RetroFitness Celebrates Past Years' Success and Focuses on Bright Future at Fourth Annual National Conference
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.
"It will be a strong year for our company. We are adding incredible value to our gyms without increasing price. By demanding high-quality gyms and increasing the experience of our member's workouts, we will stand out against the competition," Casaburi said. "The conference was a high-energy event that produced new ideas on what we need to do to remain a leading fitness concept. The takeaways were unbelievable and we look forward to another impressive year of growth for RetroFitness."
To further position the franchisee's for success, company executives spoke at a series of business seminars that lasted throughout the course of the conference, educating franchisees on how to drive the RetroFitness culture and enhance business performance levels within their gyms.
Adding to the excitement in the conference was a guest speech by NFL legend, Rocky Bleier, most notable as former Pittsburgh Steelers running back and four-time Super Bowl champion, spoke to the crowd about leadership and teamwork.
Since it began franchising, RetroFitness currently has more than 100 new clubs in its development pipeline, nearly 250,000 members, and more than 80 clubs operating. In 2011, RetroFitness opened 20 new gyms and inked more than 25 franchise agreements. The company projects 300 gyms in the next three years, focusing on key markets such as Maryland, New York, Virginia, and Washington D.C.
The RetroFitness franchise model continually attracts high-quality, single and multi-unit investors who have a strong business acumen. Offering entrepreneurs the opportunity to open in 10,000 to 16,000 sq. ft. spaces in key U.S. markets where prime real estate is more affordable than ever before, RetroFitness is "fit" for investors in the current economy.
RetroFitness features a full collection of top-of-the line strength equipment and cardio machines from industry leaders, such as Life Fitness and Iron Grip, complete with individualized LCD television monitors. Each gym offers members a RetroTheatre where members can work out in a darkened room on cardio machines while watching movies. In addition, members can enjoy personal training, tanning, full-service locker rooms, a RetroBlends juice bar and onsite chiropractic services, in addition to other amenities.
For more information, please visit www.retrofitness.net or call 1800-RETRO-04.
Founded in 2004 by entrepreneur Eric Casaburi, RetroFitness has evolved from a regional Mid-Atlantic gym concept into a national fitness system with more 100 gyms in its development pipeline. Under Casaburi's leadership, RetroFitness has grown to 80-plus gyms in 10 states. Expansion plans call for 300 gyms in the next three years and growth into new major markets such as Chicago, Dallas and Washington D.C. Each RetroFitness location is equipped with a full service fitness center including 60-100 pieces of equipment supplied by leading manufacturers such as Life Fitness and Iron Grip. RetroFitness was ranked in the top-half of the 2012 Entrepreneur "Franchise 500" annual ranking, marking the brand's second-consecutive appearance on the prestigious list. The company was also recognized as one of the "Top Fastest-Growing Franchises" and "Top New Franchises" in the publication's 32nd annual ranking. For more information, please visit www.retrofitness.net, and to learn more about franchise opportunities visit www.retrofranchising.com.
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