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Below is an in-depth analysis and side-by-side comparison of Hungry Heart 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 | $43,000 - $57,000 | $402,650 - $498,700 |
Franchise Fee | $24,500 | $60,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | - | 2% |
Year Founded | 1996 | 2014 |
Year Franchised | 2006 | 2015 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $500 | - |
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/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 |
By the time many of our clients have reached The Hungry Heart, they feel like they have tried everything and they’ve had it. The same behaviors that drive us to be successful in parts of our
personal and professional life also lead us to having problems with
food. Why? When there is a problem we will give 150% to resolve it. If
we don’t know how to fix it and don’t accept that we can’t resolve it on
our own, we feel frustrated and stuck. When we feel stuck, we will
often use food to temporarily block out the pain and frustration of not
knowing how to fix the situation. As long as we need food to help us deal with what is emotionally
going on in our lives, it doesn’t matter what diet or program we try
because eventually we will go back to the food. We have to learn to
process our feelings and emotions so we don’t turn to food and use it as
a tool to deal with what is going on in our lives.
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!