Blink Fitness vs Platoon Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Blink Fitness vs Platoon Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Blink Fitness Franchise
Platoon Fitness Franchise
Investment $637,000 - $2,150,000$29,300 - $40,100
Franchise Fee $10,000 - $40,000$20,000
Royalty Fee 5%6%
Advertising Fee 5%-
Year Founded 20101999
Year Franchised 20152006
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements

 
Blink Fitness Franchise
Platoon Fitness Franchise
Experience 5+ years of relevant business experience or operator with that level of experience -

Financing Options

 
Blink Fitness Franchise
Platoon Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesNo/No
Start-up Costs No/YesNo/No
Equipment No/YesNo/No
Inventory No/YesNo/No
Receivables No/YesNo/No
Payroll No/YesNo/No

Training & Support

 
Blink Fitness Franchise
Platoon Fitness Franchise
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. * Available at headquarters: 2 weeks

* At franchisee's location: 2 months

* Additional training 5 times a year at franchisee's location

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 * Franchise can be run from home

* Number of employees needed to run franchised unit: 2

* Absentee ownership of franchise is allowed.


Expansion Plans

 
Blink Fitness Franchise
Platoon Fitness Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Blink Fitness

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.

 *We Put Mood Above Muscle
 *We’re the first gym to showcase body diversity and engage people who have been disenfranchised by stereotypical fitness ads.

We have proven ourselves as the leader in the premium value fitness sector and have perfected the model so you can run with it.
Our recurring revenue model for the important first three years and beyond is backed by solid statistics.
Median gross sales in years 1 through 3 at existing company-operated locations are impressive.
 *How we know our model works - We've created a highly affordable, premium-quality member experience across all our company-owned clubs that has achieved:
 + Success across a wide range of demographics, psychographics and markets (urban and suburban) in the NY Metro area
+ More than 200,000 members who love us. (Just read the Yelp reviews!)

About Platoon Fitness

Can you devote the same focus to our franchise as our workout teams do to their fitness? If so, that's the kind of franchisee we're looking for! Platoon Fitness

That's right just like one of our workout teams, we expect our franchise team to be on board with the program 100%. There's simply no point in becoming a part of the team if you are not prepared to put in the effort and keep a sharp focus on the key factors needed to reach our franchise goals. The reason for our company's phenomenal success is no accident. Years of planning, testing, adjusting and refining have taught us many of the pitfalls of business ownership and allowed us to continually improve and learn through experience. A Platoon Fitness franchisee needs a clear mind to focus on the most important task at hand: running a successful business.