Stretch U vs CycleBar Franchise Comparison

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

Start-Up Costs and Fees
 
Stretch U Franchise
CycleBar Franchise
Investment $49,650 - $508,306$402,650 - $498,700
Franchise Fee $29,000 - $344,806$60,000
Royalty Fee 6%7%
Advertising Fee 2%2%
Year Founded 20102014
Year Franchised 20122015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Stretch U Franchise
CycleBar Franchise
Experience --

Financing Options
 
Stretch U Franchise
CycleBar Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/-
Start-up Costs -/-Yes/Yes
Equipment -/-Yes/Yes
Inventory -/-Yes/Yes
Receivables -/-Yes/-
Payroll -/-Yes/Yes

Training & Support
 
Stretch U Franchise
CycleBar Franchise
Training Between thirty (30) and sixty (60) days before your Unit Franchise opens for business, we provide our initial training program for Stretch U Unit Franchises to you, other members of your management team, and any agents you employ. The training program includes classroom instruction and Franchise operation and on-the-job training at either our headquarters in Oklahoma City, your Unit Franchise location, or any other location we designate, including:  Stretch Training Techniques  Basic Management BDP, & SOP training; financial and KPI training  Sales and marketing training  Software TrainingOn-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
 
Stretch U Franchise
CycleBar Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Stretch U

All of Stretch U’s locations are currently corporately owned stores or licensed affiliates. We may decide to franchise in the future and if you are interested, you can send an inquiry to [email protected].

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
.