Fitness Together vs Retro Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fitness Together vs Retro Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Fitness Together Franchise
Retro Fitness Franchise
Investment $189,162 - $328,576$939,250 - $1,600,500
Franchise Fee $39,900$69,000
Royalty Fee 6%5%
Advertising Fee 2%2%
Year Founded 19842002
Year Franchised 19962006
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee 25% of current franchise fee-


Business Experience Requirements
 
Fitness Together Franchise
Retro Fitness Franchise
Experience
  • Industry experience
    		• Net worth requirement: $1M+ Cash liquidity requirement: $200K Business Experience: * General business experience

    Financing Options
     
    Fitness Together Franchise
    Retro Fitness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/Yes
    Payroll No/YesNo/Yes

    Training & Support
     
    Fitness Together Franchise
    Retro Fitness Franchise
    Training Classroom Training: 40 hours On-The-Job Training: 50 hours Classroom Training: 20 hours
    Support Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appAd Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    		* 25% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 20 * Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators)

    Expansion Plans
     
    Fitness Together Franchise
    Retro Fitness Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Fitness Together

    Established by Rick Sikorski in 1983, Fitness Together offers individual instructional courses to customers between the ages of 15 and 80. The organization, which started diversifying in 1996, works diversified studios over the United States.

    Best 5 reasons why you ought to consider owning a Fitness Together establishment:

    - A one of a kind private preparing idea
    - Solid establishment bolster with more than 30 years involvement in the individual preparing industry.
    - Set up working frameworks that use best business hones.
    - The chance to change lives with enhanced wellness and wellbeing

    - Proposals for showcasing and advancement of your studio

    The total investment necessary to begin operation of a Fitness Together studio ranges from $189,162 to $328,576. This includes $43,559 to $48,559 that must be paid to the franchisor or its affiliates.
    The total investment necessary to begin operation of a Fitness Together area development franchise ranges from $79,800 (for a 2-studio commitment) to $299,000 (for a 10-studio commitment). This entire amount must be paid to the franchisor.

    VetFran incentive - 20% off the initial franchise fee

    About Retro Fitness

    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
    Veteran Incentives  10% off franchise fee

    "Entrepreneur
    #474 in Franchise 500 for 2020.