[November 15, 2016] |
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Retro Fitness Franchise: A Fit for Everyone
Not many franchises can say they have professional athletes, doctors,
military veterans, firefighters, high-level executives, multi-brand
franchisees, independent business owners and a pop star in their
franchise system, but Retro
Fitness can. The fast-growing, national low-cost high-value fitness
franchise has been gaining popularity amongst a wide group of franchise
prospects and is increasingly attracting multi-unit franchisees to its
system. In the past 18 months alone, 15 separate groups of multi-unit
franchise owners have joined the franchise.
"Our diverse group of franchisees is a big part of what makes Retro
Fitness so successful," said Retro Fitness CEO and founder Eric
Casaburi. "Everyone brings something different to the table, and while
we're the ones providing them with all the knowledge they need to know
about the Retro Fitness business model, there's so much that we learn
from them in return. It's an exciting time to be part of the Retro
Fitness family."
Here are some reasons recent franchisees joined the Retro Fitness
franchise system:
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Complimentary to Existing Franchises - Anish
Patel: Patel and his father own several Super 8, Days Inn and
Quality Inn hotel franchises and are also developing three Great Clips
franchises in Maricopa County, Arizona. He recently signed a five-unit
agreement with Retro Fitness as a compliment to existing business
assets.
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Diversifying Franchise Portfolio - Lawrence and Larry
Jasenski: Lawrence and his father, Larry, own 23 Subway locations
throughout the Albany-Schenectady, New York area and signed a
five-unit deal with Retro Fitness to help them diversify their food
and beverage portfolio. Their first location just opened for workouts
this month.
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Career after the NFL - Jameel McClain: McClain is
a former NFL linebacker whose professional career spans eight seasons,
including a Super Bowl win with the Baltimore Ravens in SB XLVII. He
played seven seasons with the Ravens and one with the New York Giants.
He signed a threeunit deal with Retro Fitness and is on track to open
his first location in Catonsville, Maryland in December. David Garrard
is another former NFL player who joined Retro Fitness in 2013 and
currently has two gyms operating in Jacksonville, Florida and one
under development.
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Making an Independent Gym Better - Jordan Knight:
Known as the front man of New Kids On The Block, Knight joined the
franchise in 2015 to convert his existing Cranston, R.I. gym, Fit
World, into a Retro Fitness. His 10-year-old club needed a whole new
energy and Knight wanted to increase value for members, all while
gaining support from a franchisor. He plans to continue growing the
Retro Fitness brand with new locations in Massachusetts.
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Planning for Retirement - Ralph Basile, Daniel Pace
and Peter Pace: With a few decades each in sales, the Pace
brothers saw gym ownership as the perfect platform to supplement their
families' retirement savings. They took over the Kingston, New Jersey
Retro Fitness location in June with Daniel's brother-in-law, Basile,
who runs the day-to-day operations of the gym. His background consists
of being a volunteer firefighter in the Monmouth Junction as well as a
911 dispatcher for the South Brunswick Police Department, a position
he held for almost ten years.
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A Sound Financial Investment - Joseph Ciolino,
Anthony Ciolino, Angela Schmuck, Ryan Schmuck and Jason Schaefer: Joseph
Ciolino is currently the CFO and a shareholder at Belfor, one of the
nation's leading property restoration companies with $1.5+ billion in
revenue across 250 offices in 28 countries. Ciolino also owns
investments in more than 100 other companies and is the primary
investor to the three Retro Fitness locations his team purchased this
past March. Schaefer is leading operations, having run a small
independent personal training studio in Michigan for several years.
Their first location opened earlier this month in Rochester, Michigan.
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 has already signed more than 20 franchise agreements for new
or emerging market development and opened 14 gyms this year. Driving the investor-friendly
franchise's growth are strong-unit economics, streamlined business
operations and a focused, forward-thinking approach that continuously
brings more value to franchisees and members.
About Retro Fitness
Founded in 2004 by entrepreneur Eric Casaburi, Retro Fitness has evolved
from a regional Northeast gym concept into a national fitness system
with more than 150 gyms open in 16 states. Under Casaburi's leadership,
Retro Fitness is expanding its footprint with more than 100 gyms in its
development pipeline and plans to have 250 gyms open in the next two
years in new, major markets, such as Florida, Illinois, California,
Maryland, Michigan, New York, North Carolina, Pennsylvania, Texas, Utah,
Virginia, and Washington, D.C. Each Retro Fitness location is equipped
with a full-service fitness center, including 60-100 pieces of equipment
supplied by leading manufacturers. The burgeoning franchise has placed
in the top 300 of Entrepreneur's magazine's prestigious Franchise
500 list for six consecutive years. For more information, please visit www.retrofitness.com,
and to learn more about franchise opportunities visit www.retrofranchising.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161115006327/en/
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