Submit
Feedback

General

Industry

Fitness

Category

Fitness Centers

SBA Identifier

S0452

Year of Founding

2014

Fees

Marketing Fee

2%

Royalty Fee

7%

Franchise Fee

$60,000-$60,000

Investment Range

$408K-$500K

Location units

Total U.S. Locations

213

U.S. Franchised Units

208

U.S. Corporate Units

5

Headquarters (City)

CA

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

2015

Issuance of FDD Data

04/16/2021

What to know about CycleBar franchise?

CycleBar Franchising, LLC offers for sale a franchise to establish and operate a fitness studio that offers and provides indoor cycling classes/instruction and other related exercise classes under the proprietary marks we designate, which currently includes our primary mark CYCLEBAR.

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 CycleBar franchise fee ($60,000) working capital and other costs required to start the business.

The minimum investment amount required to open a CycleBar franchise is $407,810 and can go all the way up to $499,860. 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.

Franchise Net Unit Growth

Take Our Quiz

Industry Report Request

Download our guide to compare CycleBar. Hotels to the Cleaning and Maintenance, Outdoor Maintenance industry.

Franchise Data

Year Start of year Units Opened Units Closed Total End of Year
2016 3 51 0 54
2017 54 63 0 117
2018 117 35 0 152
2019 152 41 0 193
2020 193 20 0 208

Additional Details

How much does a CycleBar franchise owner make?

CycleBar franchise earnings and revenue can vary significantly from one franchisee to another. The CycleBar franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

CycleBar discloses financials at the unit level. In other words, they show how much CycleBar franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the CycleBar franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like CycleBar. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those CycleBar owners were making.

Visit the CycleBar metrics tab, to explore the financials for this business.

What is the CycleBar Franchise Fee?

Owning a CycleBar franchise requires a 7% royalty fee and a 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial CycleBar franchise fee of $60,000 that is included in the initial investment amount of $407,810 to $499,860. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the CycleBar franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the CycleBar franchise fee of $60,000.

Visit the CycleBar metrics tab to explore how the franchise, royalty and marketing fees compare to other Fitness franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was CycleBar founded?

CycleBar was founded 8 years ago in 2014. CycleBar started offering franchises in 2015. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many CycleBar locations are in the U.S.?

As of Issuance of 2021, there were 208 CycleBar locations owned and operated by franchisees across the U.S. There are also 5 corporate locations owned and operated by CycleBar. Most Fitness franchises like CycleBar have more franchised locations than corporate locations.

How many CycleBar franchises opened over the past few years?

Over the prior 3 years we have data for, CycleBar has opened 96 outlets throughout the U.S.

Visit the CycleBar metrics tab to explore how the openings compare to other Fitness franchises.

How many CycleBar franchises closed over the past few years?

Over the prior 3 years we have data for, CycleBar has closed 0 outlets throughout the U.S.

Visit the CycleBar metrics tab to explore how the closures compare to other Fitnessfranchises.

Is CycleBar growing? Are they opening more locations than they are closing?

The net unit growth rate for CycleBar over the past 3 years is 78%. Over the last year we have data for, CycleBar had a net unit growth rate of 8%.

Without a comparison, this number doesn’t mean much. Compare how the CycleBar growth rate compares to 2,000+ other franchises and Fitness franchises like CycleBar. More info in the CycleBar metrics tab.

Is CycleBar franchise eligible for an SBA Loan?

CycleBar is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

CycleBar franchise was assigned the SBA Franchise ID of S0452 on 10/1/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like CycleBar that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

Is CycleBar a franchise in the United States?

According to the SBA, CycleBar meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that CycleBar provides you with an FDD if you are in discussion to buy a CycleBar.

What is the CycleBar Franchise for Sale Rate?

The CycleBar systemwide health and franchisee satisfaction can be measured by the CycleBar franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for CycleBar over the past 3 years is 31%. Over the last year we have data for, CycleBar had a franchise for sale rate of 12%.

Without a comparison, this number doesn’t mean much. Compare how the CycleBar franchise for sale rate compares to 2,000+ other franchises and Fitness franchises like CycleBar. More info in the CycleBar metrics tab.

What is the CycleBar Franchise Failure Rate?

CycleBar franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

CycleBar failure rate over the past 3 years is 0%. Over the last year we have data for, CycleBar had a franchise failure rate of 0%

Without a comparison, this number doesn’t mean much. Compare how the CycleBar failure rate compares to 2,000+ other franchises and Fitness franchises like CycleBar. More info in the CycleBar metrics tab.

How can I find out more details on CycleBar franchise?

Visit the CycleBar metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!

You May Also Be Interested In
View More >
Food and Beverage, Pizza
Jim’s Pizza
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Food and Beverage, Pizza
Jimano’s Pizzeria
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Fast Casual Restaurant, F...
Jimboys Tacos
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Fast Casual Restaurant, F...
Jaliscos
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More

General

Industry

Fitness

Category

Fitness Centers

SBA Identifier

S0452

Year of Founding

2014

Fees

Marketing Fee

2%

Royalty Fee

7%

Franchise Fee

$60,000-$60,000

Investment Range

$408K-$500K

Location units

Total U.S. Locations

213

U.S. Franchised Units

208

U.S. Corporate Units

5

Headquarters (City)

CA

Other

Item 19 - Franchise Financials

-

Financing Availability

yes

Started Offering Franchises

2015

Issuance of FDD Data

04/16/2021

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

CycleBar

27%

20%

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2021)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

CycleBar

[0%]

[0%]

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

CycleBar

10%

32%

Industry median

All franchises median

Unlock premium content

You May Also Be Interested In
View More >
Food and Beverage, Pizza
Jim’s Pizza
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Food and Beverage, Pizza
Jimano’s Pizzeria
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Fast Casual Restaurant, F...
Jimboys Tacos
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More
Fast Casual Restaurant, F...
Jaliscos
Investment range
-
Founding year
-
Total U.S. Units
0
 
 
 
 
Learn More

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

CycleBar

$453,835

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

CycleBar

7%

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

The percentage change of total franchise units from one year to the next

 

1 year

3 years

CycleBar

27%

20%

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

News
Activity
All
Recent
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
Coin Telegraph Feb 1, 2022
Crypto exchange FTX to buy Japanese rival Liquid for Asia expansion
1-10 of 68 items
show

Business details

Company name

-

Business email

info@cyclebar.com

Mailing address

17877 Von Karman Ave., Suite 100

State headquarters

California

Key leadership

CycleBar

Phone

+1 (000) 000-00-00

City

Irvine

Zip code

92614

Franchises for Sale

274 offers are available now
Name Email State City Zip code
Barajas Inc. Arizona Chandler 85225 Info
Lowest Rate Insurance Services LLC California Lake Elsinore 92532 Info
Gator Insurance Agency, Inc. Florida Boca Raton 33428 Info
EGA Texas Haltom City 76117 Info
Mesa: Scott Glascock Arizona Phoenix 85032 Info
Bay Area: Perry Harmon California Berkeley 510-900-5400 Info
All county Boulder: Simon Heart Colorado Boulder 80301 Info
All county Advance: Hon Wong and Scott McPherson Florida Clearwater 33765 Info
Lisa Conger North Carolina Gastonia 28056 Info
Body20_Jacksonville Beach Florida Jacksonville Beach 32250 Info
Zack Moliver Florida Boca raton 33432 Info
Frank Crowley Florida Pinecrest 33156 Info
Adam Phillips South Carolina Mount Pleasant 29464 Info
T4 Grooming, LLC Texas Tomball 14215 Info
Wes & Jim, LLC Texas Austin Info
Galloway Services, LLC Texas College Station Info
DMH JYJ Ventures, LLC Texas Spring Info
SLTX Enterprises, LLC Texas Huntsville Info
Barajas Inc. Arizona Chandler 85225 Info
Lowest Rate Insurance Services LLC California Lake Elsinore 92532 Info

Share link

Or

Filters

Business Name

Industry

Investment amount




Delete Listing

*

Support Form

Please fill out the form below with any technical issues, questions or feedback you might have.

Menu

Submit Feedback