Start-Up Costs and Fees |
||
| Fitness Together | Blink Fitness | |
| Investment | 189162 - 328576 | 637000 - 2150000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 5% |
| Year Founded | 1984 | 2010 |
| Year Franchised | 1996 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fitness Together | Blink Fitness | |
| Experience | Industry experience | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
||
| Fitness Together | Blink Fitness | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Fitness Together | Blink Fitness | |
| Training | Classroom Training: 40 hours | 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 | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
||
| Fitness Together | Blink Fitness | |
| 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 | |
| Fitness Together | |
| Blink Fitness | |
| Franchise Fee | |
| Fitness Together | |
| Blink Fitness | |
| Royalty Fee | |
| Fitness Together | 6% |
| Blink Fitness | 5% |
| Advertising Fee | |
| Fitness Together | 2% |
| Blink Fitness | 5% |
| Year Founded | |
| Fitness Together | 1984 |
| Blink Fitness | 2010 |
| Year Franchised | |
| Fitness Together | 1996 |
| Blink Fitness | 2015 |
| Term Of Agreement | |
| Fitness Together | 10 years |
| Blink Fitness | |
| Renewal Fee | |
| Fitness Together | 25% of current franchise fee |
| Blink Fitness | |
Business Experience Requirements |
|
| Experience | |
| Fitness Together | Industry experience |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
|
| Franchise Fees | |
| Fitness Together | No |
| Blink Fitness | No |
| Start-up Costs | |
| Fitness Together | |
| Blink Fitness | |
| Equipment | |
| Fitness Together} | |
| Blink Fitness | |
| Inventory | |
| Fitness Together | |
| Blink Fitness | |
| Receivables | |
| Fitness Together | |
| Blink Fitness | |
| Payroll | |
| Fitness Together | |
| Blink Fitness | |
Training & Support |
|
| Training | |
| Fitness Together | Classroom Training: 40 hours |
| 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. |
| Support | |
| Fitness Together | Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 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. |
| Marketing | |
| Fitness Together | Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Blink Fitness | |
| Operations | |
| Fitness Together | International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
|
| US Expansion | |
| Fitness Together | 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 |
| 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 |
| Canada Expansion | |
| Fitness Together | |
| Blink Fitness | |
| International Expansion | |
| Fitness Together | |
| Blink Fitness | |