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Updated RecentlyRetro Fitness vs House of Speed Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Retro Fitness vs House of Speed including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $939,250 - $1,600,500 | $79,500 - And Up |
| Franchise Fee | $69,000 | $39,500 |
| Royalty Fee | 5% | 10% |
| Advertising Fee | 2% | - |
| Year Founded | 2002 | 1998 |
| Year Franchised | 2006 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Net worth requirement: $1M+ Cash liquidity requirement: $200K Business Experience: * General business experience | Extensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 50 hours Classroom Training: 20 hours | 3-5 business days in Aurora, IL |
| 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) | Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
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 TheatreVeteran Incentives 10% off franchise fee
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About House of Speed
Explosion, Strength, Speed and Flexibility
House of Speed provides the best available sport-specific performance training. House of Speed is continuously developing and refining the most current training techniques, enabling athletes to increase their overall speed, strength, explosiveness, agility and sport-specific ability. Our curriculum and weight training techniques were developed and designed by Don Beebe and Dr. Jeffrey Schutt who are well-known as leaders in the industry.
Our athletes compete in a wide variety of sports and are of diverse age ranges and skill levels. Therefore, House of Speed designed its training programs to be diverse to meet the needs of each athlete. For example, our programs incorporate performance training and sport-specific training. Performance training is designed solely to make the athlete faster, stronger, more agile and explosive. Sport-specific training is designed to target athletic ability in the sport in which the athlete competes. House of Speed has a customized training program for every sport, every position, and every skill level.
Apply to Become a Franchise
1. Individual Training (1-2 athletes)
2. Small Group Training (3-5 athletes)
3. Group Training (5 athletes or more)
4. Team Training (individual teams)
5. Camps (2-day camps in a specific city)
6. Sport Specific training
For more information about owning your own House of Speed franchise please contact [email protected]