As seen on the hit CBS reality series Undercover Boss, Retro Fitness is a high value, investor friendly fitness model with strong-unit economics and streamline operations that is on track to grow to 700 locations by 2020. A strategic membership price point of $19.99 per month and state of the art equipment attracts new and experienced exercisers of all ages while ancillary offerings like Retro Blends Smoothie Bar, personal training, child care, group fitness, pro shop and tanning create multiple revenue streams maximizing bottom line returns.
Retro Fitness is a manager-driven model that allows the franchise owner to work on the business, not in the business. Over 70% of their franchisees are absentee owners that spend their daily time in other businesses. Retro Fitness helps its franchisees accomplish this by providing multiple avenues to manage the business from afar including internal camera system, daily performance reports relative to income activities, and a Retro Fitness corporate operations specialists monitoring the club on a daily basis. In addition, 97% of the daily income at the gyms comes from credit card transactions, providing little opportunity for theft.
That being said, if a franchise owner chooses to be an operator, the focus would be on managing the staff in their daily activities including personal training oversight, juice bar management and communicating with members. Retro Fitness provides financial management assistance relative to payroll and income management.
Cash Investment: $300,000
Total Investment: $941,350-$1,622,250
Minimum Net Worth: $1,500,000
Franchise Fee: $69,000
Average Number of Employees: 12-18
The Health and Fitness industry is one that continues to grow, year after year. Everyone wants to be healthier! Get a piece of this huge marketplace with a Retro Fitness Franchise! This is a flexible, manager run business with a streamlined and simple set of operations. Dedicated support from industry experts in every stage of development to ensure a smooth road to success. If you or someone you know likes the idea of predictable, monthly income from a membership base, with multiple revenue centers including Retro Blends Juice Bar, Personal Training and Group Fitness to help grow bottom line earnings, then perhaps a Retro Fitness Franchise is the right investment for you! Contact Us today to learn more!
At Global Franchise Solutions, we take our role in helping clients find the “right” franchise investment seriously. Our goal is to educate each of our clients on all aspects of franchising and the specific franchise brands they are investigating, so that they may make an educated investment decision at the end of the process. Our focus is on each individual’s strengths as well as their goals for both their business and their lifestyle. If you or someone you know is interested in learning more about franchising, or the services we provide contact Brandon Clifford today!
Brandon Clifford, Global Franchise Solutions
978 – 891 – 7145