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Gold's Gym

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1965
  • Franchising Since 1980
  • 158 US Franchises
  • $1,778,000 - $4,347,000 Investment Range
  • $1,814,743 Average Gross Revenue
  • 5% Royalty Fee
  • $40,000 Franchise Fee
Pre-qualification Amount

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Brand Description

Gold's Gym, established in 1965, stands as an iconic name in the fitness industry, renowned for its commitment to transforming lives through fitness and wellness. With a legacy spanning over five decades, Gold's Gym has evolved from its humble beginnings to become a global fitness powerhouse, setting the standard for comprehensive workout facilities.

Each Gold's Gym location offers an extensive array of state-of-the-art equipment, including premium strength training machines, free weights, and cardio equipment. Members benefit from diverse amenities such as specialized training areas, boxing facilities, group exercise studios, and dedicated spaces for functional training. The franchise is particularly noted for its welcoming atmosphere that caters to fitness enthusiasts of all levels, from beginners to advanced athletes.

What sets Gold's Gym apart is its holistic approach to fitness, combining traditional strength training with modern fitness innovations. Members have access to expert personal trainers, innovative group fitness classes, and specialized programs designed to help achieve specific fitness goals. The franchise maintains high cleanliness standards and provides additional amenities like shake bars, sauna facilities, and child care services at select locations.

The brand's commitment to member success extends beyond just equipment and facilities. Gold's Gym creates a supportive community environment where members feel motivated and encouraged in their fitness journey. With experienced staff, knowledgeable trainers, and a culture focused on helping members achieve their personal best, Gold's Gym continues to be a leader in the fitness industry, helping countless individuals transform their lives through health and wellness.

DID YOU KNOW?

How much does it cost to start a franchise with Gold's Gym?

$1,778,000
$4,347,000
Starting your own Gold's Gym franchise - the iconic fitness brand where legends like Arnold Schwarzenegger built their physiques - requires a total investment between $1,778,000 and $4,347,000, which covers everything from the $40,000 franchise fee to premium equipment, buildout costs, and working capital needed to launch your muscle-building empire.
Financial Summary
Franchise Fee
$40,000
Investment Range
$1,778,000 - $4,347,000
Investment Midpoint
$3,062,500
Minimum Cash Required
$1,778,000
Royalty Fees
5%
Brand Fund
2%
Brand Bragging Rights
59 years of fitness industry experience since 1965
210 established franchise locations nationwide
Venice Beach bodybuilding heritage and legacy
Revenue performance 4x above fitness center industry average
Comprehensive training systems and premium equipment offerings
Premium market positioning with proven operational track record
Financial Analysis
Gold's Gym requires a substantial investment ranging from $1,778,000 to $4,347,000, positioning it as a premium franchise opportunity in the fitness sector. This investment significantly exceeds the fitness center sub-sector averages of $481,378 to $1,330,837, reflecting the brand's comprehensive facility requirements including extensive equipment, larger footprints, and premium buildout specifications. The reported gross revenue of $1,814,743 substantially outpaces the sub-sector average of $455,406, indicating stronger revenue generation potential relative to investment scale.

The fitness industry benefits from favorable demographic trends, with increasing health consciousness and wellness spending driving sustained demand. Gold's Gym's 59-year operational history since 1965 and 210 domestic units demonstrate proven system maturity and established brand recognition. This extensive track record provides operational stability and established infrastructure support for franchisees.

The high investment threshold requires well-capitalized investors with substantial liquid capital and net worth qualifications that should be confirmed through official franchise documentation. Prospective franchisees should expect complex operational requirements including equipment maintenance, staffing management, and facility oversight. The premium positioning may limit market penetration in certain demographics but offers strong brand equity in target markets.

Ideal investors possess fitness industry experience, multi-unit operational capabilities, and access to $2-4+ million in capital. Territory exclusivity terms and specific facility requirements should be verified through current FDD review. Multi-unit development opportunities exist given the brand's expansion focus and established operational systems.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Gold's Gym. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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FranFund

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CRF USA

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First Bank of the Lake

Financing Partner

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Golden Capital Solutions

Financing Partner

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Location Analysis
Gold's Gym demonstrates widespread coverage across multiple states with significant market presence, showing particular density in the Mid-Atlantic region. Virginia, Texas, and Maryland represent the brand's strongest markets, indicating successful market penetration in these areas. The franchise's 4.05 average rating across numerous customer reviews suggests consistent service quality and strong brand recognition.

The notable concentration in Virginia-Maryland-Texas markets reveals a strategic focus on metropolitan areas with high disposable income and fitness-conscious demographics. The brand maintains a solid presence in California, tapping into the wellness-focused West Coast market, while showing steady development in North Carolina, indicating room for growth in the Southeast. The franchise shows particular success in areas with young professionals and health-conscious communities.

Expansion opportunities exist in underserved regions, particularly in the Midwest and Northeast, where fitness center demand remains strong. Ideal locations typically feature proximity to residential areas with median household incomes above $75,000, strong daytime population, and limited competition from boutique fitness concepts. The brand's established presence in major markets provides competitive advantages through economies of scale and brand recognition, though saturated markets may require careful site selection to maintain performance metrics.
Total US Locations210
Open Franchises158
Corporate Locations52
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Gold's Gym. Learn about the experience and expertise of the executive team guiding Gold's Gym's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Gold's Gym. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Gold's Gym's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Gold's Gym's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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