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CycleBar

Franchise

CycleBar® is the largest network of Premium Indoor Cycle Studios in the world and the only premium experiential fitness concept offered in franchising. The CycleBar® mission is simple - to create a fun and accessible experience for riders of all ages and fitness levels - where riders are driven to 'rock the ride, each and every time.'

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Facts & Figures

Liquid capital required
$284,350
Net worth required
$600,000
Investment
$284,350 - $497,150
Franchise fee
$49,500
Royalty
7.0% - 9.0%
Founded
2014
Franchising Since
2015

The FranchiseHelp Brief

What is it?
  • Fitness club franchise specializing in creating an exhilarating and fun indoor cycling experience
  • Emphasizes three keys to a successful cycle workout - good instructors, a great environment and rocking music for inspiration
How does it make money?
  • Fees for participating in an assortment of indoor cycling classes
  • Hosting of private events, parties and activities
Who is it for?
  • Cycling enthusiasts, but indoor cycling experience not necessary
  • Some sales, marketing or management experience is helpful
  • Individuals who enjoy working with many different people at a time
What would you do as a franchisee?
  • Day-to-day operation of an indoor cycling fitness club
  • Hire cycling trainers to lead classes and work with individual clients
  • Promote the CycleBar brand to build steady clientele

Overview

Cyclebar® Premium Indoor Cycling™

CycleBar is the first and only truly premium experiential fitness concept offered in franchising. The concept of indoor cycling has built incredible momentum over the last 30 years. CycleBar leverages current markets to capitalize on this momentum and is experiencing exceptional success in a proven industry.

The CycleBar® mission is simple - to create a fun and accessible experience for riders of all ages and fitness levels! We fuel each ride with amazing music in our state-of-the-art CycleTheatre® and deliver concierge-level service and an exhilarating experience that goes far beyond a great cardio fitness workout. Each ride is an unparalleled multisensory, intoxicating journey where riders are driven to ‘rock the ride, each and every time’.

CycleBar is the largest network of Premium Indoor Cycle Studios in the world, with more than 180 locations slated to open throughout 2018. CycleBar provides an established executive model, intensive training and a completely scalable business to make the possibilities endless!

CycleBar is part of the Xponential Fitness family of brands, the curator of the best fitness & wellness brands across every vertical of boutique fitness. With more than 25 years of boutique fitness franchising experience within each brand, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise partners. Current Xponential Fitness franchise brands include Club Pilates, Row House, StretchLab and AKT.  

Why CycleBar?

First Mover Advantage: CycleBar is the largest network of Premium Indoor Cycle Studios in the world with territorial availability across most major markets and states in the US as well as international territories.

Fast Growing Franchise: CycleBar is the first and only truly Premium Experiential Fitness Concept offered in franchising. With more than 340 locations sold and more than 110 locations open, CycleBar is rapidly expanding. Don’t miss the opportunity to own your local market!

Executive Model: CycleBar’s turnkey franchise model provides a completely scalable business that lets you determine your own success. It will enable you to leverage significant development costs and national vendor relationships to launch your studio successfully.

Investment: Enjoy our recurring revenue model, exceptional EBITDA margins and the confidence in our team that has more than 25 years of experience in fitness franchising.

What Support Does CycleBar Provide?

REAL ESTATE: Our dedicated staff will help you in the site selection and lease negotiation to find the ideal site for your CycleBar Franchise.

FINANCE: Our finance team will provide assistance in loan processing through the SBA and preferred financiers.

SITE BUILD SUPPORT: We’ll guide you through the entire build out process from corporate approved layout and general construction to interior design and on-site security, music & technology.

SALES: Enjoy comprehensive and ongoing sales training, monthly calls, expert guidance from pre-sale through to Grand Opening and into sustainability. Get introduced to our sales process, retail range and POS system to drive sales from the start.

MARKETING: The minute you sign your lease agreement, the marketing of your location begins, with personalized support to set up social media, marketing materials and all means of generating website traffic and memberships.

RECRUITMENT: Receive assistance hiring the most qualified instructors, general managers and sales associates. We know the quality of the instructor can make or break the cycle experience; each ride a journey, whether you’re wanting to rock out or zen out. 

COMPREHENSIVE TRAINING: We believe extensive support and comprehensive training is pivotal for your success as a CycleBar Franchise Owner. You’ll attend a 3-day training course at our corporate headquarters in Costa Mesa, California along with an annual Franchise Convention and ongoing weekly support. Your staff will also undergo extensive sales training to ensure your team excels in your studio’s goals.

*Liquid Capital Requirement = $150,000

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