How many franchised CycleBar Studios, affiliated with Bft, were in operation as of December 31, 2024?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
Our affiliate, CycleBar Franchising SPV, LLC ("CB SPV"), a Delaware limited liability company, has offered franchises for indoor cycling studios under the CYCLEBAR® trademark ("CycleBar Studios") since April 2023. Our affiliate, and predecessor to CB SPV, CycleBar Franchising, LLC ("CB"), an Ohio limited liability company, previously offered franchises for CycleBar Studios from January 2015 through March 2023. The franchise agreements, area development agreements, and certain other agreements related to CycleBar Studios that were signed by CB before the Reorganization were assigned to CB SPV as of December 31, 2023. As of December 31, 2024, there were 189 franchised CycleBar Studios in operation.
Source: Item 1 — THE FRANCHISOR, ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 7–12)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, as of December 31, 2024, there were 189 franchised CycleBar Studios in operation. CycleBar is an affiliate brand within the portfolio of brands owned and franchised by subsidiaries of Xponential Fitness. CycleBar Franchising SPV, LLC has offered franchises for CycleBar since April 2023, while CycleBar Franchising, LLC offered them from January 2015 through March 2023.
This information is relevant to potential Bft franchisees because it provides insight into the broader network of fitness brands under the Xponential Fitness umbrella. While Bft is the specific franchise opportunity being considered, understanding the performance and scale of affiliated brands like CycleBar can offer a sense of the parent company's overall experience and resources in the fitness franchising industry.
However, it is important to note that the performance of CycleBar or any other affiliated brand is not necessarily indicative of the potential performance of a Bft franchise. Market conditions, brand recognition, and operational strategies can vary significantly between different franchise concepts. Prospective franchisees should focus primarily on the specific information provided about Bft in the FDD and conduct thorough due diligence on the Bft brand itself.