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Updated RecentlyGold's Gym vs Journey 333 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Journey 333 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 | $83,500 - $245,000 |
| Franchise Fee | $40,000 | $30,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1965 | 2018 |
| Year Franchised | 1980 | 2018 |
| 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 | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| 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.
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#61 on Franchise Rankings.com
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About Journey 333
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Operate a Journey 333® Fitness training facility with a focus on group personal coaching using the Journey 333 business system.
The total investment necessary to begin operation of Journey 333 Fitness
franchise is $83,500 to $245,000. This includes $30,000 that must be
paid to the franchisor or an affiliate.
The franchisor offers qualified individuals the right to own and operate multiple facilities in a designated development area by entering into an Area Development Agreement (ADA). The total initial investment necessary to begin operating under the ADA will vary depending on the number of Facilities to be opened in your designated development area. The development fee due under the ADA is equal to $30,000 multiplied by the number of Facilities you commit to opening under the ADA.
The franchisor offers qualified individuals the right to own and operate multiple facilities in a designated development area by entering into an Area Development Agreement (ADA). The total initial investment necessary to begin operating under the ADA will vary depending on the number of Facilities to be opened in your designated development area. The development fee due under the ADA is equal to $30,000 multiplied by the number of Facilities you commit to opening under the ADA.