Franchise

Why Gold’s Gym?

GOLD'S ACADEMY was founded in 2002 as a solid foundation for health and fitness education standardized knowledge, techniques, and philosophy both nationally and internationally. GOLD'S ACADEMY then formed a platform driven from the elite ranks of research, coaching, sports medicine, and other branches of sports, health and fitness sciences. Most of GOLD'S ACADEMY professors and advisors are both world-class athletes and Masters or PhD’s certified, who have extraordinary academic backgrounds and practical "in-the-trenches" fitness training experience.
GOLD'S ACADEMY acts principally as a teaching institution and certification agency for professional fitness trainers, aerobics instructors, nutritional experts, physical education students, occupational therapists, athletic trainers, teachers, health club owners, and other individuals with a passion for sports, health, and fitness.
Recognized as The Middle East Leader in Fitness Certification, GOLD'S ACADEMY has succeeded in certifying hundreds of students, while hundreds more are currently working on their certifications through participating in GOLD’S ACADEMY national & international courses.


The Story Of Gold's Gym

Gold's Gym has been providing fitness results since our original location opened in 1965 in Venice, California. The premier gym for serious fitness and Southern California's fitness enthusiasts, our Venice gym quickly became known as "The Mecca of Bodybuilding" and received international acclaim in 1977 when it was featured in the movie Pumping Iron. Since our first franchised gym opened in San Francisco in 1980, Gold's Gym Franchising has been the #1 health club franchise in the world. In 1993 we reached 1 million members and less than a decade later, in 2000, we had reached more than 2 million total members. In just four amazing decades, Gold's Gym has become the largest co-ed gym chain in the world, boasting more than 700 facilities in 42 states and 29 countries. It is the gym of preference for amateur and pro athletes, fitness and beauty conscience entertainment industry professionals, and every day people committed to their health and the quality of their lives. With now more than 3 million members worldwide, Gold's Gym's unmatched experience and expertise continues to change lives by helping people from all walks of life achieve their fitness potential.

The Power of the Brand
Brand Awareness is one of any company's most important assets and certainly the strong brand awareness enjoyed by the Gold's Gym brand is a key reason to consider a franchise. Franchisees benefit from over 43 years of Gold's Gym brand recognition as the fitness industry creator and leader - it's an achievement that provides our franchise owners an instant advantage over other fitness clubs.

Gold's Gym has established worldwide recognition through millions of dollars of advertising placement, consistent P.R. exposure and strategic marketing alliances and promotions. Members trust our tradition of excellence. Our brand awareness is constantly reinforced when they see us in Hollywood and Egyptian films and TV shows like:
• Adam Sandler's The Longest Yard
• The Dr. Phil Show's official gym for the Ultimate Weight Loss Challenge
• VH1's Celebrity Fit Club
• Entourage, Wheel of Fortune, Hogan Knows Best and Extreme Home Makeover
Gold's ongoing national media exposure shows we're the multi-generational choice of celebrities, professional athletes and successful fitness enthusiasts.

What Gold's Gym Offers
The latest in:

• Nutrition Center and Guidance
• Pro Shop
• Cardio Equipment
• Group Exercise Rooms
• Child Care
• Women’s Only Area
• Pool
• Spa
• Cardio Cinema
• Personal Training
• Group Training
• Spinning
• Strength Training
• Locker Rooms
• Juice Bar
• Yoga
• Massage
• Sauna, Steam room


Why the Fitness Industry?

A “FIT” INDUSTRY
Entrepreneur magazine named the fitness category the fifth hottest franchising trend in 2005. This trend has accelerated within the $14.8 billion explosion in the health and fitness industry. Fitness franchising outpaces overall franchising among the 1,500 franchise systems in the United States - there’s plenty of market share for everyone. In fact, health club membership has grown by an average 4.6% annually in the past decade.

Working out at a health club is the #1 sports activity in the United States according to the National Sporting Goods Association. And Gold’s Gym is the #1 gym providing nearly 3 million men and women around the world and more than 30000 members in our branches in Egypt with both facilities and expertise that can change their lives through a regimented fitness routine.

The Facts
• Fitness is a $14.8 billion industry that has doubled in size in the last 10 years.
• There are 39.4 million health club members in the United States.
• There are 150,000 health club members in Egypt (Cairo)
• The U.S. is home to 23,500 health clubs and the number grows each day!
• Egypt (Cairo) is home to 1000 health clubs and number grows each day.
• Health club memberships nationwide are 48 percent male and 52 percent female.
• Personal training is the most widely used health club program.
• Cardiovascular equipment is the top area of expansion.

The Growing Need for Serious Fitness
• Obesity is a global problem that affects 300 million people worldwide.
• Approximately 15 percent of children and adolescents are overweight.
• Heart disease is the number one cause of death in American women, killing six times as many as breast cancer.
• Exercise helps prevent heart disease, diabetes, high blood pressure, stroke, arthritis, osteoporosis, insomnia and cancer.
• Exercise has been proven to reduce stress, anxiety and depression and increase energy, focus and stamina.
• People who exercise regularly are happier, healthier and live longer.
For information and research on the health and fitness industry, please visit ihrsa.org. IHRSA, The International Health Racquet & Sports club Association is the trade association for gym owners. The IHRSA website will provide you with information on all aspects of running a gym.


Why Franchise?

FRANCHISE OPPORTUNITIES
Gold's Gym has been in operation since 1965 when the first gym opened in Venice, California. In the past 43 years we've earned a reputation as the leader in fitness. Our first franchised Gold's Gym opened in San Francisco in 1980 and today, we are the #1 fitness franchise and the #1 co-ed fitness facility in the world with more than 700 locations in 42 states in 29 countries and 8 branches in Egypt.

We have become the most recognized brand in the health club industry because we have a proven business that offers franchisees first class facilities, operations training, economies of scale, award-winning marketing support and substantial tools, programs, and support to aid in enhancing all levels of your business.

We are particular about our franchisees because they all contribute to our success, one health club at a time. We are seeking only top visionaries who are committed to raising the bar in fitness.

Although only eight percent of businesses are franchises, these operations represent 40 percent of all US sales. According to market research, consumers prefer nationally recognized names 2:1 over similar entities. Not only is advertising easier and more cost-effective by aligning with a world-recognized brand, the profitability of your operation should also benefit.

We are currently in a rapid growth phase of our domestic and international franchise strategy. Area Development Agreements and individual Gold's Gym franchise locations are available in many areas of the United States.

We are also seeking qualified individuals or companies to expand with us as Master Franchisors on a worldwide basis. The purchase of a Master Franchise Agreement will allow an individual or company to successfully operate a local franchise, along with the opportunity to sell sub-franchisee within the Country. The benefits of being a Master Franchisor will enable you to extend and compliment your existing organization as well as increase sales and profitability through sub-franchise sales, and ongoing royalties. We supply our Master Franchisors all required franchise contracts, sales programs, training programs, and support to develop the Franchise Network.


Franchise Support

FRANCHISE OPPORTUNITIES
Gold's Gym has been in operation since 1965 when the first gym opened in Venice, California. In the past 43 years we've earned a reputation as the leader in fitness. Our first franchised Gold's Gym opened in San Francisco in 1980 and today, we are the #1 fitness franchise and the #1 co-ed fitness facility in the world with more than 700 locations in 42 states in 29 countries and 8 branches in Egypt.

We have become the most recognized brand in the health club industry because we have a proven business that offers franchisees first class facilities, operations training, economies of scale, award-winning marketing support and substantial tools, programs, and support to aid in enhancing all levels of your business.

We are particular about our franchisees because they all contribute to our success, one health club at a time. We are seeking only top visionaries who are committed to raising the bar in fitness.

Although only eight percent of businesses are franchises, these operations represent 40 percent of all US sales. According to market research, consumers prefer nationally recognized names 2:1 over similar entities. Not only is advertising easier and more cost-effective by aligning with a world-recognized brand, the profitability of your operation should also benefit.

We are currently in a rapid growth phase of our domestic and international franchise strategy. Area Development Agreements and individual Gold's Gym franchise locations are available in many areas of the United States.

We are also seeking qualified individuals or companies to expand with us as Master Franchisors on a worldwide basis. The purchase of a Master Franchise Agreement will allow an individual or company to successfully operate a local franchise, along with the opportunity to sell sub-franchisee within the Country. The benefits of being a Master Franchisor will enable you to extend and compliment your existing organization as well as increase sales and profitability through sub-franchise sales, and ongoing royalties. We supply our Master Franchisors all required franchise contracts, sales programs, training programs, and support to develop the Franchise Network.


Next Steps

With the high level of excitement and interest in Gold's Gym, we evaluate tenth of inquiries every month. Gold's Gym Franchising has developed a comprehensive pre-screening program that enables us to identify which potential franchisees are most likely to succeed. Our strict screening process enables us to maintain our valuable brand name and reputation as an international fitness icon.

Below we have listed the main criteria and steps required to become a franchise candidate. Please review the basic requirements if you and/or your associates want to be considered for Gold’s Gym Franchise opportunity.

FINANCIAL REQUIREMENTS
Potential franchisees must possess the capital sufficient to fund the development of a Gold's Gym facility. The minimum financial requirements for an individual or group are a net worth of $800,000 with $300,000 in cash or liquid assets.

Personal Character:
• High personal integrity
• An entrepreneurial spirit and strong desire to succeed
• Proven ability to motivate and train people
• Personal commitment to daily operations as an owner-operator, or the ability to put a qualified team in place to run operations
• Willing to complete a comprehensive training program to become proficient in all of Gold's Gym operating systems
• We appreciate your interest in Gold's Gym. If you meet the minimum requirements, please fill out the Gold's Gym Request for Consideration below. If you qualify, Gold’s Gym Franchising Representative will contact you within 48 hours to help you proceed with the next steps.
The requested information will give us an insight into your plans, business ability and expectations in becoming Gold’s Gym franchisee. It will also allow us to research available territories in or near your preferred market prior to our first conversation.


Franchise Application Request

Thank you for your interest in Gold's Gym Sub-Franchising. Simply fill out the form below to have one of our Franchise Specialists contact you regarding our franchise opportunities.

 

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