FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
|Liquid Capital Required:||$100,000|
|Net Worth Required:||$500,000|
|Total Investment:||$319,150 - $497,200|
|Financing:||Via 3rd party|
|Incorporated Name:||CycleBar Franchising, LLC|
|Home Office:||Irvine, California|
At CycleBar, we exist to invigorate. Our riders come to feel alive, to live in the moment and live for themselves. Because they know whether they ride the best in class or are just starting, regardless of their outfit—it's their tribe. We're driven by music, not swayed by fads. Never a follower. Always accepting. A little bit of a rebel. A lot of heart.
Values & History
CycleBar is the first and only truly premium experiential fitness concept offered in franchising. The concept of indoor cycling has built incredible momentum over the last 30 years. CycleBar leverages current markets to capitalize on this momentum and is experiencing exceptional success in a proven industry. The CycleBar mission is simple to create a fun, inclusive and inspiring low impact/high-intensity experience for riders of all ages and fitness levels. Our CycleTheatre, professionally engineer audio, video and lighting technology, proprietary CycleBeats playlists and CycleStats that track member's cycling performance and growth during and after class are what set us apart. No matter where our riders are in their fitness journey, our class experience promises to calm their mind, elevate their mood and revive their senses.
CycleBar is the largest network of Premium Indoor Cycle Studios in the world, with more than 380 locations sold and 180 open. CycleBar provides an established executive model, intensive training and completely scalable business to make the possibilities endless.
CycleBar is part of the Xponential Fitness family of brands, the curator of the best fitness & wellness brands across every vertical of boutique fitness. With more than 25 years of boutique fitness franchising experience within each brand, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise partners. Current Xponential Fitness franchise brands include Club Pilates, Row House, StretchLab, Yoga Six and AKT.Our Advantage:
- First Mover Advantage: CycleBar is the largest network of Premium Indoor Cycle Studios in the world with territorial availability across most major markets and states in the US as well as international territories.
- Fast Growing Franchise: CycleBar is the first and only truly Premium Experiential Fitness Concept offered in franchising. With more than 340 locations sold and more than 110 locations open, CycleBar is rapidly expanding.
- Executive Model: Our turnkey franchise model provides a completely scalable business that lets you determine your own success. It will enable you to leverage significant development costs and national vendor relationships to launch your studio successfully.
- Investment: Enjoy our recurring revenue model, exceptional EBITDA margins and the confidence in our team that has more than 25 years of experience in fitness franchising.
Purchasing a CycleBar Franchise
You must have a minimum of $150,000 in liquid capital.
CycleBar Premium Indoor Cycling is currently accepting inquiries from the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington, D.C., West Virginia, Wisconsin, Wyoming.
Ideal Candidate & Qualifications
We're looking for franchise owners who:
- Are outgoing,
- Have sales, marketing, and/or management experience
- Are results-oriented,
- Can build relationships,
- Lead a team,
- Has the motivation to excel
- Is ready to make a strong commitment to the CycleBar® brand and its growth.
Training & Support
- Our dedicated staff will help you in the site selection and lease negotiation to find the ideal site for your CycleBar Franchise.
- Our finance team will provide assistance in loan processing through the SBA and preferred financiers.
- Site build support.
- Enjoy comprehensive and ongoing sales training, monthly calls, expert guidance from pre-sale through to Grand Opening and into sustainability. Get introduced to our sales process, retail range and POS system to drive sales from the start.
- The minute you sign your lease agreement, the marketing of your location begins, with personalized support to set up social media, marketing materials and all means of generating website traffic and memberships.
- Receive assistance hiring the most qualified instructors, general managers and sales associates.