EduFit vs CycleBar Franchise Comparison

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

Start-Up Costs and Fees
 
EduFit Franchise
CycleBar Franchise
Investment $164,500 - $281,000$402,650 - $498,700
Franchise Fee N/A$60,000
Royalty Fee -7%
Advertising Fee -2%
Year Founded 19882014
Year Franchised 02015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
EduFit Franchise
CycleBar Franchise
Experience --

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

Training & Support
 
EduFit 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
 
EduFit Franchise
CycleBar Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About EduFit

If you've often dreamed of opening your own personal training studio, EduFit is for you. Be a part of a unique concept in an immense and still growing market! EduFit is a great opportunity. We've developed a system to provide personal training to clients at reasonable prices. We'll provide you with a methodology for fitness studio management, and show you how to run your own location and manage your client base. We'll give you an ideal environment to provide customized exercise and fitness programs to your clients, allowing you to fully leverage you and your staff's training expertise, and maximize the potential revenue and client volume of your business. The EduFit Franchise Program provides you with: * An opportunity that offers an innovative approach to personal training, and sets itself apart from other health clubs * Expertise in managing your own personal training studio, including our unique per-session pricing system, along with our proven business management model and proprietary software. * The ability to work with clients by scheduled appointment only, so there are no crowds and you'll be able to offer tailored exercise programs for each client. * All the support you need to run your business We are looking for people who share in our pursuit and commitment to provide personal training services with a difference.

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

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#479 in Franchise 500 for 2020.
#351 in Franchise 500 for 2021
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