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CycleBar

Information based on 2024 FDD
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Brand Highlights
  • Founded in 2014
  • Franchising Since 2015
  • 218 US Franchises
  • $337,720 - $511,455 Investment Range
  • $388,776 Average Gross Revenue
  • 7% Royalty Fee
  • $60,000 Franchise Fee
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Franzy Fit Score

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Brand Description

CycleBar is a premium indoor cycling franchise that has revolutionized the boutique fitness industry since 2014. This dynamic brand offers an inclusive, high-energy workout experience that combines state-of-the-art cycling technology with immersive, music-driven classes led by expert instructors known as CycleStars.

What sets CycleBar apart is their commitment to creating an unparalleled fitness journey for riders of all skill levels. Their proprietary CycleStats technology tracks six key performance metrics, allowing members to monitor their progress and compete in friendly challenges. The CycleBeats music platform delivers carefully curated playlists that sync perfectly with each workout, creating an energizing atmosphere that keeps riders motivated and engaged.

The franchise offers various class formats, from high-intensity Performance rides to rhythm-based Connect classes, ensuring there's something for everyone. Each location provides premium amenities, including complementary cycling shoes, water bottles, and post-ride cool-down towels, creating a luxury experience at an accessible price point.

CycleBar's success is built on its strong community atmosphere and exceptional customer service. Their studios are known for their welcoming environment, where staff members greet riders by name and instructors provide personalized attention to help members achieve their fitness goals. This commitment to building relationships has created a loyal following and vibrant fitness community at locations across the country.

For entrepreneurs, CycleBar represents an opportunity to own a premium fitness brand that combines proven business systems with a passionate, engaged customer base. The brand's continued growth and high customer satisfaction ratings demonstrate its strong position in the thriving boutique fitness market.

DID YOU KNOW?

How much does it cost to start a franchise with CycleBar?

$337,720
$511,455
Did you know that launching your own CycleBar franchise - the premium indoor cycling studio that's revolutionizing fitness with rhythm-based workouts and state-of-the-art bikes - requires a total investment between $337,720 and $511,455, which covers everything from the $60,000 franchise fee to all the high-tech equipment, studio buildout, and working capital needed to bring this energizing fitness experience to your community?
Financial Summary
Franchise Fee
$60,000
Investment Range
$337,720 - $511,455
Investment Midpoint
$424,588
Minimum Cash Required
$337,720
Royalty Fees
7%
Brand Fund
2%
Brand Bragging Rights
3x Larger Than Closest Competitor
Entrepreneur Franchise 500 Six Years Running
200+ Successfully Operating Studios Globally
Proprietary Technology Drives Member Retention
Financial Analysis
CycleBar requires an initial investment of $337,720-$511,455, positioning it as a mid-tier fitness franchise opportunity within the boutique fitness sector. This investment range aligns closely with the fitness studio sub-sector averages of $282,119-$557,302, indicating competitive market positioning for premium indoor cycling concepts.

The fitness studio industry benefits from strong consumer demand for boutique fitness experiences, with indoor cycling representing a mature yet resilient segment. CycleBar's focus on immersive "CycleTheatre" experiences and technology integration addresses evolving consumer preferences for experiential fitness offerings. The brand's establishment in 2014 provides operational maturity while maintaining growth momentum.

With 219 units across the system, CycleBar demonstrates substantial scale and franchisor infrastructure development. The brand's recognition on Entrepreneur's Franchise 500 for six consecutive years indicates system stability and proven replication model. This unit count suggests established operational systems and supply chain efficiencies.

Investment considerations include the competitive boutique fitness landscape and operational complexity of managing specialized equipment, instructor recruitment, and membership retention. The business model requires active management and strong local marketing execution. Territory protection and exclusive development rights warrant careful FDD review.

Ideal investors should possess $150,000-$200,000 liquid capital (estimated industry standard) and fitness industry experience or strong operational management background. Target markets include affluent suburban areas with health-conscious demographics aged 25-45. Multi-unit development opportunities exist for qualified operators seeking portfolio expansion within protected territories.", "brand_bragging_rights": [ "Largest indoor cycling franchise brand", "Entrepreneur Franchise 500 six years", "200+ studios across global markets", "Immersive CycleTheatre experience technology", "Comprehensive CycleStats performance tracking system", "Three times larger than competitors
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like CycleBar. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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CRF USA

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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
CycleBar demonstrates strong market penetration across multiple states with widespread coverage, showing particular density in coastal and metropolitan markets. The brand maintains a notable presence in California and Michigan, with significant market presence across Florida, Illinois, and Texas, indicating successful adaptation across diverse market types. The franchise's impressive customer satisfaction ratings across thousands of reviews suggests consistent service quality and strong brand execution nationwide.

The concentration in affluent, fitness-conscious metropolitan areas reflects CycleBar's premium boutique fitness positioning. Key success factors include locations in high-income areas with young, health-conscious professionals and significant disposable income. The franchise shows particular strength in urban and suburban markets with high population density and active lifestyle demographics.

Significant expansion opportunities exist in the Northeast and Southeast, where boutique fitness demand continues to grow. Ideal locations feature proximity to upscale retail, corporate offices, or high-end residential areas, with strong morning and evening traffic patterns. Demographics should include median household incomes above $75,000 and a high concentration of 25-45 year-olds.

Prospective franchisees should focus on areas with limited boutique fitness competition, strong health/wellness spending, and growing young professional populations. Markets with existing high-end retail and complementary wellness businesses typically indicate strong potential for CycleBar success.
Total US Locations219
Open Franchises218
Corporate Locations1
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind CycleBar. Learn about the experience and expertise of the executive team guiding CycleBar's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving CycleBar. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review CycleBar's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about CycleBar's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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