How much does a Blink franchise cost? Blink has a franchise fee of up to $10,000, with a total initial investment range of $618,800 to $2,334,100. Initial Franchise Fee: $10,000
| Liquid capital required | $350,000 |
|---|---|
| Net worth required | $1,000,000 - $3,000,000 |
| Investment | $606,800 - $2,119,288 |
| Franchise fee | $10,000 |
| Royalty | 5.0% |
How much does a Blink franchise make?
How many franchise locations do they have?
Can you franchise a blink fitness?
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.
Who is Blink Fitness owned by?
Equinox GroupEquinox Group is an American luxury fitness company which operates several lifestyle brands: Equinox, Equinox Hotels, Precision Run, Project by Equinox, Equinox Explore, Equinox Media, Furthermore, PURE Yoga, Blink Fitness, and SoulCycle.
Are franchise gyms profitable?
Yes, fitness franchises offer great profits but not as much as you might think. According to Investopedia, most franchise owners take home around $50,000 per year, but about 7% of franchise owners earn more than $250,000 per year.
How long has Blink Fitness been in business?
The New York City-based brand was founded by Equinox in 2011 and operates with a low-cost membership model. Currently, 50 Blink Fitness locations are open or in development in New York and New Jersey.
Who is the CEO of Blink Fitness?
Todd Magazine -Todd Magazine - Chief Executive Officer - Blink Fitness | LinkedIn.
Is it worth buying a gym franchise?
A gym franchise gets most of its revenue from membership fees, but it can also provide plenty of other ways to earn extra income. Personal training, classes, selling gym apparel, consumables and health and weight-loss products are just some of these ways.
Do gym owners make money?
According to a report by ZipRecruiter, a Gym Owner in the USA can make anywhere from $17,000 to $187,500 per year depending on the above-mentioned factors. A good average would be $69,794 per year which makes $5,816 per month. These figures can also vary due to the area or state in which the gym is operating in.
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Is Blink owned by Equinox?
Blink is a wholly-owned subsidiary and is a sister brand to Equinox, Soul Cycle, Pure Yoga, Rumble Boxing, and Equinox Hotels. The Blink Corporate office is based in Manhattan.
How do I contact Blink Fitness Corporate?
Call us: 781-332-5465 or you can call our toll free number 1-833-392-5465.
How do I cancel my blink fitness membership?
Blink accepts cancellation online via our member portal; by personal delivery of a written notice at any club at which you are a member. To process your request, your request to cancel should include your full name, membership ID number, and contact information.
Does blink gym have an app?
The Blink App challenges the one-size-fits-all gym philosophy. Exercise and exhale better with content from dozens of our partners, including Aaptiv, Daily Burn, Sworkit, and more. PERSONALIZED FOR YOU - Just answer a few simple questions so we can understand your fitness goals.
How much does a Blink franchise make?
As with any business, profits from a Blink franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 11 franchised Blink locations in the USA.
Overview
To open a location, you should have $350,000 available as liquid capital. Blink Fitness expects new franchisees to have a net worth of at least $1,000,000. The ongoing royalty for Blink Fitness is 5%. $606,800 is the minimum that Blink Fitness expects its owners will need to invest in a new location.
Related
Blink Fitness is listed in the Franchise Directory under the Fitness category. It's also listed in the section for Franchises Under $400,000 .
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.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where Blink Fitness landed on this year’s Franchise 500 Ranking versus previous years.
Blink Fitness
Founded in 2011, Blink Fitness is a premium quality, value-based fitness brand with more than 70 locations open or in development throughout New York, New Jersey, Pennsylvania and California.
About Blink Fitness
Founded in 2011, Blink Fitness is a premium quality, value-based fitness brand with more than 70 locations open or in development throughout New York, New Jersey, Pennsylvania and California. Blink Fitness puts Mood Above Muscle™ which celebrates the positive feeling you get from exercise, not just the physical benefits.
Available Franchise Opportunities
While Blink Fitness is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.
Does Amazon have a blink plan?
Purchasing a Blink Subscription Plan through Amazon. U.S. customers can enjoy Blink Subscription Plans which provide extra features and benefits for Blink devices. Add a Basic Plan which covers one eligible (Blink Mini, Indoor, or Outdoor) camera, or Plus Plan which provides the following benefits for all Blink devices on an account: ...
Does Blink have a warranty?
All Blink Devices: Enjoy extended warranties for subscribed devices, plus get 10% off future purchases of Blink products. Legacy devices such as XT, XT2 and Indoor devices can only subscribe to a Plus plan and receive the 10% discount and an extended warranty on their devices.
How much does a Blink franchise make?
As with any business, profits from a Blink franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise .
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 11 franchised Blink locations in the USA.
