Retro Fitness Franchise
Fitness center
Eric Casaburi began Retro Fitness with a simple philosophy, "More fitness, Less money, by providing an exciting and inviting environment for exercising, fitting to any fitness enthusiast budget".
We are actively looking for qualified entrepreneurs with the motivation and determination to build a successful business. A qualified Retro Fitness Franchise candidate appreciates and understands excellent customer service, enjoys interacting with the general public, has a general understanding of management/budgets, has significant financial resources, and is comfortable following established business parameters. Candidates fitting these criteria are invited to take the next step in finding out if a Retro Fitness Franchise is the business opportunity for you by completing our online application.
As a Retro Fitness Franchisee you will have the opportunity to reap the rewards that are produced through consistent application of our business practices that benefit our thousands of members everyday.
It's an awesome time for Retro Fitness, enjoying the benefits of keeping people healthy and fit while earning a living.
PRODUCTS AND SERVICES
A sample of some of the products and services you may offer as a Retro fitness Franchisee include:
* Full Service Fitness Center including: 50+ pieces of various Cardiovascular equipment. Various CircuitTraining/Strength Training equipment and Free Weights.
* RetroBlends Juice Bar
* Personal Training Services
* Tanning
* Retro Cardio Movie Theatre
Start-up Costs & Franchises Fees
What is the total cost to open a Retro Fitness Franchises?
Total Cost: $638,900-$1,500,000 USD
Total Franchise Fees: $49,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Contact Information for Retro Fitness
|
Retro Fitness |
Phone Number: 201-867-5309 |
Retro Fitness In the Press
No results at this time.Historical Expansion
In what year did Retro Fitness begin operations? 2002
When did Retro Fitness begin selling franchises? 2006
Year United States Canada International Corporate 2009 45 0 0 1 2008 39 0 0 0 2006 24 0 0 0 2005 5 0 0 0
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
* Available at headquarters: 8 days
* At franchisee's location: 8 days
Support
* In the Pressletter
* Meetings
* Toll free phone number
* Grand opening support
* Internet
* Safety and Security procedures
* Field support and site evaluation
* Purchasing cooperatives
Marketing
* Cooperative advertising
* Ad slicks
* Regional advertising support
Franchise Operation Restrictions
* 25% of all franchise business owners own more than one franchise location. * Number of employees needed to run franchised unit: 10 - 20 * Absentee ownership of franchise is allowed. (35% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:Net worth requirement: $1M+ Cash liquidity requirement: $200K Business Experience:General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes