CycleBar franchise
CycleBar runs indoor cycling studios with instructor-led rides set to music and performance tracking on screens. Each studio needs a roster of at least eight instructors; it is part of Xponential Fitness. At the end of 2024 there were 189 CycleBar locations in the US, all franchised.
- Cost to open
- $411K–$1.11M
- Franchise fee
- $60,000
- Royalty
- 7%
- Locations, 2024
- 189−44 in 3 yrs
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Company snapshot
- Franchisor based in
- Irvine, California
- Agreement length
- 10 years
- Territory
- No exclusive territory
- Financing
- Introductions to lenders
From Cyclebar Franchising SPV, LLC’s 2025 filing.
How much a CycleBar franchise costs
Opening a single CycleBar studio costs an estimated $410,809 to $1,110,193. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Cyclebar Franchising SPV, LLC, 2025 filing, page 28
CycleBar franchise fee
The franchise fee is $60,000, for a single studio ($50,000 for a second, $40,000 after). You pay it when you sign the franchise agreement.
Source: Cyclebar Franchising SPV, LLC, 2025 filing, page 18
Royalty and ongoing fees
| Royalty | 7% of gross sales, paid weekly. |
|---|---|
| Brand or marketing fund | Currently 2% of gross sales to the brand development fund. |
Source: Cyclebar Franchising SPV, LLC, 2025 filing, page 21
Sales and earnings
Shares figures CycleBar publishes sales or earnings figures for its locations: it reports 2024 gross revenue for franchised studios. The full tables, with notes on which locations are counted, are in its filing.
Source: Cyclebar Franchising SPV, LLC, 2025 filing, page 67
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2022 | 248 (+15) | 11 | 21 |
| 2023 | 216 (−32) | 1 | 80 |
| 2024 | 189 (−27) | 0 | 37 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
Source: Cyclebar Franchising SPV, LLC, 2025 filing, page 76
How CycleBar compares
Of the 14 fitness franchises on this site, CycleBar is the 6th cheapest to open and the 11th largest by number of locations.
| Measure | CycleBar | Typical fitness |
|---|---|---|
| Cost to open, low end | $411K | $434K |
| Royalty | 7% | 7% |
| Closed or left per year | 19.5% | 3.7% |
| Change in franchised locations, 3 yrs | −18.9% | −0.5% |
| Shares earnings figures | Yes | 12 of 14 |
Typical is the median across the 14 brands in fitness franchises.
Other fitness franchises
CycleBar franchise questions
Does CycleBar help with financing?
Not directly. CycleBar points buyers to outside lenders it works with, but the loan is between you and the lender.
Do CycleBar franchisees get a protected territory?
No. CycleBar grants the right to run one location but no exclusive area, so another CycleBar can open nearby.
How long is a CycleBar franchise agreement?
The initial term is 10 years. Renewal is usually possible if you're in good standing, often for a fee and a remodel.
Is CycleBar growing or shrinking?
Over the last 3 years 94 franchised locations opened and 138 closed or left, a net change of −18.9%. About 19.5% of locations closed or left each year. That is above the 3.7% typical for fitness franchises.
How does CycleBar compare with other fitness franchises?
Of the 14 fitness franchises here, CycleBar is the 6th cheapest to open (low end $411K against a $434K median) and the 11th largest by number of locations. Its 7% royalty is in line with the 7% median.
Does CycleBar say how much franchisees make?
Yes: it reports 2024 gross revenue for franchised studios. Your results can differ; the filing explains which locations are counted.
Where is CycleBar based?
Cyclebar Franchising SPV, LLC is based in Irvine, California.