WNiF Magazine - Summer 2017 Edition | Page 35

T he words “boutique cycling studio” may conjure up the image of dimly lit studios with loud music, energetic instructors and SoulCycle. Thanks to the success of SoulCycle in America, the indoor cycling market is booming. So will the effect start lapping on our sandy shores? While SoulCycle itself is not a franchise, the success of this fitness movement is evident by the boutique indoor cycling studios that are popping up all over the U.S. SoulCycle opened its first studio back in 2006 at W72 Street, New York. Arguably creating the boutique fitness studio revolution, it has grown to 84 studios (at time of publishing) and although their initial public offering (IPO) was applied for in 2015, it has yet to move forward with its stock exchange listing. Flywheel Sports (another non-franchise), its closest rival in numbers with 43 (at time of publishing) launched in 2010 by one of SoulCycle’s founders, Ruth Zukerman, now the creative director. The antithesis of SoulCycle, Flywheel makes no claims of a spiritual experience, nor does it have disco balls or ‘dancing’ on bikes. Instead, it features a stadium like layout and a display that ranks a riders effort as a lure for competitive athletes. ...indoor cycling has become the fastest growing workout concepts in fitness with boutique studios experiencing 400% year-on- year growth since 2010... And so the popularity grows. This time it’s with franchise operators who have created their own turnkey solution for wannabe boutique studio owners to tap into the success of the cycle class craze, and this could be why; according to a recent U.S. report, indoor cycling has become the fastest growing workout concepts in fitness with boutique fitness studios experiencing 400% year-on-year growth since 2010, making up 42% of the U.S. health club market. their bikes in real time, every member knows exactly where they are standing in the class at any given time, using it to push themselves even more. www.rushcycle.com/rush-cycle- franchise It’s a lifestyle movement! Franchises in the U.S.: 6 (8 coming soon) In this article, we feature some of the U.S. franchise operators making waves with their own unique cycle experience, starting with the world’s first indoor cycling franchise and biggest rival to both SoulCycle and Flywheel Sports, Cyclebar. Franchise fee (USD): $259,000 - $465,000 Franchises in the U.S.: 117 (32 open soon) Full Psycle’s goal is to create the ultimate cycling experience, and with 4 thriving sites already established, they certainly have met their mark. Founded in 2013 by Paul Hermelin and Shelly Scott in Costa Mesa, CA, Full Full Psycle offers clients an exciting atmosphere and efficient full-body workout - upper body strength training is included in the session and not just as an added afterthought. www.fullpsycle.com/franchise-promo Franchise fee (USD): No range. It depends on location (city or rural), size of location and structural cost. CycleBar was founded in 2004 in Boston by brother and sister team Bill Pryor and Alex Kemmer. The lighting, sound systems, video graphics and heart-pumping music makes each workout fun and exciting. Each theatre holds up to 55 bikes, with a range of music style options to match the personality of each class and its instructor. CycleBar is not your average cycling class. It is a multi-sensory journey where riders can completely immerse themselves in the moment. www.cyclebarfranchise.com Franchises in the U.S.: 6 (18 open soon) Franchise fee (USD): $300,000 - $400,000 RushCycle began in La Jolla CA with a simple mission of making clients happy. Their approach to fitness is that it should be fun, inspiring and exciting, while still getting results. In a dimly lit room, riders will all pedal together as a team, in sync with the beat of the music for a full-body, sweaty workout. With their metrics displayed on WHAT’S NEW IN FITNESS - SUMMER 2017 Franchises in the U.S.: 6 (more coming) Franchise fee (USD): N/A StarCycle offers more than just a cycling class. Clients follow choreography on a bike that makes fitness fun and exciting, while still being effective. In a candlelit studio, riders experience a low-impact, high-energy fitness experience like never before. They also become part of a bigger community from their very first class, riding as a group to the beat of the music. Franchisees of StarCycle are also in for a fun, inspirational and rewarding career, with a focus on changing people’s lives for the better and transforming their minds and bodies. www.starcycleride.com/franchise Enter the technology company that aims to disrupt the fitness equipment category and change how we visualise indoor cycling. 35