Retro Fitness

Health clubs
FREE Franchise Guide!
Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$1.4M - $2.3M
Units as of 2022
89 Decrease 39% over 3 years

For over 15 years, Retro Fitness has helped Americans meet their health and fitness goals. Its fitness programs are effective, and the business model is easy for franchisees to follow. 

Retro Fitness has been ranked in Entrepreneur's Franchise 500 numerous times recently. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Retro Fitness has grown since it started franchising in 2006, now boasting over 130 gym locations. If you want to help others reach their fitness goals while also flexing your business muscle with the right qualifications, you could become a Retro Fitness gym franchisee. 

Why May You Want to Start a Retro Fitness Franchise

As a franchisee, you can be an owner-operator directly in charge of your franchise or choose to hire a team to run it for you as an absent franchisee. 

Retro Fitness provides dedicated support to its franchisees. Franchisees receive development for a gym's grand opening and ongoing support after operations begin. The Retro Fitness franchise will assist franchisees in site selection, developing marketing and social media plans, price negotiation, and much more.

Retro Fitness prioritizes veterans, as it offers a discount off the franchise fee for those who have served and now wish to get into the gym business.

What Might Make a Retro Fitness Franchise a Good Choice?

Customers love Retro Fitness; they continue to choose it over other gym franchises because Retro Fitness strives to be an inclusive community and offers various workout plans at affordable and flexible prices. Retro Fitness offers reward programs, a fitness app, endurance and conditioning programs, cardio training, weight training, personal training, and group strength and conditioning workouts. Retro Fitness also has more than 150 pieces of premium equipment to fit clients' lifestyles. Amenities such as the Retro Blend smoothie bars, tanning, hydromassage, and child-sitting services are also available depending on a franchisee's total investment and site selection. 

To be part of the Retro Fitness team, you should make sure you're financially ready for an initial investment, including potential setup fees and a franchise fee. To meet the financial requirements, you will need a minimum net worth and liquid capital. Ongoing costs may also include a royalty fee and a marketing fund contribution. 

How Do You Open a Retro Fitness Franchise?

Retro Fitness has broken down its franchising process into eight steps. The first step, as with most franchises, is to fill out an inquiry form. A Retro Fitness franchise representative may follow up with you, review your financial qualifications, and send you the Franchise Disclosure Document. 

If you are a good match, you may be asked to attend a Retro Fitness franchise discovery day. Here, you may have the opportunity to speak with current franchisees and company executives. 

If all parties involved agree, you may be ready to sign a franchise agreement. From here, you may begin site selection and pre-construction with the guidance of Retro Fitness franchise representatives. Around the same time, you will also need to be trained under the Retro Fitness business model. 

Find Your Perfect Franchise

Company Overview

About Retro Fitness

Industry Health & Wellness
Related Categories Fitness , Miscellaneous Personal-Care Businesses, Miscellaneous Recreation Businesses
Founded 2002
Leadership Mark Andrews, Chief Development Officer
Corporate Address 1601 Belvedere Rd., #E-500
West Palm Beach, FL 33406
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2006 (18 years)
# of employees at HQ 25
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 89 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Retro Fitness franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$29,000
Initial Investment Information Circle
$1,400,000 - $2,300,000
Net Worth Requirement Information Circle
$2,000,000
Cash Requirement Information Circle
$500,000
Veteran Incentives Information Circle
Franchise fee waived, royalty fee reduced by 50% for 1 year
Royalty Fee Information Circle
5%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Retro Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 40 hours
Classroom Training 40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 20-25
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

Compare where Retro Fitness landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Retro Fitness ranked on other franchise lists? Find out below.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Retro Fitness.

Rosati's Pizza

description
Pizza, Italian food

Destination Athlete

description
Equipment, apparel, fundraising, and performance solutions for youth, high school, and college athletic teams

McAlister's Deli

description
Sandwiches, salads, baked potatoes

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

She Cashed in $100K of Her Retirement Savings to Start a Business. Here's What Happened.

Keri Gardner got laid off in her early 50s, she thought, "Why not roll the dice?"

Franchise

These Are the Fastest Growing Franchise Brands Right Now

If you want to buy into a brand with momentum behind it, our data shows that these franchises are outpacing the competition.

Franchise

What to Look For — And Watch Out For — When Selecting Partners to Fuel Your Brand's Success

Working with the right franchisees can make a business; bad choices can sink it. When interviewing possible new franchisees, look for traits including positivity, ambition, a willingness to collaborate and openness to accepting feedback.

Franchise

This Sleep Company Is Combining 2 Key Factors to Transform the $40 Billion Mattress Industry — And It Just Made Another Major Move

Explore how Amerisleep's unique approach to franchising — with low startup costs and no inventory requirements — sets a new standard in the mattress market.

Franchise

The Top Franchise Brands Growing Globally

While our main Fastest-Growing Franchises list focuses on North American growth, more and more brands are looking to grow worldwide. These are the 25 that had the greatest franchise growth outside the U.S. and Canada from July 2022 to July 2023.

Franchise

This Chicken Chain Opens a New Location Every 3.5 Hours — Thanks in Part to an Unusual Menu Strategy

With locations spanning 149 countries, KFC has cemented its status as the fastest-growing retail brand under the Yum! Brands umbrella and a key driver of its overall success.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022