Healthy Inspirations vs CycleBar Franchise Comparison

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

Start-Up Costs and Fees
 
Healthy Inspirations Franchise
CycleBar Franchise
Investment $75,000 - $375,000$402,650 - $498,700
Franchise Fee $15,000$60,000
Royalty Fee $395/mo.7%
Advertising Fee -2%
Year Founded 20002014
Year Franchised 20042015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K or 20% of franchise fee-


Business Experience Requirements
 
Healthy Inspirations Franchise
CycleBar Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Healthy Inspirations Franchise
    CycleBar Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoYes/-
    Start-up Costs No/NoYes/Yes
    Equipment No/NoYes/Yes
    Inventory No/NoYes/Yes
    Receivables No/NoYes/-
    Payroll No/NoYes/Yes

    Training & Support
     
    Healthy Inspirations Franchise
    CycleBar Franchise
    Training -On-The-Job Training: 5 days Classroom Training: 14 days
    Support Meetings, Toll-free phone line, Internet, Field operations/evaluationsNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Ad slicksCo-op Advertising Ad Templates National Media Regional Advertising
    Operations International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		Number of Employees Required to Run: 15

    Expansion Plans
     
    Healthy Inspirations Franchise
    CycleBar Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Healthy Inspirations

    NO LONGER FRANCHISING

    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
    .