CycleBar
#492 Franchise 500| Indoor cycling classes
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About
Founded

2014

Franchising Since

2015 (4 Years)

Corporate Address

17877 Von Karman Ave.
Irvine, CA 92614

CEO

Anthony Geisler

Parent Company

Xponential Fitness

Financial Requirements
Initial Investment

$284,350 - $497,150

Net-worth Requirement

$600,000 - $6,000,000

Liquid Cash Requirement

$150,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $49,500

Ongoing Royalty Fee

7%

Ad Royalty Fee

2%

Financing Options

CycleBar offers in-house financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

CycleBar has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, payroll

Veteran Incentives

$1,500 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

1 hour

Classroom Training:

20 hours

Number of Employees Required to Run:

15

CycleBar is ranked #492 in the Franchise 500!
Cost
Initial Investment: Low - $284,350 High - $497,150
Units
+35.1%+39 UNITS (1 Year) +4,900.0%+147 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 23rd, 2018