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Retro Health Declares First Well being Membership Places Beneath Mission LIFT Initiative | Enterprise

Main Health Franchise Expands into the Texas Market with the First of Over 30 New Well being Golf equipment

WEST PALM BEACH, Fla., Jan. 12, 2023 /PRNewswire/ — Retro Health, one of many quickest rising well being membership franchises, at the moment introduced the opening of the primary golf equipment below Mission LIFT, a brand new firm initiative to open 500 well being golf equipment in 50 Black and Brown communities throughout the nation over the following 5 years. BlackRock’s Influence Alternatives Fund and James Collins, Managing Companion of Eastwood Capital Companions, collectively have dedicated to creating a minimal of 80 new Retro Health Well being Golf equipment in 4 completely different areas within the nation, the primary of which are actually open in Dallas, Texas.

“We’re excited to accomplice with James Collins on our Mission LIFT initiative and to announce the primary 4 new well being golf equipment in Dallas, Texas,” mentioned Andrew Alfano, Chief Government Officer at Retro Health. “This funding is the most important growth deal within the historical past of the corporate, extra importantly we’re proud that it’s about making a major distinction and giving again to Black and Brown communities.”

Retro Health is seeking to incentivize others to take this journey with them. Mission LIFT traders will profit by receiving a waived franchise payment and 50% off yr one royalties. Moreover, Retro Health will probably be donating a proportion of its royalties again to a company throughout the neighborhood for the lifetime of the enterprise. This initiative additional helps Retro Health’ dedication to creating a long-lasting, profound influence on the well being membership trade and the communities through which they serve.

“It has been extraordinarily gratifying working with the Retro Health staff and seeing the primary well being membership places below its Mission LIFT initiative come to life,” mentioned James Collins, Managing Companion at Eastwood Capital Companions. “I am excited to see the constructive influence we make with these first places within the larger Dallas space, and I am much more excited to proceed my partnership with the Retro Health staff as we open extra well being golf equipment for native communities to learn from , in additional methods than one.”

As a world class franchise, Retro Health is without doubt one of the few franchisors in any trade that gives a real, full suite of companies. Along with actual property website choice and negotiation, building and supply of a real turnkey field, devoted space managers and a Help Heart for coaching and growth, in addition they supply companies that encompass an in-house media company, name middle, accounting companies and extra, all to make sure franchisees and traders are supported from the beginning.

The primary 4 places are actually open within the larger Dallas space. For extra info on the addresses of the brand new places, please see beneath:

  • Mesquite-Galloway Avenue, 2524 N. Galloway Avenue, Mesquite
  • Dallas-Beltline Rd. 7989 Belt Line Street, Ste #200, Dallas
  • Richardson-Beltline Rd. 1301 E. Beltline Street, Richardson
  • Garland-Broadway Blvd. 3265 Broadway Blvd Suite 102, Garland

For extra info on methods to turn into an investor in Mission LIFT, please go to RetroFitness.com/Franchising/Mission-LIFT/.

About Retro Health:

For practically 20 years, Retro Health has been offering members with a timeless method to train, well being and health. With 200 well being golf equipment open or in growth, Retro Health is without doubt one of the quickest rising Excessive Worth-Low Value health franchises in the USA. With a brand new govt management staff led by former Starbucks govt, Andrew Alfano, Retro Health offers traders and franchisees with a full suite of companies together with actual property website choice, coaching, in-club assist, advertising and marketing companies, and operations to ship a turnkey and operational answer.

About James Collins:

James Collins is an skilled non-public fairness investor. Throughout his 22 years of personal fairness investing, Collins has been an integral member of deal groups which have invested roughly $0.5 billion of fairness capital in a number of platform investments – shopper merchandise and retail, enterprise companies, communications, and transportation and logistics corporations. Previous to working as a non-public fairness investor, Collins labored as a strategic administration marketing consultant and mergers and acquisitions funding banker at Bain & Firm, Inc. and Bowles Hollowell Connor & Co., respectively. Collins earned his Bachelor of Enterprise Administration from Howard College and his Grasp in Enterprise Administration from Harvard Enterprise Faculty. He at present sits on company and not-for-profit boards of administrators, together with Factors of Gentle, the world’s largest group devoted to volunteer service, Board of Administrators, chairing its Finance, Funding and Audit Committee, and serving as a member of Factors of Gentle’s Government Committee.

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SOURCE RetroFitness

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