IL-Cycling and Workout Studio for Sale
CycleBar is an inclusive and affordable experiential retail concept offering premium Indoor Cycling classes. Indoor cycling has been a defined fitness platform for nearly 50 years. 200,000 individuals have been certified as spinning instructors over the years and 10,000 new instructors get certified every year. These numbers provide empirical evidence that demand and awareness exist in each and every market.
Price: $60,000
Location: Cook County, Illinois
Industry:
Inventory Included: No
Facilities Information: IDEAL CANDIDATE: As one of the few SEMI-ABSENTEE models in franchising, CycleBar may be presented to a candidate (with any background) that qualifies based on the required financial criteria. We are looking for franchisees with basic business skills that can manage and motivate a team, have sufficient financial resources, and will follow the blueprint of a proven business model. If your candidate has these qualities, then they are a prime candidate to own and operate a CycleBar Franchise!
Reason For Sale: -
Training & Support: Strong Starts Site selection and lease negotiation Monthly support calls – to track business progress
Studio construction management
Franchise University week-long training
Initial hiring visit, Grand opening visit – 3 Sr team members for 1 full week
Ongoing Support
KPI training
2X yearly field support visits – Bi Annual Review
Turn key annual marketing calendar
Marketing Support