Gold’s Gym is more than a brand, it’s a world-recognized fitness name with a solid reputation in the scene of health and fitness for more than 60 years, did you know that already? And sure, it is well-respected for providing high-quality fitness services with top-notch equipment, certified trainers, and a wide range of workout programs like personal training, group exercises, spinning, and yoga. Looking at how so many people are becoming aware of their health issues and are committing to going to the gym regularly, you can literally turn this thing in your favor. How?
Well, either you can open your own gym, but we’ll suggest not to go down that path, instead, how about owning a Gold’s Gym franchise in your area? That’s kinda the main reason why we are here with this post to share details like Gold Gym franchise cost in India, the different types of models they offer, and things like that. Alright, let’s get going then.
Type Of Franchise Option Offered By Gold Gym In India:
You see, unlike other franchise opportunities within the same niche, Gold’s Gym actually has a few offerings that you’ll surely like. Just so you know from the very start, in India, Gold’s Gym offers three types of franchise models based on the space and investment you are willing to make:
- Regular Gym: This is the full-size gym model that delivers the whole range of Gold’s Gym services. As you could have already guessed, this type of model is always located in a large area and requires a higher investment.
- Express Gym: It is a clinic-type concept that is very small and provides only essential workouts for busy people who want a fast and effective session, you know?
- Activ Gym: Then there is this one, which is a more compact model focusing on core fitness activities, ideal for smaller spaces.
Cost Breakdown of Gold’s Gym Franchise in India
Starting a Gold’s Gym franchise can be quite expensive, but the final cost will massively depend on the gym’s size and type. As we already told you there are actually three primary models, Regular Gym, Express Gym, and Activ Gym, other than the basic model that you want to start. Each has varying space requirements and investment levels.
- Regular Gym: The Regular Gym is the whole version of Gold’s Gym, requiring about 5000 to 7000 square feet of space. The total investment for a Regular Gym is between ₹2.5 Crores and ₹4 Crores. This option is most suitable for you if you are in a place with a large area and a well-executed zoned health program in place, you know?
- Express Gym: An Express gym is kinda a decent or smaller version with a floor space of just 3000 to 4000 square feet. So yes, that results in a little less initial investment, between ₹1.5 crores and ₹2 crores. Just so you know, it is a good option if your location for gym activities is limited but you want to provide quality services.
- Activ Gym: Finally, the Activ Gym is the most compact version of all with Gold’s Gym franchise options. The fitness space requirement is around 2000 to 3000 square feet, with the investment being around ₹1 crore, all in all, this would be good if you are looking for a more affordable option that centers around essential fitness services.
So yes, the investment covers all the things that you need to start your gym career like equipment, branding, setup, and initial training. Just remember, there is a unique cost for each model depending on the size and the services you want to provide.
Is Gold’s Gym Franchise Profitable?
Sure, you can open a Gold’s Gym franchise and make good profits down the line. Just know though, it is mostly determined by certain parameters. The place where they will put the gym, of course, is the most critical one. For example, if your gym is situated in a bustling, urban area with people who put a greater emphasis on their health, your chances of making a fair profit are tremendously high. As you may already know, the fitness trend in India is growing rapidly with more consumers focusing on staying fit and joining gyms, and that is precisely where you can capitalize.
Gold’s Gym is preferred and one of the most well-known and trusted brands worldwide. Given the brand name, potential customers anticipate that they will be treated superbly, which makes them more likely to join. It is thus easier to attract customers through this established brand than to start a gym under a new name, you know? While the exact profit numbers may vary depending on how well the gym is managed and promoted, a Gold’s Gym franchise in a good location has amazing profit potential, that we can say for sure.