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Below is an in-depth analysis and side-by-side comparison of Blink Fitness vs EduFit 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 | $164,500 - $281,000 |
Franchise Fee | $10,000 - $40,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | 5% | - |
Year Founded | 2010 | 1988 |
Year Franchised | 2015 | 0 |
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.
If you've often dreamed of opening your own personal training studio, EduFit is for you. Be a part of a unique concept in an immense and still growing market! EduFit is a great opportunity. We've developed a system to provide personal training to clients at reasonable prices. We'll provide you with a methodology for fitness studio management, and show you how to run your own location and manage your client base. We'll give you an ideal environment to provide customized exercise and fitness programs to your clients, allowing you to fully leverage you and your staff's training expertise, and maximize the potential revenue and client volume of your business. The EduFit Franchise Program provides you with: * An opportunity that offers an innovative approach to personal training, and sets itself apart from other health clubs * Expertise in managing your own personal training studio, including our unique per-session pricing system, along with our proven business management model and proprietary software. * The ability to work with clients by scheduled appointment only, so there are no crowds and you'll be able to offer tailored exercise programs for each client. * All the support you need to run your business We are looking for people who share in our pursuit and commitment to provide personal training services with a difference.