How much do Retro Fitness owners make?
$443K. AVERAGE EBITDA REPORTED BY TOP 10% OF RETRO FITNESS FRANCHISE OWNERS. THE TOP 50% OF OWNERS REPORT EBITDA OF $257,000.
How many stores does Retro Fitness have?
120
How many locations does Retro Fitness have? Retro Fitness currently has more than 120 franchise locations either open or in development.
How much is the CEO of Retro Fitness worth?
Eric Casaburi net worth: Eric Casaburi is an American businessman who has a net worth of $30 million dollars. Eric Casaburi was raised in New Jersey. After his mother passed away when he was 15, he threw himself into fitness to take his mind off of the grief.
How much does it cost to buy a retro fitness?
The total cost to open a Retro Fitness club ranges from $939,250 to $1,600,500 depending on the size of the space. You will need minimum liquid assets of $500,000 and a net worth of $2 million either individually or cumulatively amongst a group of investors to obtain necessary bank financing.
Does Retro Fitness have an annual fee?
Retro Fitness Membership Fees If you decide to join a club, there’s a annual fee of $49 and a monthly fee starting at $24.99 per person. For $34.99 you get access to all Retro Fitness clubs and all their equipment, classes and personal training, and there is no cancellation fees.
What happened to Eric casaburi?
Currently: SEROTONIN Enterprises CEO | Longevity Brands CEO | Chair of Tiger 21 Orlando | CEVD Holdings manager | Consulting start-ups/business owners | Incubating new concepts. Media Appearances: Featured on the CBS hit TV series “UnderCover Boss” (twice).
What is Retro Fitness?
Retro Fitness is a hometown gym dedicated to building a strong community within the four walls of the club while being a fabric of the community outside. All this is done while providing exceptional return on investment for our owners.
How much money do I need to buy a Retro Fitness gym?
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. Does Retro Fitness assist in the design and equipping of my gym?
Are Retro Fitness locations available in all 50 states?
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. What are the size requirements for a Retro Fitness?
What is the size of a typical Retro Fitness outlet?
A typical Retro Fitness outlet is approximately 15,000 to 17,000 square feet and is determined based upon site availability in your preferred market. Do I need to have prior experience in the gym or fitness industry?
