Retro Fitness LLC

Health club

Background

Founded: 2002 Franchising since: 2006

43 CR 537 W.
Colts Neck, New jersey 07722

Phone:
(800)738-7604

Franchisor is a privately-held company with 10 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	43	0	0	1
2007	16	0	0	2
2006	24	0	0	0
2005	5	0	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.

Costs and Fees

Total investment: $638.9K-1.5M
Franchise fee: $49K

Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $1M+
Cash liquidity requirement: $200K
Business Experience:

General business experience

Operations

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)