Mr. Souvlaki vs Retro Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Souvlaki Franchise
Retro Fitness Franchise
Investment $175,000 - $500,000$939,250 - $1,600,500
Franchise Fee $30,000 - $40,000$69,000
Royalty Fee -5%
Advertising Fee -2%
Year Founded 02002
Year Franchised 02006
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements
 
Mr. Souvlaki Franchise
Retro Fitness Franchise
Experience -Net worth requirement: $1M+ Cash liquidity requirement: $200K Business Experience: * General business experience

Financing Options
 
Mr. Souvlaki Franchise
Retro Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/Yes
Start-up Costs No/NoNo/Yes
Equipment No/NoNo/Yes
Inventory No/NoNo/Yes
Receivables No/NoNo/Yes
Payroll No/NoNo/Yes

Training & Support
 
Mr. Souvlaki Franchise
Retro Fitness Franchise
Training - On-The-Job Training: 50 hours Classroom Training: 20 hours
Support -Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations * 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
 
Mr. Souvlaki Franchise
Retro Fitness Franchise
US Expansion YesYes
Canada Expansion YesNo
International Expansion NoYes

Company Overviews

About Mr. Souvlaki

Mr. Souvlaki is keeping on developing in the eatery administrations industry, and we are searching for committed establishment proprietors who are eager and enthusiastic about Greek sustenance to join our group.

To end up distinctly an establishment proprietor, there will be a 3-organize meeting and examination handle. Applicants will be chosen in view of the accompanying criteria: business insight and experience, money related practicality, character and state of mind, compelling learning and interchanges aptitudes, and that's only the tip of the iceberg.

Owning an establishment implies you are good to go for yourself yet not independent from anyone else.
A Mr. Souvlaki establishment proprietor will profit by the mastery of our exceptionally experienced experts who will give persistent support in the accompanying ranges:

Creating formulas

Preparing and operations bolster

Acquiring power

Built up promoting and showcasing systems.

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.