| ||||
Updated RecentlyGold's Gym vs The Exercise Coach Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs The Exercise Coach including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $22,182,505,000,500 | $119,330 - $332,257 |
| Franchise Fee | $40,000 | $49,500 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1965 | 2000 |
| Year Franchised | 1980 | 2010 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
#61 on Franchise Rankings.com
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About The Exercise Coach
!["The]("https://i.pinimg.com/280x280_RS/ce/e7/86/cee7864d160398ee05bbbbfcb963871b.jpg")
Brian Cygan, a former strength and conditioning coach for Northern
Illinois University, founded The Exercise Coach on his belief in the
effectiveness of brief, focused exercise for fitness and fat loss.
Clients exercise for just 20 minutes twice a week, in one-on-one,
partner or small-group personal training sessions.
#161 in Franchise 500 for 2021. Not in Franchise 500 for 2020.