CycleBar® Business Overview

CycleBar® Business Overview

Financial Information:

Cash Investment: $150,000
Net Worth: $600,000
Franchise Fee: $49,500 - $49,500
Total Investment: $284,350 - $497,150
Royalty Fee: 7%
Advertising Fee: 2%

Available Markets:


Canada:
United States: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, SC, TN, TX, UT, VT, WV, WI, WY
International Opportunities Available

Quick Business Facts
Founded: 2014
Franchising Since: 2015
Corporate Office: 3185 Pullman Street,
Costa Mesa, CA 92626
Industries: , , , , , , ,
Resources: » Franchise Information
» Consumer Information

About CycleBar®

CycleBar® is a Premium Indoor Cycling™ boutique that offers energizing rides tailored to all fitness and experience levels. CycleBar rides inspire, motivate, and invigorate riders. As the only luxury boutique fitness franchise available to date, CycleBar offers attractive opportunities in a fast-growing company with high EBITDA margins and strong consumer demand. CycleBar is on pace to have 150 studios open to riders in 2017 with over 200 additional locations in development.

Company History

In 2004, Bill Pryor and his sister Alex Klemmer decided to create one of the first independent cycling studios in the country in their Boston neighborhood. Bill, then a corporate executive, and Alex, a stay-at-home mom, both recognized that there were three key ingredients to a successful indoor cycling experience: great instructors, great music and a great environment. They opened their first dedicated studio a year later and have been perfecting their high-energy, cycling- focused concept ever since. Now, ten years later, Pryor and Klemmer have partnered with like-minded fitness enthusiasts to allow others to experience and benefit from the CycleBar® experience.

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