Fernwood Women's Health Clubs vs CycleBar Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fernwood Women's Health Clubs vs CycleBar including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Fernwood Women's Health Clubs Franchise
CycleBar Franchise
Investment $500,000 - And Up$402,650 - $498,700
Franchise Fee N/A$60,000
Royalty Fee -7%
Advertising Fee -2%
Year Founded 19892014
Year Franchised 19932015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Fernwood Women's Health Clubs Franchise
CycleBar Franchise
Experience --

Financing Options
 
Fernwood Women's Health Clubs 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
 
Fernwood Women's Health Clubs Franchise
CycleBar Franchise
Training � Three weeks comprehensive program � E-learning modules � This includes one week at National Support Office and two weeks in club � Ongoing in-club support & 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
 
Fernwood Women's Health Clubs Franchise
CycleBar Franchise
US Expansion -Yes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Fernwood Women's Health Clubs

Looking to own your own Fernwood business?Fernwood Women's Health Clubs is a dominant player in the women's-only fitness in Australia. It owes its success to the quality of the franchisees who work hard in partnership with Fernwood to make a difference in the lives of women. We want franchise partners to join our team who: *Have a passion for customer service *Have a passion for health & fitness *Have a passion to drive your own business *Have a passion to make a difference
Fernwood system offers: *a well branded and dominate player in women's only fitness *lifestyle and financial rewards *opportunity for personal growth and achievements *full training and on going support *security of a long term franchise model

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
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