Gold Gym Franchise Cost in India: Fees, Requirements, Apply Process

Gold’s Gym has been leading the fitness movement since 1965. Joe Gold opened the first Gold’s Gym in Venice, California. Now, it’s the biggest co-ed gym chain worldwide. There are over 700 clubs in 27 countries, serving more than 2 million customers. Gold’s Gym India began in 2002 in Mumbai. There are over 150 active Gold’s Gym clubs in India, with more being built. They have different types of gyms like Regular, Express, and Activ fitness centers. Let’s find out Gold Gym Franchise Cost in India: Fees, Requirements, and the Application Process.

Gold Gym Franchise Fees

For Regular Gyms:

You need to invest between Rs 2.5 Crore and Rs 4 Crore.

For Express Gyms:

The investment required is between Rs 1.5 Crore and Rs 2 Crore.

For Activ Gyms:

The investment is Rs 1 Crore.

Requirements of Gold Gym Franchise

To open a Gold Gym franchise, you need:

• Money: You should have between Rs 1 Crore to Rs 4 Crore.
• Space: You must have enough space for a showroom and a service area.
• Commitment: You should fully dedicate yourself to the Gold’s Gym business, follow the company’s standards, and maintain their reputation.
• Training: You’ll undergo necessary training.
• Passion: You must love working in the fitness and gym industry.
• Location: Your gym should be in a good spot where it’s easy to see and get to.

For different types of gyms:

• Regular Gyms: Need 5000-7000 sq ft space including various areas like Yoga, Group Exercise, etc.
• Expansion Plans: Focusing on big cities and small cities.
• Express Gyms: Need 3000-4000 sq ft space with essential areas like Cardio, Strength, etc.
• Expansion Plans: Targeting both big and small cities.
• Activ Gyms: Need 2000-3000 sq ft space with similar areas like Cardio, Strength, etc.
• Expansion Plans: Targeting small cities including Tier 2, Tier 3, and Tier 4.

Apply Process for Gold Gym Franchise

Here’s how you can get Gold’s Gym franchise in India for 2024:

1. Visit Gold Gym’s official website or you can just click this link: https://goldsgym.in/franchise/
2. Fill out the application form on the website.
3. The company staff will check your application and reach out to you if they’re interested in moving forward.

How Profitable Is Gold’s Gym Franchise in India 2024?

Well, let’s look at the big picture. The gym and health club industry is expected to keep growing by about 3.91 percent every year from 2023 to 2028. That means it could get bigger by a whopping $20.58 billion!

More and more young people and older people are hitting the gym on a daily basis. There are also more fitness centers and health clubs popping up everywhere. Plus, companies and the government are really pushing for people to stay fit.

Now, Gold’s Gym is a big name in the fitness world. And nowadays, everybody seems to be crazy about getting fit. So, it’s pretty clear that owning a Gold’s Gym franchise can make you some serious cash. Gold’s Gym won many awards for doing great work.

We don’t have exact numbers to show how much profit you can make from a Gold’s Gym franchise. But here’s the deal: If you become a franchisee, Gold’s Gym will help you out in many ways. They’ll assist you in picking the perfect spot for your gym, give you training in Delhi, hand over detailed manuals on how to run the place, send folks to help you out in the field, and offer expert advice from their main office.

So, while we can’t give you exact figures, it’s safe to say that investing in Gold’s Gym franchise could be a win-win situation.

Conclusion

Nowadays people are becoming very conscious about their health. Especially young people joining the gym because everybody wants to become the best version of themselves. Our suggestion is to get Gold’s Gym franchise now. With so many options available, it’s hard to decide. That’s why it’s important to choose a place with a good reputation and a popular name. Gold’s Gym actually fulfills your needs. Hope you now have a clearer understanding of the Gold’s Gym franchise. So, if you’re thinking about investing in a gym and fitness, Gold’s Gym is your best option.