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Below is an in-depth analysis and side-by-side comparison of Fit after Fifty vs CycleBar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $39,800 - $47,200 | $402,650 - $498,700 |
Franchise Fee | N/A | $60,000 |
Royalty Fee | - | 7% |
Advertising Fee | - | 2% |
Year Founded | 2003 | 2014 |
Year Franchised | 2004 | 2015 |
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 |
Canada Expansion | - | - |
International Expansion | - | Yes |
Fit After 50 is a simple and satisfying business to own. With just a
small investment it can provide a good return to the studio owner. The
primary skills required to be a successful franchisee are an
entrepreneurial background and the desire to have fun! You spend your
days enjoying a non-stressful, healthy, social environment. You
experience the rewards of witnessing improvements to your members\'
health and well being. Basically, this is a "feel good, do good"
business....and you\'re working for yourself!
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!