Retro Fitness
The total investment to open a Retro Fitness franchise ranges from $275,000 to $1.7M. The initial franchise fee is $29,000. Ongoing royalties are 6% plus a 4% advertising fee.
What is the Retro Fitness franchise?
Retro Fitness is a gym business for people looking to exercise. Estimated total initial investment is $275,000 to $1,664,300, and the initial franchise fee is $29,000.
The royalty is 6 percent of sales, and the advertising or brand fund fee is 4 percent. The franchise agreement term is 10 years. Headquarters are in Florham Park, New Jersey. Retro Fitness began franchising in 2019.
Loan Activity Score
39/100
SBA Default Rate
6.8%
Active Lenders
24
According to its Franchise Disclosure Document or public business records, Retro Fitness has 99 locations, all owned by franchisees. Public SBA loan records show 24 lenders made 73 loans to franchisees of Retro Fitness. PeerSense calculates Retro Fitness's score as 39 out of 100, using public SBA loan performance and recent lending activity.
99 locations
$275,000 to $1.7M
$29,000
99
99 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Retro Fitness
73
Total SBA loans
$974K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Retro Fitness
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
6.8%
vs 7.9% peer avg
SBA Loans
73
Total Volume
$71.1M
Active Lenders
24
6 selective
States
10
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Retro Fitness based on SBA lending data
SBA Default Rate
6.8%
1.1% below peer avg
SBA Loan Volume
73 loans
Across 24 lenders
Lender Diversity
24 lenders
Avg 3.0 loans per lender
Investment Tier
Premium investment
$275,000 to $1,664,300 total
Retro Fitness: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2014
17 approvals. The best year on record for Retro Fitness.
Top SBA State
New Jersey
40 SBA financed Retro Fitness locations, the densest operator footprint.
Average Loan Size
$918K
Median $850K. Use as a sizing anchor when modeling your own Retro Fitness unit.
Lender Concentration
37.4%
Moderately Spread
Share of Retro Fitness approvals captured by the top 3 SBA lenders.
Retro Fitness's SBA lending pipeline peaked in 2014 (17 approvals). Operator density is highest in New Jersey with 40 SBA financed locations. Average funded ticket sits at $918K, with the median at $850K. Lender mix is moderately spread: the top three SBA lenders account for 37.4% of approvals. Meaningful choice exists, but specific lenders carry the brand.
Payment Estimator
Estimated Monthly Payment
$2,847
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Retro Fitness, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman