CycleBar Minneapolis
CycleBar franchise for sale in Minneapolis, Minnesota
List Price: $80,000 USD
Key Facts
Annual Gross Revenue
$400,000 USD
Cash Flow
Upon Inquiry
Seasonal Business
No
Value of Inventory
Upon Inquiry
Value of Assets
Upon Inquiry
Year Established
Upon Inquiry
Approx. Monthly Rent
N/A
Total Employees
Upon Inquiry
+3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
NoneSeller financing Available
About this Business
Own one of Minneapolis’ premier boutique fitness studios. This is a rare opportunity to acquire a fully operational, plug-and-play CycleBar franchise in one of the most desirable markets. Skip the expense and uncertainty of finding real estate, negotiating a lease, completing construction, purchasing equipment, recruiting staff, and building a membership base from scratch.
This turnkey business includes an established membership base, premium equipment, professional operating systems, attractive studio design, and requires no capital improvements. A dedicated General Manager is already in place, providing continuity for both members and staff, making this an ideal opportunity for either an owner-operator or semi-absentee owner.
The full instructor roster is intact with experienced coaches, existing class schedules, strong member relationships, and a proven ability to deliver the premium CycleBar experience.
Members enjoy a high-energy indoor cycling experience featuring motivating instructors, curated music, performance tracking technology, and an inclusive community that drives long-term member retention and recurring revenue.
Growth opportunities include corporate wellness partnerships, referral programs, community events, retail sales, digital marketing, local business collaborations, off-peak utilization, and enhanced member retention initiatives.
Instead of facing the risks of opening a new franchise, you’ll acquire an established business with systems, staff, management, equipment, and loyal members already in place.
Ideal for fitness operators, multi-unit franchisees, entrepreneurs, investors, health and wellness professionals, or anyone seeking a recurring membership business with significant growth potential. Previous cycling experience is not required.
Owner's Day-to-Day Involvement
Husband and wife team. Wife is an instructor and happy to stay on the team. Both are available to consult and be a bridge as long as the buyer would like.
Asset Description
45 Schwinn Bikes Full catalog of shoes Complete A/V Rack 4 TVs Complete speaker system Pristine showers and bathrooms Full set of locker walls Front desk computers and iPads Complete set of weight bars
Inventory Description
We have a full set of apparel on site, a full set of back up shoes, all bike parts and accessories needed, marketing boards for messaging, complete array of cleaning materials and equipment, and more.
Reason for Selling
Our lease and Franchise agreement are expiring. We are dealing with some perosonal/health challenges and need to move on in an official capacity.
Why I Love My Franchise
We have built an incredible community that serves the riders and the staff. We have raised over $850,000 for charity in the space. CycleBar has become a fixture in the community and we are excited for someone to carry it into it's next chapter!
About CycleBar
With over 250 studios worldwide, CycleBar is renowned for its dynamic indoor cycling experience. Each studio, known as a “CycleTheater,” combines state-of-the-art facilities, high-energy music, and immersive lighting to create a unique, multi-sensory workout environment. Classes are led by expert instructors who guide riders through each session, enhanced by “CycleBeats” playlists and “CycleStat” performance metrics that track individual progress. Catering to all fitness levels, CycleBar fosters a supportive, community-driven atmosphere that elevates mood and motivates members to achieve their fitness goals. This combination of cutting-edge technology and an engaging environment sets CycleBar apart as a leader in the boutique fitness industry.
Franchisee Support
CycleBar provides extensive support and comprehensive training for franchise owners. Franchisees attend a 3-day training course at corporate headquarters in California, participate in an annual Franchise Convention, and receive ongoing weekly support. Franchise staff undergo extensive sales training to ensure success. Personalized marketing strategies include co-op marketing, national and regional media, SEO, social media, and email marketing.
Brand Accolades & Awards
CycleBar has been consistently ranked on Entrepreneur 500 for four consecutive years (2019-2022) and recognized as a Top New Franchise and Fastest Growing Franchise in 2021 by Entrepreneur 500. The brand has also been featured in the Inc. 5000 and Franchise Times Top 200+. Additionally, CycleBar has been profiled by major publications, including Women's Health, Forbes, Business Insider, NBC, and many others.
Industry / Market
CycleBar is a prominent player in the $22 billion boutique fitness industry and is three times larger than its nearest competitor, allowing the brand to enjoy substantial growth as the market for specialized fitness experiences continues to expand.
Ideal Owner
The ideal CycleBar franchisee is a passionate fitness enthusiast with a strong background in cycling and community engagement. They should be energetic, motivational, and capable of creating a welcoming environment for members. Strong leadership and customer service skills are essential, along with experience in the fitness industry or group exercise instruction.