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Below is an in-depth analysis and side-by-side comparison of Healthy Times Newspaper 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 | $18,500 - $29,100 | $402,650 - $498,700 |
Franchise Fee | $15,000 | $60,000 |
Royalty Fee | $500/ month | 7% |
Advertising Fee | - | 2% |
Year Founded | 2004 | 2014 |
Year Franchised | 2007 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2000 | - |
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 | Best Training and Support in the Industry, Be in Business for Yourself, Not by Yourself. You will have access to ongoing marketing and retail items available to operate your business. We want you to be successful, so we don't just get you started - you get continued support every step of the way! | 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 needed to run franchised unit: 0
Absentee ownership of franchise is allowed. | Number of Employees Required to Run: 15 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
Founded in 2004 by Mike and Hope Bundrant, Healthy Times is a printed educational journal serving local communities in California, Florida and Hong Kong. Healthy Times also promotes health professionals online throughout the world.
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!