RetroFitness Franchise News

National Fitness Chain Opens 20 New Locations in 2011, Inks an Additional 25 Franchise Agreements
COLTS NECK, N.J., May 16, 2012 (GLOBE NEWSWIRE) -- In early-May, more than 150 RetroFitness franchise owners, vendor partners, and company corporate executives joined together at The Borgata Hotel and Casino in Atlantic City, N.J. to celebrate the growth and success of the national fitness company's franchise system.
With an emphasis on providing value to consumers at the current $19.99 a month memberships, the two-day event kicked off with a vendor trade show where RetroFitness franchise owners experienced firsthand new product and equipment innovations available to them to gain a more competitive advantage in the marketplace.
Eric Casaburi, founder and CEO of RetroFitness, held an hour-long corporate meeting and shared the company's vision for 2012 and strength of the brand as a whole...

National Health & Fitness Chain Moves Up 19 Spots on Franchise 500 List
January 03, 2012 // Franchising.com // COLTS NECK, N.J. - RetroFitness continues to flex its franchise muscle as the rapidly growing fitness chain offering the industry’s most innovative and motivating workout environment at a low $19.99 per month placed No. 217 in Entrepreneur’s 33rd Annual “Franchise 500” ranking, the brand’s second-consecutive appearance on the reputable list.
“This ranking further highlights the tremendous growth and success we have seen as a brand this past year," said Eric Casaburi, founder and CEO of RetroFitness, LLC. “Ranking in the top-half of this prestigious list is a true testament to the strength of our brand and our franchise system...

New Jersey-based national fitness chain executes strategic growth and development plan that will add more than 30 new gyms to the New York City area by the end of 2015 May 31, 2011 // Franchising.com // COLTS NECK, NJ – The rapidly growing fitness chain that has taken New Jersey by storm with the opening of more than 40 locations during a 60-month window has now hit the ground running in New York.

RetroFitness, a national gym offering the industry's most innovative and motivating workout environment at a tremendous $19.99 per month value, today announced it has inked five multi-unit franchise agreements that will bring 10 new locations to the five boroughs of New York during the next 6 to 18 months. The new locations will add to the 11 RetroFitness gyms currently operating in the market and four under development...

Offers Gym Owners an Opportunity to Convert Clubs to Rapidly Expanding National Brand January 24, 2011 // Franchising.com // COLTS NECK, N.J. – RetroFitness, a national gym concept known for providing great value at a low retro-price, is rescuing independent club operators. As part of its national growth strategy, RetroFitness is offering to support gym owners struggling in today's tough economy or who want the benefit of being part of a growing brand and the proven RetroFitness business model.

During the past six months, RetroFitness has converted gyms in Ronkonkoma, N.Y., and Glen Cove, N.J. A third independent club operator is in the process of converting to a RetroFitness branded location in New Rochelle, N.Y. Additional agreements are currently under negotiation...

National Fitness Concept Provides Local Community with New Fitness Center and Viable Business Opportunity January 04, 2011 // Franchising.com // ATLANTA, Georgia – RetroFitness, a leading fitness concept known for known for providing great value at a low retro-price, today announced the opening of its newest location in Two Buckhead Plaza at 3050 Peachtree Rd. NW in Atlanta, next to Seasons 52.

The 15,000-plus square-foot facility blends vibrant color schemes into a fun, energetic atmosphere where gym members can comfortably meet their fitness goals. A $19.99 monthly membership fee provides access to a full collection of top-of-the line Hammer Strength equipment and Life Fitness cardio machines complete with individualized LCD television monitors...

National Fitness Concept Provides Local Community with Affordable Fitness Center December 21, 2010 // Franchising.com // TOMS RIVER, N.J. – RetroFitness, a leading fitness concept known for providing great value at a low retro-price, today announced the opening of its newest located in Toms River Mall at 1214 Rte 37 East in Toms River.

The 14,000-plus square-foot facility blends vibrant color schemes into a fun, energetic atmosphere where gym members can comfortably meet their fitness goals. A $19.99 monthly membership fee provides access to a full collection of top-of-the line Hammer Strength equipment and Life Fitness cardio machines complete with individualized LCD television monitors.

"I opened RetroFitness because it offers all the amenities of a full-service health club at a fraction of the cost to members and most importantly, it doesn't skimp out on the necessities for a good workout," said Justin Houlahan, owner of the Toms River RetroFitness...

National Health & Fitness Chain Recognized for Fast, Outstanding Growth December 21, 2010 // Franchising.com // COLTS NECK, N.J. - RetroFitness was ranked 236 in Entrepreneur's 32nd Annual "Franchise 500," the world's most comprehensive franchise ranking. It's the brands first appearance on the list. The national gym chain known for providing great value at a low retro-price also ranked 83 in the list of "Top Fastest-Growing Franchises," and 10 in the "Top New Franchise" category.

"This is the first year RetroFitness has been eligible to participate based on number of years operating, and this high level recognition out the gate speaks volumes for the brand," said Eric Casaburi, founder and CEO of RetroFitness, LLC. "To be recognized as one of the fastest-growing franchise systems while ranking in the top half of the list – we really couldn't be more proud of our successes...

National Fitness Concept Provides Local Community with Affordable Fitness Center December 20, 2010 // Franchising.com // WOODBRIDGE, Va. – RetroFitness, a leading fitness concept known for providing great value at a low retro-price, today announced the opening of its newest located at 2700 Metro Plaza in Woodbridge near Potomac Mills Mall.

The 12,000-plus square-foot facility blends vibrant color schemes into a fun, energetic atmosphere where gym members can comfortably meet their fitness goals. A $19.99 monthly membership fee provides access to a full collection of top-of-the line Hammer Strength equipment and Life Fitness cardio machines complete with individualized LCD television monitors.

"I opened RetroFitness because it offers all the amenities of a full-service health club at a fraction of the cost to members and most importantly, it doesn't skimp out on the necessities for a good workout," said Roni Goldman, owner of the Woodbridge RetroFitness...

National Fitness Concept Provides Local Community with Affordable Fitness Center December 20, 2010 // Franchising.com // MANASSAS, Va. – RetroFitness, a leading fitness concept known for providing great value at a low retro-price, today announced the opening of its newest located in Sudley Plaza at 11714 Sudley Manor Dr in Manassas.

The 14,000-plus square-foot facility blends vibrant color schemes into a fun, energetic atmosphere where gym members can comfortably meet their fitness goals. A $19.99 monthly membership fee provides access to a full collection of top-of-the line Hammer Strength equipment and Life Fitness cardio machines complete with individualized LCD television monitors.

"We opened RetroFitness because it offers all the amenities of a full-service health club at a fraction of the cost to members and most importantly, it doesn't skimp on the necessities for a good workout," said John Roberti, owner of the Manassas RetroFitness...

National Gym Chain Partners with Legendary Company to Offer Members One-of-a-Kind Taste October 13, 2010 // Franchising.com // COLTS NECK, N.J. – RetroFitness, a leading national fitness chain known for providing great value at a low retro-price, today announced it has signed a three-year preferred beverage agreement with Coca-Cola.

Under the terms of the agreement, Coca-Cola will be the dominant beverage supplier for all RetroFitness locations throughout the United States. The product line-up includes Vitaminwater, Vitaminwater Zero, Dasani, PowerAde, PowerAde Zero, Core Sparkling Coke, Coke Zero and Diet Coke, as well as energy drinks.

"RetroFitness is proud to partner with Coca-Cola and its legendary brands to offer our loyal members great tasting products to hydrate their bodies before and after workouts," said Eric Casaburi, founder and CEO of RetroFitness, Inc...

National fitness brand to host franchise discovery day and open house at new Smyrna location

September 14, 2010 // Franchising.com // ATLANTA, GA - Breaking into the Atlanta-metro market in late-August with the opening of its first location in Smyrna, Georgia, RetroFitness, a well-known national fitness brand targeting growth in Atlanta, today announced it will host a Discovery Day and Open House at its newest club at 2400 Cobb Parkway.

On Tuesday, September 21, 2010 from noon to 8 p.m., RetroFitness executives will give prospective franchise investors insight into the RetroFitness franchise operation. Plus, discussion will include market availability in Atlanta for new RetroFitness gyms, and the various steps in the process to becoming a RetroFitness franchisee...

Well-Funded Entrepreneurs Making Multi-Unit Investment in Fitness Club Concept that Connects Directly with Today's Fit-Conscious Consumers September 01, 2010 // Franchising.com // COLTS NECK, N.J. – RetroFitness has the "workout regimen" for today's investors.

Ideally positioned as a low-barrier to entry investment with unmistakable branding and unrivaled consumer appeal, RetroFitness is leaving an indelible mark on the minds of investors and consumers. Company founder and CEO Eric Casaburi is leading the brand's charge into an aggressive growth phase, which is set to expand RetroFitness into new Mid-Atlantic markets and beyond its regional roots into the Midwest and South.

"Momentum is on our side," said Casaburi, who opened his first gym at the age of 22 and launched RetroFitness in 2004...

Retrofitness Looks to Continue its Fast-Growth Franchising Success as it Enters Atlanta Market with Plans for 15-20 Locations in Two Years

COLTS NECK, N.J., Jan. 12 /PRNewswire/ -- Retrofitness, the can't-be-duplicated 1980s-themed fitness chain, has made a bold resolution for 2010 and it's kicking off in Atlanta.
The New Jersey-based fitness franchisor said it will open a 14,200 square-foot club in Smyrna by March, the first of a projected 15 to 20 Atlanta-area locations to open within 24 months. Retrofitness already has 54 locations open in eight states with 80 more clubs in various stages of development.

Expanding to Atlanta is part of a major initiative to grow the Retrofitness brand across the United States by opening locations in select major markets, said Mark Mele, vice president of franchise sales...

1980s-Themed Gym Chain to Open Locations in King of Prussia and East Norriton

September 14, 2009 // Franchising.com // Colts Neck, New Jersey - Retro Fitness, Inc., a national 1980s-themed gym chain, announced today that it has signed a franchise development agreement to open two new locations in East Norriton and King of Prussia, PA. The agreement will bring the total number of Retrofitness locations in the Philadelphia market to six. Company plans call for an additional 14 new locations to open in the region during the next 36 months.

"Philadelphia is a prime expansion market for Retrofitness and we are thrilled to be executing our strategic growth in the area," said Eric Casaburi, CEO of Retro Fitness, Inc. "The Retrofitness business model continues to attract qualified investors who seek job security, flexibility and the chance to secure their financial futures amid an unstable economy...

Leading Fitness Chain Appoints New Chief Financial Officer and Director of Real Estate Development and Research

November 26, 2008 // Franchising.com // Colts Neck, New Jersey - Retrofitness, a unique 1980's-themed gym chain, is pumping up its executive team as Eric Casaburi, founder and CEO, announced today the hire of two key executives, Robert Sprechman and Richard Roser. Both have been brought on to lead the company's strategic growth initiatives for 2009 and beyond.

"It is an honor to have two highly respected individuals in the business industry join the Retrofitness team," said Casaburi. "Robert and Richard's shared knowledge and industry experience will enhance the Retrofitness brand and play a key role in defining the company's structure...

August 27, 2008 // Franchising.com // Manalapan, New Jersey - Eric Casaburi, founder and CEO of Retrofitness, a unique, 1980's-themed gym chain, today announced that it has partnered with and received a significant investment from Lake Capital, a Chicago based private equity firm that invests exclusively in service-based companies. Retrofitness will use the capital and strategic resources provided by Lake Capital to continue nationwide expansion and growth initiatives. Financial terms of the deal have not been disclosed.

"We are looking to aggressively grow our brand, membership experience and geographic reach all across the U.S.," said Casaburi. "The partnership and access to resources that Lake Capital provides will help dramatically accelerate our strategic growth plans...

Workout Chain Revolutionizes Retro with Cutting Edge Fitness Facility

December 14, 2007 // Franchising.com // New Jersey, – Retrofitness, an awe-inspiring workout destination that offers exercisers an affordable "escape" experience that flashes back to the 1980s, is rapidly gaining muscle in the $15.9 billion fitness industry, hitting the 60-unit mark within its first year of franchising and on track to open 450 additional franchise locations in the next three years.

Retrofitness features an ambience unlike any other fitness club, appealing particularly to Generation Xers seeking an escape back to the days of big hair and tapered jeans at an affordable monthly rate of $19.99. Gyms feature retro-style color schemes, classic pop-culture 80s music and a 'RetroTheatre' where members can burn off calories on treadmills, recumbent bikes and ellipticals while watching famous 80s flicks such as Sixteen Candles and Ferris Bueller's Day Off, as well as a full collection of more than 50 top-of-the-line strength equipment and cardio machines complete with individualized LCD television monitors...