Retro Fitness, a West Plam Beach, Fla.-based low price fitness company, received an investment from Arena Capital Partners.
The partnership supports the demand for the fitness franchise to expand and develop health clubs throughout the greater Boston market, with plans to initially open 10-12 locations.
Over the next year, the expansion across Boston is slated to create hundreds of jobs for the local community with the ability to service over 40,000 members, elevating the focus on health and wellness starting in Middlesex and Essex counties.
Founded in 2004 and led by Andrew Alfano, CEO, Retro Fitness operates a national fitness franchise with more than 140 gyms open or in development across the country. The brand is now providing a full suite of support services including real estate site selection, offering training and development both on-site and at our support center as well as having all marketing and brand support being done in-house.