CycleBar Franchise SPV, LLC
About The CycleBar Franchise SPV, LLC
Industry
Other
CycleBar Franchise SPV, LLC is a subsidiary of Xponential Fitness, Inc., a leading boutique fitness franchisor. Xponential Fitness owns and operates several fitness brands, including CycleBar, Club Pilates, Row House, StretchLab, and Pure Barre.
CycleBar is the largest indoor cycling franchise in the United States, offering a variety of low-impact, high-intensity indoor cycling workouts suitable for all fitness levels. Founded in 2004 in Wellesley, Massachusetts, CycleBar has expanded its presence across North America, with over 200 studios open globally.
The franchise provides an immersive, multi-sensory, community-focused experience in state-of-the-art "CycleTheaters." Classes are led by specially trained instructors and are enhanced with energizing "CycleBeats" playlists.
Riders can track their performance using "CycleStat" metrics, which monitor six key performance indicators to help individuals gauge their progress.
Franchise Model and Support
CycleBar offers a scalable business model for franchisees, with an initial investment ranging from $337,720 to $511,455. This investment includes a $60,000 initial franchise fee and covers expenses such as:
- Site selection
- Lease negotiation
- Studio construction
- Equipment
- Initial operating costs
Franchisees receive extensive support, including management of studio construction, comprehensive training programs, and ongoing assistance.
Ongoing support includes monthly calls, key performance indicator training, bi-annual field support visits, and a turnkey annual marketing calendar.
Growth and Locations
The company has experienced significant growth, with 269 U.S. units and 13 international units, totaling 282 locations. This expansion is supported by a strong national brand presence and a recurring revenue model, attracting a broad range of members.
Location
- Oak Park, IL, USA
CycleBar Franchise SPV, LLC emphasizes community engagement and member experience as central to its business model.
They continue to contribute to the brand's growth and mission to provide an inclusive and community-focused fitness experience.