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May 28, 2015 2:15 PM ET

Hotels, Restaurants and Leisure

Company Overview of Gold's Gym International, Inc.

Company Overview

Gold's Gym International, Inc. operates a chain of gyms in the United States and internationally. It offers group exercise programs, including Zumba, yoga, group cycling, mixed martial arts, muscle endurance training, and Pilates. The company also provides services in the areas of strength training/cardio, diet and nutrition, fitness related medical information, celebrity training, sports training, senior fitness, youth fitness, pre and post natal, motivation, diabetes, obesity, sports psychology, stretching exercises. In addition, it engages in franchising gyms. The company was formerly known as Gold's Gym Enterprises, Inc. and changed its name to Gold's Gym International, Inc. The company ...

4001 Maple Avenue

Suite 200

Dallas, TX 75219

United States

Founded in 1965

Phone:

214-574-4653

Key Executives for Gold's Gym International, Inc.

President and Chief Financial Officer
Chief Operating Officer
Owner of Gold's Gym Paramus and President of The Gold's Gym Franchise Association
Senior Vice President of Franchising
Managing Partner of Gold's Gym Grand Junction, Colorado
Compensation as of Fiscal Year 2014.

Gold's Gym International, Inc. Key Developments

Gold's Gym Expands Global Presence with New Deals in Africa and Asia

Gold's Gym announced that it has signed agreements to develop eight new gyms in Morocco, four in Mongolia and four in Jordan. The deals mark the continued expansion of the iconic brand into Africa, and increase its presence in Asia, where Gold's Gym is already known as an international fitness icon. In each country, Gold's Gym partnered with top business minds who will serve as master franchisees. This includes: Faycal Achmoul and Mohammed Rharmili of Morocco, Batmunkh Sengee and Gankhuyag Rentsendorj of Mongolia and Adnan Sa'Ed Mohammad Aburukbeh of Jordan. As is the case with its other master franchisees across the globe, Gold's Gym will combine the power of its brand and successful franchise model with the local market knowledge and expertise of these partners to bring Gold's Gym to new audiences.

Gold's Gym Plans to Open New Gym Locations in Domestic and International Markets

Gold's Gym boasts the opening of 14 new gym locations within key domestic and international markets. Led by the return of the brand to the Greater Cleveland, OH area, Gold's Gym is expanding on both the corporate and franchise sides, domestically and internationally. In addition to the highly anticipated return of the Gold's Gym brand to the Northeast Ohio communities of Akron and Cleveland, first quarter of 2014 saw expansion across established key markets such as Austin and San Antonio, TX and St. Louis, MO. Spring of 2014 will mark another entry into a major market for the brand with two unique gyms set to open in New Orleans, LA. With more than 425 U.S. locations currently in operation and more planned over the next 12-18 months, including new locations in Colorado, Oklahoma, Louisiana and Texas - domestic growth is expected to continue throughout 2014 and beyond. By the end of this year, the brand expects to have more than 300 locations internationally, spurred by the growth of the Canadian market, and the development of a new Master franchise group in Australia.

Gold's Gym Signs Largest Non-US Development Agreement with Australia Deal

Gold's Gym has signed an agreement to open a number of new gyms in Australia. Signed in the fourth quarter of 2013, this is the largest development agreement outside of the United States in Gold's Gym history. Committed to opening a minimum of 50 gyms over the next 10 years -- including the two pre-existing Gold's Gym locations in Fyshwick and Gungahlin -- the company has partnered with the owners of Aussie Supplements.

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