Blink Fitness vs Slim & Fit Franchise Comparison

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

Start-Up Costs and Fees

 
Blink Fitness Franchise
Slim & Fit Franchise
Investment $637,000 - $2,150,000$56,100 - $132,500
Franchise Fee $10,000 - $40,000$30,000
Royalty Fee 5%5% down to 3%
Advertising Fee 5%3% local
Year Founded 2010-
Year Franchised 2015-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

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

Financing Options

 
Blink Fitness Franchise
Slim & Fit Franchise
  In-House/3rd PartyIn-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

 
Blink Fitness Franchise
Slim & Fit 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. -
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

 
Blink Fitness Franchise
Slim & Fit Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion No-

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 Slim & Fit

The health and fitness market is highly fragmented. There is substantial opportunity for sustained growth within this segment which in itself is a Multi-Billion Dollar Booming Industry. Current health care legislation will focus even more attention on those overweight as obesity is quickly replacing smoking as the public health enemy number one of the future. Weight loss alone in the United States is a $100+ billion dollar industry annually. It is estimated that more than 2 our of 3 Americans are 30+ pounds overweight. Industry Growth in servicing the demand in this sector is projected to $500 million in the next 4 years from over 100 million potential new customers. We are looking for franchisees to help us "go out and get the country in great shape." We encourage you to review this entire website as it contains information about our business system as well as our product and service offerings. Once you have reviewed our website, it will be time to speak with our sales and marketing staff to help you qualify to become one of our franchisees.