Blink Fitness FDD Summary
Type of Business
The franchise offered is to operate a health and fitness center under the “BLINK®” name and other trademarks providing cardiovascular and strength training equipment and related products and services.
Corporate Information
Blink Fitness Franchising, Inc. is a Delaware corporation. Their principal business address is 386 Park Avenue South, 11th Floor, New York, New York 10016. They have offered franchises and development rights for Blink Fitness Gyms since April 2015.
Investment
The total investment necessary to begin operation of a Blink Fitness Gym is $636,800 to $2,090,288. This includes $46,400 that must be paid to the franchisor or affiliate. If you want development rights, you must pay the franchisor a development fee equal to $25,000 for each Blink Fitness Gym you commit to develop (if 3 or 4 Gyms); $100,000 if you commit to develop 5 Blink Fitness Gyms; and $100,000 plus $10,000 for each of the 6th and each successive Blink Fitness Gym if you commit to develop 6 or more Blink Fitness Gyms.