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Updated RecentlyGymguyz vs CycleBar Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gymguyz 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 | $87,000 - $140,001 | $402,650 - $498,700 |
| Franchise Fee | $35,000 | $60,000 |
| Royalty Fee | 6% | 7% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2008 | 2014 |
| Year Franchised | 2008 | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | You do not need experience. We will train you on how to manage your business and hire professional trainers. | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | Yes/- |
| Start-up Costs | -/Yes | Yes/Yes |
| Equipment | -/Yes | Yes/Yes |
| Inventory | -/- | Yes/Yes |
| Receivables | -/- | Yes/- |
| Payroll | -/- | Yes/Yes |
Training & Support |
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| Training | On-The-Job Training: 16 hours Classroom Training: 40 hours Additional Training: Ongoing | 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 *Proprietary Software *Franchisee Intranet Platform | 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 *Social media *SEO *Website development *Email marketing *Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising |
| Operations | Number of Employees Required to Run: 1 - 2 | Number of Employees Required to Run: 15 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
About Gymguyz
GYMGUYZ is a mobile personal training and fitness company founded in 2008.
Now you can join GYMGUYZ in this growing and fast paced industry, with the first mobile fitness franchise.
Own a GYMGUYZ and we will help you shape your future.
Training to be a GYMGUYZ Franchisee includes:
The proven GYMGUYZ System
Pre-opening marketing & finding clients
Daily Operations and Processes
Financial controls & Point-of-Sale
On-going Marketing & Advertising techniques to develop your business
The first mobile, personal training and fitness franchise!
GYMGUYZ is Unique!
GYMGUYZ is not like any other gym or fitness program:
No membership fees
Every client receives a personal phone call on their Birthday
Daily text messages and email follow ups
First visit is always free & includes three assessments:
A Body Assessment
A Fitness Assessment
A Nutrition Assessment
Every client receives their own individualized fitness program
All clients are re-assessed every 15 weeks giving our franchisees the opportunity to
re-engage the client update programs to suit the client’s personal training needs
and ensure that the client is going to reach their personal goals
Veteran Incentives $5,000 off franchise fee
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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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