Franchise Directory
Explore hundreds of top franchise opportunities
Gold's Gym
Gym and fitness center
The site of America's most famous muscle beach is the birth place of one of the world's best-known muscle makers. Gold's Gym, which first opened in Venice Beach, California in 1965, franchises more than 600 gyms in 32 countries, with franchises accounting for most of its locations. The chain boasts nearly 3 million members. In addition to opening franchises, the firm buys smaller regional health clubs and converts them to Gold's Gyms. The company also licenses the Gold's Gym name for products such as fitness equipment and accessories, luggage, t-shirts, and men's and women's sportswear. Gold's Gym is owned by TRT Holdings, the umbrella company for Dallas-based investor Robert Rowling's holdings.
Gold's Gym
125 East John Carpenter Freeway
Irving, TX 75062
214-574-4653
Fast Facts
| Year established | 1965 |
| Franchising since | 1980 |
| Can be run from home? | No |
| Number of employees needed | 28 - 30 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| % of franchisees who own multiple units | 60% |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 413 | 201 | 77 |
| 2010 | 427 | 198 | 63 |
| 2009 | 453 | 172 | 62 |
Expanding in These Locations
United States, Africa, Asia, Australia/New Zealand, Europe
Costs
| Total Investment | $531,000 - $3,892,000 |
| Franchise Fee | $25,000 |
| Royalty Fee | 2% - 5% |
Financial Requirements
| Net Worth | $1,000,000 |
| Liquid Capital | $400,000 |
Franchisee Qualifications
Prior business ownership or management experience
Experience managing 15 to 30 employees
Interested in fitness or a related health-care/wellness activity
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | Yes |
Financing Assistance
Franchisor offers veterans a 30 percent discount on the initial franchise fee for first franchise purchased
Gold's Gym
125 East John Carpenter Freeway
Irving, TX 75062
214-574-4653
Content provided by Hoovers.com
Gold's Gym International, Inc.
The site of America's most famous muscle beach is the birth place of one of the world's best-known muscle makers. Gold's Gym, which first opened in Venice Beach, California in 1965, franchises more than 600 gyms in 32 countries, with franchises accounting for most of its locations. The chain boasts nearly ...
| Company Type: | Private |
| Employees: | 2,000 |
| Executives: | James A. Snow, President and CEO;Aaron Watkins, Sr. VP of Finance & Accounting;Joel Tallman, Sr. VP Franchising and Global Operations |
| Sales: | $48,600,000 |
| Industries: | Fitness & Dance Facilities |
| See More Industries | |
| Top Competitors: | 24 Hour FitnessBally Total FitnessCurves International |
Gold's Gym
125 East John Carpenter Freeway
Irving, TX 75062
214-574-4653
