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Updated RecentlyGold's Gym vs Core Progression Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Core Progression 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 | $170,500 - $460,030 |
| Franchise Fee | $40,000 | $45,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 5% |
| Year Founded | 1965 | 2017 |
| Year Franchised | 1980 | 2017 |
| 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 | - | - |
| 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 Core Progression
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Combine your passion for health and fitness with financial success.
Consider business ownership with a Core Progression Elite Personal
Training franchise. Take pride in bringing personal training, wellness,
and improved quality of life to your clients. We offer opportunity,
support, low investment, minimal overhead, and achievement of your
goals.
Training options that range from one-on-one sessions to group fitness classes to event training,