Gold’s Gym Franchise is the best gym franchise in India. We will discuss Gold’s Gym Franchise Cost, Profit, and How to get the franchise.
Gold’s Gym Franchise currently has 720+ outlets in 28 countries. You can enroll directly for Gold’s Franchise by filling up the Google Form given below or on Whatsapp.
Gold’s Gym Franchise Cost
Gold’s Gym Franchise Cost ₹1,50,00,000 Rupees as an initial investment. The Franchise Fee is not disclosed by the brand. The minimum area required is 800 Square Feets. Royalty charged will be 25% on Sales.
The bifurcation of the Franchise Price (Cost) is given below-
- Franchise Agreement is for 5 Years Term, which will be renewed based on discussion
- GST as applicable
- The brand will provide trained trainers
- Minimum 4-5 trainers will be required
- The brand will provide compete guidance
- All Payments Made are Non-Refundable
- Return on Investment is around 18 months to cover the cost
Gold’s Gym Franchise Profit
We will analyze the Gold’s Gym Franchise Profit Margin with the help of an example. We will deduct all the expenses from the Gross Sales. We are assuming Sales of 3,00,000 Rupees per month.
We can conclude that the Profit Margin of the Gold’s Gym Franchise is 35% for Sales of 3,00,000 Rupees or 1,05,000 as profit. The outlet may have less profits in the initial days but the gym has great demand in the market.
After good Local Marketing and Branding, the Sales will increase to 10 Lakh Rupees per month and the profit margin will be 12% on Sales or 1,20,000 Rupees as Profit.
Location plays a very crucial factor in determining the success rate of a franchise along with quality and service.
The location should have a very high footfall. It should be in the main market of that area. You can open the outlet nearby colleges, corporates, Highways, Malls or any place where people love to have Gym.
How to Get Gym Franchise?
To get Gym Franchise, you have to fill out the Google form below then we will allot you a franchise specialist who will guide you the best.
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