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Retrofitness

Information based on 2024 FDD
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Brand Highlights
  • Founded in 2002
  • Franchising Since 2006
  • 86 US Franchises
  • $1,812,216 - $2,911,991 Investment Range
  • $1,133,395 Average Gross Revenue
  • 5% Royalty Fee
  • $29,000 Franchise Fee
Pre-qualification Amount

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Brand Description

RetroFitness has established itself as a distinctive player in the fitness industry since 2002, offering a unique blend of modern amenities with a retro-inspired atmosphere. This franchise has successfully carved out its niche by providing high-quality fitness experiences at competitive price points, making premium fitness accessible to a broader audience.

What sets RetroFitness apart is its comprehensive approach to member wellness. Each location features state-of-the-art equipment, dedicated workout spaces, and premium amenities including hydro-massage beds, tanning facilities, and on-site smoothie bars. The franchise is particularly noted for its 'Retro Blends' smoothie bar, offering nutritious post-workout refreshments that members consistently praise.

The brand places a strong emphasis on cleanliness and equipment maintenance, with locations routinely receiving high marks for their well-maintained facilities and organized workout environments. Personal training services are available through certified fitness professionals who provide customized workout plans and expert guidance to help members achieve their fitness goals.

RetroFitness locations typically feature multiple squat racks, extensive cardio equipment, and specialized training areas that cater to various workout styles - from traditional strength training to functional fitness. The franchise has built a reputation for creating welcoming, judgment-free environments where members of all fitness levels can feel comfortable pursuing their health objectives.

With its combination of essential amenities, professional staff, and commitment to member satisfaction, RetroFitness continues to grow its presence in the competitive fitness industry, offering entrepreneurs an opportunity to own a gym that emphasizes both quality and community.

DID YOU KNOW?

How much does it cost to start a franchise with Retrofitness?

$1,812,216
$2,911,991
Starting a Retrofitness franchise - known for their affordable membership model and state-of-the-art equipment - requires a total investment between $1,812,216 and $2,911,991, which includes the $29,000 franchise fee plus all the capital needed for build-out, equipment, initial marketing, and working capital to launch your fitness center.
Financial Summary
Franchise Fee
$29,000
Investment Range
$1,812,216 - $2,911,991
Investment Midpoint
$2,362,104
Minimum Cash Required
$1,812,216
Royalty Fees
5%
Brand Fund
2%
Brand Bragging Rights
High-value, low-price positioning strategy
Comprehensive wellness ecosystem approach
Multiple revenue streams integration
22 years operational experience
Full-service fitness center concept
Boutique-style classes and amenities
Financial Analysis
Retrofitness requires a substantial investment of $1.8M to $2.9M, positioning it in the premium tier of fitness franchises—significantly above the sub-sector average of $481K-$1.3M. This elevated investment reflects the comprehensive nature of their full-service fitness centers, including state-of-the-art equipment, group fitness studios, smoothie bars, pro shops, and wellness amenities like massage chairs and tanning facilities.

The fitness industry benefits from strong secular growth trends driven by increasing health consciousness and wellness spending. However, the market faces intensifying competition from boutique fitness concepts, digital fitness platforms, and budget gym chains, requiring differentiated positioning to succeed.

With 88 units and 22 years of operation since 2002, Retrofitness demonstrates moderate system maturity but limited scale compared to major fitness franchise competitors. This smaller footprint may impact brand recognition and purchasing power, though it potentially offers better territory availability for new franchisees.

The reported gross revenue of $1.13M substantially exceeds sub-sector averages, though investors should carefully analyze unit-level economics and operating expenses through the FDD. The high-amenity model creates operational complexity requiring experienced management and substantial working capital.

Ideal candidates should possess significant liquid capital given the investment scale, preferably with multi-unit retail or hospitality experience. The comprehensive wellness concept suits markets with higher disposable income and health-conscious demographics. Prospective investors must thoroughly evaluate territory demographics, competitive density, and local market dynamics before committing to this capital-intensive fitness franchise opportunity.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Retrofitness. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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FranFund

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CRF USA

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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
RetroFitness demonstrates a concentrated East Coast presence across multiple states, showing particular strength in the Northeast corridor. The franchise has a strong presence in New Jersey and New York, suggesting solid market acceptance in densely populated, urban-suburban areas. With an impressive customer rating average across thousands of reviews, the brand shows consistent customer satisfaction in its core markets.

The current geographic distribution reveals both opportunities and challenges. While well-established in the Northeast, the limited presence in high-potential markets like Texas and Florida indicates significant room for expansion in the Sun Belt region. Successful locations typically operate in areas with median household incomes above $60,000 and population densities exceeding 2,000 people per square mile.

Ideal locations for new franchises should target densely populated suburban areas with strong commuter presence, particularly near major employment centers. The brand's value-oriented fitness model performs well in middle-income communities where there's demand for affordable, full-service gym facilities. Market analysis suggests untapped potential in Mid-Atlantic states and emerging opportunities in Southeast metropolitan areas, particularly in underserved suburban corridors with growing young professional populations.
Total US Locations88
Open Franchises86
Corporate Locations2
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Retrofitness. Learn about the experience and expertise of the executive team guiding Retrofitness's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Retrofitness. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Retrofitness's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Retrofitness's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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