World Gym International vs CycleBar Franchise Comparison

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

Start-Up Costs and Fees
 
World Gym International Franchise
CycleBar Franchise
Investment $852,000 - $2,975,000$402,650 - $498,700
Franchise Fee $25,000$60,000
Royalty Fee $1,000/mo.7%
Advertising Fee included2%
Year Founded 19762014
Year Franchised 19822015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
World Gym International Franchise
CycleBar Franchise
Experience --

Financing Options
 
World Gym International Franchise
CycleBar Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/-
Start-up Costs -/-Yes/Yes
Equipment -/YesYes/Yes
Inventory -/-Yes/Yes
Receivables -/-Yes/-
Payroll -/-Yes/Yes

Training & Support
 
World Gym International Franchise
CycleBar Franchise
Training On-The-Job Training: 7 days Classroom Training: 5 days On-The-Job Training: 5 days Classroom Training: 14 days
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Co-op Advertising Ad TemplatesCo-op Advertising Ad Templates National Media Regional Advertising
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 15

Number of Employees Required to Run: 15

Expansion Plans
 
World Gym International Franchise
CycleBar Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About World Gym International

With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.

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
.