Question 1

How much does it cost to open a Gold's Gym Facility franchise?

Accepted Answer

The total initial investment for a Gold's Gym Facility franchise ranges from $1.8M to $4.5M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Gold's Gym Facility franchise fee?

Accepted Answer

The initial franchise fee for Gold's Gym Facility is $40K.

Question 3

What are the net worth requirements for a Gold's Gym Facility franchise?

Accepted Answer

Net worth requirements for Gold's Gym Facility are specified in the Franchise Disclosure Document.

Question 4

Does Gold's Gym Facility require a personal guarantee?

Accepted Answer

Yes, Gold's Gym Facility requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Gold's Gym Facility franchise?

Accepted Answer

Equipment costs for a Gold's Gym Facility franchise range from $275K to $875K. Initial inventory costs range from $7K to $40K.