Franchise opportunities compared

    CycleBar Franchising SPV vs planet fitness

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    CycleBar Franchising SPV

    $410,809 – $1,110,193

    2025 FDD · Item 7 · PDF p. 28

    planet fitness

    $1,282,500 – $5,386,000

    2026 FDD · Item 7 · PDF p. 31 · printed p. 24

    Initial franchise fee · Item 5

    CycleBar Franchising SPV

    Not available

    planet fitness

    Not available

    Royalty · Item 6

    CycleBar Franchising SPV

    7%

    2025 FDD · Item 6 · PDF p. 21

    planet fitness

    7% · percent of total gross monthly and annual membership fees payable via EFT Dues Draft

    2026 FDD · Item 6 · PDF p. 19 · printed p. 12

    Before you compare

    • CycleBar Franchising SPV figures come from its 2025 FDD and planet fitness figures from its 2026 FDD, so the years differ.
    • Item 19 figures cover the location groups each FDD names (CycleBar Franchising SPV: 76, planet fitness: 3). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    CycleBar Franchising SPV

    $410,809 – $1,110,193
    Total estimated initial investment
    2025 FDD · Item 7 · PDF p. 28

    planet fitness

    $1,282,500 – $5,386,000
    Total
    2026 FDD · Item 7 · PDF p. 31 · printed p. 24
    Standard initial franchise fee (Item 5)

    CycleBar Franchising SPV

    Not available
    No single standard fee identified

    planet fitness

    Not available
    No single standard fee identified
    Royalty (Item 6)

    CycleBar Franchising SPV

    7%
    Royalty
    2025 FDD · Item 6 · PDF p. 21

    planet fitness

    7% · percent of total gross monthly and annual membership fees payable via EFT Dues Draft
    Royalty
    2026 FDD · Item 6 · PDF p. 19 · printed p. 12
    Brand / advertising fund (Item 6)

    CycleBar Franchising SPV

    2%
    Brand Development Fund initial contribution — 2%
    2025 FDD · Item 6 · PDF p. 21

    planet fitness

    2% of eft dues draft; during 2026, 2% of eft dues draft plus 1% of monthly eft
    National Advertising Fund Fee
    2026 FDD · Item 6 · PDF p. 21 · printed p. 14

    System scale & health

    Total outlets (Item 20)

    CycleBar Franchising SPV

    189
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 76

    planet fitness

    2,709
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 91 · printed p. 84
    Net outlet change (Item 20)

    CycleBar Franchising SPV

    −70
    Calculated: 259 at end of 2022 → 189 at end of 2024

    planet fitness

    +254
    Calculated: 2,455 at end of 2023 → 2,709 at end of 2025
    Outlet exits (Item 20)

    CycleBar Franchising SPV

    Not available
    No complete exit records for a year

    planet fitness

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    CycleBar Franchising SPV

    Not available
    Not in reviewed records

    planet fitness

    2018
    2026 FDD · Item 1 · PDF p. 8
    Franchisor founded (Item 1)

    CycleBar Franchising SPV

    Not available
    Not in reviewed records

    planet fitness

    2018
    2026 FDD · Item 1 · PDF p. 8

    Financial performance (Item 19), by location group

    CycleBar Franchising SPV
    Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening…
    $32,098
    other New Studio month 7 Gross Revenue median
    2025 FDD · Item 19 · PDF p. 72
    Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening…
    $33,121
    other New Studio month 8 Gross Revenue average
    2025 FDD · Item 19 · PDF p. 71
    Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening…
    $40,089
    other New Studio month 9 Gross Revenue maximum
    2025 FDD · Item 19 · PDF p. 72
    +73 more groups in the full report
    PFplanet fitness
    Franchised (764 locations) — revenue
    $1,863,300
    other Annual EFT Revenue
    2026 FDD · Item 19 · PDF p. 83 · printed p. 76
    Franchised (763 locations) — revenue
    $2,705,811
    other Annual EFT Revenue
    2026 FDD · Item 19 · PDF p. 83 · printed p. 76
    Company-owned locations — other measures
    2.3 – 2,025 percent of gross membership EFT
    range Monthly declines and returns
    2026 FDD · Item 19 · PDF p. 87 · printed p. 80

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    CycleBar Franchising SPV vs planet fitness: common questions

    Which costs less to open, CycleBar Franchising SPV or planet fitness?
    CycleBar Franchising SPV: $410,809 – $1,110,193 (2025 FDD · Item 7 · PDF p. 28); planet fitness: $1,282,500 – $5,386,000 (2026 FDD · Item 7 · PDF p. 31 · printed p. 24). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for CycleBar Franchising SPV. Estimates are not quotes, and the FDD years may differ.
    How do CycleBar Franchising SPV and planet fitness royalties compare?
    CycleBar Franchising SPV: 7% (2025 FDD · Item 6 · PDF p. 21); planet fitness: 7% · percent of total gross monthly and annual membership fees payable via EFT Dues Draft (2026 FDD · Item 6 · PDF p. 19 · printed p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, CycleBar Franchising SPV or planet fitness?
    CycleBar Franchising SPV: 189 (2025 FDD · Item 20 · PDF p. 76); planet fitness: 2,709 (2026 FDD · Item 20 · PDF p. 91 · printed p. 84). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do CycleBar Franchising SPV and planet fitness disclose financial performance (Item 19)?
    CycleBar Franchising SPV has reviewed Item 19 figures for 76 location groups; planet fitness has reviewed Item 19 figures for 3 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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