Start-Up Costs and Fees |
||
| Blink Fitness | Thrive Active Fitness Clubs | |
| Investment | 637000 - 2150000 | 140000 - 750000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | 5% | |
| Year Founded | 2010 | 0 |
| Year Franchised | 2015 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Blink Fitness | Thrive Active Fitness Clubs | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | |
Financing Options |
||
| Blink Fitness | Thrive Active Fitness Clubs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Blink Fitness | Thrive Active Fitness Clubs | |
| Training | We offer an industry-leading 150 hours of training to prepare you to run your Blink business successfully. This training includes: Orientation that includes a thorough overview of the business Deep-dive classroom and virtual training on each area of the Blink business Hands-on operational training at one of our gyms A support person who will spend up to a week at your location during your club opening. | |
| Support | When you join the Blink Fitness family as a franchise owner, you gain instant access to one of the most well-rounded executive teams in the business. In addition to having deep roots in the fitness industry, our leadership team brings a mix of experience from world-class companies that includes Equinox, Dunkin Donuts, Pepsi, Procter & Gamble, Whole Foods Market, Starbucks, and Ann Taylor. | |
| Marketing | ||
| Operations | Number of employees required > about 20 Owner/operator required Absentee ownership allowed | |
Expansion Plans |
||
| Blink Fitness | Thrive Active Fitness Clubs | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
| Franchise Fee | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
| Royalty Fee | |
| Blink Fitness | 5% |
| Thrive Active Fitness Clubs | |
| Advertising Fee | |
| Blink Fitness | 5% |
| Thrive Active Fitness Clubs | |
| Year Founded | |
| Blink Fitness | 2010 |
| Thrive Active Fitness Clubs | 0 |
| Year Franchised | |
| Blink Fitness | 2015 |
| Thrive Active Fitness Clubs | 0 |
| Term Of Agreement | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
| Renewal Fee | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
Business Experience Requirements |
|
| Experience | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
| Thrive Active Fitness Clubs | |
Financing Options |
|
| Franchise Fees | |
| Blink Fitness | No |
| Thrive Active Fitness Clubs | No |
| Start-up Costs | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
| Equipment | |
| Blink Fitness} | |
| Thrive Active Fitness Clubs | |
| Inventory | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
| Receivables | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
| Payroll | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
Training & Support |
|
| Training | |
| Blink Fitness | We offer an industry-leading 150 hours of training to prepare you to run your Blink business successfully. This training includes: Orientation that includes a thorough overview of the business Deep-dive classroom and virtual training on each area of the Blink business Hands-on operational training at one of our gyms A support person who will spend up to a week at your location during your club opening. |
| Thrive Active Fitness Clubs | |
| Support | |
| Blink Fitness | When you join the Blink Fitness family as a franchise owner, you gain instant access to one of the most well-rounded executive teams in the business. In addition to having deep roots in the fitness industry, our leadership team brings a mix of experience from world-class companies that includes Equinox, Dunkin Donuts, Pepsi, Procter & Gamble, Whole Foods Market, Starbucks, and Ann Taylor. |
| Thrive Active Fitness Clubs | |
| Marketing | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
| Operations | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
| Thrive Active Fitness Clubs | |
Expansion Plans |
|
| US Expansion | |
| Blink Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Thrive Active Fitness Clubs | |
| Canada Expansion | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |
| International Expansion | |
| Blink Fitness | |
| Thrive Active Fitness Clubs | |