CycleBar vs Tiger-Rock Martial Arts Franchise Comparison

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

Start-Up Costs and Fees
 
CycleBar Franchise
Tiger-Rock Martial Arts Franchise
Investment $402,650 - $498,700$133,600 - $270,700
Franchise Fee $60,000$25,000
Royalty Fee 7%$3.50/student/mo.
Advertising Fee 2%-
Year Founded 20141983
Year Franchised 20152008
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
CycleBar Franchise
Tiger-Rock Martial Arts Franchise
Experience --

Financing Options
 
CycleBar Franchise
Tiger-Rock Martial Arts 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
 
CycleBar Franchise
Tiger-Rock Martial Arts 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
 
CycleBar Franchise
Tiger-Rock Martial Arts Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

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
.

About Tiger-Rock Martial Arts

"Tiger-Rock

In 1983, a group of martial-arts-school owners came together and formed the International Taekwondo Alliance to provide curriculum and operational support to others interested in opening schools in their own communities. The International Taekwondo Alliance was converted into a franchise program in 2008, under the new name Tiger-Rock Martial Arts. Franchises offer martial arts and fitness programs for children and adults.

The total investment necessary to begin operation of a Franchised Location is from $133,600 to $270,700. This includes $8,000 to $27,500 that must be paid to the franchisor or their affiliates.
The total investment necessary to enter into a Development Agreement is $23,500 to $48,000, for the right to develop 3 to 6 Franchised Locations. This includes $7,500 for each Franchised Location you agree to establish under the Development Agreement. For example, $22,500 to $45,000 must be paid to the franchisor or affiliate for the right to develop 3 to 6 Franchised Locations.