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Franchise: Retro Fitness

Initial Investment
LOW:$941,350
HIGH: $1,892,250
Change in Units
+9.6% +13 UNITS (1 Year)
+68.2% +60 UNITS (3 Years)

Ongoing Support
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Ad Slicks
Regional Media

Training Onsite: 50 hours

Training at headquarters: 20 hours

Absentee Ownership Allowed

Number of employees required to run: 10 - 20

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.

Founded

2002

Franchising Since

2006 (11 Years)

Corporate Address

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

CEO

Eric Casaburi

Units (Locations)

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

Financial Requirements

Initial Investment

$941,350 - $1,892,250

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

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5 Ways Tech Is Forever Changing Fitness Franchises

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Report: Franchise Establishments to Post Biggest Growth Since the Recession

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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: August 31st, 2017

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