Smart for Life vs CycleBar Franchise Comparison

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

Start-Up Costs and Fees

 
Smart for Life Franchise
CycleBar Franchise
Investment N/A $284,350 - $497,150
Franchise Fee N/A $30,000 - $49,500
Royalty Fee - 7%
Advertising Fee - 2%
Year Founded 2002 2014
Year Franchised 2004 2015
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Smart for Life Franchise
CycleBar Franchise
Experience - -

Financing Options

 
Smart for Life Franchise
CycleBar Franchise
  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

 
Smart for Life 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

 
Smart for Life Franchise
CycleBar Franchise
US Expansion - Yes
Canada Expansion - -
International Expansion - Yes

Start-Up Costs and Fees Mobile

Investment
Smart for Life Franchise
N/A
CycleBar Franchise
$284,350 - $497,150
Franchise Fee
Smart for Life Franchise
N/A
CycleBar Franchise
$30,000 - $49,500
Royalty Fee
Smart for Life Franchise
-
CycleBar Franchise
7%
Advertising Fee
Smart for Life Franchise
-
CycleBar Franchise
2%
Year Founded
Smart for Life Franchise
2002
CycleBar Franchise
2014
Year Franchised
Smart for Life Franchise
2004
CycleBar Franchise
2015
Term Of Agreement
Smart for Life Franchise
-
CycleBar Franchise
-
Renewal Fee
Smart for Life Franchise
-
CycleBar Franchise
-


Business Experience Requirements

Experience
Smart for Life Franchise
-
CycleBar Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Smart for Life Franchise
-/-
CycleBar Franchise
Yes/-
Start-up Costs
Smart for Life Franchise
-/-
CycleBar Franchise
Yes/Yes
Equipment
Smart for Life Franchise
-/-
CycleBar Franchise
Yes/Yes
Inventory
Smart for Life Franchise
-/-
CycleBar Franchise
Yes/Yes
Receivables
Smart for Life Franchise
-/-
CycleBar Franchise
Yes/-
Payroll
Smart for Life Franchise
-/-
CycleBar Franchise
Yes/Yes

Training & Support

Training
Smart for Life Franchise
-
CycleBar Franchise
On-The-Job Training: 5 days Classroom Training: 14 days
Support
Smart for Life Franchise
-
CycleBar Franchise
Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
Smart for Life Franchise
-
CycleBar Franchise
Co-op Advertising Ad Templates National Media Regional Advertising
Operations
Smart for Life Franchise
-
CycleBar Franchise
Number of Employees Required to Run: 15

Expansion Plans

US Expansion
Smart for Life Franchise
-
CycleBar Franchise
Yes
Canada Expansion
Smart for Life Franchise
-
CycleBar Franchise
-
International Expansion
Smart for Life Franchise
-
CycleBar Franchise
Yes

Company Overviews

About Smart for Life

The premier physician supervised weight management program offering natural and organic cookie squares along with shakes and soups as meal replacements plus other innovative weight management approaches.

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