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Below is an in-depth analysis and side-by-side comparison of Clark Fitness Training 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 | $100,000 - And Up | $402,650 - $498,700 |
Franchise Fee | $25,000 | $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 | You will be trained in all aspects of the business including: * New Business * Sales & Marketing * Operations * Financials * Navigating the website * Class Choreography Initial training will be held at one of the Clark Fitness Training Sites in central New Jersey. Once you fully understand the systems of operations, you will continue to receive ongoing support from our customer service center and field reps. | 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 |
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!