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LAST UPDATED: October 9, 2023 FRANCHISE WEBSITE:&nbsp;<a href="https://www.worldgymfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">https://www.worldgymfranchising.com/</a> NUMBER OF LOCATIONS:&nbsp;225+ REPORTED COST TO GET IN:&nbsp;$1,139,500 to $3,715,000 REPORTED ROI (Item 19):&nbsp;N/A<a href="https://www.worldgymfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">World Gym</a> is a globally recognized workout and exercise brand that is considered the originator of the full-service gym model. First founded in 1976 in Santa Monica, California, owner Joe Gold was passionate about changing the world by improving people’s lives through fitness.&nbsp;Despite starting with just one location, the brand developed a solid reputation for its offerings. By 1980, World Gym was established as a global fitness icon with franchise locations spanning the U.S. and abroad, and famous members such as Arnold Schwarzenegger, Lou Ferrigno and Dave Draper.&nbsp;<figure class="media"><div data-oembed-url="https://www.youtube.com/watch?v=gEH_4PKKKSk"><div class="iframely-embed"><div class="iframely-responsive"><iframe src="//cdn.iframe.ly/api/iframe?app=1&amp;api_key=fd3b6b3731f34f55ba1fe3&amp;url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DgEH_4PKKKSk" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen=""></iframe></div></div></div></figure><h3>How Many World Gym Locations Are There?</h3>As of October 2023, there are more than 225 World Gym locations across six continents and 14 countries. The brand is actively offering franchise opportunities throughout the U.S. and across the globe.&nbsp; You can browse a map of all available markets&nbsp;<a href="https://www.worldgymfranchising.com/available-markets/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">here</a>.&nbsp;<h3>What Is World Gym's Business Model?</h3>At its core, the business model of World Gym is centered around providing state-of-the-art exercises and workout equipment to its members. Each World Gym location features a variety of free weights, cardio equipment and strength training machines. Many units also offer indoor turf training areas, group fitness classes, personal training, and wellness and recovery options.&nbsp; With more than 45 years of experience in the industry, World Gym boasts that it has successfully mastered its franchise concept and lists the following benefits for its franchise opportunity:&nbsp;<ul><li>Exclusive certifications for personal trainers</li><li>The best new equipment for members through preferred vendor agreements</li><li>Broader opportunities for revenue streams versus traditional gyms&nbsp;</li></ul>Additionally, the brand offers a wide range of support and backing for its prospective franchisees, including:&nbsp;<ul><li>Financial startup resources and budget forecasting</li><li>Territory analysis</li><li>Real estate representation</li><li>Facility layout and design support</li><li>Pre-construction and build-out guidance</li><li>Exclusive World Gym franchisee equipment discounts</li><li>Multiple online and in-person revenue streams</li><li>Marketing/public relations, national advertising and sales support</li><li>Leadership development and ongoing business coaching</li><li>Monthly workshops and seminars across all core areas of the business</li><li>Peer-to-peer networking and the annual world gym convention</li></ul><h3>How Much Can World Gym Franchise Owners Make?</h3>World Gym does not have a publicly available Item 19. To learn more,&nbsp;<a href="https://www.worldgymfranchising.com/contact-us/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">contact the team</a> about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.<h3>How Much Does It Cost To Open a World Gym Franchise?</h3>The estimated initial investment to open a World Gym franchise ranges between&nbsp;$1,139,500 to $3,715,000. This investment is broken down into the following costs:&nbsp;<ul><li>Initial Franchise Fee: $45,000</li><li>Pre-Opening Membership Sales: $60,000 to $100,000</li><li>Build-Out and Leasehold Improvements: $600,000 to $1,000,000</li><li>Premises Lease Deposits: $50,000 to $100,000</li><li>Initial Inventory: $10,000 to $20,000</li><li>Equipment Purchases: $852,000 to $1,395,000</li><li>Audio/Visual Equipment: $75,000 to $500,000</li><li>Furniture and Displays: $15,000 to $20,000</li><li>Signs and Branding: $25,000 to $100,000</li><li>Cafe and Associated Furniture, Fixtures and Equipment: $15,000 to $25,000</li><li>Office Equipment and Supplies: $5,000 to $15,000</li><li>Insurance: $15,000 to $75,000</li><li>Utility Deposits: $5,000 to $15,000</li><li>Professional Fees: $5,000 to $20,000</li><li>Initial Training: $5,000 to $10,000</li><li>Licenses and Bonds: $2,500 to $25,000</li><li>Additional Funds (First 180 Days After Opening: $150,000 to $250,000</li></ul>Interested candidates must also have a minimum net worth of $1 million and at least $400K in liquid capital. Additionally, if you own an existing fitness facility and would like to convert it into a World Gym location, the cost to do so ranges between $262,500 to $412,500.&nbsp;<h3>What Is the Franchise Fee for World Gym?</h3>The initial franchise fee required to open a World Gym franchise is $45K. World Gym also offers a 15% discount off its initial franchise fee for qualified veterans.&nbsp;<h3>Who’s On World Gym's Leadership Team?</h3><ul><li><a href="https://www.linkedin.com/in/lewis-stanton-494105/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">Lewis Stanton — CEO</a></li><li><a href="https://www.linkedin.com/in/toddlowen/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">Todd Owen — CFO</a></li><li><a href="https://www.linkedin.com/in/eric-o-connor-0422b94/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">Eric O’Connor — Vice President of Franchise Development&nbsp;</a></li><li><a href="https://www.linkedin.com/in/karin-michael-58798a12/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">Karin Michael — Director of Franchisee Relations</a></li></ul><h3>What Helpful Articles Can I Read to Learn More About World Gym?</h3><ul><li><a href="https://www.youtube.com/watch?v=gEH_4PKKKSk&utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">World Gym Legacy Video | YouTube</a></li><li><a href="https://www.prnewswire.com/news-releases/world-gym-introduces-innovative-new-gym-model-with-game-changing-next-generation-features-301593984.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">World Gym Introduces Innovative, New Gym Model with Game Changing, Next Generation Features</a></li><li><a href="https://sgbonline.com/world-gym-international-adds-franchises/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">World Gym International Adds Franchises</a></li><li><a href="https://www.clubindustry.com/industry-news/world-gym-introduces-strength-only-gym-model?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-world-gyms-franchise-costs-fees-profit-and-data-2723885" target="_blank" rel="nofollow">World Gym Introduces Strength-Only Gym Model</a></li></ul>Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content. &nbsp;

Franchise Deep Dive: World Gym’s Franchise Costs, Fees, Profit and Data

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