Gold's Gym Franchise
Gold's Gym India franchise: three formats, Rs 1-4 crore as stated on its franchise page; 149 gyms on its locator. Fees, royalty and returns not published.
Gold's Gym franchise at a glance (terms checked Oct 2026)
Investment
ā¹1 Cr - ā¹4 Cr
Above the category (typical ā¹76.25 Lāā¹2.48 Cr, median ā¹2.2 Cr, 6 verified brands)
Ongoing take
Not published
Franchise fee
Not published
Payback
Not published
- Outlet claim matches reality: Claims 156, locator lists 149
Outlets
149 verified
Brand claims 156
What we couldn't verify
- ā¢ Outlet closures
- ā¢ Franchisee satisfaction
- ā¢ Disputes with franchisees
- ā¢ Profit or loss
Ask before you sign
- Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit ā a franchisor making money doesn't mean its franchisees do.
- Ask for the one-time franchise fee in writing, and whether any part is refundable.
- Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
Franchise terms checked against Gold's Gym India's official franchise page on 25 Oct 2026. Figures marked * aren't published by the brand ā they come from other published sources or our own estimate, and aren't verified.
Investment Breakdown
Per franchisorFigure as stated on the franchise page; what it includes is not stated.
Figure as stated on the franchise page; what it includes is not stated.
Figure as stated on the franchise page; what it includes is not stated.
Model your own numbers in our calculator
Open the ROI calculator* Breakdown as published by Gold's Gym.
Ways to Partner with Gold's Gym
3 partner models published by the brand. Figures it doesn't publish are left blank.
Regular gym
- Investment
- ā¹2.5 Cr ā ā¹4 Cr
- Space
- 5,000 sq ft ā 7,000 sq ft
- Territory
- Metro and tier 1 cities, per the page
Page lists inclusions: Yoga/group exercise/spinning studio, cardio, strength, free-weight area, swimming pool, lockers, steam bath and other wet areas. Fee, royalty and term not published.
Express gym
- Investment
- ā¹1.5 Cr ā ā¹2 Cr
- Space
- 3,000 sq ft ā 4,000 sq ft
- Territory
- Small cities (tier 2/3) and metro/tier 1, per the page
Page lists inclusions: Cardio, strength, free weights, lockers, steam area and other wet areas. Fee, royalty and term not published.
Activ gym
- Investment
- ā¹1 Cr
- Space
- 2,000 sq ft ā 3,000 sq ft
- Territory
- Tier 2, 3 and 4 cities and metro/tier 1, per the page
Page lists inclusions: Cardio, strength, free weights, lockers, steam area and other wet areas. Fee, royalty and term not published.
Reputation & News
What the press, courts and real franchisees or customers have said about Gold's Gym ā summarised by us, with every source linked.
- In the newsĀ· 2022-02-14
cult.fit acquires India business of Gold's Gym (Business Today, Feb 2022)
Reported that Cult.fit took a majority stake in F2 Fun & Fitness India Pvt Ltd and became master franchise partner, 140+ outlets in 90+ cities at the time, no deal value disclosed, and a plan to expand centres through franchisees. Cult.fit's later prospectus (Jul 2026) records the stake as 60% from Feb 2022, rising to 100% in Nov 2023.
Source: Business Today
Key Terms at Gold's Gym
The clauses that shape day-to-day running and your exit ā read these before the fee.
- Payments to the brand
- Per the Cult.fit Limited DRHP: at the sub-franchise and own-brand franchise levels, franchisees typically pay a one-time non-refundable initial fee and ongoing monthly royalties or commercial fees, fixed or revenue-linked (the passage covers Cult.fit's franchise arrangements generally). The franchise page publishes no amounts.
- Other terms
- Per the Cult.fit Limited DRHP: individual sub-franchise agreements are limited to no more than ten years from the effective date. The franchise page states no term.
Legal & Contract Summary
Key contract terms at a glance ā read before you sign.
Agreement Type
Franchisee-Owned, Franchisee-Operated
Contract Duration
āRenewal Available
āTerritory Exclusivity
āNon-Compete Clause
āExit Clause
āWho Can Apply for Gold's Gym
Conditions the brand sets for partners, and the licences the business needs.
- Regular gym site area: 5,000-7,000 sq ftRequired
- Express gym site area: 3,000-4,000 sq ftRequired
- Activ gym site area: 2,000-3,000 sq ftRequired
About the Brand
Brand USP
Gym franchise with three published formats from 2,000 to 7,000 sq ft, Rs 1 crore to Rs 4 crore.
Why invest in Gold's Gym?
Gold's Gym by the Numbers
Source marked on each figure149 (recounted)
Gyms on the India locator Ā· 26 Oct 2026
Store locator156 gyms, 95 cities, 26 states
Gyms claimed on home page Ā· 26 Oct 2026
Brand claimGold's Gym Outlet Network
By state Ā· 26 Oct 2026
- Maharashtra34
- Karnataka24
- Uttar Pradesh18
- Delhi NCR11
- Punjab9
- Haryana8
- Telangana7
- Assam5
- Bihar5
- Jharkhand4
- Madhya Pradesh4
- Andhra Pradesh3
+ 9 more
Cities with Outlets
Show all 40 citiesHide the city list
Company Health Check
What Gold's Gym's franchisor company has filed with the registrar and the courts ā the checks a lawyer would run before you sign.
Group companies
- Cult.fit Limited (formerly Curefit Healthcare Private Limited)Holding company Ā· 100%
Source: Cult.fit Limited DRHP, 6 Jul 2026 (checked Not assessed: F2's registrar status, charges and financial statements not read. DRHP (6 Jul 2026) lists F2 as a 100% subsidiary of Cult.fit Limited and discloses one pending petition filed by F2 (see caseRecords).)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- F2 Fun & Fitness (India) Pvt Ltd
- Company type
- Private limited company (unlisted)
- CIN
- U64100TN1987PTC176351
- Headquarters
- Mumbai
Gold's Gym Timeline
2002
Gold's Gym India starts in Mumbai
Per the brand's franchise page.
2022-02-23
Cult.fit completes purchase of 60% of F2 Fun & Fitness (India)
Per the Cult.fit Limited DRHP, share purchase agreement signed 12 Jan 2022, effective 23 Feb 2022. Business Today reported the deal on 14 Feb 2022, with no value disclosed.
Source2023-11-03
Cult.fit acquires the remaining 40% of F2
Per the Cult.fit Limited DRHP: share purchase agreement 10 Oct 2023, effective 3 Nov 2023, making F2 a wholly owned subsidiary.
Source
FranchiseChuno Analysis
Our analysis of verified dataHow Gold's Gym looks once the numbers are checked side by side.
- ā¢Investment in line with the Fitness, Sports & Entertainment medianMidpoint ā¹250 L vs a category median of ā¹220 L across brands on FranchiseChuno.
- āBrand operating for 24 yearsFounded in 2002. The brand doesn't state when franchising began.
- āOutlet claim matches its store locator149 outlets on its own store locator (26 Oct 2026 (goldsgym.in/gold-gyms/ list, recounted: 147 entries named Gold's Gym, plus Golds Gym Karad and Jalandhar Heights 1 = 149, in 76 towns across 21 states)), in line with the 156 it claims.
Data completeness
45%
- ā Terms checked against the brand's own page
- ā Published investment (not an estimate)
- ā Franchise fee
- ā Royalty
- ā ROI or payback claim
- ā Agreement term
- ā Training details
- ā Outlet cities verified
- ā Company financials
- ā Legal entity
- ā News & public opinion checked
Ask Before You Sign
Questions tailored to what Gold's Gym does and doesn't publish.
- 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit ā a franchisor making money doesn't mean its franchisees do.
- 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
- 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
- 4Ask for the agreement term, renewal fee and exit or transfer terms.
- 5Ask whether you get an exclusive territory, and how large it is.
- 6Have a lawyer review the franchise agreement before paying anything.
- 7Visit 2ā3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
2,000 - 7,000 sq ft
Staff Needed
ā
Setup Time
ā
Owner Involvement
ā
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Training Cost
Covered by franchisor
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
What Gold's Gym franchisees say
We haven't yet heard from enough Gold's Gym franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Gold's Gym outlet ā share how it wentFrequently Asked Questions
What is the total investment for a Gold's Gym franchise?
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