Start-Up Costs and Fees |
||
| Profile by Sanford | Blink Fitness | |
| Investment | 388500 - 634500 | 637000 - 2150000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 2% | 5% |
| Year Founded | 2012 | 2010 |
| Year Franchised | 2014 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Profile by Sanford | Blink Fitness | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | |
Financing Options |
||
| Profile by Sanford | Blink Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Profile by Sanford | Blink Fitness | |
| Training | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually | 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 5 | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
||
| Profile by Sanford | 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 | 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 | |
| Profile by Sanford | |
| Blink Fitness | |
| Franchise Fee | |
| Profile by Sanford | |
| Blink Fitness | |
| Royalty Fee | |
| Profile by Sanford | 5% |
| Blink Fitness | 5% |
| Advertising Fee | |
| Profile by Sanford | 2% |
| Blink Fitness | 5% |
| Year Founded | |
| Profile by Sanford | 2012 |
| Blink Fitness | 2010 |
| Year Franchised | |
| Profile by Sanford | 2014 |
| Blink Fitness | 2015 |
| Term Of Agreement | |
| Profile by Sanford | |
| Blink Fitness | |
| Renewal Fee | |
| Profile by Sanford | |
| Blink Fitness | |
Business Experience Requirements |
|
| Experience | |
| Profile by Sanford | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
|
| Franchise Fees | |
| Profile by Sanford | |
| Blink Fitness | |
| Start-up Costs | |
| Profile by Sanford | |
| Blink Fitness | |
| Equipment | |
| Profile by Sanford} | |
| Blink Fitness | |
| Inventory | |
| Profile by Sanford | |
| Blink Fitness | |
| Receivables | |
| Profile by Sanford | |
| Blink Fitness | |
| Payroll | |
| Profile by Sanford | |
| Blink Fitness | |
Training & Support |
|
| Training | |
| Profile by Sanford | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually |
| 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 | |
| Profile by Sanford | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 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 | |
| Profile by Sanford | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Blink Fitness | |
| Operations | |
| Profile by Sanford | Number of Employees Required to Run: 5 |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
|
| US Expansion | |
| Profile by Sanford | 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 |
| 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 | |
| Profile by Sanford | 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 | |
| Profile by Sanford | |
| Blink Fitness | |