Multi-Unit Franchisee Magazine Issue IV, 2015 | Page 15

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C Y C L E B A R®

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P R E M I U M

I N D O O R

C Y C L I N G™

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* Includes Studios with signed Franchise Agreements and Studios committed to be developed under signed Development Agreements as of June 16, 2015.
** As disclosed in Item 19 of the CycleBar Franchise Disclosure Document (FDD) dated January 6, 2015. This figure reflects the actual EBITDA before royalties achieved during the period from January 1, 2014 to December 31,
2014 for a Studio in Wellesley, MA (61.61%) and in Royal Oak, MI (61.64%), which were the only two Studios that were in operation for the entire 12-month period.  Some units have achieved these results.  Your individual results
may differ.  There is no assurance that you’ll earn as much.  See the FDD dated January 6, 2015 for additional details.
This advertisement does not constitute a franchise offering which may be made only after your receipt of our Franchise Disclosure Document, which first must be filed with certain states. Contact CycleBar Franchising, LLC,
7720 Montgomery Road, Suite 200, Cincinnati, Ohio 45236 to request a copy of our FDD.
Copyright© 2015 CB IP, LLC. ALL RIGHTS RESERVED.

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