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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.
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Franchise Costs
7% royalty + 2% brand development fund + $715/mo technology fee
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
Avg. Revenue: $424,125
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Unlock financial performance dataHow CycleBar Compares
| Franchise | Investment | 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 | $539K – $905K | $43K | N/A | 2,271 |
| HOTWORX | $289K – $830K | $20K | N/A | 797 |
| F45 Training | $362K – $858K | $60K | 7.0% | 706 |
| Pure Barre | $314K – $629K | $60K | 7.0% | 617 |
Fitness Studios Average 56 franchises | $424K – $1.0M | $48K | 6.9% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 56 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
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Unlock location growth dataFranchisee Contacts
286 franchisee contacts on file from official FDD filings.
286 Contacts Available
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Unlock contactsDue 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
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Unlock due diligence reportsFrequently Asked Questions
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.
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