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Franchise Profile
- Total Investment: $284,350 - $497,150
- Cash Investment: $100,000
- Business Type: Franchise
- In Business Since : 2015
- Training & Support: Yes
CycleBar
Financial Strength and Management Strength:
CycleBar is owned by TPG Growth Partners an $83 Billion Private Equity Fund and is extremely well capitalized and prepared to invest significant resources in order to see the brand develop a nationwide footprint.
Top Selling Points:
Spinning has been around for 30 years is one of the most recession proof businesses in franchising today. Spinning will never go away...and during downturns people focus more on themselves with personal services and fitness to make themselves feel better. CycleBar is offering the best indoor fitness experience with an unmatched platform in the country at a reasonable moderate price point.
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CycleBar is owned by TPG Growth Partners an $83 Billion Private Equity Fund and is extremely well capitalized and prepared to invest significant resources in order to see the brand develop a nationwide footprint.
Top Selling Points:
- Sustainability: Spinning is embedded in our American Culture has been in existence for 30 years
- Semi-Absentee: As an Executive Model, you can effectively hire someone to Manage the Studio and spend your time developing your other interests.
- Proven Business Model: Soul Cycle and Flywheel are proof of concept in all major markets
- Demand: There are more than 200,000 certified spin instructors in our country today and 10,000 more get certified every year
- 100% Ecommerce business: clients pay online for their spin sessions/packages
- Hundreds of A-quality retail locations: a unique brand with no direct franchise competitor
- Quick ramp up: Our prototype model was positive cash flow in the 1st month
Spinning has been around for 30 years is one of the most recession proof businesses in franchising today. Spinning will never go away...and during downturns people focus more on themselves with personal services and fitness to make themselves feel better. CycleBar is offering the best indoor fitness experience with an unmatched platform in the country at a reasonable moderate price point.