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Gold's Gym Franchise

Gold's Gym International, Inc. is an American chain of international co-ed fitness centers offering a variety of cardio and strength training equipment as well as group exercise programs.

Health and Senior Care Franchises For Sale|
California Franchises For Sale
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Highlights
Cash Required

$400,000

Min. Franchise Fee

$40,000

Total Number of Units

211

Franchising Since

1987

Corporate Headquarters

Dallas, TX

CEO Name

Danny Waggoner and Brian Warne

About Gold's Gym

Gold's Gym, the world's most iconic fitness brand, offers a commitment to bodybuilding and strength training. Founded by Joe Gold in 1965 in Venice Beach, Gold's Gym has transformed into a global franchise, providing fitness opportunities to individuals worldwide. The brand emphasizes increasing strength and performance, offering a comprehensive fitness experience, complete with a Group Exercise room, Cardio area, and optional small group training studio. Our gyms surpass any competitor in the area in terms of the amount of strength equipment per square foot.

Franchise Unit Trends & Revenue

Total Number of Units

211

New Units Opened

7

Average Unit Revenue

$1,963,000

* in 2024

Franchise Fees

Min. Franchise Fee

$40,000
Veteran's Fee: $32,000

Royalty Fee

5.0%
Gross Revenues

Ad Fund Fee

2.0%
Gross Revenues

Why Choose Gold's Gym?

Franchisees of Gold's Gym step into an established, worldwide system, backed by a robust preferred vendor program with global purchasing power. Our franchisees receive extensive support in real estate site selection, gym design, and equipment selection. Moreover, our comprehensive training, education programs, and access to an online marketing asset library and media planning tools set our franchisees up for success. We also offer ongoing field support.

Starting Costs & Investment Requirements

Total Investment

$1,478,000 - $3,647,000

Net Worth Required

-

Cash Required

$400,000

Training and Support
Financing Available

Training & Support

Gold's Gym is dedicated to providing franchisees with comprehensive training and support. Our franchisees receive digital and in-person employee training and education, along with access to an online marketing asset library and media planning tools. Our continuous franchise field support ensures our franchisees have the necessary resources and guidance to excel in their fitness business.

History

Founded in 1965 by Joe Gold, Gold's Gym has grown to be synonymous with bodybuilding and strength training. As a global fitness brand, Gold's Gym has ensured its rich history endures through the provision of top-notch fitness experiences to its members and franchisees.

Ideal Candidate

The ideal Gold's Gym franchisee is someone with a minimum net worth of $1 million and liquidity of $400,000. Such an individual should be passionate about fitness and express a desire to make a positive impact on their community. Our franchisees should be dedicated, motivated, and willing to follow our proven business models. Previous experience in the fitness industry is beneficial but not a prerequisite, as we provide all necessary training and support.

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.

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This web page is not endorsed by or affiliated with any franchisor. Product and company names are trademarks of their owners and are used for referential purposes only.

 

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