Start-Up Costs and Fees |
||
| IM=X Pilates Studio | Blink Fitness | |
| Investment | 66000 - 150000 | 637000 - 2150000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | Varies | 5% |
| Advertising Fee | 5% | |
| Year Founded | 1994 | 2010 |
| Year Franchised | 2003 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| IM=X Pilates Studio | Blink Fitness | |
| Experience | Industry experience | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
||
| IM=X Pilates Studio | Blink Fitness | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| IM=X Pilates Studio | Blink Fitness | |
| 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 | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | 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 | Co-op advertising, Ad slicks, National media | |
| Operations | Number of employees required > about 20 Owner/operator required Absentee ownership allowed | |
Expansion Plans |
||
| IM=X Pilates Studio | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| IM=X Pilates Studio | |
| Blink Fitness | |
| Franchise Fee | |
| IM=X Pilates Studio | |
| Blink Fitness | |
| Royalty Fee | |
| IM=X Pilates Studio | Varies |
| Blink Fitness | 5% |
| Advertising Fee | |
| IM=X Pilates Studio | |
| Blink Fitness | 5% |
| Year Founded | |
| IM=X Pilates Studio | 1994 |
| Blink Fitness | 2010 |
| Year Franchised | |
| IM=X Pilates Studio | 2003 |
| Blink Fitness | 2015 |
| Term Of Agreement | |
| IM=X Pilates Studio | 10 years |
| Blink Fitness | |
| Renewal Fee | |
| IM=X Pilates Studio | |
| Blink Fitness | |
Business Experience Requirements |
|
| Experience | |
| IM=X Pilates Studio | Industry experience |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
|
| Franchise Fees | |
| IM=X Pilates Studio | No |
| Blink Fitness | No |
| Start-up Costs | |
| IM=X Pilates Studio | |
| Blink Fitness | |
| Equipment | |
| IM=X Pilates Studio} | |
| Blink Fitness | |
| Inventory | |
| IM=X Pilates Studio | |
| Blink Fitness | |
| Receivables | |
| IM=X Pilates Studio | |
| Blink Fitness | |
| Payroll | |
| IM=X Pilates Studio | |
| Blink Fitness | |
Training & Support |
|
| Training | |
| IM=X Pilates Studio | |
| 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 | |
| IM=X Pilates Studio | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| 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 | |
| IM=X Pilates Studio | Co-op advertising, Ad slicks, National media |
| Blink Fitness | |
| Operations | |
| IM=X Pilates Studio | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
|
| US Expansion | |
| IM=X Pilates Studio | |
| 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 | |
| IM=X Pilates Studio | |
| Blink Fitness | |
| International Expansion | |
| IM=X Pilates Studio | |
| Blink Fitness | |