Nitro Fitness for Men vs CycleBar Franchise Comparison

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

Start-Up Costs and Fees
 
Nitro Fitness for Men Franchise
CycleBar Franchise
Investment $55,500 - $76,500$402,650 - $498,700
Franchise Fee $39,800$60,000
Royalty Fee $498/month7%
Advertising Fee -2%
Year Founded 20042014
Year Franchised 20042015
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $5000-


Business Experience Requirements
 
Nitro Fitness for Men Franchise
CycleBar Franchise
Experience --

Financing Options
 
Nitro Fitness for Men Franchise
CycleBar Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesYes/-
Start-up Costs No/YesYes/Yes
Equipment No/YesYes/Yes
Inventory No/YesYes/Yes
Receivables No/YesYes/-
Payroll No/NoYes/Yes

Training & Support
 
Nitro Fitness for Men Franchise
CycleBar 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
 
Nitro Fitness for Men Franchise
CycleBar Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Nitro Fitness for Men

The Nitro franchise business was created by experienced businessmen with systems, solutions and services designed for franchise owners. Franchising opportunities are available for a total capital investment of $55,500 to $76,500. Liquid capital required is only $30,000.

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
.