CycleBar
CycleBar franchises enable owners to develop, own, and operate fitness studios that provide indoor cycling classes/instruction and other related exercise classes using designated equipment, following a comprehensive system with specific designs, technology like CycleBeats® and CycleStats®, and operational standards. The business model is primarily franchising single studios or multi-unit developments, with initial investments ranging from $410,809 to $1,110,193 for a single studio, targeting individuals and groups interested in boutique fitness experiences. The target market includes fitness enthusiasts seeking group cycling and exercise classes in a structured, immersive studio environment.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
7% royalty + 2% brand development fund + $715/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 183 Qualified Studios (franchised units) for the Measurement Period (January 1, 2024, to December 31, 2024).
* All figures for Gross Revenue (Average, Median, Top Quartile Average, Bottom Quartile Average) were directly extracted from the 'Part A-1: Gross Revenue of Qualified Studios' table on page 2. The 'Total' row provided the overall average and median. The '1st Quartile' row provided the top quartile average, and the '4th Quartile' row provided the bottom quartile average. No further calculations were required.
Extracted Item 19 Section
How CycleBar Compares to Other Fitness Studios Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
CycleBar Current | $411K - $1.1M | $60K | 7.0% | 189 |
| Planet Fitness | $1.5M - $5.2M | $20K | 7.0% | 2,298 |
| ANYTIME FITNESS | $459K - $908K | $43K | N/A | 2,290 |
| F45 Training | $349K - $786K | $60K | 7.0% | 751 |
| Pure Barre | $314K - $629K | $60K | 7.0% | 617 |
| HOTWORX | $259K - $878K | $20K | N/A | 578 |
Fitness Studios Average 55 franchises | $425K - $1.0M | $47K | 6.9% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+27 more states
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Primarily pre-sale disclosure violations under franchise investment laws, fraudulent inducement/misrepresentation, and breach of franchise agreements and good faith covenants.
Bankruptcy (Item 4)
Xponential’s Chief Operating Officer of North America, Timothy Weiderhoft, and his wife filed personal Chapter 7 bankruptcy on August 9, 2023 (discharged December 20, 2023).
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a CycleBar franchise?
The total initial investment to open a CycleBar franchise ranges from $410,809 to $1,110,193. This includes a franchise fee of $60,000. Ongoing royalty fees are 7.0% of gross sales.
How much revenue does a CycleBar franchise make?
According to the 2025 FDD, the average gross revenue for a CycleBar franchise is $424,125. The median revenue is $406,514.
How many CycleBar franchise locations are there?
As of the 2025 FDD, CycleBar has 189 franchise locations. The company has been franchising since 2015.
Is CycleBar a good franchise to buy?
CycleBar shows several positive indicators: established brand with 189+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in CycleBar?
Talk to a franchise advisor to get personalized guidance and learn if CycleBar is the right fit for you.
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