What does a CycleBar Franchise Cost?
CycleBar franchise fees for 2024:
Total Investment: $351,475 - $501,875
Cash Investment: $100,000
Minimum Net Worth: $500,000
Franchise Fee: $60,000 (included in investment range)
Royalty: 7%
Ad: 2%
Average Number of Employees: 5-10
Item 19: Yes
visa-candidates: Yes
Passive Ownership: Yes - Semi-Absentee
Ownership: The franchisee will need to hire a general manager for
day-day operations.
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No
Is CycleBar a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. CycleBar is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is CycleBar a Home Based franchise?
No. CycleBar is not a home based franchise opportunity.
What Do CycleBar Franchise Owners Make?
Click here to find out how much CycleBar franchisees make. CycleBar offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is CycleBar a Master Franchise Opportunity?
No. CycleBar is not a master franchise opportunity.
Does CycleBar Offer a Veteran Discount?
No. CycleBar franchise does not offer a veteran discount.
Does CycleBar Work with E2 Visa and EB-5 Visa Candidates?
Yes. CycleBar franchise does work with E2 Visa and EB-5 Visa candidates.
Is CycleBar Looking for Franchisees in Canada?
No. CycleBar franchise is not looking for Canada franchisees.
Is CycleBar Looking for International franchisees?
No. CycleBar franchise is not looking for International franchisees.
Where can I see CycleBar's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.