RETROFITNESS
Retrofitness franchises operate fitness centers offering discount fitness programs, including exercise and training services, cardio and strength equipment from brands like Matrix and Iron Grip, to members for a monthly fee. The business model provides high-value gym experiences at reduced prices, with reciprocal access across all Retrofitness outlets. They target budget-conscious individuals seeking affordable, quality fitness memberships.
Franchise Costs
5% royalty (min $1,000/mo) + 2% ad fund (min $400/mo) + $720/mo technology + $550/mo bookkeeping + $550/mo call center
Financial Performance
Item 19 Financial Performance
Data Based On: 81 franchised outlets open to the public for more than a year as of March 20, 2024, included in Tables A, B and C.
* Average gross revenue is taken directly from Table A (100% percentile row). Median gross revenue is from Notes to Table A (100% of ABC Outlets median). Revenue top quartile is from Table A (Top 25% percentile row average). Revenue bottom quartile is from Notes to Table A (Bottom 25% Outlets average). The document explicitly states that it does not reflect specific costs or expenses to calculate net income or profit, therefore no net income, net profit, EBITDA, or expense data is available to estimate profit ranges.
Extracted Item 19 Section
How RETROFITNESS Compares
Key Insights
- Higher investment than 100% of Fitness Studios franchises
- One of the lowest SBA loan default rates in Fitness Studios
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
RETROFITNESS Current | $1.8M – $2.9M | $29K | 5.0% | 86 |
| Planet Fitness | $1.5M – $5.2M | $20K | 7.0% | 2,298 |
| ANYTIME FITNESS | $459K – $908K | $43K | N/A | 2,290 |
| F45 Training | $349K – $786K | $60K | 7.0% | 751 |
| Pure Barre | $314K – $629K | $60K | 7.0% | 617 |
| HOTWORX | $259K – $878K | $20K | N/A | 578 |
Fitness Studios Average 55 franchises | $425K – $1.0M | $47K | 6.9% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for RETROFITNESS franchisees (2015 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
257 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
257 Contacts Available
Unlock all RETROFITNESS franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Franchise agreement disputes including breach of contract, franchise sales act violations, fraud, and post-termination obligations.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a RETROFITNESS franchise ranges from $1,812,216 to $2,911,991. This includes a franchise fee of $29,000. Ongoing royalty fees are 5.0% of gross sales.
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