CycleBar
- CycleBar Franchising, LLC
7720 Montgomery Rd., # 200
Cincinnati, OH 45236
Welcome to CycleBar Indoor Cycling! We've turned up the volume on the indoor cycling experience.The CycleBar mission is to create a fun and accessible experience for riders of all ages and fitness levels. We ensure that each CycleBar ride is an unparalleled, multisensory, and intoxicating journey. Each ride is fueled with amazing music, energy-enhancing video graphics and rider-specific performance data in a state-of-the-art Rhythm Room. CycleBar delivers concierge-level service and an exhilarating experience that goes far beyond a great cardio fitness workout. We're rocking the ride, each and every time.
Franchisor Background
Year Established: 2014
Franchising Since: 2015
Operating Units
Franchised Units |
2 |
66.7% |
Company-Owned Units |
1 |
33.3% |
Total Operating Units |
3 |
100% |
Geographic Distribution
USA |
0 |
N/A |
In 0 States
|
Canada |
0 |
N/A |
In 0 Provinces
|
International |
0 |
N/A |
In 0 Foreign Countries
|
Total |
0 |
100% |
|
Multi-Unit Operators
Multi-Unit Operators |
0 |
Franchises Owned by Multi-Unit Operators |
0 |
North American Unit Density
Registered in the following Registration States
(not registered in any registration states)
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Support and Training
General Information
IFA Member |
No |
CFA Member |
No |
Franchisee Association? |
Yes, is a member |
Size of Corporate Staff |
0 |
Site Selection Assistance |
Yes |
Lease Negotiation Assistance |
Yes |
Financial Assistance |
Yes, Direct |
Marketing Support
Co-Op Advertising |
No |
National Advertising |
No |
Regional Advertising |
No |
Local Advertising |
No |
Ongoing Support
Central Data Processing |
Included |
Central Purchasing |
Included |
Field Operation Evaluation |
Included |
Field Training |
Included |
Initial Store Opening |
Included |
Inventory Control |
Included |
Franchisee Newsletter |
Included |
Regional or National Meetings |
Included |
800 Telephone Hotline |
Included |
Training
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Financial Requirements
Investment
Minimum Net Worth |
N/A |
Cash Investment |
N/A |
Total Investment |
N/A |
Average Total Investment |
$0K |
Fees
Initial Franchise Fee |
N/A |
Average Franchise Fee |
$0K |
On-Going Royalty |
N/A |
Average Royalty |
0% |
Advertising Fee |
N/A |
Site Information and Requirements
Average Number of Full-Time Employees |
N/A |
Average Number of Part-Time Employees |
N/A |
Space Needs (in square feet) |
None
|
Preferred Site Types |
N/A
|
Encourages Conversions |
Yes |
Item 19 (Earnings Claim) Provided? |
No |
Listed in the SBA Registry? |
No |
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Franchisee Qualifications
Financial Net Worth |
1 |
General Business Experience |
1 |
Specific Industry Experience |
1 |
Formal Education |
1 |
Psychological Profile |
1 |
Personal Interviews |
1 |
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Terms of Contract
Term of Initial Contract |
N/A |
Term of Renewal Period |
N/A |
Passive Ownership? |
Allowed |
Area Development Agreements? |
Yes, for 0 years
|
Sub-Franchisor Contracts? |
No |
Franchisees Allowed to Expand Within Territory? |
No |
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Expansion Plans
Projected New Units Over Next 12 Months |
0 |
USA |
No |
Canada |
No |
Overseas |
No |
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