CycleBar vs Journey 333 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CycleBar vs Journey 333 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
CycleBar Franchise
Journey 333 Franchise
Investment $402,650 - $498,700$83,500 - $245,000
Franchise Fee $60,000$30,000
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 20142018
Year Franchised 20152018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
CycleBar Franchise
Journey 333 Franchise
Experience --

Financing Options

 
CycleBar Franchise
Journey 333 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
Journey 333 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
Journey 333 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 Journey 333

"Journey

Operate a Journey 333® Fitness training facility with a focus on group personal coaching using the Journey 333 business system.

The total investment necessary to begin operation of Journey 333 Fitness franchise is $83,500 to $245,000. This includes $30,000 that must be paid to the franchisor or an affiliate.
The franchisor offers qualified individuals the right to own and operate multiple facilities in a designated development area by entering into an Area Development Agreement (ADA). The total initial investment necessary to begin operating under the ADA will vary depending on the number of Facilities to be opened in your designated development area. The development fee due under the ADA is equal to $30,000 multiplied by the number of Facilities you commit to opening under the ADA.