Start-Up Costs and Fees |
||
| Slender Lady | Blink Fitness | |
| Investment | 50000 - 50000 | 637000 - 2150000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | $395/495/mo. | 5% |
| Advertising Fee | 5% | |
| Year Founded | 1996 | 2010 |
| Year Franchised | 1997 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slender Lady | Blink Fitness | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | |
Financing Options |
||
| Slender Lady | Blink Fitness | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Slender Lady | 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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, Regional advertising | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
||
| Slender Lady | 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 | |
| Slender Lady | |
| Blink Fitness | |
| Franchise Fee | |
| Slender Lady | |
| Blink Fitness | |
| Royalty Fee | |
| Slender Lady | $395/495/mo. |
| Blink Fitness | 5% |
| Advertising Fee | |
| Slender Lady | |
| Blink Fitness | 5% |
| Year Founded | |
| Slender Lady | 1996 |
| Blink Fitness | 2010 |
| Year Franchised | |
| Slender Lady | 1997 |
| Blink Fitness | 2015 |
| Term Of Agreement | |
| Slender Lady | 7 years |
| Blink Fitness | |
| Renewal Fee | |
| Slender Lady | |
| Blink Fitness | |
Business Experience Requirements |
|
| Experience | |
| Slender Lady | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
|
| Franchise Fees | |
| Slender Lady | Yes |
| Blink Fitness | Yes |
| Start-up Costs | |
| Slender Lady | |
| Blink Fitness | |
| Equipment | |
| Slender Lady} | |
| Blink Fitness | |
| Inventory | |
| Slender Lady | |
| Blink Fitness | |
| Receivables | |
| Slender Lady | |
| Blink Fitness | |
| Payroll | |
| Slender Lady | |
| Blink Fitness | |
Training & Support |
|
| Training | |
| Slender Lady | |
| 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 | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| Blink Fitness | |
| Operations | |
| Slender Lady | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
|
| US Expansion | |
| Slender Lady | |
| 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 | |
| Slender Lady | |
| Blink Fitness | |
| International Expansion | |
| Slender Lady | |
| Blink Fitness | |