How much does a CycleBar franchise cost?
Opening a CycleBar franchise takes a total initial investment of $410,809 to $1,110,193, according to the brand's 2025 Franchise Disclosure Document. The FDD's Item 19 reports median gross revenue of $407,065 across 184 outlets.
CycleBar franchises Studios operated under Franchise Agreements. Category: Fitness.
Item 7
What it costs to open a CycleBar franchise
The franchisor's own estimated initial investment, as disclosed in its 2025 FDD. The total is $410,809 to $1,110,193. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Net Leasehold Improvements (Net of Estimated Tenant Improvement Allowances) ($48,500 to $539,000), Fitness Equipment & Initial FF&E Package ($111,800 to $176,600), and Additional Funds - 3 months ($25,000 to $67,000). Together they make up about 70% of the high-end estimate.
The initial franchise fee is $60,000, about 15% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2025 FDD, Item 7, p. 20 | $60,000 | $60,000 | 2025 FDD, Item 7, p. 20 |
| Sourcing Fee2025 FDD, Item 7, p. 20 | $0 | $28,000 | 2025 FDD, Item 7, p. 20 |
| On-Site Grand Opening Assistance2025 FDD, Item 7, p. 20 | $0 | $2,500 | 2025 FDD, Item 7, p. 20 |
| Travel & Living Expenses While Training2025 FDD, Item 7, p. 20 | $0 | $2,500 | 2025 FDD, Item 7, p. 20 |
| Real Estate/ | $28,000 | $47,000 | 2025 FDD, Item 7, p. 20 |
| Net Leasehold Improvements (Net of Estimated Tenant Improvement Allowances)2025 FDD, Item 7, p. 20 | $48,500 | $539,000 | 2025 FDD, Item 7, p. 20 |
| Fitness Equipment & Initial FF&E Package2025 FDD, Item 7, p. 20 | $111,800 | $176,600 | 2025 FDD, Item 7, p. 20 |
| Signage2025 FDD, Item 7, p. 20 | $6,000 | $33,500 | 2025 FDD, Item 7, p. 20 |
| Additional Operating Supplies and Accessories2025 FDD, Item 7, p. 20 | $10,000 | $10,000 | 2025 FDD, Item 7, p. 20 |
| Pre-Sales and Soft Opening Retail Inventory Kit2025 FDD, Item 7, p. 20 | $14,000 | $18,000 | 2025 FDD, Item 7, p. 20 |
| Computer System, A/ | $56,000 | $56,000 | 2025 FDD, Item 7, p. 20 |
| Business Licenses2025 FDD, Item 7, p. 21 | $500 | $1,000 | 2025 FDD, Item 7, p. 21 |
| Technology and Software Fees2025 FDD, Item 7, p. 21 | $6,831 | $6,831 | 2025 FDD, Item 7, p. 21 |
| Insurance Policies2025 FDD, Item 7, p. 21 | $4,478 | $9,062 | 2025 FDD, Item 7, p. 21 |
| Initial Marketing & Advertising Spend2025 FDD, Item 7, p. 21 | $34,700 | $48,200 | 2025 FDD, Item 7, p. 21 |
| Initial Instructor Training Fee2025 FDD, Item 7, p. 21 | $5,000 | $5,000 | 2025 FDD, Item 7, p. 21 |
| Additional Funds - 3 months2025 FDD, Item 7, p. 21 | $25,000 | $67,000 | 2025 FDD, Item 7, p. 21 |
| Total estimated initial investment2025 FDD, Item 7, p. 20-21 | $410,809 | $1,110,193 | 2025 FDD, Item 7, p. 20-21 |
Source CycleBar, 2025 FDD, Item 7, p. 20-21, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Item 19
What CycleBar franchisees actually report earning
Median Gross Revenue
$407,065
CycleBar's 2025 FDD, Item 19, for the Measurement Period, beginning on January 1, 2024, and ending on December 31, 2024. Basis: Qualified Studios.
Sample size: 184 outlets. The FDD also reports average gross revenue of $425,046. We lead with the median because an average is pulled upward by the strongest outlets; the median is the middle outlet.
What the franchisor excluded from this figure
- Qualified Studios do not include Studios that operated at Non-Traditional Sites.
This is a disclosure of what some existing outlets reported, not a projection of what a new CycleBar outlet would earn. Your results will differ.
Source CycleBar, 2025 FDD, Item 19, p. 61, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Item 20
How many CycleBar outlets there are, and how many closed
CycleBar ended 2024 with 189 franchised outlets and no company-owned outlets. In that year 10 franchised outlets opened and 37 left the system.
Three years at a glance
From 2022 through 2024, CycleBar opened 94 franchised outlets and 138 outlets left the system. That is a net loss of 44, from 233 to 189 franchised outlets. Of the outlets that left, 7 were terminated, 28 were bought back by the franchisor, and 103 closed for other reasons.
On average, about 20% of franchised outlets left the system each year, roughly 1 in 5.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2024 | 216 | 10 | 6 | 0 | 0 | 31 | 189 | 2025 FDD, Item 20, p. 75 |
| 2023 | 248 | 48 | 1 | 0 | 17 | 62 | 216 | 2025 FDD, Item 20, p. 75 |
| 2022 | 233 | 36 | 0 | 0 | 11 | 10 | 248 | 2025 FDD, Item 20, p. 75 |
Source CycleBar, 2025 FDD, Item 20, p. 71-75, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-15.
Compare
How CycleBar compares with other Fitness franchises
Measured against the 50 Fitness franchises on this site, using each brand's own FDD.
- Cost to open. The middle of CycleBar's estimated range is $760,501. It costs more to open than 84% of Fitness franchises here.
- Outlets leaving each year. 20% for CycleBar. That is higher than 86% of the 30 Fitness franchises with at least 10 outlets.
- Three-year growth. CycleBar's franchised system shrank 19%. The typical Fitness franchise here grew 20%.
- Earnings disclosure. 35 of the 50 Fitness franchises here publish earnings figures in Item 19. CycleBar is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Fitness franchise side by side.
Alert me when CycleBar files a new FDD
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