CycleBar Franchise

CycleBar

Ongoing Franchise Opportunity

Apollo 10x. presents a unique franchise investment opportunity…CycleBar.  Currently, Apollo10x owns and manages 8 CycleBar franchise locations in four states, including California, Nevada, Indiana, and Louisiana.  CycleBar is part of Xponential Fitness, headquartered out of Irvine, CA.  Xponential acquired CyceBar one year ago as a 180 club operation and now has over 380 clubs with 200 in the build-out phase.  Additionally, their operations have expanded to Dubai and the UK and have plans for further international expansion.

 Apollo’s distressed franchise acquisition model includes extensive vetting of the target studio, re-negotiation of all expense items, the introduction of an aggressive commission based compensation plan designed to attract sales talent within the club, a weekly sales training program, social media marketing to generate new leads as well as a drip campaign to target all existing leads.

Franchise Details

Boutique Fitness:

The fitness industry is forever evolving. From old aerobics tapes to big box gyms, how and where we exercise constantly changes. Amongst the on-demand videos and memberships, there’s one trend that is reshaping our wellness routine: boutique fitness—and it’s here to stay.

But what is boutique fitness? And how does a word that is often used to describe high-end shops and hotels become the new name of a sweat-worthy revolution? It starts with the millions of people worldwide who belong to a fitness studio (a record 18.2 million in the US to be exact) and one of the largest generations in history: millennials. All are looking for the best workout experience.

 

Xponential Fitness:

Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness industry – including Pilates, cycle, stretch, dance, and rowing. We have decades of boutique fitness franchising experience across all of our brands, we have the resources and network to dominate every boutique fitness category. Currently, Xponential Fitness’ portfolio of brands includes Club Pilates, the nation’s largest and fastest growing Pilates franchise, CycleBar, the first and only premier indoor cycling franchise, L.A.-based StretchLab, a concept offering one-on-one assisted- stretching services, Row House, a rowing concept that provides an incredibly effective and efficient workout centered around the comradery and drive fostered by the sport of rowing, AKT, a dance-based cardio workout founded by Celebrity Trainer Anna Kaiser, YogaSix, a modern fitness boutique offering a fresh perspective on one of the world’s oldest practices, Pure Barre, the largest barre brand in the world and most recently, Stride, a treadmill-based cardio & strength workout.

CycleBar:

CycleBar is the world’s largest premium indoor cycling brand worldwide. CycleBar provides far beyond a great cardio workout, with concierge-level service, premium amenities, and a community of riders to motivate and inspire your fitness journey. Each workout provides 45-minute low-impact, high-intensity cycling experience for all ages and body types. Classes are led by industry-best instructors riding to the beat of mind-blowing playlists in an energizing concert environment, and proprietary performance stats to help members achieve their personal best, ride-after-ride.

Location

Nationwide

Asset Class

Franchise

Investment Amount

$500,000

Minimum Monthly Return

$4167

Expected Monthly Return

10% Net Income or Minimum Return

EBITA (Group of 8)

5-6 at Sale

EBITA (Single Studio)

3 at Sale

CYCLEBEATS®

CycleBeats is a proprietary, state-of-the-art in-house and online music database. Our library of millions of songs and videos brings pedal-turning, heart-stopping, music-pumping fun every single time you ride. No more iPods or technical challenges—just great music on one of the best sound systems available.

 

CYCLETHEATRE®

The CycleTheatre is where the real action happens. This tiered theatre holds up to 55 custom bikes, two larger-than-life flat-screen TVs, personal data monitors, and our state-of-the-art audio, video, and lighting technology that creates a multisensory experience.

CYCLESTATS®

Achieve your personal best every single ride. CycleStats measure the six key metrics of your daily and historical performance—and emails you the result after every ride to help you track the progress of your fitness journey. Your CycleStats are always available at cyclebar.com, so you can check in on your calories, power, RPM, and more at any time.

CYCLESTAR® INSTRUCTORS

Equal parts educator, DJ, drill sergeant, motivator, and friend; our CycleStar Instructors will help you improve your performance, reach your goals, and change your life one ride at a time. They bring incomparable energy, training, enthusiasm, and charisma to each and every ride.

 

 

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