Gold’s Gym is a wholly owned subsidiary of TRT Holdings.
Gold’s Gym was founded in 1965 by Joe Gold in Venice Beach, California.
In 1970, Gold sold the gym for $50,000.
In 1977, the gym is sold to bodybuilder Ken Sprague. The movie Pumping Iron featuring Arnold Schwarzenegger is released, providing huge publicity for the gym.
In 1979, the gym is purchased by Pete Mrymkowski, Tim Kimber and Ed Connors.
In 1980, the first franchise opens in San Francisco.
By 1988, there were 270 Gold Gym locations worldwide.
In 1999, the company is purchased by franchisees Kirk and John Galiani.
In 2004, the company is purchased by TRT Holdings, who still own the chain today.
Today, there are over 700 gyms in 42 US states and 30 countries worldwide.