Start-Up Costs and Fees |
||
| The Max Challenge | Blink Fitness | |
| Investment | 131868 - 280592 | 637000 - 2150000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 5% |
| Year Founded | 2011 | 2010 |
| Year Franchised | 2013 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Max Challenge | Blink Fitness | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | |
Financing Options |
||
| The Max Challenge | Blink Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Max Challenge | Blink Fitness | |
| Training | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual 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 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures 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 | Absentee Ownership Allowed Number of Employees Required to Run: 2 | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
||
| The Max Challenge | 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 | |
| The Max Challenge | |
| Blink Fitness | |
| Franchise Fee | |
| The Max Challenge | |
| Blink Fitness | |
| Royalty Fee | |
| The Max Challenge | 6% |
| Blink Fitness | 5% |
| Advertising Fee | |
| The Max Challenge | 2% |
| Blink Fitness | 5% |
| Year Founded | |
| The Max Challenge | 2011 |
| Blink Fitness | 2010 |
| Year Franchised | |
| The Max Challenge | 2013 |
| Blink Fitness | 2015 |
| Term Of Agreement | |
| The Max Challenge | |
| Blink Fitness | |
| Renewal Fee | |
| The Max Challenge | |
| Blink Fitness | |
Business Experience Requirements |
|
| Experience | |
| The Max Challenge | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
|
| Franchise Fees | |
| The Max Challenge | |
| Blink Fitness | |
| Start-up Costs | |
| The Max Challenge | |
| Blink Fitness | |
| Equipment | |
| The Max Challenge} | |
| Blink Fitness | |
| Inventory | |
| The Max Challenge | |
| Blink Fitness | |
| Receivables | |
| The Max Challenge | |
| Blink Fitness | |
| Payroll | |
| The Max Challenge | |
| Blink Fitness | |
Training & Support |
|
| Training | |
| The Max Challenge | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual 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. |
| Support | |
| The Max Challenge | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures 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 | |
| The Max Challenge | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Blink Fitness | |
| Operations | |
| The Max Challenge | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
|
| US Expansion | |
| The Max Challenge | |
| 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 | |
| The Max Challenge | |
| Blink Fitness | |
| International Expansion | |
| The Max Challenge | |
| Blink Fitness | |