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Below is an in-depth analysis and side-by-side comparison of Pure Barre 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 | $204,100 - $461,700 | $402,650 - $498,700 |
Franchise Fee | $60,000 | $60,000 |
Royalty Fee | 7% | 7% |
Advertising Fee | 2% | 2% |
Year Founded | 2001 | 2014 |
Year Franchised | 2009 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
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 | Yes/- |
Start-up Costs | -/Yes | Yes/Yes |
Equipment | -/Yes | Yes/Yes |
Inventory | -/Yes | Yes/Yes |
Receivables | -/Yes | Yes/- |
Payroll | -/- | Yes/Yes |
Training & Support |
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Training | On-The-Job Training: 40-50 hours Classroom Training: 26 hours | On-The-Job Training: 5 days Classroom Training: 14 days |
Support | launch coordination Open successfully and quickly with the assistance of our launch coordinator. real estate Get help finding that dynamite location in your market. construction & design Maximize your space and create a sleek, beautiful and functional studio. training Ensure your team is always prepared to deliver that killer class! marketing consulting Learn best practices picked up from studios around the country. Newsletter Meetings/Conventions Field Operations Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
Marketing | Co-op Advertising Ad Templates National Media SEO Email marketing | Co-op Advertising Ad Templates National Media Regional Advertising |
Operations | Number of Employees Required to Run: 9 | Number of Employees Required to Run: 15 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | 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!