The Fitness Industry is a 30 billion-dollar industry that is outpacing the growth of the economy. Not only is Fitness outpacing the economy, the generation who will utilize gyms the most is still the one up and coming.
In a recent article dated March 24, 2022, in the Wall Street Journal, the paper wrote: Wall Street Bets on Gym Chains’ Getting Back in Shape, highlighting the billions of dollars investors are pouring into health and fitness clubs.
Retro Fitness is the third largest in the lucrative High-Value, Low-Price fitness space among its competitors. This space is poised for success even in periods of an economic downturn driven by high inflation and recession or stagflation.