CycleBar Franchise: How Much Money Do Owners Make?

CycleBar, a well-known indoor cycling franchise, has been in business since 2004. It has gained popularity over time, and many fitness enthusiasts are interested in opening a franchise. How much money can I anticipate to make? is one of the most often asked queries by prospective franchise owners. In this piece, we’ll look into CycleBar owners’ earning potential and address some associated concerns concerning the corporate parent.

The price of a CycleBar franchise varies according to a number of variables. The initial outlay may be between $317,000 and $557,000. This covers the franchise fee as well as any equipment, real estate, or other startup expenses. Just the franchise cost is $60,000, though. Additionally, owners are expected to pay a 2% advertising fee and a 7% royalty fee from their gross sales. The initial term of the franchise agreement is 10 years, and it is renewable for an additional ten. What Kind of Income Can CycleBar Owners Expect?

If they successfully franchise their business, CycleBar owners can earn a sizable sum of money. Franchise Business Review reports that the average CycleBar studio brings around $702,000 per year. However, as this is only an average, individual incomes may differ. Owners that run their studios effectively and market their companies effectively can make significantly more money. Some franchise owners claim that their CycleBar businesses bring in six figures annually.

CycleBar and a few other fitness franchises are owned by Xponential Fitness. Anthony Geisler serves as Xponential Fitness’ CEO. He has over 20 years of experience in the fitness business and has steered the development of numerous prosperous fitness firms. Is Club Pilates a publicly traded company?

One of the workout chains that Xponential workout owns is Club Pilates. Xponential Fitness, however, is not a publicly traded company. It is a privately held business that has expanded quickly recently.

Nine fitness companies, including CycleBar, Club Pilates, Pure Barre, YogaSix, STRIDE, Row House, AKT, StretchLab, and CycleBar, are part of the portfolio of Xponential Fitness. Every brand has a distinct focus and draws a different type of customer.

As a result, owners of CycleBar franchises can earn a respectable living. Although opening a CycleBar franchise can be expensive, there is also a large chance of financial success. CycleBar’s parent firm, Xponential Fitness, is led by Anthony Geisler, who also serves as CEO of a number of other fruitful fitness franchises. Privately held Xponential workout owns nine different workout businesses.