CycleBar vs MADabolic Franchise Comparison

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

Start-Up Costs and Fees
 
CycleBar Franchise
MADabolic Franchise
Investment $402,650 - $498,700$210,450 - $415,200
Franchise Fee $60,000$35,000
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 20142019
Year Franchised 20152019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
CycleBar Franchise
MADabolic Franchise
Experience --

Financing Options
 
CycleBar Franchise
MADabolic 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
 
CycleBar Franchise
MADabolic Franchise
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
 
CycleBar Franchise
MADabolic Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

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 MADabolic

"Madabolic
At last, a new standard for group fitness. Rooted in science and backed by years of experience, MADabolic’s signature intervals are designed to torch body fat, increase strength and promote lean muscle. MADabolic delivers unparalleled Strength and Conditioning to an oversaturated cardio-focused market. We combine an incredible fitness workout with a strong emphasis on proper nutrition.