Start-Up Costs and Fees |
||
| Blink Fitness | Extreme Gym | |
| Investment | 637000 - 2150000 | 75453 - 96998 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | 5% | |
| Year Founded | 2010 | 2002 |
| Year Franchised | 2015 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Blink Fitness | Extreme Gym | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
||
| Blink Fitness | Extreme Gym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Blink Fitness | Extreme Gym | |
| 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 | 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 |
||
| Blink Fitness | Extreme Gym | |
| 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 | |
| Blink Fitness | |
| Extreme Gym | |
| Franchise Fee | |
| Blink Fitness | |
| Extreme Gym | |
| Royalty Fee | |
| Blink Fitness | 5% |
| Extreme Gym | |
| Advertising Fee | |
| Blink Fitness | 5% |
| Extreme Gym | |
| Year Founded | |
| Blink Fitness | 2010 |
| Extreme Gym | 2002 |
| Year Franchised | |
| Blink Fitness | 2015 |
| Extreme Gym | 0 |
| Term Of Agreement | |
| Blink Fitness | |
| Extreme Gym | |
| Renewal Fee | |
| Blink Fitness | |
| Extreme Gym | |
Business Experience Requirements |
|
| Experience | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
| Extreme Gym | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
|
| Franchise Fees | |
| Blink Fitness | No |
| Extreme Gym | No |
| Start-up Costs | |
| Blink Fitness | |
| Extreme Gym | |
| Equipment | |
| Blink Fitness} | |
| Extreme Gym | |
| Inventory | |
| Blink Fitness | |
| Extreme Gym | |
| Receivables | |
| Blink Fitness | |
| Extreme Gym | |
| Payroll | |
| Blink Fitness | |
| Extreme Gym | |
Training & Support |
|
| 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. |
| Extreme Gym | |
| Support | |
| 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. |
| Extreme Gym | |
| Marketing | |
| Blink Fitness | |
| Extreme Gym | |
| Operations | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
| Extreme Gym | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Extreme Gym | |
| Canada Expansion | |
| Blink Fitness | |
| Extreme Gym | |
| International Expansion | |
| Blink Fitness | |
| Extreme Gym | |