Rank no.270 – Retro Fitness – US
Products & Services: Health club
Number of Locations: 88
Total Investment: $861.25K – 1.51M
Began Franchising: 2006
About Retro Fitness
Founded by Eric Casaburi in 2002, New Jersey-based Retro Fitness began franchising in 2006. Retro Fitness gyms feature cardio equipment, circuit training equipment, movie theaters that play ’80’s films, weights, personal training, tanning, group fitness, a Retro Blends smoothie bar, supplements, and chiropractic services.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $69,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $1,500,000
Liquid Cash Available: $300,000
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10 – 20. Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|
How This Franchise Supports Franchisees
Franchise Ranking History
Retro Fitness is our mission to provide “MORE FOR LESS!" to all of our members. We are looking for potential club owners who share the same passion for the Fitness Industry as we do and have a serious desire to create a Facility one step above the competition.
The Founders of Retro Fitness have been in the Fitness Industry for over 20 years and know that it is the same elements needed for creating a successful facility that will enable them to build a strong brand, Service and Support.
Please read through the the Retro Difference & the Retro Support pages before going to the Next Step and filling out our licensing information request form. We ask for serious inquiries only so we may provide the best possable support.