Category Archives: Cycling Studio Franchise

2017: 100 studios open!

CycleBar Logo 1Hard to believe but the small dedicated cycling studio we launched in 2005 is still cranking…..and our new franchise company CycleBar now has  over 100 cycling studios open!  CycleBar riders are enjoying classes today in the following locations (partial list)

Wellesley, Mass. (Boston)

Royal Oak, Michstudio lobby

Carmel, Indiana (Indianapolis)

Woodbury, MN

Louisville, KY

Florida:  Orlando, Tampa, Sarasota, Miami, Ft. Lauderdale

Ohio:  Cincinnati, Cleveland, Columbus

North Carolina:  Charlotte, Raleigh

South Carolina: Charleston, Hilton Head, Greensborough

California:  Los Gatos,  Culver City,  Berkeley, Novato,
Laguna Hills,  Fresno

Germantown, TN

Dunwoody, GA 

Phoenix, AZ 

New Jersey:  Fort Lee, Wyckoff, Hoboken

New Orleans, LA

Fargo, North Dakota

Full list visible at www.cyclebar.com

 

A Business that Gives Back….Another reason to love a cycling studio franchise

helping%20handThere are a number of features that make the cycling studio model attractive:  it is highly automated,  relatively easy to operate, it’s a fun product and it can be highly profitable when executed well.  It is also a local business that has a unique ability to give back to the community.

A boutique indoor cycling studio is the most local kind of local business.  Because your core client-riders attend classes 3-5 times per week, they are only like to do this if they live nearby.  Long commutes for fitness are just not practical for most.  Since they live nearby, they know each other and they come to know you and your business well.

As you begin to connect with your community, you will come to hear about dozens of organizations and charities that your clients are passionate about.  You will now have a unique opportunity to help those clients by hosting fundraisers, community mixers,  and charity events.   Your studio will have empty studio time, and CycleBar has developed several, easy-to-manage event-planning systems that you can make the studio available to your community.  These kinds of studio events do several important things.

  1. They provide needed funds to good causes important to your area
  2. They raise the profile and visibility of your CycleBar studio
  3. They bring new people into your studio to get the experience 

Hosting community fundraising events is a true WIN-WIN-WIN.  The charity wins because they raise money, the attendees win because they get the unique cb logo sigCycleBar fitness experience, and the studio wins because awareness and exposure is heightened.  Note:  the cost of running these events for you as a business owner is close to zero.

Yes this is a business that makes people fit.  Yes, this is a business that is fun.  Yes, this is a business that is highly automated, and Yes, can be is a highly profitable business.  It is also a business that is uniquely positioned to help the community you are a part of.

We are now operating the first indoor cycling studio franchise.  CycleBar provides a turnkey cycling studio solution from top to bottom.

Learn More / Get Complete Details
Click Here
 to fill out our candidate questionnaire and you will receive a call where you will learn full details on startup costs, franchise fees, financial history of existing studios,  operations, branding, marketing and more.

 

7 Reasons to Consider a CycleBar Franchise

If you’ve found this blog, you’ve probably already noticed that there is something highly appealing about the indoor cycling studio model.  Maybe you’ve read the national media coverage of Soul Cycle or FlyWheel*, or maybe you’ve just visited a great cycling studio and had the “experience”.Harry Victory_Spynergy_Portraits_912

We’ve owned a highly successful studio that is having it’s 10-year birthday this year….and we’ve spent the last 14 months building a national infrastructure to create massive differentiation and winning systems in the marketplace.  If you want to bring this amazing model to your city or community, here are some reasons to consider franchising CycleBar.

  1. The CycleBar model is based on proven best practices of an existing studio, with an extremely successful track record.
  2.  You can view an overview of startup costs as well as a detailed financial history and operating history.
  3. CycleBar has pre-negotiated best prices on key equipment and systems  (bikes, sound system, online booking, website, etc)
  4. You instantly inherit a professionally developed website, Smartphone App and brand that is market tested and proven.
  5. CycleBar franchisees will have access to a Grand Opening marketing strategy has been developed and field-tested.
  6. A well-executed indoor cycling studio is a very profitable, high-margin business that is also relatively straightforward to operate. There is no direct sales, no billing, very little staff and 90% of customers transactions are automated through online systems.
  7. The business is fun!  People rave about the unique experience, while at the same time getting fit.  Clients become passionate advocates, and the studio creates a unique, committed community.

*Soul Cycle and FlyWheel do not franchise, CycleBar is the first and only dedicated indoor cycling studio franchise.

Spynergy Consulting has operated cycling studios for 9 years and has worked closely with over 80 individual cycling studio startup projects.  We have recently formed a new company called CycleBar:  the first indoor cycling studio franchise.  CycleBar will provide a turnkey cycling studio solution from top to bottom.;;

Learn More / Get Complete Details
Click Here
 to fill out our candidate questionnaire and you will receive a call where you will learn full details on startup costs, franchise fees, financial history of existing studios,  operations, branding, marketing and more.

Bill Pryor
bill@cyclebar.com

 cb logo sig

Cycling Studio Franchise….Ready Now!

Finally….a ‘state of the art ‘ cycling studio franchise so you can smoothly bring this amazing business model to your community.

As you probably know, I have posted extensively on the amazing growth of cycling studios over the past 5 years.  I own and operate my own studios and I have also worked with dozens of entrepreneurs as they faced the challenges of starting a business.  It ain’t easy.  I believe the franchise model, done right, will ease the process of getting a studio going by addressing some of the main challenges startups have to face: .
.a.s;lkDJkdj
  • Creating an awesome experience.  The Big Guys have ‘raised the bar’.  Expectations around the cycling studio experience are high because of the national chains.  We strongly believe in the power of local community studios.  They can thrive if they provide an awesome experience.  There needs to be a crisp strategy here. 
  • Real Estate.  Selecting and securing the right location, both demographically and physically is a significant challenge requiring a special expertise.
  • Marketing and branding.  For many startups, this is a neglected area and it is absolutely critical especially in the early months.  The “if you build it, they will come” marketing strategy simply does not cut it.
  • Instructors.  These are the lifeblood of a cycling studio and there needs to be a clearcut plan for recruiting, training, compensating, and securing the best.
Our plan with CycleBar, is to provide a solution that addresses these critical challenges as well as many others that you will encounter during the building of your cycling studio business.
h
Spynergy Consulting has operated cycling studios for 9 years and has worked closely with over 80 individual cycling studio startup projects.  We have recently formed a new company called CycleBar:  the first indoor cycling studio franchise.  CycleBar will provide a turnkey cycling studio solution from top to bottom.
;;
Learn More / Get Complete Details
Click Here
to fill out our candidate questionnaire and you will receive a call where you will learn full details on startup costs, franchise fees, financial history of existing studios,  operations, branding, marketing and more.
h
Visit our studios
kk

Why Franchise? Cycling Studio Franchise

The demand for quality indoor cycling studios is strong and growing and the business model has been proven in a variety of urban, suburban and small town markets around North America.  If you want “in” on this business, one of the options is a cycling studio franchise.  (note: for trademark reasons this cannot be called a Spin® studio franchise*.)

QuestionimagesThere are a number of reasons to consider franchising, but probably the most powerful is a simple one:  To reduce the risk of starting your business.  Any startup business carries inherent risk,  and as an entrepreneur, the goal is to minimize as much risk as possible.  Franchising leverages an existing proven model, and existing operating procedures, thus reducing the risk by deploying known factors.

There are of course other reasons to consider franchising:  Branding expertise, operations support, training, marketing assistance, real estate assistance and more.  I’ve read a number of articles on franchising, one of the most thoughtful and thorough is called  Why choose Franchising?  by Eddy Goldberg.   Here is one excerpt:

….let’s apply common sense: Comparing the payment of: (1) an up-front fee to buy into the support, reputation, and track record of a franchise system with (2) the research, development, and startup costs involved in creating your own, independent business, the odds of survival clearly favor franchisees…..

This article goes on to discuss a number of key issues including  financing, site selection, branding, marketing peer networking, territories and more.  For the new business owner, getting support in each of these areas, is what contributes to the risk-reduction referenced above.

*Note:  For trademark reasons there is no such thing as a Spin® studio franchise.  CycleBar is the first and only indoor cycling studio franchise.  To read more on this trademark issue Click Here.

Spynergy Consulting has operated cycling studios for 9 years and has worked closely with over 80 individual cycling studio startup projects.  We have recently formed a new company called CycleBar:  the first indoor cycling studio franchise.  CycleBar will provide a turnkey cycling studio solution from top to bottom.;;

Learn More / Get Complete Details
Click Here to fill out our candidate questionnaire and you will receive a call where you will learn full details on startup costs, franchise fees, financial history of existing studios,  operations, branding, marketing and more.

Bill Pryor
bill@cyclebar.com
cb logo sig

 

 

 

Spin®, Spinner®, and Spinning® are registered trademarks of Maddog Athletics

Spin® studio franchise or Cycling studio franchise

If you would like to open an indoor cycling studio, now is a great time.  The buzz is great for this boutique fitness model, people love them!  One option is to “go it alone” (this is a tough road, with lots of potholes)……The other option is to consider a franchise.

Soul Cycle franchise?  No such thing.  FlyWheel franchise?  No such thing.  Soul Cycle and FlyWheel don’t franchise*.  But, if you are interested in an amazing cycling studio business opportunity there is some really great news!

CycleBar Logo #1Finally — a turnkey cycling studio franchise opportunity is available.  The very first cycling studio franchise is called CycleBar.  CycleBar  is using the model pioneered over the past 10 years by Spynergy and Spynergy Consulting  so you can have a state-of-the-art indoor cycling studio in your community.

The formal offering is now available!

*Note: Soul Cycle and Flywheel are not franchises.  They are corporate entities that own and operate their own studios, they will not part with their brands and do not franchise. 

Spynergy Consulting has operated cycling studios for 9 years and has worked closely with over 80 individual cycling studio startup projects.  We have recently formed a new company called CycleBar:  the first indoor cycling studio franchise.  CycleBar will provide a turnkey cycling studio solution from top to bottom.
;;
Learn More / Get Complete Details
Click Here
 to fill out our candidate questionnaire and you will receive a call where you will learn full details on startup costs, franchise fees, financial history of existing studios,  operations, branding, marketing and more.

v

Bill Pryor
781-254-3677
bill@cyclebar.com
wellesley.cyclebar.com

CycleBar Logo #1

Spin®, Spinner®, and Spinning® are registered trademarks of Maddog Athletics