SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW YORK
GOLD'S GYM franchise in New York: what the public record shows
Franchisees of GOLD'S GYM in New York have taken 15 SBA loans since 1991 (average $704,466), and of the 12 loans whose story has ended, 8.3% were charged off — versus 14.7% for GOLD'S GYM nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 8 franchised outlets in New York (fiscal 2025) — about 0.04 per 100k residents.
Loans in NY
15
Resolved
12
Local charge-off
8.3%
National charge-off
14.7%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NY. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
Businesses in this industry
2,492
statewide, all operators
Per 100k residents
12.5
national 11.9
Versus the country
+5%
denser
Every business in GOLD'S GYM's industry operating in New York — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 9 | — |
| 2024 | 8 | — |
| 2025 | 8 | — |
| System | Loans in NY | Local charge-off | Units in NY |
|---|---|---|---|
| Retrofitness | 35 | 5.0% | — |
| Orangetheory | 29 | 0.0% | — |
| Curves for Women | 24 | 41.7% | — |
| ANYTIME FITNESS; ANYTIME FITNESS EXPRESS | 17 | 30.0% | — |
| I LOVE KICKBOXING | 16 | 36.4% | — |
| F45 Training | 15 | thin | — |
| Stretch Lab | 14 | thin | — |
| THE LITTLE GYM | 10 | thin | — |
| World Gym & Fitness Center | 9 | thin | — |
| Club Pilates | 7 | thin | — |
| Snap Fitness Club | 7 | thin | 12 |
| Studio Pilates | 7 | thin | 5 |
Same sector, same state, same public records — how GOLD'S GYM compares to the systems a buyer in New York would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing GOLD'S GYM's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →