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Below is an in-depth analysis and side-by-side comparison of Jenny Craig vs CycleBar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $122,600 - $301,500 | $402,650 - $498,700 |
Franchise Fee | $25,000 | $60,000 |
Royalty Fee | 4-7% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1983 | 2014 |
Year Franchised | 1987 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of then-current fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/- |
Start-up Costs | No/No | Yes/Yes |
Equipment | No/No | Yes/Yes |
Inventory | No/No | Yes/Yes |
Receivables | No/No | Yes/- |
Payroll | No/No | Yes/Yes |
Training & Support |
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Training | - | On-The-Job Training: 5 days Classroom Training: 14 days |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising |
Operations |
70% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 15 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
For over 20 years, Jenny Craig has been helping people live healthier, happier lives through weight management. As one of the leading weight- management service companies in the world, Jenny Craig not only offers franchisees strong financial potential, but also provides you with an opportunity to make a significant positive impact on the lives of your clients and the health of our nation.
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!