Quick Answer: What Is Retro Fitness Worth?

Is Retro Fitness a contract?

Core membership is a 12 month term membership, which requires full payment of contract.

Paid in Full memberships are full term with no refunds..

What is the cheapest gym to join?

Five most affordable gym membershipsPlanet Fitness. Planet Fitness advertises itself as a gym for people who don’t like gyms, with ads referring to every Planet Fitness location as a “Judgement Free Zone.” … Cardinal Fitness. … Your Local YMCA. … Gold’s Gym. … LA Fitness.

Does Retro Fitness Have a family plan?

We offer a low membership fee of only $19.99 per month to join our family-owned and -operated facility.

What is the best gym franchise to own?

9 of the Best Gym Franchises to Buy in 2020Orangetheory Fitness. … Planet Fitness. … Crunch Fitness. … Pure Barre. … The Bar Method. Initial franchise fee: $52,000. … UFC Gym. Initial franchise fee: $30,000 to $50,000. … Jazzercise Inc. Initial franchise fee: $1,250. … Gold’s Gym. Initial franchise fee: $32,000 to $40,000.More items…•

How much does it cost to own 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.

Who is the CEO of Retro Fitness?

Andrew AlfanoCOLTS NECK, N.J. (July 29, 2019) – Retro Fitness, a leader in the high value, low price fitness space is excited to announce the appointment of Andrew Alfano as CEO. With more than 25 years in retail and franchising, he has built leading teams to drive customer experience, product innovation and brand expansion.

Can you bring a guest to retro fitness?

Ultimate members may bring a guest with them to the gym. Please call ahead to your home club prior to bringing a guest to verify if they can accommodate a guest based on local guidelines. Members wishing to cancel their memberships as clubs reopen: There is no fee to freeze your membership.

How many Retro Fitness locations are there?

150 locationsOverall, Retro Fitness has more than 150 locations operating in 16 states and is on track to have 250 gyms open in the next two years. The burgeoning franchise signed more than 20 franchise agreements in new and emerging markets in 2016.

Who started Retro Fitness?

Eric CasaburiAbout Eric Casaburi Infused early on with enough energy and fearlessness to fuel an army, the Jersey-born-and-bred entrepreneur founded Retro Fitness at age 23.

Is Retro Fitness a good gym?

Definitely recommend. I definitely love this gym. I have been to countless gyms before and I have felt like they didn’t have the proper machinery, or the people that went there were very judgmental. I feel at retro they are very opened armed, and willing to help you become the greatest version of yourself.

What happened to Jacqueline from Retro Fitness?

Jacqueline, one of the employees working the smoothie bar at a New Jersey gym, came out looking terrible when she verbally abused the customers and CEO. The employee would also see the consequences of her lack of professionalism at the end of the episode. She was fired from her job.