Start-Up Costs and Fees |
||
| Blink Fitness | Herbal Magic | |
| Investment | 637000 - 2150000 | 50000 - 100000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | 5% | |
| Year Founded | 2010 | 0 |
| Year Franchised | 2015 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Blink Fitness | Herbal Magic | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | We are seeking dedicated and motivated owner/operators who intend on being active in the day-to-day operation of their centre. Unlike most other franchises, we do not require candidates with specific entrepreneurial experience or industry qualifications. Based on a proven formula for success, we specialize in assisting new franchise owners achieve what many others already have. |
Financing Options |
||
| Blink Fitness | Herbal Magic | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Blink Fitness | Herbal Magic | |
| 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. | Much like our successful weight loss program formula, your franchise will thrive on passion, commitment, and personal attention. We will provide you with the tools to run a fulfilling and profitable business. It all starts with a valuable two-day Orientation at the Herbal Magic Corporate Office in London, Ontario. During this time you will be fully trained by our Management team and expert staff on: * Site planning/centre specifications * General business and administrative procedures * Hiring practices * Marketing and advertising ideas and strategies You will then be required to attend one week of classroom training where you'll learn everything about our products, in-store policies and procedures, and best practices. |
| 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. | During your grand opening week, one of our Corporate Franchise Service Representatives will be on-site to provide additional training specific to you, your centre, and your staff. In addition to the initial training, Herbal Magic provides support through all stages of your new business venture, including: * Site selection assistance * Lease negotiation assistance * Store layout blueprinting * Store leasehold and renovations assistance * Grand opening advertising support * Frequent training seminars * Monthly sales and performance analysis of your centre |
| Marketing | ||
| Operations | Number of employees required > about 20 Owner/operator required Absentee ownership allowed | |
Expansion Plans |
||
| Blink Fitness | Herbal Magic | |
| 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 | 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 | |
| Blink Fitness | |
| Herbal Magic | |
| Franchise Fee | |
| Blink Fitness | |
| Herbal Magic | |
| Royalty Fee | |
| Blink Fitness | 5% |
| Herbal Magic | |
| Advertising Fee | |
| Blink Fitness | 5% |
| Herbal Magic | |
| Year Founded | |
| Blink Fitness | 2010 |
| Herbal Magic | 0 |
| Year Franchised | |
| Blink Fitness | 2015 |
| Herbal Magic | 0 |
| Term Of Agreement | |
| Blink Fitness | |
| Herbal Magic | |
| Renewal Fee | |
| Blink Fitness | |
| Herbal Magic | |
Business Experience Requirements |
|
| Experience | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
| Herbal Magic | We are seeking dedicated and motivated owner/operators who intend on being active in the day-to-day operation of their centre. Unlike most other franchises, we do not require candidates with specific entrepreneurial experience or industry qualifications. Based on a proven formula for success, we specialize in assisting new franchise owners achieve what many others already have. |
Financing Options |
|
| Franchise Fees | |
| Blink Fitness | No |
| Herbal Magic | No |
| Start-up Costs | |
| Blink Fitness | |
| Herbal Magic | |
| Equipment | |
| Blink Fitness} | |
| Herbal Magic | |
| Inventory | |
| Blink Fitness | |
| Herbal Magic | |
| Receivables | |
| Blink Fitness | |
| Herbal Magic | |
| Payroll | |
| Blink Fitness | |
| Herbal Magic | |
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. |
| Herbal Magic | Much like our successful weight loss program formula, your franchise will thrive on passion, commitment, and personal attention. We will provide you with the tools to run a fulfilling and profitable business. It all starts with a valuable two-day Orientation at the Herbal Magic Corporate Office in London, Ontario. During this time you will be fully trained by our Management team and expert staff on: * Site planning/centre specifications * General business and administrative procedures * Hiring practices * Marketing and advertising ideas and strategies You will then be required to attend one week of classroom training where you'll learn everything about our products, in-store policies and procedures, and best practices. |
| 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. |
| Herbal Magic | During your grand opening week, one of our Corporate Franchise Service Representatives will be on-site to provide additional training specific to you, your centre, and your staff. In addition to the initial training, Herbal Magic provides support through all stages of your new business venture, including: * Site selection assistance * Lease negotiation assistance * Store layout blueprinting * Store leasehold and renovations assistance * Grand opening advertising support * Frequent training seminars * Monthly sales and performance analysis of your centre |
| Marketing | |
| Blink Fitness | |
| Herbal Magic | |
| Operations | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
| Herbal Magic | |
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 |
| Herbal Magic | |
| Canada Expansion | |
| Blink Fitness | |
| Herbal Magic | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Blink Fitness | |
| Herbal Magic | |