CycleBar vs Prime I.V. Hydration & Wellness Franchise Comparison

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

Start-Up Costs and Fees
 
CycleBar Franchise
Prime I.V. Hydration & Wellness Franchise
Investment $402,650 - $498,700$157,902 - $339,402
Franchise Fee $60,000$45,000
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 20142020
Year Franchised 20152020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
CycleBar Franchise
Prime I.V. Hydration & Wellness Franchise
Experience --

Financing Options
 
CycleBar Franchise
Prime I.V. Hydration & Wellness 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
Prime I.V. Hydration & Wellness 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
Prime I.V. Hydration & Wellness 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 Prime I.V. Hydration & Wellness

Prime offers a disruptive healthcare solution to a problem where only 8-10% of oral consumption gets to tissues that need nutrients
  • Proven franchise system to grow a customer base quickly
  • Innovative model where IV drips deliver essential vitamins, minerals, amino acids & antioxidants directly to the body for 100% absorption
  • Be a part of the $3 trillion global wellness industry
  • Administer groundbreaking protocols to stimulate the immune system and overall health
  • Access a proprietary social media marketing system
  • Hands-on and online continuing education curriculum
  • Experience training from medical professionals
  • Benefit from a lucrative membership model to enhance revenue
  • Business is thriving after Covid-19

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