Anytime Fitness vs Retro Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Anytime Fitness Franchise
Retro Fitness Franchise
Investment $96,140 - $523,824$939,250 - $1,600,500
Franchise Fee $25,000 - $42,500$69,000
Royalty Fee $649-$699/mo.5%
Advertising Fee $600/ mo2%
Year Founded 20012002
Year Franchised 20022006
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee $1000-


Business Experience Requirements

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

    Financing Options

     
    Anytime Fitness 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

     
    Anytime Fitness Franchise
    Retro Fitness Franchise
    Training With Anytime Fitness, the training never stops. Initially, we have a mandatory, one-week training course at our corporate office in Minnesota. Once the first week is completed, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance. On-The-Job Training: 50 hours Classroom Training: 20 hours
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Purchasing cooperativesMeetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 10% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (100% 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

     
    Anytime Fitness Franchise
    Retro Fitness Franchise
    US Expansion YesYes
    Canada Expansion YesNo
    International Expansion YesYes

    Company Overviews

    About Anytime Fitness

    As an Anytime Fitness proprietor, we can help you open the key to conceivable achievement in the wellness business and furnish you with scripts, promotions, advertising pieces, deals and operations manuals we have created and utilized, which ought to give you the preferred standpoint you should be successful in your business attempts. Amid the underlying, compulsory preparing to all franchisees, we will cover:

    Executing a 9-stage deals procedure to offer more enrollments .

    Step by step instructions to make more activity through corporate deals, senior projects, referrals and the sky is the limit from there.

    At the first of consistently you may get our "Month to month Success Pack" which may contain new deals tips, advertising pieces, client benefit thoughts, part maintenance programs and progressing training parcels.

    Duplicates of daily paper advertisements, regular postal mail pieces, radio promotions, telemarketing scripts, tributes, referral passes and a showcasing plan to take after.

    1-800-704-5004 whenever for continuous preparing or day by day addresses.

    Yearly club camps, nearby visits and a talk space for other Anytime Fitness proprietors to share thoughts and musings on the wellness business. Give us a chance to help you bring your thoughts alongside criticism from other Anytime Fitness proprietors and put them under a magnifying glass.

    Pre-deal help.

    The most effective method to deal with your time and handle the everyday operations.

    The most effective method to ace approaching and active deals calls.

    The total investment necessary to begin operation of an Anytime Fitness center in 2019 was between $78,012 and $521,437. This included $13,000 to $80,000 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of an Anytime Fitness Express center in 2019 was between $58,870 and $393,829. This included $7,900 to $49,000 that must be paid to the franchisor or affiliate.

    "Top  ""     "Entrepreneur
    #51 in Canada's Top franchises.
    #22 in Franchise 500 for 2020.
    #30 in Franchise 500 for 2021.
    Veteran Incentives   20% off 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.