CycleBar Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$60,000
Investment required
$338,000 - $511,000
Royalty fee
7.00%

CycleBar: A Leader in Indoor Cycling Fitness

CycleBar is a prominent fitness club franchise specializing in indoor cycling, based in Irvine, California. Recognized as the world's largest cycling studio chain, it was established in 2004 by siblings Bill Pryor and Alex Klemmer.

The franchise provides a range of indoor cycling sessions designed to be both low-impact and high-intensity, catering to individuals of all fitness levels. Each studio features state-of-the-art equipment and a welcoming atmosphere to ensure an exceptional experience for members. CycleBar's instructors are highly trained to deliver motivating and effective workouts, fostering a strong sense of community among riders.

CycleBar started franchising in 2015 and has since expanded to over 250 locations across the United States and internationally. It is a part of the Xponential Fitness portfolio, which includes other well-known brands such as Club Pilates, Row House, Stretch Lab, Yoga Six, and AKT. This affiliation allows CycleBar to benefit from shared resources and expertise, further enhancing the quality and reach of its fitness offerings.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Low Amount High Amount
Initial Franchise Fee $60,000 $60,000
Initial Training Program Fees $0 $0
On-Site Grand Opening Assistance $0 $2,500
Travel & Living Expenses While Training $0 $2,500
Real Estate/Lease $25,000 $35,000
Net Leasehold Improvements $129,000 $244,730
Payments in Connection with Fitness Equipment & Initial FF&E Package $8,600 $22,700
Signage $11,000 $26,905
Additional Operating Supplies and Accessories $10,000 $10,000
Pre-Sales and Soft Opening Retail Inventory Kit $12,000 $12,000
Computer System, A/V Equipment, and Related Components $44,900 $44,900
Business Licenses $500 $1,000
Technology and Software Fees $3,620 $3,620
Insurance Policies $1,100 $2,600
Initial Grand Opening Marketing & Advertising Spend $15,000 $15,000
Initial Instructor Training Fee $5,000 $5,000
Additional Funds - 3 months $12,000 $23,000
TOTAL ESTIMATED INITIAL INVESTMENT $337,720 $511,455

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Number of units

2024
Franchised units

234

258

218

Company-owned units

5

11

1

Total units

239

269

219

Franchise Disclosure Document

Training 

Initial Training Programs

Prior to launching the Studio, franchisees, or their designated Operating Principal if the franchisee is an entity, must complete the Initial Training Program. This comprehensive program usually spans 2-3 business days and takes place at CycleBar's corporate headquarters or another specified training facility, often located in California.

Additional Training for Studio Operation

CycleBar may offer and require franchisees, along with their Operating Principal and Designated Manager, to participate in up to five (5) days of supplementary training each year at a designated training facility. This mandatory training is provided without any additional training fees.

Instructor Bootcamp

All instructors hired by the franchisee to deliver the Approved Services at the Studio are required to complete CycleBar's proprietary Instructor Bootcamp. This specialized program equips instructors with the necessary skills and guidelines to deliver the Approved Services in alignment with CycleBar's System.

Territory Protection

CycleBar offers territory protection to its franchisees, guaranteeing that no other CycleBar Studio will be established within the franchisee's Designated Territory, provided they remain in compliance with their franchise agreement. 

This protection ensures that franchisees can confidently grow their business without the concern of nearby competition from the same brand. 

By securing an exclusive area, franchisees can build a loyal customer base and maximize their market potential. CycleBar's commitment to territory protection reflects their dedication to the success and support of their franchise network.

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