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Updated RecentlyCycleBar Franchise
Indoor cycling studio
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
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a CycleBar Franchise?
The investment required to open a CycleBar Franchise is between $402,650-$498,700. There is an initial franchise fee of $60,000 which grants you the license to run a business under the CycleBar name.
Individual Unit Costs
- Initial Investment:
$402,650-$498,700 - Initial Franchise Fee:
$60,000 - Royalty Fee:
7% - Advertising Fee:
2%
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When did CycleBar start Franchising? 2015
United States: Nationwide
International: Worldwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | N/A |
| Startup Costs | Yes | Yes |
| Equipment | Yes | Yes |
| Inventory | Yes | Yes |
| Accounts Receivable | Yes | N/A |
| Payroll | Yes | Yes |
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
Number of Employees Required to Run: 15
To calculate how much income a franchise owner can do at CycleBar Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for CycleBar and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a CycleBar franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
CycleBar
17877 Von Karman Ave., Suite 100
Irvine,
CA
92614