Gold's Gym vs LA Weight Loss Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs LA Weight Loss Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Gold's Gym LA Weight Loss Centers
Investment 22200000000000 - 5000500 67200 - 120400
Franchise Fee 0
Royalty Fee 5% 7%
Advertising Fee 2%
Year Founded 1965 1989
Year Franchised 1980 1998
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Gold's Gym LA Weight Loss Centers
Experience Industry experience General business experience

Financing Options
  Gold's Gym LA Weight Loss Centers
 
Franchise Fees No Yes
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support
  Gold's Gym LA Weight Loss Centers
Training Available at headquarters
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations Meetings, Toll-free phone line, Grand opening, Field operations/evaluations
Marketing Co-op advertising, Regional advertising Ad slicks, National media, Regional advertising
Operations 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed.

Expansion Plans
  Gold's Gym LA Weight Loss Centers
US Expansion Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Gold's Gym
LA Weight Loss Centers
Franchise Fee
Gold's Gym
LA Weight Loss Centers
Royalty Fee
Gold's Gym 5%
LA Weight Loss Centers 7%
Advertising Fee
Gold's Gym 2%
LA Weight Loss Centers
Year Founded
Gold's Gym 1965
LA Weight Loss Centers 1989
Year Franchised
Gold's Gym 1980
LA Weight Loss Centers 1998
Term Of Agreement
Gold's Gym
LA Weight Loss Centers 10 years
Renewal Fee
Gold's Gym
LA Weight Loss Centers


Business Experience Requirements
Experience
Gold's Gym Industry experience General business experience
LA Weight Loss Centers

Financing Options
 
Franchise Fees
Gold's Gym No
LA Weight Loss Centers No
Start-up Costs
Gold's Gym
LA Weight Loss Centers
Equipment
Gold's Gym}
LA Weight Loss Centers
Inventory
Gold's Gym
LA Weight Loss Centers
Receivables
Gold's Gym
LA Weight Loss Centers
Payroll
Gold's Gym
LA Weight Loss Centers

Training & Support
Training
Gold's Gym Available at headquarters
LA Weight Loss Centers
Support
Gold's Gym Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
LA Weight Loss Centers Meetings, Toll-free phone line, Grand opening, Field operations/evaluations
Marketing
Gold's Gym Co-op advertising, Regional advertising
LA Weight Loss Centers Ad slicks, National media, Regional advertising
Operations
Gold's Gym 30% of all franchisees own more than one unit Absentee ownership of franchise is allowed.
LA Weight Loss Centers

Expansion Plans
US Expansion
Gold's Gym
LA Weight Loss Centers Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Canada Expansion
Gold's Gym
LA Weight Loss Centers 0
International Expansion
Gold's Gym
LA Weight Loss Centers