CycleBar
Who are we
What to know about CycleBar franchise? CycleBar is a fitness studio that offers and provides indoor cycling classes/instruction and other related exercise classes. They have many locations in the US. Customers can buy class packages and private classes. There is something for everyone, whether they are a beginner or an experienced athlete. The studio offers a variety of membership options and has a loyalty program. They also have events such as themed rides, charity rides, social rides, and more, as they are committed to give back to the communities they serve. CycleBar provides their franchisees with the resources and network to ensure their continued growth and support. They offer site selection assistance and construction, marketing support, ongoing training, one-on-one support for the business and more. CycleBar is based in Irvine, CA. Scroll down to learn more!How much does a CycleBar franchise cost?Are you wondering how much is a CycleBar franchise? Before starting a CycleBar franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a CycleBar franchise is $346,910 and can go all the way up to $487,910. Keep in mind, you should also allocate additional funds to live off of while the CycleBar business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 CycleBar franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a CycleBar business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your CycleBar franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
Franchisees
Updated on Mar 30, 2024Reviews
Learn more about Wefranch Verified Reviews
Love the brand, under performs profitability given the time it takes to operate the business.
The Brand and the customer benefits are amazing.
Overhead and profitability
NoNeutralNeutralConcept is good but the micro level interference by the corporate is worst for the success of the business.
The concept
Micromanagement by the franchisor
YesPositiveDisapprovesOverall positive, however, we believe in a hands on owner approach and are looking forward to expanding.
All inclusive fit friendly family, concept allows you to progress at your own level and is ageless.
Clubready software is difficult and not timely to use, multiple steps needed to accomplish corrections. Communication can be cumbersome. Retail limited at times specifically shoes.
YesNeutralNeutral
How much will it cost
- $60,000
Franchise Disclosure Documents
Showing 1 of 1 FDDsFDD | Source | Effective date | |
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Wisconsin | Mar 30, 2024 | Download |