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Below is an in-depth analysis and side-by-side comparison of CycleBar vs F45 Training including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $402,650 - $498,700 | $313,200 - $485,100 |
Franchise Fee | $60,000 | $50,000 |
Royalty Fee | 7% | 7% |
Advertising Fee | 2% | $200/mo. |
Year Founded | 2014 | 2011 |
Year Franchised | 2015 | 2013 |
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 | Yes |
Canada Expansion | - | - |
International Expansion | Yes | Yes |
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!
F45 is a dynamic and ever-evolving leader in innovation across the health and fitness industry. Offering a unique opportunity that is driven by quality, reputation, and convenience, F45 sets itself apart from competitors with a success-proven model for franchisees.
Integrating two of the most innovative and widely researched trends in the health and fitness industry, F45 has created a highly functional team training program. The pairing of interval cardio and strength training has been shown to be the most effective method of burning fat and building lean muscle.