CycleBar FDD Summary
Type of Business
CycleBar Franchising, LLC (CBF) offers franchises for the operation of a studio that offers indoor cycling classes under the CYCLEBAR® mark.
Corporate Information
CBF is an Ohio limited liability company that was organized on April 1, 2014. CBF’s principal business address is 7720 Montgomery Road, Suite 200, Cincinnati, Ohio 45236. They began offering CYCLEBAR franchises in January 2015.
Investment
The total investment necessary to begin operation of a new Studio ranges from $378,400 to $893,600. This includes $40,000 to $59,500 that must be paid to CBF or its affiliates, depending on how many Studios you agree to develop. In addition, if you enter into a Development Agreement, you must pay the franchisor a development fee equal to the sum of the franchise fees due for each Studio that you agree to develop (which may range from $30,000 to $41,666.67 per Studio that you agree to develop).