OrangeTheory Fitness vs CycleBar Franchise Comparison

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

Start-Up Costs and Fees
 
OrangeTheory Fitness Franchise
CycleBar Franchise
Investment $608,172 - $1,800,322$402,650 - $498,700
Franchise Fee $59,500$60,000
Royalty Fee 8%7%
Advertising Fee 2%2%
Year Founded 20102014
Year Franchised 20102015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
OrangeTheory Fitness Franchise
CycleBar Franchise
Experience $150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor-

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

Training & Support
 
OrangeTheory Fitness Franchise
CycleBar Franchise
Training On-The-Job Training: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learningOn-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 Proprietary Software Franchisee Intranet PlatformNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing

Co-op advertising, Ad slicks, Regional advertising

Co-op Advertising Ad Templates National Media Regional Advertising
Operations Manual provided Number of Employees Required to Run: 8 - 11Number of Employees Required to Run: 15

Expansion Plans
 
OrangeTheory Fitness Franchise
CycleBar Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion YesYes

Company Overviews

About OrangeTheory Fitness

Orangetheory Fitness is an exciting new fitness concept like no other that is sweeping the nation. Hailed by the New York Times as an effective new plateau-busting workout, Orangetheory Fitness leverages heart-rate-monitored interval exercise and group personal training to maximize calorie burn. In less than a year after opening the first Orangetheory Fitness studio in Ft. Lauderdale in March 2010, the franchise grew to 38 locations - and counting.
Orangetheory Fitness offers:
*Specialized group personal training sessions to mid- and high-income consumers
*Studio will drive substantial unique consumers to the retail location every month
*Best one-hour workout in the country
*Affordable group personal training
*55 classes per week at all levels
*Experienced, successful franchise company & management team

This is your opportunity to be a small business owner. When you open an Orangetheory Fitness franchise, you gain a support network of other franchisees, a branding plan for your business, and cooperative advertising.

"Top  ""
#95 in Canada's Top franchises.
#43 in Franchise 500 for 2020.


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
.