|
Below is an in-depth analysis and side-by-side comparison of Blink Fitness vs The SuperSlow Zone 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 | $98,700 - $186,500 |
Franchise Fee | $10,000 - $40,000 | $30,000 - $35,000 |
Royalty Fee | 5% | Varies |
Advertising Fee | 5% | - |
Year Founded | 2010 | 2004 |
Year Franchised | 2015 | 2004 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | 5+ years of relevant business experience or operator with that level of experience | Are you energized by helping people become stronger and healthier? Does the excitement of growing a business sound good to you? Do you want to earn top pay to go with your success? These are the qualities we seek. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
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, Available at franchisee's location, Web-based training available |
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. | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Purchasing cooperatives |
Marketing | - | Ad slicks, Regional advertising |
Operations | Number of employees required > about 20 Owner/operator required Absentee ownership allowed |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | 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.
SuperSlow Zone is an innovative franchise that is revolutionizing health and wellness by providing exceptional professional fitness services. While we have a tremendous, one of a kind business model in a huge and high growth industry, we are advocates for adults 55+ years old, and always put our clients first. According to US Census Bureau, 21% of today's US population is 55+ years old, by 2019, the last baby boomers turn 55, and the 55+ population will grow to 29%. That's about 90 million people reflecting on their health and quality of life as they continue to age. The Market is growing with the increasing population of aging adults and people in need of specific exercise options related to their personal health and wellbeing without injuries or severe wear and tear on your body.SuperSlow Zone has a solution for this growing customer base with the proprietary process and platform offering amazing health benefits with the supervision and structure to facilitate safe exercise as well. SuperSlow Zone is an exclusive professional fitness service company that provides a unique 20 minute full body workout, 1 - 2 time per week, always one on one instruction, by appointment only, in your normal daily clothes. And, SuperSlow Zone guarantees Maximum Results in Minimum Time. As the only, professional fitness service for health and well-being for all adults, SuperSlow Zone is quickly becoming one of the most important franchise opportunities in the United States. Opening a SuperSlow Zone franchise means you are joining a professional team that is dedicated to "health and quality of life" for members of your community by supporting the growth of your own business.