Fitness & Recreation · lender intelligence

How to finance a Retrofitness

State:

The SBA 7(a) lenders funding the most Retrofitness deals, ranked from public loan records — typical Retrofitness loan about $935K. A bank that has funded the brand knows the model — faster approvals, better terms.

Deal economics— what it takes to buy & finance Retrofitness

$935K

Typical loan

range $725K–$1.35M

$1.04M

Est. purchase price

≈ loan ÷ 90%

$142,458

Cash to close

$103,889 down + fees

$12,099/mo

Typical payment

~9.5% · 10yr

$166,966/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

26 days

Typical time to fund

Lenders competing

more = leverage

7.77%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with Retrofitness

Ranked by funded Retrofitness loans. Tap a lender to open its full record, or hit Get in touch for an introduction.

1.95 loans · $67M · New York, NYFull record →
2.66 loans · $68M · Milford, IAFull record →
3.242 loans · $281M · Chicago, ILFull record →
4.78 loans · $79M · New Orleans, LAFull record →
5.11 loans · $10M · Bedminster, NJFull record →
6.1,322 loans · $185M · Wilmington, DEFull record →
7.9 loans · $10M · Warren, PAFull record →
8.1,296 loans · $1.4B · Wilmington, NCFull record →

13+ funded Retrofitness deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

Tenafly Fitness Center LLC in Tenafly, NJ — $1.6M (2025) · Northwest Bank
Program
Preferred Lenders Program
Rate at approval
9% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.2M (75%)
Approval → funding
55 days
Approved
3/6/2025
First disbursed
4/30/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
11
Business age
Existing or more than 2 years old
Industry
Fitness and Recreational Sports Centers
Funded by Northwest Bank · Lender record →
Your business? Claim this record · Request removal
Beach Club One Holdings, LLC in Reading, PA — $935K (2025) · Community Bank & Trust-West Georgia
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$701K (75%)
Approval → funding
145 days
Approved
8/8/2025
First disbursed
12/31/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Existing or more than 2 years old
Industry
Fitness and Recreational Sports Centers
Funded by Community Bank & Trust-West Georgia
Your business? Claim this record · Request removal
RF Lacey LLC in Forked River, NJ — $1.4M (2024) · Grasshopper Bank National Association
Program
Preferred Lenders Program
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.0M (75%)
Approval → funding
53 days
Approved
3/23/2024
First disbursed
5/15/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
8
Business age
New Business or 2 years or less
Industry
Fitness and Recreational Sports Centers
Funded by Grasshopper Bank National Association · Lender record →
Your business? Claim this record · Request removal
Egg Harbor Fitness LLC in Egg Harbor Township, NJ — $423K (2023) · Grasshopper Bank National Association
Program
Preferred Lenders Program
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$317K (75%)
Approval → funding
6 days
Approved
7/26/2023
First disbursed
8/1/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
10
Business age
New Business or 2 years or less
Industry
Fitness and Recreational Sports Centers
Funded by Grasshopper Bank National Association · Lender record →
Your business? Claim this record · Request removal
RK Fitness Lincroft LLC in Lincroft, NJ — $300K (2023) · Peapack Private Bank and Trust
Program
7a General
Rate at approval
8.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$225K (75%)
Approval → funding
21 days
Approved
11/16/2022
First disbursed
12/7/2022
Loan status
Paid in full (6/30/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
10
Business age
New Business or 2 years or less
Industry
Fitness and Recreational Sports Centers
Funded by Peapack Private Bank and Trust · Lender record →
Your business? Claim this record · Request removal
JIREH FITNESS SOLUTIONS CORP. in Wellington, FL — $874K (2022) · Gulf Coast Bank and Trust Company
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
99 months
SBA guaranteed
$656K (75%)
Approval → funding
25 days
Approved
1/6/2022
First disbursed
1/31/2022
Loan status
In workout — SBA bought the guarantee
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
21
Business age
Startup, Loan Funds will Open Business
Industry
Fitness and Recreational Sports Centers
Funded by Gulf Coast Bank and Trust Company · Lender record →
Your business? Claim this record · Request removal
Mike's Tamarac Fitness LLC in Tamarac, FL — $1.3M (2021) · Gulf Coast Bank and Trust Company
Program
Preferred Lenders Program
Rate at approval
5.75% variable
Term
126 months
SBA guaranteed
$1.2M (90%)
Approval → funding
29 days
Approved
7/29/2021
First disbursed
8/27/2021
Loan status
Paid in full (3/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Startup, Loan Funds will Open Business
Industry
Fitness and Recreational Sports Centers
Funded by Gulf Coast Bank and Trust Company · Lender record →
Your business? Claim this record · Request removal
SK FITNESS LLC in Fort Lauderdale, FL — $2.0M (2020) · purchase · TD Bank, National Association
Program
Preferred Lenders Program
Rate at approval
4.5% fixed
Term
121 months
SBA guaranteed
$1.5M (75%)
Approval → funding
39 days
Approved
9/22/2020
First disbursed
10/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
22
Business age
Change of Ownership
Industry
Fitness and Recreational Sports Centers
If you were the buyer here
Est. deal size
$2.2M
Est. down payment (10%)
$223K
Est. cash at closing
$308K
Monthly payment
$20,705
Annual debt service
$248K
Cash flow needed (1.25×)
$311K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by TD Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Retro Fitness in Annapolis, MD — $1.4M (2020) · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
6.25% fixed
Term
126 months
SBA guaranteed
$1.0M (75%)
Approval → funding
8 days
Approved
1/6/2020
First disbursed
1/14/2020
Loan status
Paid in full (6/30/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
29
Business age
Startup, Loan Funds will Open Business
Industry
Fitness and Recreational Sports Centers
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
JMFIRM FITNESS LLC in Edison, NJ — $1.1M (2020) · purchase · United Community Bank
Program
Preferred Lenders Program
Rate at approval
6.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$821K (75%)
Approval → funding
26 days
Approved
11/4/2019
First disbursed
11/30/2019
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
52
Business age
Change of Ownership
Industry
Fitness and Recreational Sports Centers
If you were the buyer here
Est. deal size
$1.2M
Est. down payment (10%)
$122K
Est. cash at closing
$167K
Monthly payment
$12,434
Annual debt service
$149K
Cash flow needed (1.25×)
$187K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United Community Bank · Lender record →
Your business? Claim this record · Request removal
New Fitness of Jerome LLC in Bronx, NY — $900K (2020) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$675K (75%)
Approved
11/25/2019
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
9
Business age
Change of Ownership
Industry
Fitness and Recreational Sports Centers
If you were the buyer here
Est. deal size
$1.0M
Est. down payment (10%)
$100K
Est. cash at closing
$137K
Monthly payment
$10,683
Annual debt service
$128K
Cash flow needed (1.25×)
$160K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
Bala Fitness Of Jerome, LLC in Bronx, NY — $725K (2020) · purchase · Byline Bank
Program
Preferred Lenders Program
Rate at approval
7.5% variable
Term
54 months
SBA guaranteed
$544K (75%)
Approval → funding
20 days
Approved
12/11/2019
First disbursed
12/31/2019
Loan status
In workout — SBA bought the guarantee
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
6
Business age
Change of Ownership
Industry
Fitness and Recreational Sports Centers
If you were the buyer here
Est. deal size
$806K
Est. down payment (10%)
$81K
Est. cash at closing
$110K
Monthly payment
$15,860
Annual debt service
$190K
Cash flow needed (1.25×)
$238K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
JMFIRM FITNESS LLC in Edison, NJ — $115K (2020) · purchase · United Community Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$58K (50%)
Approval → funding
26 days
Approved
11/4/2019
First disbursed
11/30/2019
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
52
Business age
Change of Ownership
Industry
Fitness and Recreational Sports Centers
If you were the buyer here
Est. deal size
$128K
Est. down payment (10%)
$13K
Est. cash at closing
$16K
Monthly payment
$1,306
Annual debt service
$16K
Cash flow needed (1.25×)
$20K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United Community Bank · Lender record →
Your business? Claim this record · Request removal

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CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to Retrofitness businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Retrofitness purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. Grasshopper Bank National Association funds the most. CapBench is not a lender.

$935K typical Retrofitness loan
9 lenders fund the brand
26 days typical to fund

Buyers researching a Retrofitness typically pre-qualify for SBA 7(a) financing next, then ask CapBench to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this deal Talk to a loan broker Retrofitness record

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/retrofitness
API:: https://www.capbench.com/api/public/lenders?franchise=retrofitness
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.