Founded in 2004 and franchising since 2014, CycleBar is the largest indoor cycling brand by number of studios and offers a variety of low-impact, high-intensity indoor cycling workouts, which are inclusive of all fitness levels. CycleBar offers an immersive, multi-sensory experience in state-of-the-art “CycleTheaters,” led by specially trained instructors, enhanced with high-energy “CycleBeats” playlists and tracked using rider-specific “CycleStat” performance metrics. Ranked on Entrepreneur Magazine’s Franchise 500 four years running, Fastest-Growing Franchises in 2021 as well as Inc. Magazine’s Inc. 5000 in 2020, CycleBar is headquartered in Irvine, CA and backed by Xponential Fitness, the largest franchisor of boutique fitness brands.
Xponential Fitness, Inc. (NYSE: XPOF) is the leading curator boutique health & wellness brands. Through its mission to make boutique fitness accessible to everyone, the Company operates a diversified platform of ten brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training and yoga. In partnership with its franchisees, Xponential offers energetic, accessible, and personalized workout experiences led by highly qualified instructors in studio locations across 48 U.S. states and Canada, and through master franchise or international expansion agreements in 23 additional countries. Xponential Fitness’ portfolio of brands includes Club Pilates, the nation’s largest Pilates brand; CycleBar, the nation’s largest indoor cycling brand; StretchLab, a concept offering one-on-one and group stretching services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, the largest franchised yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; Rumble, a boxing-inspired full-body workout; and BFT, a functional training, and strength-based program and Lindora our metabolic health offering weightloss programs, IV therapy, Zerona, hormone health and more
Franchised Units: 585+ sold & 300+ open
[Xponential Fitness wide system - 3,050+ studios open/ 6,250+ sold]
Company Owned Units: 0
States Registered In: 2023 FDD filed
Canada Franchises: Pending Canadian registration
International Franchises: Not accepting international referrals at this time
Cash Investment: $100,000
Minimum Net Worth: $500,000
Franchise Fee: $60,000 (included in investment range)
Royalty: 7%
Ad: 2%
Average Number of Employees: 5-10
Item 19: Yes
visa-candidates: Yes
Passive Ownership: Yes - Semi-Absentee Ownership: The franchisee will need to hire a general manager for day-day operations.
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No
Lease Negotiation Assistance: Our XPO RE team & the local broker will help with the LOI & lease negotiations. We also have a panel of pre-approved attorneys to review/approve all lease language.
Recruiting Assistance: XPO has a national recruiter who will help franchisees with job postings.
Training:
Strong Starts
Site selection and lease negotiation
Studio construction management
Franchise University week-long training
Initial hiring visit, Grand opening visit – 3 Sr team members for 1 full week
Ongoing Support
Monthly support calls – to track business progress
KPI training
2X yearly field support visits – Bi Annual Review
Turn key annual marketing calendar
Marketing Support