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Below is an in-depth analysis and side-by-side comparison of Concept 10 10 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 - $150,000 | $402,650 - $498,700 |
Franchise Fee | N/A | $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 |
THIS IS NOT A FRANCHISE THIS IS A LICENSING OPPORTUNITY Join Concept 10 10 for an outstanding business opportunity. Concept 10 10's equipment is one-of-a-kind with the main goal of creating improved health and functionality for its clients. Strengthening the lower back to prevent, reduce and eliminate lower back problems is just one of the niche markets for this business. An exceptional track record in 8 countries worldwide. Cost to start up is approximately $200,000 or more. Training and information for all licensing agreements are available at the Concept 10 10 office based in Naples.
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!