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Liquid capital required
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$350,000
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Net worth required
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$1,000,000 - $3,000,000
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Investment
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$606,800 - $2,119,288
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Franchise fee
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$10,000
|
Royalty
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5.0%
|
Offers Financing
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Yes
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Units in operation
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107
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Founded
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2011
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Franchising Since
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2015
|
To open a Blink FItness location, you should have ₱350,000 available as liquid capital. Blink Fitness expects new franchisees to have a net worth of at least ₱1,000,000. The ongoing royalty for Blink Fitness is 5%. ₱606,800 is the minimum that Blink Fitness expects its owners will need to invest in a new location. ₱2,119,288 is the most that Blink Fitness expects its owners will need to invest in a new location. New Blink Fitness franchisees can expect to pay a ₱10,000 franchise fee for the rights to open their own location. Company operations commenced in 2011. Blink Fitness began awarding franchises in 2015. There is currently a total of 107 units in operation.
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