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"I purchased the gym more or less as a hobby; I was training there at the time and the current owner (Danits) couldn't make money with it – in fact, the gross income of Gold's in 1971 was $19,000. I purchased 100% of the stock in Gold's Gym, Inc. for $15,000 cash and the assumption of $74,000 in mortgages and small debts.
Gold's Gym International, Inc. is an American chain of international co-ed fitness centers (commonly referred to as gyms) originally started by Joe Gold in Venice Beach, California. Each gym offers a variety of cardio and strength training equipment as well as group exercise programs.
World Gym International LLC is an American fitness center founded in 1976 by Joe Gold during the glory days of "Muscle Beach" in Venice Beach, California. Joe Gold is also the founder of Gold's Gym , another unaffiliated gym chain, which he sold in 1973. [ 1 ]
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Joe Gold (born Sidney Gold; March 10, 1922 [1] – July 11, 2004) was an American bodybuilder and businessman. He was the founder of Gold's Gym and World Gym.He has been credited with being the father of the bodybuilding and the fitness craze.
OneLife Fitness, a U.S. operator of health and fitness clubs that is partly owned by private equity investor Josh Harris, is exploring a sale that could value it at around $700 million, including ...
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