Retro Fitness - Franchise
Franchise Owners of Retro Fitness can count on predictable monthly income from membership base, along with multiple revenue centers. Learn more about the costs, benefits, and available locations today!
What Does a Retro Fitness Franchise Cost?
To buy a franchise with Retro Fitness, you'll need to have at least liquid capital of $500,000 and a minimum net worth of $2,000,000. Franchisees can expect to make a total investment of $1,500,000 - $1,700,000. They also offer financing via 3rd party as well as a discount for veterans. *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $500,000 What does Liquid Capital mean? |
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Net Worth: | $2,000,000 What does Net Worth mean? |
Total Investment: | $1,500,000 - $1,700,000 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | Yes, Discount off of the Franchise Fee |
SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
Total Units: | 140 |
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Home Office: | West Palm Beach, FL |
Year Founded: | 2005 |
Franchising Since: | 2006 |
About Us
Retro Fitness is More Than Your Average Gym Franchise. 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 Good Morning America, Cheddar, CNN, Fox News and the hit CBS reality series Undercover Boss.
Retro Fitness provides first-time business owners and experienced franchise operators a compelling way to become a part of the burgeoning health and wellness industry in the U.S. Because of Retro Fitness innovation, strong operations support, and proven gym model it has grown to more than 140 gyms locations in 15 states and has over 400,000 members.
Why Invest in Retro Fitness
- Members love Retro Fitness Brand wherever we are present
- Retro Fitness Health and Fitness Clubs range from 15,000 to 18,000 sq. ft. as the best footprint for gyms
- All Health and Fitness Clubs are value engineered to maximize space and profit while delivering best-in-class member experiences
- $19.99 and $29.99 monthly membership fees provide strong recurring revenue
- Personal training, retail, and food and beverage revenues drive ancillary profits
Continuous Support
- Our Real Estate Team will show you the best sites in each market
- We provide you with the blueprints and design of your club
- Continuous training for you and your staff
- Franchise Business Coaches are in your club weekly to help you with day-to-day training
- Full in-house marketing agency getting you members so you can focus on the member experience
- 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 partners and negotiated price assistance
Being an Owner Operator is the Best Job You'll Ever Have
- Take your first step into business ownership with the help of a world class brand partner
- Retro Provides a suite of services to assist your every step including real estate site selection, construction oversight, operational guidance and local marketing
- Re-occurring revenue with strong margins, No other HLVP concept has the ability to learn above and beyond the predictable monthly income from membership like Retro
- Monthly predictive re-occurring revenue from day one.
- Create wealth situation for you and your family.
- Real Estate opportunities are plentiful due to the economic impact on retail, real estate has never been so attractive and affordable.
- Our Team of experts are here to handle all aspects of club development for you. Every step of the way during every phase.
Make Your Investment Count
- Looking for your next franchise opportunity? Retro Fitness allows owners to diversify their portfolio with a membership model that is recession resilient and doesn’t fluctuate due to cost of goods or high labor costs.
- The High Value, Low Price space is booming with costumers looking to get more value from their fitness experience and pay less than expensive boutiques and big box clubs.
- We are engaged in a rapid growth model attracting institutional investors to grow out emerging and infill markets.
- Our exciting growth vision features multiple entry points for the model including white space opportunities, infill in existing markets, resales and funding strong franchisees.
- Our new executive leadership team has years of experience working with Private Equity Funds to full expansion and high multiple returns on investment putting us in the position to be the next big brand in Fitness.
People Love Retro Fitness
It’s all about the Retro Fitness brand. Not only are we the high value low priced brand on the market, but we resonate with members offering super high value with state-of-the-art fitness facilities that feature tons of cardio equipment, three different types of circuit training equipment, Retro Blends Smoothie Bar, child sitting, tanning, hydromassage recovery lounges& Zen Dens and a unique retail footprint surrounded by a member experience that is all about community.
Retro Fitness is way more than just your average gym, we are a health and fitness enterprise tat is part of the fabric of each community where we are present. You too are going love Retro Fitness and our family of franchisees.
Retro Fitness Featured in the News- Everywhere!
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.
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Availability
Retro Fitness is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Vermont, Wisconsin, West Virginia
Interested parties should have at least $500,000 in liquid capital to invest.
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