CycleBar is graded based on our most recent FDD research!
CycleBar has an initial franchise fee of up to $60,000, with a overall initial investment range of $407,810 to $499,860.
The upfront investment of any franchise opportunity includes several fees. Unlock this investment opportunity to better understand the initial costs required to own a CycleBar, such as franchise fees, construction and costs, grand opening advertising, and furniture and fixtures purchases. As a reminder, franchise companies must to disclose all upfront fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay.
Can you Afford an CycleBar Franchise. Complete our Affordability Calculator to find out!
As with any new business, there needs to be a reasonable return on your investment and profit potential. The specific franchise owner's salary and the revenue from a CycleBar business will depend on many factors. One way to confirm the potential revenues or profits generated from a CycleBar franchise investment is to review the franchisor's Item 19 within their FDD. This is called an earnings claim. This is an option for franchisors within their disclosure and approximately 68% of all franchise companies that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchise companies may provide limited information such as overall systemwide sales. This type of financial disclosure is not always helpful to determine profits for you directly. So review average sales data with caution. As expected, usually earnings and owner's salary are proportionate to the overall size of the upfront investment. The larger the initial investment, the higher profits you could anticipate
For additional information and franchise specific on the revenue of a CycleBar franchise opportunity, unlock this franchise
As of the 2021 Franchise Disclosure Document, there are 208 franchised CycleBar locations across the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2021 FDD information, CycleBar has franchised locations in 39 states. There could be no locations in several states as each franchise company maps out their growth strategy differently. Certain states require franchisors to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to awarding franchises to residents in that state. These registration states have examiners review a franchise company's FDD to confirm it satisfies state regulatory requirements. In addition to registration states, some other states have enforced franchise or business opportunity laws that mandate franchisors to provide their franchise within the state. In most instances the filing is simply a notice with the state. Unlike franchise registration states, the franchise filing states do not review a franchisor's FDD.
Based on our research this franchise is growing into new cities and could be available near you. While planning your franchise purchase, you always need to be thinking about what is a good location for my business. Review the potential customer base to confirm that your city has a need or a market for this franchise.
One of our advisors will have detailed knowledge about this franchised business. Unlock to learn more and connect with our advisors.
Last Reviewed: 2021
Sector: Personal Services
Category: Fitness and Gym
Yes, they have an initial training program of 70.50 hours. This includes 52.50 hours of classroom training, 18 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
CycleBar offers territory protections. For an explanation of territorial rights, unlock this franchise for more details.
Yes, CycleBar offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2015. The average Fitness and Gym franchise began franchising in 2012.
Yes. They offer certain financing options within Item 10 of their FDD.