Blink Fitness
Health and fitness centers

About
Founded

2011

Franchising Since

2015 (5 Years)

Corporate Address

386 Park Ave. S., 11th Fl.
New York, NY 10016

Leadership

Todd Magazine, CEO

Financial Requirements
Initial Investment

$606,800 - $2,119,288

Net-worth Requirement

$1,000,000 - $3,000,000

Liquid Cash Requirement

$350,000 - $400,000

Ongoing Fees
Initial Franchise Fee

$10,000 - $10,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

Blink Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

93 hours

Classroom Training:

33 hours

Additional Training:

Webinar

Cost
Initial Investment: Low - $606,800 High - $2,119,288
Units
+24.3%+17 UNITS (1 Year) +70.6%+36 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 17th, 2019