Retro Fitness was founded in 2005 and began franchising in 2006.
Retro Fitness currently has more than 200 franchise locations either open or in development.
There are potential territories available in all 50 states.
More than 55% of existing Retro Fitness franchisees own or have committed to own more than one location.
The model is highly transferable to various venues to include inline and free-standing buildings in retail, residential and industrial areas.
- Net worth: $2M
- Liquid capital: $500,000
- Total startup costs: $1.2M – $2.1M
- Franchise fee: $29K
- Royalty fee: 5%
- Marketing/Brand Fund: 2%
You will need minimum liquid assets of $500k and a net worth of $2MM either individually or cumulatively amongst a group of investors to obtain necessary bank financing.
Yes, Retro Fitness has a “Design Standards Manual” sample floor plan designs and architectural resources to assist in keeping the consistency of the Retro Fitness brand the same throughout the franchise system. In addition, Retro Fitness has a standard equipment package from the industry’s leading manufacturers with substantial discounts to ensure the member experience is similar across all Retro clubs.
Yes, we provide training for the opening and ongoing operation of your Retro Fitness club. It begins with eight days of training at our corporate headquarters, followed by another eight days of training at your location. Then we stay connected through regular training of your management and staff.
Retro Fitness locations are available in all 50 states. The availability of territories will be discussed in full detail prior to signing a franchise agreement.
A typical Retro Fitness outlet is approximately 15,000 to 18,000 square feet and is determined based upon site availability in your preferred market.
No. In fact, many of our franchisees come from diverse industries and backgrounds with little to no previous industry experience. We will help you hire and train a qualified, knowledgeable team of fitness professionals to best manage club operations.
5% royalty from the franchised outlet’s total gross revenue + 2% for marketing ad fund expenses.
Profitability will vary considerably depending upon such factors as: location, operating costs, financing terms, your ability to manage and control the business, sales and other factors. We do not predict sales or profits for any new locations. We encourage you to discuss this with existing franchisees and your personal advisors.
Yes, our dedicated financial broker will work with you in reviewing your finances to determine the best products and services available for financing your Retro Fitness franchise through a network of lenders.
Retro Fitness has been consistently recognized as one of the nation’s top franchises by numerous publications. This is the primary reason our franchise opportunity has been discussed in Entrepreneur Magazine, Forbes, Rolling Stone and The Wall Street Journal, and being featured on MTV, CNN and Fox News. See below for the latest news about Retro Fitness.