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The Fitness Industry

Wall Street Bets on Gym Chains’ Getting Back in Shape, highlighting the billions of dollars investors are pouring into health and fitness clubs, stated in a recent article dated March 24, 2022, in the Wall Street Journal.

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.

Retro Fitness is the third largest gym brand in the lucrative High-Value, Low-Price fitness space among its competitors. This space is poised for success even in periods of an economic uncertainty driven by high inflation and recession.

An Exciting Franchising Opportunity

Retro Fitness is a hometown gym dedicated to building a strong community within the four walls of the club, while being a fabric of the community outside. All this is done while providing exceptional return on investment for our owners. Our fitness concept has been recognized as one of the nation’s top franchise opportunities by numerous publications, earning write-ups in Forbes, Entrepreneur Magazine, and The Wall Street Journal.

Retro Fitness is an attractive fitness destination for consumers because of its inclusive community, state-of-the-art equipment, group fitness classes, personal training, and Zen Den amenities like massage chairs and tanning. Our new brand initiatives allow us to take the fitness journey with consumers inside and outside of the four walls of the club. We have added video segments in mental health, healthy cooking, nutrition, and at home workouts which includes the Retro Fitness Cobra, our at home cycle initiative.

Why Invest with Retro Fitness

  • Strong Return on Investment

  • Recurring Revenue

  • Multiple Profit Centers

  • Low Labor Model

  • Full Suite of Services, Including a Turn Key Club

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Multiple Profit Centers

Retro Fitness investors benefit from multiple revenue streams compared to other Health and Fitness Clubs in the High Value Low Price segment. These streams help offset the rising minimum wage costs and additional cleaning costs to make Retro Fitness a unique opportunity for those seeking a powerful investment. Retro Fitness’ unique revenue streams include:

Recurring Monthly Revenue

Membership fees are paid monthly guaranteeing revenue from day one. Additionally, you can count on enrollment fees, annual fees as well as upsell opportunities inside your club.

Smoothie
Bar

A unique feature of Retro Fitness is the food and beverage footprint inside Retro Fitness clubs. Our revenue stream expands well beyond members, driving traffic to the club's doors daily You can find a world of products at the Smoothie Bar ranging from supplements, water, sports drinks, pre and post workout drinks, and healthy meal replacements.

Personal
Training

Integrated with science and delivered with knowledge, a certified Personal Training Program will help create a one-on-one connection with members thereby bringing substantial revenue and a prolonged lifetime value of members.

Pro
Shop

Our unique in-club offering includes a fitness store selling all kinds of fitness related retail items. Not limited to members, this drives traffic to the club and is another multi faceted revenue stream.

At-Home
Cycling

Retro Fitness offers a unique at home solution combined with Health and Fitness club membership. The all-inclusive fitness package includes the bike, on-app classes and a potential to extend the lifetime value of members to 36 months.

Finding out if Retro Fitness is the right fit for you has never been easier. Simply contact our Franchise development staff to get started.

Financial Investment

NET WORTH

$2M

LIQUID CAPITAL

$500K

START UP COST

$1.2M – $2.1M

FRANCHISEE FEE

$29K

ROYALTY FEE

5%

MRKTG BRAND/ FUND

2%

Retro Fitness provides franchisees an opportunity to make their community healthier and happier while also generating a significant return on investment. Thanks to memberships starting at $19.99 per month, owners enjoy recurring revenue. Personalized training, the Smoothie Bar, and merchandise sales create multiple profit centers.

Franchisees fall into two categories — owner-operators who spend a lot of time in their gyms, and investors who hire general managers to handle day-to-day operations. Regardless of which category they fall into, top-performing clubs provide great experiences that deliver great revenue.

Your Growth is Our Goal

Retro Fitness Executive Team

Andrew Alfano

Chief Executive Officer

Alfano enjoyed an impressive 16-year career with Starbucks Coffee Company. Joining in the late 90’s, he rose to Senior Vice President, U.S. Business where he was ultimately accountable for over $3.5B in revenue. Alfano helped architect the company’s strategic growth in some of the higher profile, complex urban markets, specifically the flagship market of New York. He duplicated his success as President and COO of a highly rated Academy of Early Education. As CEO of Retro Fitness, Alfano’s latest challenge provides him the opportunity to build another brand, but now in an industry he is passionate about. In short order, Alfano is already seen as a leader in the industry and has positioned Retro Fitness for rapid growth and to be the leader in the high value, low price Fitness Industry.

Todd Scartozi

Chief Operating Officer

Todd Scartozzi is a seasoned fitness executive who possesses extensive experience in the fitness industry. Under his guidance of one of Planet Fitness’ largest multi-unit operations, the private equity group of Exaltare Capital grew their portfolio from 15 to over 100 locations in 6 states and 2 countries. Todd also served as Chief Operating Officer of Gold’s Gym International. During his tenure, he grew the corporate footprint to over 125 locations, while supporting 640 franchisees worldwide. The company saw unprecedented growth in revenue and EBITDA under his leadership. Todd’s leadership transcends industries as he has extensive expertise in four diamond, branded, lifestyle, and independent hotels. An adaptive leader he leads the US Business at Retro Fitness.

Victor Bao

Chief Marketing Officer

Victor Bao has been creating powerful technology roadmaps and transforming iconic brands both nationally and internationally as Chief Marketing Officer for more than 25 years. Victor spent a decade working in Europe heading performance improvement programs for global brands like Opel [General Motors], Toyota, Burger King and Essilor before returning to the U.S. to lead the brand transformation at Club Med across the U.S., Canada and Mexico. Victor also spent many years working with Mark Burnett on CBS Survivor making billion dollar deals for line production. In addition, Victor led the marketing strategies for Yamaha Motor Company in Latin America, as well as Louis Vuitton Moet-Hennessey’s Onboard where he created new ecommerce and technology strategies.

Mark Andrews

Chief Development Officer

Chief Development Officer, Mark Andrews, leads all area development and is responsible for fueling the growth of Retro Fitness. Having spent almost seven years with Planet Fitness Corporate, Mark helped lead all franchise sales and development, building Planet Fitness into what you see today. Mark was instrumental in attracting and selecting investor groups that joined the organization and was intimately involved in almost all area development and territory deals both domestically and internationally during that time. Mark has played a key role in the expansion of Retro Fitness into emerging markets and has transitioned the model from offering single/multi-units, to now offering territory exclusive Area Development Agreements with both hands-on and hands-off investor options.

Robbie Sprechman

Chief Financial Officer

As Chief Financial Officer of the company since 2008, Sprechman has been instru- mental in overseeing the growth of the Retro Fitness Brand through crafting “win-win” solutions to drive revenue growth. Prior to joining Retro Fitness, he spent 22 years as CFO/COO for Noamex Inc., an international clothing wholesaler. He has an accomplished background with immense experience serving as the CFO for a diverse group of organizations including the HFS Realty Associates, where he oversaw four commercial properties in New York City; Dynamic Changes Hypnosis Centers, which assist- ed clients with weight loss and smoking cessation; The Antique Boutique, a New York City vintage store that attracted a celebrity clientele; and Let’s Yo frozen yogurt.

The Franchise Journey

Project Lift

500 Clubs in 50 Cities

It's All About

People Spirits Communities Giving People a Voice Investor Incentives

Retro Fitness, the leader in the high value/low price fitness space, is about to GET REAL about investing in Black and Brown Communities across the country. With strategic investor partnerships we will bring affordable Exercise, Health, and Fitness solutions to these communities, while at the same time create a compelling financial opportunity for investors.

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Qualification: You and your business partners will need $500,000 in liquid capital and $2 million in combined net worth to qualify for a Retro Fitness franchise.

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