World Gym International
Yes, we actively support the inclusion and development of minority-owned franchises in the World Gym International system.
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: info@worldgym.com
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:
> North America -- Operations in 34 States
> States/Provinces with Greatest Density: 30 in FL, 29 in CA, 20 in NY
Units Owned by Minorities:
>African-American: 1
>Hispanic: 5
>Asian-American: 2
>Native American:
>Other:
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
(for abbreviations click here)
Financial Requirements
Cash Investment: $300K-1MM
Total Investment: $300K-1MM
Average Total Investment: $637K
Minimum Net Worth: $300K-1MM
Fees
>Franchise: $7-13K
>Average Franchise Fee: $10K
>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
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 6
On-Going Support: c,d,G,H,I (for an explanation click here)
Training: 2 Days Las Vegas, NV University; 2 Days Columbus, OH University.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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