| ||||
Updated RecentlyTeam Spirit Fitness Centers vs CycleBar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Team Spirit Fitness Centers vs CycleBar including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $69,000 | $402,650 - $498,700 |
| Franchise Fee | $30,000 | $60,000 |
| Royalty Fee | 6% | 7% |
| Advertising Fee | - | 2% |
| Year Founded | 2002 | 2014 |
| Year Franchised | 2004 | 2015 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | Yes/- |
| Start-up Costs | No/Yes | Yes/Yes |
| Equipment | No/Yes | Yes/Yes |
| Inventory | No/Yes | Yes/Yes |
| Receivables | No/No | Yes/- |
| Payroll | No/Yes | Yes/Yes |
Training & Support |
||
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 5 days | 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 needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. | Number of Employees Required to Run: 15 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Team Spirit Fitness Centers
Exercise & nutrition center formerly known as Intrivah Health & Wellness.
We offer you an exciting career opportunity: owning your own business in the fast growing fitness and nutrition industries using a TEAM approach; providing your clients with healthy exercise and dietary regimens, and enjoying the benefits of a creative company with excellent experience, cutting-edge methodologies, and unmatched business and support systems. We want to award franchises to a select group of qualified individuals. You might be among them. Basically, we are looking for outgoing, energetic individuals who have strong people skills and a passion for a healthy lifestyle that focuses on fitness and nutrition. Our comprehensive training program will equip you with the know-how to administer our programs safely and effectively. In addition to the above, you should be sales, client service, and long-term relationship oriented; display maturity, sound judgment and stability, and have high standards of excellence, honesty, and integrity.
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]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}