About CycleBar
CycleBar exists 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 out, CycleBar is where they belong.
We are driven by music. Not swayed by fads. Never a follower. Always accepting. A little bit of a rebel. A lot of heart. CycleBar is where you belong. It’s a community in which to escape and find comfort. To support and grow, to make better. It’s our responsibility to fuel our riders inside our studio, so that they can be empowered to make a difference outside our studio. You belong here.
CycleBar is the first and largest network of Indoor Cycling studios, with more than 200 studios open.
Ranked in Inc. Magazine’s 2020 Inc.5000 List and Entrepreneur Magazine’s Franchise 500 two years running, the concept of indoor cycling has built incredible momentum in the last few years and known to be one of the best full-body cardio workouts.
Offering a multi-sensory experience with certified CycleStar® instructors and energy-enhancing CycleBeats® music playlists, CycleBar is experiencing success in a proven industry.
OUR MISSION
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 tracks 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.
Company Founded
2014
Current Leadership
Anthony Geisler, CEO
Started Franchising
2015 (6 years)
Total Number of Units
208 (as of 2020)
Part-Time / Full-Time
Full Time
How Much Does It Cost To Open A CycleBar Franchise?
There are several costs associated with opening a CycleBar franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a CycleBar franchise. The weekly fee for opening a CycleBar franchise is Royalty Fee Is Due As Determined By Approved Supplier For Payment Processing Provider.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (CycleBar Is Renewable) and does the franchise offer financing support (CycleBar CycleBar has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).
CycleBar Company Details
Here are some additional details about CycleBar.
| Parent Company | Xponential Fitness |
| Initial Investment | $60,000 |
| Net Worth Requirement | $500,000 - $5,000,000 |
| Royalty Fee | 7% |
| Ad Royalty | 2% |
| Cash Requirement | $100,000 |
| Term of Agreement | 10 years |
| Absentee Ownership | No |
| Run from Home | No |
| Part Time | No |
Training and Support Offered By CycleBar
CycleBar offers several support options to its franchisees. With 208 (as of 2020) units, CycleBar aims to provide support to each franchise owner to help them operate a successful franchise location. CycleBar offers No on the job training, 22.5 hours classroom training, and No additional training.
Training and Support Offered
Here are the support options offered by CycleBar.
| On-The-Job Training | No |
| Classroom Training | 22.5 hours |
| Additional Training | No |
| Ongoing Support |
|
| Marketing Support |
|
| Estimated Revenue | $100M to $500M |
Is CycleBar Right For You?
CycleBar has gone digital! Here are all of the ways you can find CycleBar online. Oftentimes, you can reach out to current franchisees of CycleBar online. Current franchisees may be able to offer personalized insights into what it is like owning a CycleBar franchise and offer tips to running a successful CycleBar franchise location.
Why Should You Start a CycleBar Franchise?
Investing in a Fitness franchise such as CycleBar can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about CycleBar franchise and we'll be in touch soon!
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