CycleBar vs Physique 57 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CycleBar vs Physique 57 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
CycleBar Franchise
Physique 57 Franchise
Investment $402,650 - $498,700$284,537 - $615,551
Franchise Fee $60,000$50,000
Royalty Fee 7%7%
Advertising Fee 2%-
Year Founded 20142005
Year Franchised 20152019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
CycleBar Franchise
Physique 57 Franchise
Experience --

Financing Options

 
CycleBar Franchise
Physique 57 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
Physique 57 Franchise
Training On-The-Job Training: 5 days Classroom Training: 14 days On-The-Job Training: 40-185 hours Classroom Training: 45-100 hours
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Ad Templates Social media SEO Website development Email marketing
Operations Number of Employees Required to Run: 15-

Expansion Plans

 
CycleBar Franchise
Physique 57 Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

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 Physique 57

"Physique
 With studios across the globe in the United States, Dubai, Bangkok, Manila, and Mumbai, Physique 57 inspires clients of all ages to transform their bodies and strive for optimal well-being by providing a dynamic, challenging and empowering fitness experience.

 Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. Physique57 may not be registered in all of the registration states and may not offer franchises to residents of those states or to persons wishing to locate a franchise in those states. If you are a resident of or want to operate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. 

Coming in 2021
Physique 57 delivers results in only 8 workouts as a result of our scientifically based proprietary method. Efficient and effective for busy women who want rapid, visible transformations that can be maintained long term.