Start-Up Costs and Fees |
||
| Herbal Magic | Blink Fitness | |
| Investment | 50000 - 100000 | 637000 - 2150000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | 5% | |
| Year Founded | 0 | 2010 |
| Year Franchised | 0 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Herbal Magic | Blink Fitness | |
| Experience | We are seeking dedicated and motivated owner/operators who intend on being active in the day-to-day operation of their centre. Unlike most other franchises, we do not require candidates with specific entrepreneurial experience or industry qualifications. Based on a proven formula for success, we specialize in assisting new franchise owners achieve what many others already have. | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
||
| Herbal Magic | Blink Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Herbal Magic | Blink Fitness | |
| Training | Much like our successful weight loss program formula, your franchise will thrive on passion, commitment, and personal attention. We will provide you with the tools to run a fulfilling and profitable business. It all starts with a valuable two-day Orientation at the Herbal Magic Corporate Office in London, Ontario. During this time you will be fully trained by our Management team and expert staff on: * Site planning/centre specifications * General business and administrative procedures * Hiring practices * Marketing and advertising ideas and strategies You will then be required to attend one week of classroom training where you'll learn everything about our products, in-store policies and procedures, and best practices. | 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 | During your grand opening week, one of our Corporate Franchise Service Representatives will be on-site to provide additional training specific to you, your centre, and your staff. In addition to the initial training, Herbal Magic provides support through all stages of your new business venture, including: * Site selection assistance * Lease negotiation assistance * Store layout blueprinting * Store leasehold and renovations assistance * Grand opening advertising support * Frequent training seminars * Monthly sales and performance analysis of your centre | 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 |
||
| Herbal Magic | Blink Fitness | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Herbal Magic | |
| Blink Fitness | |
| Franchise Fee | |
| Herbal Magic | |
| Blink Fitness | |
| Royalty Fee | |
| Herbal Magic | |
| Blink Fitness | 5% |
| Advertising Fee | |
| Herbal Magic | |
| Blink Fitness | 5% |
| Year Founded | |
| Herbal Magic | 0 |
| Blink Fitness | 2010 |
| Year Franchised | |
| Herbal Magic | 0 |
| Blink Fitness | 2015 |
| Term Of Agreement | |
| Herbal Magic | |
| Blink Fitness | |
| Renewal Fee | |
| Herbal Magic | |
| Blink Fitness | |
Business Experience Requirements |
|
| Experience | |
| Herbal Magic | We are seeking dedicated and motivated owner/operators who intend on being active in the day-to-day operation of their centre. Unlike most other franchises, we do not require candidates with specific entrepreneurial experience or industry qualifications. Based on a proven formula for success, we specialize in assisting new franchise owners achieve what many others already have. |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
|
| Franchise Fees | |
| Herbal Magic | |
| Blink Fitness | |
| Start-up Costs | |
| Herbal Magic | |
| Blink Fitness | |
| Equipment | |
| Herbal Magic} | |
| Blink Fitness | |
| Inventory | |
| Herbal Magic | |
| Blink Fitness | |
| Receivables | |
| Herbal Magic | |
| Blink Fitness | |
| Payroll | |
| Herbal Magic | |
| Blink Fitness | |
Training & Support |
|
| Training | |
| Herbal Magic | Much like our successful weight loss program formula, your franchise will thrive on passion, commitment, and personal attention. We will provide you with the tools to run a fulfilling and profitable business. It all starts with a valuable two-day Orientation at the Herbal Magic Corporate Office in London, Ontario. During this time you will be fully trained by our Management team and expert staff on: * Site planning/centre specifications * General business and administrative procedures * Hiring practices * Marketing and advertising ideas and strategies You will then be required to attend one week of classroom training where you'll learn everything about our products, in-store policies and procedures, and best practices. |
| 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. |
| Support | |
| Herbal Magic | During your grand opening week, one of our Corporate Franchise Service Representatives will be on-site to provide additional training specific to you, your centre, and your staff. In addition to the initial training, Herbal Magic provides support through all stages of your new business venture, including: * Site selection assistance * Lease negotiation assistance * Store layout blueprinting * Store leasehold and renovations assistance * Grand opening advertising support * Frequent training seminars * Monthly sales and performance analysis of your centre |
| 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. |
| Marketing | |
| Herbal Magic | |
| Blink Fitness | |
| Operations | |
| Herbal Magic | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
|
| US Expansion | |
| Herbal Magic | |
| 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 |
| Canada Expansion | |
| Herbal Magic | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Blink Fitness | |
| International Expansion | |
| Herbal Magic | |
| Blink Fitness | |