Gold's Gym vs Prime I.V. Hydration & Wellness Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
Prime I.V. Hydration & Wellness Franchise
Investment $22,182,505,000,500$157,902 - $339,402
Franchise Fee $40,000$45,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 19652020
Year Franchised 19802020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Gold's Gym Franchise
Prime I.V. Hydration & Wellness Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Gold's Gym Franchise
    Prime I.V. Hydration & Wellness 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
    Prime I.V. Hydration & Wellness 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
    Prime I.V. Hydration & Wellness 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 Prime I.V. Hydration & Wellness

    Prime offers a disruptive healthcare solution to a problem where only 8-10% of oral consumption gets to tissues that need nutrients
    • Proven franchise system to grow a customer base quickly
    • Innovative model where IV drips deliver essential vitamins, minerals, amino acids & antioxidants directly to the body for 100% absorption
    • Be a part of the $3 trillion global wellness industry
    • Administer groundbreaking protocols to stimulate the immune system and overall health
    • Access a proprietary social media marketing system
    • Hands-on and online continuing education curriculum
    • Experience training from medical professionals
    • Benefit from a lucrative membership model to enhance revenue
    • Business is thriving after Covid-19

    ""