CycleBar

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.

189
Locations
$411K–$1110K
Investment
Since 2015
Franchising
Health & FitnessIrvine, CAXponential Fitness, Inc.www.cyclebar.comDisclaimer

Franchise Costs


Franchise Fee
$60,000
Item 5 of FDD
Initial Investment Range
$410,809 $1,110,193
Low: $410,809High: $1,110,193
Item 7 of FDD
Royalty Rate
7.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$715 – $715
Item 6 of FDD

7% royalty + 2% brand development fund + $715/mo technology fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0

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


FranchiseInvestmentFeeRoyaltyLocations
CycleBar
Current
$411K – $1.1M$60K7.0%189
Planet Fitness$1.5M – $5.2M$20K7.0%2,298
ANYTIME FITNESS$459K – $908K$43KN/A2,290
F45 Training$349K – $786K$60K7.0%751
Pure Barre$314K – $629K$60K7.0%617
HOTWORX$259K – $878K$20KN/A578
Fitness Studios Average
55 franchises
$425K – $1.0M$47K6.9%

* 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

Top States
1CA
23
2FL
22
3TX
19
4NC
10
5OH
10
6PA
9
7NY
8
8NJ
8
9IL
8
10CO
7
11VA
6
12TN
6
13AZ
5
14SC
4
15KY
4

+27 more states

Franchisee Contacts


286 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

286 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases2

Primarily pre-sale disclosure violations under franchise investment laws, fraudulent inducement/misrepresentation, and breach of franchise agreements and good faith covenants.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

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

Terminations
6
Non-Renewals
0
Reacquired
0
Ceased Ops
31
Transfers
10
Sold to Franchisees
0
Projected New
1

Frequently 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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Also includes FDDs for

JAZZERCISE
JAZZERCISE
Planet Fitness
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ANYTIME FITNESS
ANYTIME FITNESS
Club Pilates
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F45 Training
F45 Training
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