|
Below is an in-depth analysis and side-by-side comparison of Blink Fitness vs Team Spirit Fitness Centers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $637,000 - $2,150,000 | $69,000 |
Franchise Fee | $10,000 - $40,000 | $30,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 5% | - |
Year Founded | 2010 | 2002 |
Year Franchised | 2015 | 2004 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | 5+ years of relevant business experience or operator with that level of experience | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/Yes |
Training & Support |
||
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: 5 days |
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 | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
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.
Exercise & nutrition center formerly known as Intrivah Health & Wellness.
We offer you an exciting career opportunity: owning your own business in the fast growing fitness and nutrition industries using a TEAM approach; providing your clients with healthy exercise and dietary regimens, and enjoying the benefits of a creative company with excellent experience, cutting-edge methodologies, and unmatched business and support systems. We want to award franchises to a select group of qualified individuals. You might be among them. Basically, we are looking for outgoing, energetic individuals who have strong people skills and a passion for a healthy lifestyle that focuses on fitness and nutrition. Our comprehensive training program will equip you with the know-how to administer our programs safely and effectively. In addition to the above, you should be sales, client service, and long-term relationship oriented; display maturity, sound judgment and stability, and have high standards of excellence, honesty, and integrity.