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World Gym International 3223 Washington Blvd.
Marina Del Rey, CA 90292
800#: (800) 544-7441 Tel: (310) 827-7705 Fax: (310) 827-6355
E-Mail: [email protected]
Web Site: www.worldgym.com
Contact: Ms. Karin Michael, Director - Owner Relations
Service oriented fitness centers featuring circuit training, cardiovascular equipment, free weights and personal training.
Franchisor Background
Established: 1977
First Franchise: 1985
Franchise Units: 300
Company-Owned Units: 0
Total Units: 300
Distribution:
U.S. -- 265;
Canada -- 11;
International -- 24
-North America -- Operations in 34 States
-States/Provinces with Greatest Density: 30 in FL, 29 in CA, 20 in NY
Projected New Units Over Next 12 months: 50
Franchisee Qualifications: 4, 5, 3, 3, 3, 2
(Click here for an explanation)
Registered in Following Registration States: CA,FL,HI,IL (Click here for an explanation)
Average Number of Employees: 8-15 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs: 6,500-40,000 SF; FS,SF,SC,RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $300K-1MM
Total Investment: $300K-1MM
Average Total Investment: $637.5K
Minimum Net Worth: $300K-1MM
Fees:
-Franchise: $7-13K
-Average Franchise Fee: $10.0K
-Royalty: $5-7K/Yr.
-Advertising: 0%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: Yes(I)
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 6
On-Going Support: c,d,G,H,I (Click here for an explanation)
Training: 2 Days Las Vegas, NV University; 2 Days Columbus, OH University.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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