Start-Up Costs and Fees |
||
| Blink Fitness | Profile by Sanford | |
| Investment | 637000 - 2150000 | 388500 - 634500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 5% | 2% |
| Year Founded | 2010 | 2012 |
| Year Franchised | 2015 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Blink Fitness | Profile by Sanford | |
| Experience | 5+ years of relevant business experience or operator with that level of experience | |
Financing Options |
||
| Blink Fitness | Profile by Sanford | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Blink Fitness | Profile by Sanford | |
| 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. | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually |
| 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. | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of employees required > about 20 Owner/operator required Absentee ownership allowed | Number of Employees Required to Run: 5 |
Expansion Plans |
||
| Blink Fitness | Profile by Sanford | |
| 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 | 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 | |
| Profile by Sanford | |
| Franchise Fee | |
| Blink Fitness | |
| Profile by Sanford | |
| Royalty Fee | |
| Blink Fitness | 5% |
| Profile by Sanford | 5% |
| Advertising Fee | |
| Blink Fitness | 5% |
| Profile by Sanford | 2% |
| Year Founded | |
| Blink Fitness | 2010 |
| Profile by Sanford | 2012 |
| Year Franchised | |
| Blink Fitness | 2015 |
| Profile by Sanford | 2014 |
| Term Of Agreement | |
| Blink Fitness | |
| Profile by Sanford | |
| Renewal Fee | |
| Blink Fitness | |
| Profile by Sanford | |
Business Experience Requirements |
|
| Experience | |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
| Profile by Sanford | |
Financing Options |
|
| Franchise Fees | |
| Blink Fitness | No |
| Profile by Sanford | No |
| Start-up Costs | |
| Blink Fitness | |
| Profile by Sanford | |
| Equipment | |
| Blink Fitness} | |
| Profile by Sanford | |
| Inventory | |
| Blink Fitness | |
| Profile by Sanford | |
| Receivables | |
| Blink Fitness | |
| Profile by Sanford | |
| Payroll | |
| Blink Fitness | |
| Profile by Sanford | |
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. |
| Profile by Sanford | On-The-Job Training: 228 hours Classroom Training: 32 hours Additional Training: 15 hours annually |
| 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. |
| Profile by Sanford | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Blink Fitness | |
| Profile by Sanford | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
| Profile by Sanford | Number of Employees Required to Run: 5 |
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 |
| Profile by Sanford | 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 | |
| Profile by Sanford | 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 | |
| Profile by Sanford | |