CycleBar vs DiscoverStrength Franchise Comparison

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

Start-Up Costs and Fees
 
CycleBar Franchise
DiscoverStrength Franchise
Investment $402,650 - $498,700$271,250 - $481,000
Franchise Fee $60,000$49,000
Royalty Fee 7%6%
Advertising Fee 2%2%
Year Founded 20142020
Year Franchised 20152020
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
CycleBar Franchise
DiscoverStrength Franchise
Experience --

Financing Options
 
CycleBar Franchise
DiscoverStrength 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
DiscoverStrength 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
DiscoverStrength 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 DiscoverStrength

"Discover
Discover Strength Franchising LLC offers individual unit franchises for the development and operation of a Discover Strength™ business offering no-compromise strength training experiences to customers of all ages through one-on-one and small group training sessions, and other related services and products. 
We will guide you as you select and build out your own Discover Strength studio: Streamlined prototypes range from 1,600 to 2,200 square feet. A concept that can work in a variety of shopping centers and other lifestyle-centric locations. No locker rooms, treadmills, showers, or pools. The Discover Strength model offers an incredible value proposition by producing higher revenue per square foot than the vast majority of retail, restaurant, and fitness business models.