SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA
Retrofitness franchise in Florida: what the public record shows
Franchisees of Retrofitness in Florida have taken 10 SBA loans since 1991 (average $1,172,490)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 6.8% is the better guide.
Loans in FL
10
Resolved
7
Local charge-off
thin
National charge-off
6.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = FL. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.
Businesses in this industry
2,767
statewide, all operators
Per 100k residents
11.8
national 11.9
Versus the country
-1%
thinner
Every business in Retrofitness's industry operating in Florida — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.
Avg weekly wage, this industry
$468
Florida, BLS QCEW 2025
National average
$438
same industry, all states
Versus the country
+7%
costlier to staff
What Retrofitness's industry actually pays workers in Florida, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This is a real cost signal independent of the FDD — a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.
| System | Loans in FL | Local charge-off | Units in FL |
|---|---|---|---|
| ANYTIME FITNESS | 78 | 27.1% | — |
| Orangetheory | 26 | 0.0% | — |
| Club Pilates | 21 | 0.0% | — |
| GOLD'S GYM | 21 | 23.5% | 7 |
| Curves for Women | 19 | 41.2% | — |
| F45 Training | 17 | 27.3% | — |
| CycleBar | 15 | thin | — |
| THE LITTLE GYM | 15 | thin | — |
| Burn Boot Camp Fitness | 13 | thin | — |
| Yoga Six | 12 | thin | — |
| MY GYM | 11 | thin | — |
| World Gym & Fitness Center | 9 | thin | — |
Same sector, same state, same public records — how Retrofitness compares to the systems a buyer in Florida would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing Retrofitness's numbers, including talking you out of a bad deal.