CycleBar, the indoor cycling brand owned by Xponential Fitness, has announced the opening of its 250th studio, and has secured over 500 agreements in its history. The brand’s growth trajectory has been positive ever since it was acquired by Xponential Fitness in 2017.
In the past year, the brand has awarded more than 100 franchise agreements and opened its 250th studio in Parker, CO. To celebrate the 250th location, the Parker location will gift ten memberships worth $250 to its guests at random throughout its grand opening week.
“We are thrilled to see the passion and interest for boutique cycling surge across the country, especially after the pandemic,” said Trevor Lucas, president of CycleBar.
“We are confident CycleBar will continue to lead in the space and change lives with so many talented and passionate entrepreneurs developing studios and bringing CycleBar’s signature experience to their local communities over the coming years.”
The pandemic saw many people’s gyms shut down and fitness routines disrupted, and turned to brands like CycleBar to satisfy that need. During this period, the brand managed to open in Maynard, MA; Fairview, TX; Houston, TX; Waterford, CT; Grand Rapids, MI; Midlothian, VA; and O’Fallon, MO.
The brand is looking forward to the signing of new deals as well as opening in the following locations: Palm Springs, CA; San Jose, CA; and Monroe, CT among others.