|
Below is an in-depth analysis and side-by-side comparison of World Gym International vs Hungry Heart including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $852,000 - $2,975,000 | $43,000 - $57,000 |
Franchise Fee | $25,000 | $24,500 |
Royalty Fee | $1,000/mo. | 6% |
Advertising Fee | included | - |
Year Founded | 1976 | 1996 |
Year Franchised | 1982 | 2006 |
Term Of Agreement | - | 7 years |
Term Of Agreement | - | 7 years |
Renewal Fee | - | $500 |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | No/No |
Start-up Costs | -/- | No/No |
Equipment | -/Yes | No/No |
Inventory | -/- | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
||
Training | On-The-Job Training: 7 days Classroom Training: 5 days | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | - |
Marketing | Co-op Advertising Ad Templates | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.
By the time many of our clients have reached The Hungry Heart, they feel like they have tried everything and they’ve had it. The same behaviors that drive us to be successful in parts of our
personal and professional life also lead us to having problems with
food. Why? When there is a problem we will give 150% to resolve it. If
we don’t know how to fix it and don’t accept that we can’t resolve it on
our own, we feel frustrated and stuck. When we feel stuck, we will
often use food to temporarily block out the pain and frustration of not
knowing how to fix the situation. As long as we need food to help us deal with what is emotionally
going on in our lives, it doesn’t matter what diet or program we try
because eventually we will go back to the food. We have to learn to
process our feelings and emotions so we don’t turn to food and use it as
a tool to deal with what is going on in our lives.