Want to open a CycleBar?
2021 Franchise 500 Rank
#351 Ranked #479 last year
See the Full List
Initial investment
$408K - $500K
Units as of 2021
231 54.0% over 3 years

Company Overview

About CycleBar

Related Categories
Fitness
Founded
2014
Parent Company
Xponential Fitness
Leadership
Anthony Geisler, CEO
Ticker Symbol
XPOF
Sponsored Content

More from CycleBar

Cyclebar® Premium Indoor Cycling™

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.

cyclebar gym

The CycleBar® mission is simple - to create a fun and accessible experience for riders of all ages and fitness levels! We fuel each ride with amazing music in our state-of-the-art CycleTheatre® and deliver concierge-level service and an exhilarating experience that goes far beyond a great cardio fitness workout. Each ride is an unparalleled multisensory, intoxicating journey where riders are driven to ‘rock the ride, each and every time’.

CycleBar is the largest network of Premium Indoor Cycle Studios in the world, with more than 200 locations slated to open throughout 2019. CycleBar provides an established executive model, intensive training and a 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 aross every vertical of boutique fitness. With decades 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.  

cyclebar class

Why CycleBar?

First Mover Advantage

CycleBar is the largest network of Premium Indoor Cycling 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 largest indoor-cycling concept. With more than 380 locations sold and more than 200 locations open, CycleBar is rapidly expanding.

Eexecutive Model

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.

Invesment

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!

What Support Does CycleBar Provider?

Real Estate

Our dedicated staff will help you in the site selection and lease negotiation to find the ideal site for your CycleBar Franchise.

Finance

Our finance team will provide assistance in loan processing through the SBA and preferred financiers

Site Build Support

We’ll guide you through the entire build out process from corporate approved layout & general construction to interior design & on-site security, music & technology.

Sales

Enjoy comprehensive & ongoing sales training, monthly calls & expert guidance from pre-sale through to Grand Opening & into sustainability. Get introduced to our multi-channel sales process to drive sales from the start!

Marketing

The minute you sign your lease agreement, the marketing of your location begins, with personalized support to set you up with all means of generating website traffic and memberships.

Recruitment

Receive assistance hiring the most qualified instructors, general managers & sales team. We know the quality of the instructor can make or break the cycle experience; each ride a journey, whether there to rock out or zen out.

Comprehensive Training

We believe extensive support & comprehensive training is pivotal for your success as a CycleBar Franchise Owner. Attend a 3-day training course at our corporate headquarters in California, an annual Franchise Convention & ongoing weekly support. Your staff will also undergo extensive sales training to ensure your team drives your studio’s success.

Franchising Overview

Franchising Since
2015 (6 years)
# of employees at HQ
187
Where seeking

This company is seeking new franchisees worldwide.

This company is seeking new franchisees in the following international regions: Asia, Australia/New Zealand, Middle East, Europe (Western), Central America, Canada, South America, Mexico

# of Units
231 (as of 2021)

Franchisor Information

Corporate Address
17877 Von Karman Ave.
Irvine, CA 92614

Information for Franchisees

Here’s what you need to know if you’re interested in opening a CycleBar franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$60,000
Initial Investment
$407,810 - $499,860
Net Worth Requirement
$500,000 - $5,000,000
Cash Requirement
$100,000
Royalty Fee
7%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
CycleBar has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
22.5 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
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

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
15
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where CycleBar landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where CycleBar ranked on other franchise lists? Find out below.

Ranked #351

Franchise 500 Ranking

Ranked #78

Fastest-Growing Franchises

Ranked #21

Top New Franchises

Ranked #64

Fastest-Growing Franchises (U.S. & Canada)

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021