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Below is an in-depth analysis and side-by-side comparison of Form YOU 3 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 | $33,000 - $43,000 | $402,650 - $498,700 |
Franchise Fee | $15,000 | $60,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | 2% |
Year Founded | - | 2014 |
Year Franchised | - | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | Yes/- |
Start-up Costs | -/- | Yes/Yes |
Equipment | -/- | Yes/Yes |
Inventory | -/- | Yes/Yes |
Receivables | -/- | Yes/- |
Payroll | -/- | Yes/Yes |
Training & Support |
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Training | - | On-The-Job Training: 5 days Classroom Training: 14 days |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising |
Operations | - | Number of Employees Required to Run: 15 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Form YOU 3 Weight Loss Centers has been a leader
in the weight loss industry since 1982. Millions of dieters,
just like you, have achieved tremendous success on our weight loss,
weight management and nutrition programs with our high quality products
and comprehensive member support system.
Form YOU 3 takes an integrated approach to weight loss. We offer two
separate programs to fit members' individual weight loss needs. Our
Traditional Program consists of food exchanges that provide a healthy
diet and allow members to enjoy wholesome, natural, grocery store foods
while still losing weight. Our new Form YOU FastTM Program is a
nutrient-rich meal replacement program that offers aggressive weight
loss and is often suited to members' active lifestyles. Our support
system offers one-on-one guidance, behavioral modification techniques,
weight management classes (in select locations), and motivational and
nutritional tips. Form YOU 3 helps members to lose weight successfully
and keep it off. Members learn to apply the skills they have been taught
to change unhealthy food behavior patterns and develop a positive
mindset to achieve and maintain a healthy body weight!
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!