Start-Up Costs and Fees |
||
| Blink Fitness | HOTWORX Studio | |
| Investment | 637000 - 2150000 | 188070 - 351885 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | $550/mo. |
| Advertising Fee | 5% | |
| Year Founded | 2010 | 2016 |
| Year Franchised | 2015 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Blink Fitness | HOTWORX Studio | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | |
Financing Options |
||
| Blink Fitness | HOTWORX Studio | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Blink Fitness | HOTWORX Studio | |
| 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 | HOTWORX Studio | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Blink Fitness | |
| HOTWORX Studio | |
| Franchise Fee | |
| Blink Fitness | |
| HOTWORX Studio | |
| Royalty Fee | |
| Blink Fitness | 5% |
| HOTWORX Studio | $550/mo. |
| Advertising Fee | |
| Blink Fitness | 5% |
| HOTWORX Studio | |
| Year Founded | |
| Blink Fitness | 2010 |
| HOTWORX Studio | 2016 |
| Year Franchised | |
| Blink Fitness | 2015 |
| HOTWORX Studio | 2017 |
| Term Of Agreement | |
| Blink Fitness | |
| HOTWORX Studio | |
| Renewal Fee | |
| Blink Fitness | |
| HOTWORX Studio | |
Business Experience Requirements |
|
| Experience | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
| HOTWORX Studio | |
Financing Options |
|
| Franchise Fees | |
| Blink Fitness | No |
| HOTWORX Studio | No |
| Start-up Costs | |
| Blink Fitness | |
| HOTWORX Studio | |
| Equipment | |
| Blink Fitness} | |
| HOTWORX Studio | |
| Inventory | |
| Blink Fitness | |
| HOTWORX Studio | |
| Receivables | |
| Blink Fitness | |
| HOTWORX Studio | |
| Payroll | |
| Blink Fitness | |
| HOTWORX Studio | |
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. |
| HOTWORX Studio | |
| 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. |
| HOTWORX Studio | |
| Marketing | |
| Blink Fitness | |
| HOTWORX Studio | |
| Operations | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
| HOTWORX Studio | |
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 |
| HOTWORX Studio | 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 | |
| Blink Fitness | |
| HOTWORX Studio | |
| International Expansion | |
| Blink Fitness | |
| HOTWORX Studio | |