INVESTING IN
RETRO FITNESS
Retro Fitness is disrupting the gym industry and is focused on building a fitness brand with a purpose. Far more than just weights and cardio, we build a community inside the four walls of our health clubs, while being a fabric of the community outside the four walls of our clubs.
WHAT TYPE OF
INVESTOR ARE YOU?
WEBINARS
Reserve your spot today for an interactive and informative presentation about how you can get started in becoming a franchisee of your very own Retro Fitness Health and Fitness club.
REGISTER TO ATTENDEMERGING MARKET AVAILABILITY
REAL ESTATE
Do you own or manage a 15k square foot location you think would make a great location for a Retro Fitness Health and Fitness Club? Let us know.
why retro
is a strong
Investment
for every
Portfolio
FINANCIAL
INVESTMENT
NET-WORTH
$2M
LIQUID CAPITAL
$500K
TOTAL START-UP COST
$1.5M – $1.7M
FRANCHISEE FEE
$29K
ROYALTY FEE
5%
MARKETING BRAND/FUND
2%
THE FRANCHISE
JOURNEY
Become a part of Retro Fitness Journey to growth and success.
An Exciting
Franchise Opportunity
Retro Fitness is a hometown gym dedicated to building a strong community within the four walls of the club while being a fabric of the community outside. All this is done while providing exceptional return on investment for our owners. Our fitness concept has been recognized as one of the nation’s top franchise opportunities by numerous publications, earning write-ups in Forbes, Entrepreneur Magazine, and The Wall Street Journal.
Retro Fitness is an attractive fitness destination for consumers because of its inclusive community, state-of-the-art equipment, group fitness classes and personal training, and amenities like massage chairs and tanning. It is a one-stop-shop for anyone looking to improve their health in a nurturing environment.
Retro Fitness provides franchisees an opportunity to make their community healthier and happier while also generating a significant return on investment. Thanks to memberships that start at $19.99 per month, owners enjoy recurring revenue. Personalized training, the Retro Blends Smoothie Bar, and merchandise sales create additional revenue streams.
Franchisees fall into two categories — owner-operators who spend a lot of time in their gyms, and investors who hire general managers to handle day-to-day operations. Regardless of which category they fall into, top-performing clubs provide great experiences that deliver great revenue.
DEDICATED
SUPPORT SERVICES
- 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 before the grand opening
- Access to the 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 partners and negotiated price assistance
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 our franchise opportunity has been discussed in Entrepreneur Magazine, Forbes, Rolling Stone and The Wall Street Journal, and being featured on MTV, CNN and Fox News. See below for the latest news about Retro Fitness.
Enterprise Florida Hosts Roundtable with Tervis, Retro Fitness to Discuss Florida’s Business-Friendly Environment
Enterprise Florida, Inc. (EFI) was joined by Rogan Donelly, CEO of Tervis, and Andrew Alfano, CEO of Retro Fitness, to discuss the success businesses are experiencing because of Florida’s decision to remain over the past year. Donelly and Alfano are featured in EFI’s new ‘Built for Opportunity’ Awareness Campaign which launched earlier this month.
Enterprise Florida highlights small businesses thriving thanks to Florida’s approach to the pandemic (The Capitolist)
Andrew Alfano, CEO of Retro Fitness, recaps how Florida set an important precedent by being one of the first states to reopen gyms, which allowed Floridians to regain control of their health and daily routine.
Retro Fitness Launches Join Now Media Agency (PR Newswire)
Retro Fitness, the leader in high-value, low price fitness, announced the launch of Join Now Media – Where Leads Become Joins, an in-house marketing agency created to support franchisees in their marketing efforts across America.
Retro Fitness CEO says gyms are seeing ‘extremely high’ demand from returning members (Fox Business)
Retro Fitness CEO Andrew Alfano discusses vaccine requirements for gyms.
Retro Fitness CEO on going to the gym amid COVID pandemic (Fox Business)
Retro Fitness CEO Andrew Alfano discusses vaccine requirements for gyms.
New City gym holds fundraiser to honor fallen firefighter Jared Lloyd (Brooklyn News 12)
Retro Fitness in New City held a fundraiser called “Lift For A Hero,” in honor of fallen firefighter Jared Lloyd.
Gyms went to the mat for their clients (Queens Chronicle)
Retro Fitness CEO Andrew Alfano noted in a telephone interview that the fitness industry was among the first to be shut down and among the last to be allowed to reopen.
THE FINANCIAL DISTRICT’S BEST GYMS (Blogarama)
Retro Fitness is a gym that’s dedicated to developing a solid community inside the club’s four walls.
Victor Bao of Retro Fitness: 5 Non-Intuitive Ways To Grow Your Marketing Career (Authority Magazine)
Keep going. You will never arrive. Your message will never be complete. Your story evolves. Don’t get stuck. Keep going.
FREQUENTLY
ASKED QUESTIONS
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 120 franchise locations either open or in development.
What territories are available?
There are potential territories available in all 50 states. click here to learn more on availability.
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.
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?
- Net worth: $2M
- Liquid capital: $500,000
- Total startup costs: $1.5MM – $1.8MM
- Franchise fee: $29K
- Royalty fee: 5%
- Marketing/Brand Fund: 2%
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 $2MM 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, in fact Retro Fitness has a complete turnkey solution and will manage the entire construction project from beginning to end, delivering a completely turnkey Retro Fitness.
Do you offer training?
Yes, we provide extensive training for pre-opening, opening and ongoing operation of your Retro Fitness club. It begins with a full week of FIT (Franchisee Initial Training) at our state-of-the-art Retro Fitness Support Center in West Palm Beach, FL, 2 weeks of training on site with you and your staff, and ongoing training, tools and support supplied by Franchise Business Coaches on the ground as well as online solutions such as Retro University.
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.
Request More Information
About Franchise Opportunities
Qualifications: Investors will need $500,000 in liquid capital and $2million in combined net worth to qualify for a franchise. To get started, fill out this form.
