Gold's Gym

Health, racquet and sports club.

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.

Please Note: The operators of Gold's Gym, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Gold's Gym website.

Start-up Costs & Franchises Fees

How much does it cost to open a Gold's Gym Franchises?

Total Investment: $961,500-$3,600,000
Initial Franchise Fee: $25,000
Royalty Fee: 3%
Advertising Fee: N/A

How to contact Gold's Gym

Gold's Gym Franchising LLC
358 Hampton Dr.
Venice, CA
90291

Phone: (310)392-3005
Fax: (310)392-4680

Website: Visit Website

Gold's Gym News

Gold's Gym Announces A Pair Of Promotions In Franchise Development Department
Gold's Gym announced today the promotion of Chris Finch to Senior Director of International Franchising and Paul Summers to Senior Director of U.S. Franchising for Gold's Gym. The promotions are reflective of their high performance and business successes during their former roles as regional... more

Gold's Gym Strengthens Global Presence
Gold's Gym, the world's leading authority on health and fitness, today announced the formation of its International Franchise Council, a committee designed to provide a forum for open dialogue between and among representatives from Gold's Gym International and Gold's Gym's intern... more

Gold's Gyms Stand The Test Of Time
Gold's Gyms have been around longer than most and are the fitness centers of choice for numerous people across the country. The tradition started more than 40 years ago, when Joe Gold opened a modest fitness center in Venice Beach, Calif., and began a tradition of commitment, passion and dedication ... more

Titan Fitness Group Buys Gold's Gyms
Titan Fitness, one of the largest Gold's Gym franchisees in the U.S., bought two Gold's Gym locations in Reno and Sparks, Nev. The McLean-based fitness group now operates 16 health clubs in Nevada, North Carolina and Minnesota. Nevada is the third market the group has acquired in the past... more

Gold's Gym Hosts "Trim The Fat Friday" – Free Post-thanksgiving Workouts To Help Americans Burn-off Turkey Day Dinners
To help Americans kick off a healthy holiday season, Gold's Gym is turning Black Friday into "Trim the Fat Friday." On November 28 and continuing throughout Thanksgiving day weekend, the nation's leading fitness authority is opening its doors to the public, free-of-charge, in an effo... more
View all Gold's Gym Press Releases

Franchise History

When did the first Gold's Gym open? 1965
When did Gold's Gym start Franchising? 1980

Year U.S.A. Canada International Corporate

2005 570 11 83 39

2004 540 14 63 37

2003 504 14 49 30

2002 489 15 49 32

2001 469 12 46 18

Expansion Plans

International:

Financing Options

Expense In-House Third Party

Franchise Fee No Yes

Startup Costs No Yes

Equipment No Yes

Inventory No Yes

Accounts Receivable 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

Business Operations

30% of all franchisees own more than one unit

Absentee ownership of franchise is allowed.

Qualifications & Business Experience

Business Experience:

Industry experience
General business experience

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Legal Disclaimer: This information is not a franchise offering for Gold's Gym and should not be construed as such. TheFranchiseMall.com makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Gold's Gym franchise opportunity, review that franchise's Uniform Franchise Offering Circular (UFOC) with an attorney and accountant.