Start-Up Costs and Fees |
||
| Soldierfit | Blink Fitness | |
| Investment | 144950 - 305495 | 637000 - 2150000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 5% |
| Advertising Fee | 5% | |
| Year Founded | 2007 | 2010 |
| Year Franchised | 2015 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Soldierfit | Blink Fitness | |
| Experience | Prior experience in the fitness industry may be helpful, but is not a requirement. The ideal candidate will have an interest in fitness and the desire to help people in their communities to get fit. We also prefer franchise owners who will be directly involved in the full-time operations and growth of their Soldierfit franchises. In turn, we'll provide the support franchisees need to run their businesses. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
||
| Soldierfit | Blink Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Soldierfit | Blink Fitness | |
| Training | We provide comprehensive training in critical areas, including business management, sales and member retention, fitness training programs, equipment purchasing and usage, hiring and retaining staff, marketing and promotional activities, and much more. | 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 | Our highly skilled and experienced corporate team is fully committed to helping you build and boost your business. And we will be available to you via phone, text, or email to answer your questions, troubleshoot, or discuss your business' progress and future. And of course we will conduct periodic visits to provide ongoing advice and counsel to help you continue to grow your business the Soldierfit way. | 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 | You'll get our expert guidance with advertising, promotions, social media and more. Our corporate website helps drive business to your local franchise 24/7. Plus, you'll benefit from combined franchisee dollars in our system-wide marketing fund. | |
| Operations | Number of employees required > about 20 Owner/operator required Absentee ownership allowed | |
Expansion Plans |
||
| Soldierfit | 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Soldierfit | |
| Blink Fitness | |
| Franchise Fee | |
| Soldierfit | |
| Blink Fitness | |
| Royalty Fee | |
| Soldierfit | 7% |
| Blink Fitness | 5% |
| Advertising Fee | |
| Soldierfit | |
| Blink Fitness | 5% |
| Year Founded | |
| Soldierfit | 2007 |
| Blink Fitness | 2010 |
| Year Franchised | |
| Soldierfit | 2015 |
| Blink Fitness | 2015 |
| Term Of Agreement | |
| Soldierfit | |
| Blink Fitness | |
| Renewal Fee | |
| Soldierfit | |
| Blink Fitness | |
Business Experience Requirements |
|
| Experience | |
| Soldierfit | Prior experience in the fitness industry may be helpful, but is not a requirement. The ideal candidate will have an interest in fitness and the desire to help people in their communities to get fit. We also prefer franchise owners who will be directly involved in the full-time operations and growth of their Soldierfit franchises. In turn, we'll provide the support franchisees need to run their businesses. We do, of course, also expect that franchisees have the right amount of capital to invest in the business. |
| Blink Fitness | 5+ years of relevant business experience or operator with that level of experience |
Financing Options |
|
| Franchise Fees | |
| Soldierfit | |
| Blink Fitness | |
| Start-up Costs | |
| Soldierfit | |
| Blink Fitness | |
| Equipment | |
| Soldierfit} | |
| Blink Fitness | |
| Inventory | |
| Soldierfit | |
| Blink Fitness | |
| Receivables | |
| Soldierfit | |
| Blink Fitness | |
| Payroll | |
| Soldierfit | |
| Blink Fitness | |
Training & Support |
|
| Training | |
| Soldierfit | We provide comprehensive training in critical areas, including business management, sales and member retention, fitness training programs, equipment purchasing and usage, hiring and retaining staff, marketing and promotional activities, and much more. |
| 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 | |
| Soldierfit | Our highly skilled and experienced corporate team is fully committed to helping you build and boost your business. And we will be available to you via phone, text, or email to answer your questions, troubleshoot, or discuss your business' progress and future. And of course we will conduct periodic visits to provide ongoing advice and counsel to help you continue to grow your business the Soldierfit way. |
| 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 | |
| Soldierfit | You'll get our expert guidance with advertising, promotions, social media and more. Our corporate website helps drive business to your local franchise 24/7. Plus, you'll benefit from combined franchisee dollars in our system-wide marketing fund. |
| Blink Fitness | |
| Operations | |
| Soldierfit | |
| Blink Fitness | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
Expansion Plans |
|
| US Expansion | |
| Soldierfit | |
| 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 | |
| Soldierfit | |
| Blink Fitness | |
| International Expansion | |
| Soldierfit | |
| Blink Fitness | |