Gold's Gym vs AKT Franchise Comparison

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

Start-Up Costs and Fees
 
Gold's Gym Franchise
AKT Franchise
Investment $22,182,505,000,500$341,200 - $529,900
Franchise Fee $40,000$60,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 19652018
Year Franchised 19802018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Gold's Gym Franchise
AKT Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Gold's Gym Franchise
    AKT 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
    AKT 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
    AKT Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    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 AKT

    "AKT
    AKT is a dance-based cardio concept, offering a unique combination of four modalities: toning, interval, circuit and dance. With new original programming created every 3 weeks and the belief that movement has a powerful, lasting impact, AKT is for all body types and fitness levels. With this positivity and a combination of personal training and movement-based technique, AKT empowers members across the country to become stronger in their bodies, minds and communities - and they have fun doing it!

    With a proven concept in one of the most competitive markets, AKT has extensive market potential - be the first to bring AKT's unique workout to your local market!
    AKT has the brand strength and proven franchise model to deliver excellent profit potential. International & U.S. markets are available for multi-unit and single-unit investors. Don’t miss the opportunity to own your local market!