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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$607K - $2.1M
Units as of 2020
107 Increase 94.5% over 3 years

Blink Fitness is a health and fitness franchise focused on more than just how exercise makes you look. Instead, the founders at Blink Fitness wanted to help customers become motivated by how exercise makes them feel.

The company first opened its doors in 2011. In 2015, Blink Fitness started franchising the brand. Now, it has over 100 U.S. locations. Several of those locations are operated by franchisees. The company wants to continue to expand, reach more customers, and help them find joy in fitness.

Why You May Want To Start a Blink Fitness Franchise

As Blink Fitness expands the company, they are looking for franchisees passionate about health and fitness. Franchisees do not need to have previous experience in the industry, though everyone is welcome to apply for a Blink Fitness franchise.

Potential Blink Fitness franchisees generally need to be good team leaders, have excellent customer service skills, and exhibit good time management skills. Franchisees will need to interact with team members and customers, so being personable and professional is necessary.

What Might Make a Blink Fitness Franchise a Good Choice?

Blink Fitness wants to help everyone feel welcome by offering a gym that focuses on how exercise makes you feel rather than simply how you look. Blink Fitness also provides bodyweight circuit training, kettlebells, medicine balls, foam rollers, resistance bands, and more.

Blink Fitness knows that customers are not always able to get to the gym. As such, customers have access to more than 500 classes, workouts, tips, recipes, and more through the Blink Fitness app. Customers at Blink Fitness can also access Facebook Live workouts and virtual personal training with certified trainers.

To be part of the Blink Fitness team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

Blink Fitness has partnered with third-party financial lenders that may help cover the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll if you meet the qualifications.

How To Open a Blink Fitness Franchise

Before signing any agreements with Blink Fitness, franchisees need to do their own research. This research should probably include possible locations, information about target customers, potential employees to hire, competition in the area, and more.

Franchisees should also write down questions they may have about the company. When potential franchisees meet with current franchisees and the Blink Fitness management team, these questions are good to have.

If awarded a franchise, franchisees receive a great deal of support from the Blink Fitness brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. Blink Fitness franchisees may also receive hands-on training and continued support after their franchise location has opened.

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Company Overview

About Blink Fitness

Industry Personal-Care Businesses
Related Categories Fitness
Founded 2011
Leadership Todd Magazine, CEO
Corporate Address 386 Park Ave. S., 11th Fl.
New York, NY 10016
Social Facebook, Twitter, Instagram

Business Overview

Franchising Since 2015 (9 years)
# of employees at HQ 106
Where seeking

This company is offering new franchises in the following US states:

This company is offering new franchises in the following international regions:

# of Units 107 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Blink Fitness franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$10,000
Initial Investment Information Circle
$606,800 - $2,119,288
Net Worth Requirement Information Circle
$1,000,000 - $3,000,000
Cash Requirement Information Circle
$350,000 - $400,000
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 93 hours
Classroom Training 33 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
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

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022