Retro Fitness
#402 Franchise 500| Health clubs
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Retro Fitness
Health clubs
|

About
Founded

2002

Franchising Since

2006 (13 Years)

Corporate Address

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

CEO

Eric Casaburi

Financial Requirements
Initial Investment ⓘ

$944,250 - $1,592,500

Net-worth Requirement ⓘ

$1,500,000

Liquid Cash Requirement ⓘ

$450,000

Ongoing Fees
Initial Franchise Fee ⓘ

$69,000 - $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

Support Options
Ongoing Support

Purchasing Co-ops

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

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

50 hours

Classroom Training:

20 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

10 - 20

Retro Fitness is ranked #402 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $944,250 High - $1,592,500
Units
-1.4%-2 UNITS (1 Year) +8.1%+11 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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Franchise Articles

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

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.
9 min read
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 | 5 min read
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 | 3 min read
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Why Painting With a Twist's Founders Replaced Themselves as CEO

After 10 years, the founders knew the business was ready for the next stage of growth. But they weren't sure they were the right people to lead the charge.
Jennifer Larino | 15 min read
Chick-fil-A Is Giving Away Free Food Today -- Here's How to Get It

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Check out how to get free lunch (yes, it does exist) at Chick-fil-A today, and at other restaurants throughout the year.
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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: June 27th, 2019
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