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CycleBar

CycleBar: Revving Up the Fitness IndustryCycleBar is more […]

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Franchise Costs and Requirements

Franchise Details

Year Established: 2014
Category Locations: Retail
Available Ownership Type: Semi-Absentee
Corporate HQ City: Irvine
Corporate HQ State: California
Investment Range: $100,000+
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: $60,000
Royalty Percentage: 7%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

CycleBar: Revving Up the Fitness IndustryCycleBar is more than just your average spin studio. It's a vibrant, music-fueled community where riders of all levels come together to sweat, smile, and push their limits. Founded in 2014, CycleBar quickly became the first and largest network of premium indoor cycling studios, boasting over 200 locations across the globe.What sets CycleBar apart? The experience is truly immersive. Each class is like a mini-concert, with high-energy instructors guiding you through a carefully choreographed ride to the beat of heart-pumping music. The dimly lit studio is bathed in mood lighting, and the bikes themselves are equipped with advanced technology that tracks your performance and motivates you to keep pedaling.But CycleBar is more than just a workout. It's a place to belong. The welcoming atmosphere and supportive community foster a sense of camaraderie that keeps riders coming back for more. Whether you're a seasoned cyclist or a complete beginner, you'll find your tribe at CycleBar.Thinking of owning your own CycleBar franchise? It's a lucrative opportunity, but it's not for the faint of heart. The initial investment is significant, and the business model requires active involvement. However, with the brand's proven track record, comprehensive training, and ongoing support, CycleBar offers a unique chance to be part of a high-growth fitness phenomenon.

Support & Training offered by CycleBar

CycleBar Franchisee Support and Training: A Comprehensive OverviewCycleBar understands that comprehensive support and training are crucial for the success of their franchisees. They offer a robust program covering various aspects to ensure your smooth journey as a CycleBar owner. Here's a breakdown:Pre-opening:Real Estate: Dedicated staff assist in site selection and lease negotiation, maximizing your studio's potential.Finance: Expert guidance navigates loan processing through preferred lenders and the SBA.Site Build Support: Comprehensive guidance through the entire construction process, from layout and construction to interior design and technology integration.Training:Franchise University: A 3-day intensive training course at CycleBar HQ dives deep into operational processes, marketing strategies, financial management, and leadership skills.Instructor Training: Rigorous certification program ensures your instructors deliver the signature CycleBar experience with high energy and technical expertise.Ongoing Training: Weekly webinars, regional meetings, and annual franchise conventions provide continuous learning and networking opportunities.Operational Support:Marketing and Branding: National marketing campaigns and support in local area marketing ensure brand consistency and effective member acquisition.Technology and Operations: Access to proprietary software and systems for scheduling, billing, performance tracking, and studio management.Field Operations: Dedicated regional field managers offer ongoing support, guidance, and problem-solving assistance.

Additional Information

Category Location Retail
Number of Units Open
Investment Range $351,475 - $501,875
Master Franchise false
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
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