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Below is an in-depth analysis and side-by-side comparison of Blink Fitness vs Form YOU 3 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $637,000 - $2,150,000 | $33,000 - $43,000 |
Franchise Fee | $10,000 - $40,000 | $15,000 |
Royalty Fee | 5% | - |
Advertising Fee | 5% | - |
Year Founded | 2010 | - |
Year Franchised | 2015 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | 5+ years of relevant business experience or operator with that level of experience | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | 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 | 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 | - | - |
Operations | Number of employees required > about 20 Owner/operator required Absentee ownership allowed | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Blink Fitness is perfectly positioned at the premium end of the value segment. Blink brings a unique positioning to the segment by addressing common consumer barriers to joining a gym.
Most people believe that gyms aren't for people like them; they're for people with hard bodies like the ones shown in most gym advertising. Blink has removed the barriers of working out at a gym by celebrating the positive emotions people get from exercise.
*We're MOOD LIFTERS TM who greet you with enthusiasm and treat you with respect
*Our gym design is colorful, bright, and open
*We have an everyone cleans philosophy so our gyms are always spotless
*We specifically select energizing music that will keep you motivated
*We offer training programs that boost confidence, not your wallet.
Form YOU 3 Weight Loss Centers has been a leader
in the weight loss industry since 1982. Millions of dieters,
just like you, have achieved tremendous success on our weight loss,
weight management and nutrition programs with our high quality products
and comprehensive member support system.
Form YOU 3 takes an integrated approach to weight loss. We offer two
separate programs to fit members' individual weight loss needs. Our
Traditional Program consists of food exchanges that provide a healthy
diet and allow members to enjoy wholesome, natural, grocery store foods
while still losing weight. Our new Form YOU FastTM Program is a
nutrient-rich meal replacement program that offers aggressive weight
loss and is often suited to members' active lifestyles. Our support
system offers one-on-one guidance, behavioral modification techniques,
weight management classes (in select locations), and motivational and
nutritional tips. Form YOU 3 helps members to lose weight successfully
and keep it off. Members learn to apply the skills they have been taught
to change unhealthy food behavior patterns and develop a positive
mindset to achieve and maintain a healthy body weight!