Start-Up Costs and Fees |
||
| Crunch Fitness | Gold's Gym | |
| Investment | 255500 - 2320500 | 22200000000000 - 5000500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1989 | 1965 |
| Year Franchised | 2010 | 1980 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Crunch Fitness | Gold's Gym | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Crunch Fitness | Gold's Gym | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Crunch Fitness | Gold's Gym | |
| Training | On-The-Job Training: 40 hours Classroom Training: 16 hours | Available at headquarters |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Regional advertising |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| Crunch Fitness | Gold's Gym | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Crunch Fitness | |
| Gold's Gym | |
| Franchise Fee | |
| Crunch Fitness | |
| Gold's Gym | |
| Royalty Fee | |
| Crunch Fitness | 5% |
| Gold's Gym | 5% |
| Advertising Fee | |
| Crunch Fitness | 2% |
| Gold's Gym | 2% |
| Year Founded | |
| Crunch Fitness | 1989 |
| Gold's Gym | 1965 |
| Year Franchised | |
| Crunch Fitness | 2010 |
| Gold's Gym | 1980 |
| Term Of Agreement | |
| Crunch Fitness | 10 years |
| Gold's Gym | |
| Renewal Fee | |
| Crunch Fitness | |
| Gold's Gym | |
Business Experience Requirements |
|
| Experience | |
| Crunch Fitness | |
| Gold's Gym | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Crunch Fitness | Yes |
| Gold's Gym | Yes |
| Start-up Costs | |
| Crunch Fitness | |
| Gold's Gym | |
| Equipment | |
| Crunch Fitness} | |
| Gold's Gym | |
| Inventory | |
| Crunch Fitness | |
| Gold's Gym | |
| Receivables | |
| Crunch Fitness | |
| Gold's Gym | |
| Payroll | |
| Crunch Fitness | |
| Gold's Gym | |
Training & Support |
|
| Training | |
| Crunch Fitness | On-The-Job Training: 40 hours Classroom Training: 16 hours |
| Gold's Gym | Available at headquarters |
| Support | |
| Crunch Fitness | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Gold's Gym | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | |
| Crunch Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Gold's Gym | Co-op advertising, Regional advertising |
| Operations | |
| Crunch Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
| Gold's Gym | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Crunch Fitness | |
| Gold's Gym | |
| Canada Expansion | |
| Crunch Fitness | |
| Gold's Gym | |
| International Expansion | |
| Crunch Fitness | |
| Gold's Gym | |