$133,600 - $270,700
Franchise Fee $40,000$25,000
Royalty Fee 5%$3.50/student/mo.
Advertising Fee 2%-
Year Founded 19651983
Year Franchised 19802008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
Tiger-Rock Martial Arts Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    Tiger-Rock Martial Arts 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
    Tiger-Rock Martial Arts Franchise
    Training Available at headquarters-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Regional advertising-
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    -

    Expansion Plans

     
    Gold's Gym Franchise
    Tiger-Rock Martial Arts 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 Tiger-Rock Martial Arts

    "Tiger-Rock

    In 1983, a group of martial-arts-school owners came together and formed the International Taekwondo Alliance to provide curriculum and operational support to others interested in opening schools in their own communities. The International Taekwondo Alliance was converted into a franchise program in 2008, under the new name Tiger-Rock Martial Arts. Franchises offer martial arts and fitness programs for children and adults.

    The total investment necessary to begin operation of a Franchised Location is from $133,600 to $270,700. This includes $8,000 to $27,500 that must be paid to the franchisor or their affiliates.
    The total investment necessary to enter into a Development Agreement is $23,500 to $48,000, for the right to develop 3 to 6 Franchised Locations. This includes $7,500 for each Franchised Location you agree to establish under the Development Agreement. For example, $22,500 to $45,000 must be paid to the franchisor or affiliate for the right to develop 3 to 6 Franchised Locations.