Indoor cycling brand CycleBar, Cincinnati, announced that it is has signed more than 200 studios in 10 months in its inaugural year of franchise sales.
The company said it is on pace to reach its larger goal of having 100 studios open to riders by the end of 2016, a goal it announced in July 2015. CycleBar is preparing to break into more than 50 new markets in 2016 with a focus on helping new partners become engrained in their communities to engage local residents with the brand, according to a Feb. 2 media release from the company.
"One of the main reasons CycleBar is attracting a high number of quality franchisees is our ability to create an unparalleled energy that extends well beyond a workout class," CycleBar President Heather Harris said in a statement.