Start-Up Costs and Fees |
||
| Blink Fitness | IM=X Pilates Studio | |
| Investment | 637000 - 2150000 | 66000 - 150000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | Varies |
| Advertising Fee | 5% | |
| Year Founded | 2010 | 1994 |
| Year Franchised | 2015 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Blink Fitness | IM=X Pilates Studio | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | Industry experience |
Financing Options |
||
| Blink Fitness | IM=X Pilates Studio | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Blink Fitness | IM=X Pilates 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. | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | Number of employees required > about 20 Owner/operator required Absentee ownership allowed | |
Expansion Plans |
||
| Blink Fitness | IM=X Pilates 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Blink Fitness | |
| IM=X Pilates Studio | |
| Franchise Fee | |
| Blink Fitness | |
| IM=X Pilates Studio | |
| Royalty Fee | |
| Blink Fitness | 5% |
| IM=X Pilates Studio | Varies |
| Advertising Fee | |
| Blink Fitness | 5% |
| IM=X Pilates Studio | |
| Year Founded | |
| Blink Fitness | 2010 |
| IM=X Pilates Studio | 1994 |
| Year Franchised | |
| Blink Fitness | 2015 |
| IM=X Pilates Studio | 2003 |
| Term Of Agreement | |
| Blink Fitness | |
| IM=X Pilates Studio | 10 years |
| Renewal Fee | |
| Blink Fitness | |
| IM=X Pilates Studio | |
Business Experience Requirements |
|
| Experience | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
| IM=X Pilates Studio | Industry experience |
Financing Options |
|
| Franchise Fees | |
| Blink Fitness | No |
| IM=X Pilates Studio | No |
| Start-up Costs | |
| Blink Fitness | |
| IM=X Pilates Studio | |
| Equipment | |
| Blink Fitness} | |
| IM=X Pilates Studio | |
| Inventory | |
| Blink Fitness | |
| IM=X Pilates Studio | |
| Receivables | |
| Blink Fitness | |
| IM=X Pilates Studio | |
| Payroll | |
| Blink Fitness | |
| IM=X Pilates 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. |
| IM=X Pilates 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. |
| IM=X Pilates Studio | Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Blink Fitness | |
| IM=X Pilates Studio | Co-op advertising, Ad slicks, National media |
| Operations | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
| IM=X Pilates 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 |
| IM=X Pilates Studio | |
| Canada Expansion | |
| Blink Fitness | |
| IM=X Pilates Studio | |
| International Expansion | |
| Blink Fitness | |
| IM=X Pilates Studio | |