CycleBar vs Red Effect Infrared Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
CycleBar Franchise
Red Effect Infrared Fitness Franchise
Investment $402,650 - $498,700$149,500 - $1,037,500
Franchise Fee $60,000$45,000
Royalty Fee 7%7%
Advertising Fee 2%2%
Year Founded 20142016
Year Franchised 20152016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
CycleBar Franchise
Red Effect Infrared Fitness Franchise
Experience --

Financing Options
 
CycleBar Franchise
Red Effect Infrared Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/-No/Yes
Start-up Costs Yes/YesNo/Yes
Equipment Yes/YesNo/Yes
Inventory Yes/YesNo/Yes
Receivables Yes/-No/Yes
Payroll Yes/YesNo/Yes

Training & Support
 
CycleBar Franchise
Red Effect Infrared Fitness Franchise
Training On-The-Job Training: 5 days Classroom Training: 14 days On-The-Job Training: 386 hours Classroom Training: 94 hours Additional Training: 15 hours annually
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations 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
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Number of Employees Required to Run: 15 Number of Employees Required to Run: 5

Expansion Plans
 
CycleBar Franchise
Red Effect Infrared Fitness Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

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
.

About Red Effect Infrared Fitness

"Red

Imagine being an integral part of the next big thing in fitness!
At Red Effect Infrared Fitness we provide a unique, life-changing approach to wellness.
Our group fitness classes combine infrared therapy, heart rate monitoring and
high-intensity interval training to provide our customers with a fitness routine they love.
Our members, trainers, and staff feel the effect from more than just the infrared.
We have seen our members experience changes in body composition, energy levels,
self-confidence, muscle recovery, health conditions and more.
With each success story, we pass on the effect.
Red Effect is now offering franchising opportunities.
Discover the benefits of being a Red Effect gym owner.

The total investment necessary to begin operation of a Standard Studio is from $283,000 to $718,000. This includes $157,000 to $594,000 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of a Red Effect for Women Studio is from $149,500 to $349,200. This includes $101,750 to $228,500 that must be paid to the franchisor or its affiliates.
The total investment necessary to begin operation of an Executive Club is from $863,500 to $1,037,500. This includes $479,000 to $873,000 that must be paid to the franchisor or its affiliates.