Start-Up Costs and Fees |
||
| Gold's Gym | Eat the Frog Fitness | |
| Investment | 22200000000000 - 5000500 | 522000 - 706500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1965 | 2015 |
| Year Franchised | 1980 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Gold's Gym | Eat the Frog Fitness | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Gold's Gym | Eat the Frog Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Gold's Gym | Eat the Frog Fitness | |
| Training | Available at headquarters | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. | Number of Employees Required to Run: 6 |
Expansion Plans |
||
| Gold's Gym | Eat the Frog Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Gold's Gym | |
| Eat the Frog Fitness | |
| Franchise Fee | |
| Gold's Gym | |
| Eat the Frog Fitness | |
| Royalty Fee | |
| Gold's Gym | 5% |
| Eat the Frog Fitness | 7% |
| Advertising Fee | |
| Gold's Gym | 2% |
| Eat the Frog Fitness | 1% |
| Year Founded | |
| Gold's Gym | 1965 |
| Eat the Frog Fitness | 2015 |
| Year Franchised | |
| Gold's Gym | 1980 |
| Eat the Frog Fitness | 2016 |
| Term Of Agreement | |
| Gold's Gym | |
| Eat the Frog Fitness | |
| Renewal Fee | |
| Gold's Gym | |
| Eat the Frog Fitness | |
Business Experience Requirements |
|
| Experience | |
| Gold's Gym | Industry experience General business experience |
| Eat the Frog Fitness | |
Financing Options |
|
| Franchise Fees | |
| Gold's Gym | No |
| Eat the Frog Fitness | No |
| Start-up Costs | |
| Gold's Gym | |
| Eat the Frog Fitness | |
| Equipment | |
| Gold's Gym} | |
| Eat the Frog Fitness | |
| Inventory | |
| Gold's Gym | |
| Eat the Frog Fitness | |
| Receivables | |
| Gold's Gym | |
| Eat the Frog Fitness | |
| Payroll | |
| Gold's Gym | |
| Eat the Frog Fitness | |
Training & Support |
|
| Training | |
| Gold's Gym | Available at headquarters |
| Eat the Frog Fitness | On-The-Job Training: 68 hours Classroom Training: 20 hours Additional Training: As needed |
| Support | |
| Gold's Gym | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Eat the Frog Fitness | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Gold's Gym | Co-op advertising, Regional advertising |
| Eat the Frog Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Gold's Gym | 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed. |
| Eat the Frog Fitness | Number of Employees Required to Run: 6 |
Expansion Plans |
|
| US Expansion | |
| Gold's Gym | |
| Eat the Frog Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Gold's Gym | |
| Eat the Frog Fitness | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Gold's Gym | |
| Eat the Frog Fitness | |