Anytime Fitness vs CycleBar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Anytime Fitness vs CycleBar including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Anytime Fitness Franchise
CycleBar Franchise
Investment $96,140 - $523,824$402,650 - $498,700
Franchise Fee $25,000 - $42,500$60,000
Royalty Fee $649-$699/mo.7%
Advertising Fee $600/ mo2%
Year Founded 20012014
Year Franchised 20022015
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $1000-


Business Experience Requirements
 
Anytime Fitness Franchise
CycleBar Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Anytime Fitness Franchise
    CycleBar Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/-
    Start-up Costs No/YesYes/Yes
    Equipment No/YesYes/Yes
    Inventory No/YesYes/Yes
    Receivables No/YesYes/-
    Payroll No/YesYes/Yes

    Training & Support
     
    Anytime Fitness Franchise
    CycleBar Franchise
    Training With Anytime Fitness, the training never stops. Initially, we have a mandatory, one-week training course at our corporate office in Minnesota. Once the first week is completed, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance.On-The-Job Training: 5 days Classroom Training: 14 days
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Purchasing cooperativesNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising
    Operations 10% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		Number of Employees Required to Run: 15

    Expansion Plans
     
    Anytime Fitness Franchise
    CycleBar Franchise
    US Expansion YesYes
    Canada Expansion Yes-
    International Expansion YesYes

    Company Overviews

    About Anytime Fitness

    As an Anytime Fitness proprietor, we can help you open the key to conceivable achievement in the wellness business and furnish you with scripts, promotions, advertising pieces, deals and operations manuals we have created and utilized, which ought to give you the preferred standpoint you should be successful in your business attempts. Amid the underlying, compulsory preparing to all franchisees, we will cover:

    Executing a 9-stage deals procedure to offer more enrollments .

    Step by step instructions to make more activity through corporate deals, senior projects, referrals and the sky is the limit from there.

    At the first of consistently you may get our "Month to month Success Pack" which may contain new deals tips, advertising pieces, client benefit thoughts, part maintenance programs and progressing training parcels.

    Duplicates of daily paper advertisements, regular postal mail pieces, radio promotions, telemarketing scripts, tributes, referral passes and a showcasing plan to take after.

    1-800-704-5004 whenever for continuous preparing or day by day addresses.

    Yearly club camps, nearby visits and a talk space for other Anytime Fitness proprietors to share thoughts and musings on the wellness business. Give us a chance to help you bring your thoughts alongside criticism from other Anytime Fitness proprietors and put them under a magnifying glass.

    Pre-deal help.

    The most effective method to deal with your time and handle the everyday operations.

    The most effective method to ace approaching and active deals calls.

    The total investment necessary to begin operation of an Anytime Fitness center in 2019 was between $78,012 and $521,437. This included $13,000 to $80,000 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of an Anytime Fitness Express center in 2019 was between $58,870 and $393,829. This included $7,900 to $49,000 that must be paid to the franchisor or affiliate.

    "Top  ""     "Entrepreneur
    #51 in Canada's Top franchises.
    #22 in Franchise 500 for 2020.
    #30 in Franchise 500 for 2021.
    Veteran Incentives   20% off franchise fee







    About CycleBar

    CycleBar is the largest network of Premium Indoor Cycling studios, with more than 180 locations slated to open throughout 2018. The concept of indoor cycling has built incredible momentum over the last 30 years. Offering concierge-level service and premium amenities, CycleBar has capitalized on this momentum and is experiencing exceptional success in a proven industry.
    CycleBar’s turnkey franchise model provides a completely scalable business that lets you determine your own success. Leverage significant development costs and national vendor relationships to launch your studio successfully!

    Veteran Incentives  $1,500 off franchise fee

    "Entrepreneur
    #479 in Franchise 500 for 2020.
    #351 in Franchise 500 for 2021
    .