Retro Fitness
#473 Franchise 500| Health clubs

Retro Fitness
Health clubs

About
Founded

2002

Franchising Since

2006 (14 Years)

Corporate Address

1601 Belvedere Rd., #E-500
West Palm Beach, FL 33406

Leadership

Andrew Alfano, CEO

Financial Requirements
Initial Investment

$939,250 - $1,600,500

Net-worth Requirement

$2,000,000

Liquid Cash Requirement

$500,000

Ongoing Fees
Initial Franchise Fee

$69,000 - $69,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

2%

Financing Options

Retro Fitness offers in-house financing to cover the following: startup costs, equipment

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

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

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

On-The-Job Training:

40 hours

Classroom Training:

40 hours

Additional Training:

Online training

Absentee Ownership Allowed
Number of Employees Required to Run:

20 - 25

Retro Fitness is ranked #473 in the Franchise 500!
Bio
Retro Fitness gyms, with locations across the US, feature circuit- and weight-training equipment, cardio burning machines equipped with flat-screen TVs, individual and group training options, functional training areas, smoothie bars, and child care. 
Cost
Initial Investment: Low - $939,250 High - $1,600,500
Units
+0.7%+1 UNITS (1 Year) -0.7%-1 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

Franchise Articles

Former New York Times Pressman Worked Out a Strong Career Change in Mid-Life With Retro Fitness

At 38, Warren De Stefano said goodbye to newspapers and hello to a unique gym franchise, helping disabled military veterans along the way.

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.

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.

Finding Post-Pandemic Franchise Opportunities With Broker Consultant Groups

These companies specialize in matching aspiring business owners with suitable franchise options.

Former Republican Presidential Candidate Herman Cain Has Died After Being Hospitalized for Coronavirus

The former Godfather's Pizza CEO tested positive earlier this month, 11 days after attending President Donald Trump's campaign rally in Tulsa, Oklahoma.

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: May 14th, 2020