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 ⓘ

$944,000 - $1,592,250

Net-worth Requirement ⓘ

$1,500,000

Liquid Cash Requirement ⓘ

$300,000

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 - $944,000 High - $1,592,250
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

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Erin Schultz | 9 min read
5 Ways Tech Is Forever Changing Fitness Franchises

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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.
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The International Franchising Association predicts that franchise growth and job creation will outpace the wider economy in 2014.
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5 of the Best Fitness Franchises You Can Buy in 2019

5 of the Best Fitness Franchises You Can Buy in 2019

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How to Buy an Existing Franchise (60-Second Video)

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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: October 24th, 2018
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