The Max Challenge vs CycleBar Franchise Comparison

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

Start-Up Costs and Fees
 
The Max Challenge Franchise
CycleBar Franchise
Investment $131,868 - $280,592$402,650 - $498,700
Franchise Fee $40,000$60,000
Royalty Fee 6%7%
Advertising Fee 2%2%
Year Founded 20112014
Year Franchised 20132015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
The Max Challenge Franchise
CycleBar Franchise
Experience --

Financing Options
 
The Max Challenge 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
 
The Max Challenge Franchise
CycleBar Franchise
Training On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training On-The-Job Training: 5 days Classroom Training: 14 days
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software 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 Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates National Media Regional Advertising
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 2

Number of Employees Required to Run: 15

Expansion Plans
 
The Max Challenge Franchise
CycleBar Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About The Max Challenge

THE MAX Challenge gives our Franchise Owners the opportunity to make an incredible financial return on their investment while truly making a difference in the lives of their members and the community. Enjoy comprehensive guidance and strong ongoing support as you start on your path to fitness franchise ownership.

Veteran Incentives  $5,000 off franchise fee

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
.