OWN A RETRO?
AVERAGE GROSS SALES PER UNIT FOR THE TOP 10% OF RETRO FITNESS CLUBS
AVERAGE EBITDA REPORTED BY TOP 10% OF RETRO FITNESS FRANCHISE OWNERS
AVERAGE NUMBER OF MEMBERS FOR THE TOP 10% OF RETRO FITNESS CLUBS
AVERAGE REVENUE PER SQUARE FOOT FOR THE TOP 10% OF RETRO FITNESS CLUBS
The top 10% of Retro Fitness Clubs Avg. Gross Sales, Avg. EBITDA and Avg. Rev. Per Sq. Ft. numbers as published in Item 19 of the Retro Fitness 2019 Franchise Disclosure Document. Read Item 19 in its entirety for important defined terms, assumptions and qualifiers relating to these figures. Franchise offering made by prospectus only, view our Franchise Disclosure Document for details.
Retro Fitness was at the forefront of the high value/low price (HVLP) movement and remains an industry leader today, which is why our process can be completed as quickly as your schedule will allow.
Once the agreement is executed, our team of seasoned experts can help you find an ideal location, negotiate the lease, build and equip the center, then hand you the keys.
COMPLETE OUR APPLICATION
REVIEW THE FDD
MEET THE TEAM
EXECUTE THE AGREEMENT
- Comprehensive assistance in site selection
- Prototypical design and conceptual layout
- Virtual and in-person training for franchisees and key managers
- Initial management training and ongoing business consultation
- Pre-sale support on how to best recruit and acquire members prior to grand opening
- Access to corporate management team for business review and performance analysis
- Regular consultation visits
- Dedicated marketing staff ready to assist with marketing and social media planning
- Vendor partnerships and negotiated pricing assistance with major brands like Life Fitness®
ONE OF A KIND
Retro Fitness gyms provide a unique combination of an affordable, $19.99 per month membership with state-of-the-art fitness facilities that feature 35-65 pieces of cardio equipment with personal LCD television screens, three different types of circuit training equipment, Retro Blends Smoothie Bar, child sitting, tanning, hydromassage recovery lounges and pro shop. Add in personal and multiple group training options and Retro Fitness is way more than just your average gym, offering a one-stop shop fitting any fitness enthusiast’s budget.
RETRO FITNESS IN THE NEWS
Retro Fitness has been consistently recognized as one of the nation’s top franchises by numerous publications. This is the primary reason why our franchise opportunity has been talked about in Entrepreneur Magazine, Forbes, Rolling Stone and The Wall Street Journal along with being featured on MTV, CNN, Fox News and the hit CBS reality series Undercover Boss. See below for the latest news about Retro Fitness.
- Restaurant Owners Eye New Franchise Opportunities in Fitness Amid Labor Challenges – February 10, 2020
- Fitness Franchises Stepping in to Generate Foot Traffic at Retail Centers – January 30, 2030
- Retro Fitness Donates 300 New York Yankees Tickets to New York City Schools – September 13, 2019
- Retro Fitness Names Former Starbucks Exec CEO – July 29, 2019
- How Angel Athenas Became One of the Strongest Special Olympics Powerlifters in the World – June 27, 2019
- New High-Tech, Low-Cost Fitness Center Coming to Chicago – June 20, 2019
- How my Internship Led Me to Become Managing Partner – May 21, 2019
- Retro Fitness Continues to Expand in East Coast States – February 22, 2019
- Fitness Franchise Retro Inks Agreements for New Jersey, Pennsylvania, North Carolina & Florida – January 29, 2019
- See more articles
When was Retro Fitness founded?
Retro Fitness was founded in 2005 and began franchising in 2006.
How many locations does Retro Fitness have?
Retro Fitness currently has more than 140 franchise locations open with dozens more in various stages of development.
What territories are available?
There are potential territories available in all 50 states.
How many Retro Fitness franchisees own multiple locations?
More than 55% of existing Retro Fitness franchisees own or have committed to own more than one location.
Do you have an earnings claim?
Yes, it is included in our Business Model eBook, which you can download here.
What build out options exist for a Retro Fitness location?
The model is highly transferable to various venues to include inline and free-standing buildings in retail, residential and industrial areas.
How much does it cost to open a Retro Fitness franchise?
The total project cost of a Retro Fitness club varies from $944,250 to $1,592,500 depending on the size of the space.
What is the estimated initial cash or liquid assets I will need to have?
You will need minimum liquid assets of $500k and a net worth of $1.5MM either individually or cumulatively amongst a group of investors to obtain necessary bank financing.
Does Retro Fitness assist in the design and equipping of my gym?
Yes, Retro Fitness has a “Design Standards Manual” sample floor plan designs and architectural resources to assist in keeping the consistency of the Retro Fitness brand the same throughout the franchise system. In addition, Retro Fitness has a standard equipment package from the industry’s leading manufacturers with substantial discounts to ensure the member experience is similar across all Retro clubs.
Do you offer training?
Yes, we provide training for opening and ongoing operation of your Retro Fitness club. It begins with eight days of training at our corporate headquarters, followed by another eight days of training at your location. Then we stay connected through regular training of your management and staff.
What is the availability of a Retro Fitness location in my area?
Retro Fitness locations are available in all 50 states. The availability of territories will be discussed in full detail prior to signing a franchise agreement.
What are the size requirements for a Retro Fitness?
A typical Retro Fitness outlet is approximately 15,000 to 17,000 square feet and is determined based upon site availability in your preferred market.
Do I need to have prior experience in the gym or fitness industry?
No. In fact, many of our franchisees come from diverse industries and backgrounds with little to no previous industry experience. We will help you hire and train a qualified, knowledgeable team of fitness professionals to best manage club operations.
What are the ongoing royalty fees a franchisee must pay?
5% royalty from the franchised outlet’s total gross revenue.
How much money can I make?
Profitability will vary considerably depending upon such factors as: location, operating costs, financing terms, your ability to manage and control the business, sales and other factors. We do not predict sales or profits for any new locations. We encourage you to discuss this with existing franchisees and your personal advisors.
Will Retro help with the financing process for opening a franchise?
Yes, our dedicated financial broker will work with you in reviewing your finances to determine the best products and services available for financing your Retro Fitness franchise through a network of lenders.
Ready to own a Retro?
Take the first step by filling out the form below or call us directly at 732-431-0062
You will need a Net Worth of $1,500,000 and maintain $500,000 in liquidity either individually or cumulatively amongst a group of investors in order to meet minimum financial requirements for a Retro Fitness franchise.