Retro Fitness

Retro Fitness

#242

Initial Investment

LOW: $781,350
HIGH: $1,572,250

Change in Units

+18.5% +25 UNITS (1 Year)
+34.8% +47 UNITS (3 Years)

Company Profile

Founded

2002

Franchising Since

2006 (10 Years)

Corporate Address

43 Country Rd. 537 W. Colts Neck, NJ 07722

CEO

Eric Casaburi

About Retro Fitness

Founded by Eric Casaburi in 2002, New Jersey-based Retro Fitness began franchising in 2006. Retro Fitness gyms feature cardio equipment, circuit training equipment, movie theaters that play '80's films, weights, personal training, tanning, group fitness, a Retro Blends smoothie bar, supplements, and chiropractic services.

Financials

Financial Requirements

Initial Investment

$781,350 - $1,572,250

Net-worth Requirement

$1,500,000

Liquid Cash Requirement

$300,000

Ongoing Fees

Initial Franchise Fee

$69,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

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

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 217

Lowest Rank: 289

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 8 days

Training at headquarters: 8 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

Number of employees required to run: 10 - 20

Related Franchises

Related Articles

5 Ways Tech Is Forever Changing Fitness Franchises

5 Ways Tech Is Forever Changing Fitness Franchises

With apps, wearable tech and the ability to micromanage franchisees across the country, tech is giving fitness chains new ways to flex their business muscle.
Kate Taylor
Report: Franchise Establishments to Post Biggest Growth Since the Recession

Report: Franchise Establishments to Post Biggest Growth Since the Recession

The International Franchising Association predicts that franchise growth and job creation will outpace the wider economy in 2014.
Kate Taylor
Taco Bell's New Mystery Item: What Could It Be?

Taco Bell's New Mystery Item: What Could It Be?

As speculation grows ahead of the chain's Super Bowl reveal, here are a few possibilities of what it might be.
Lindsay Friedman
Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

As the industry's biggest day of the year, franchises are bringing their 'A' game.
Lindsay Friedman
This Franchisee Left a Life of Crime (Others' Crimes) to Focus on Fitness

This Franchisee Left a Life of Crime (Others' Crimes) to Focus on Fitness

Government prosecutor April Porter had seen more than enough horrific sex offenses and homicides. She decided to walk away.
Entrepreneur Staff

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: December 31st, 2015

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

87 franchises for under $50,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012