CycleBar’s first Queensland franchisees signed up

By Sarah Stowe | 10 Mar 2021 View comments

CycleBar’s first Queensland franchisees have signed up. George and Nadia Economous will open the Carindale outlet for the premium indoor cycling business.

Having worked as a nutritional coach and beauty therapist, Nadia says the franchise licence is an opportunity for the couple to bring together their values and skills, which is important for these parents of four sons.

Nadia says “My background is in nutritional coaching and beauty therapy, whilst George has spent the last 25 years working across various IT roles. It was important for our next venture to be local and health-focused. CycleBar blends physical fitness with community connections, a combination we strongly believe is key to overall well-being.”

CycleBar offers an energising community culture with studios featuring concierge-level customer service, state-of-the-art studios, motivational instructors who are part coach/part DJ, high-energy playlists, and deep-dive rider-specific performance metrics.

“George is very enthusiastic about the deep-dive rider metrics,” says Nadia. “Those keen to geek out on data will have a friend in him! I’m looking forward to people combining their riding with weight bars for an incredible, total-body workout.” 

With Covid-19 compliant practices in place, the studio will house up to 50 bikes for 1,000 members, and offer at least 30 low-impact, high-intensity 45-minute classes a week. 

Matt Gordin heads up Spin X Operations which holds CycleBar’s Australian licence. As the master franchisee, Spin X has a commitment to open a minimum of 45 studios.

Matt tells Inside Franchise Business “We are excited to have George and Nadia join us in opening our first CycleBar studio in Queensland. The interest from potential franchisees is enormous, we are in discussions with locations all over the country and likely to have CycleBar open in each of the five major cities (Perth, Brisbane, Sydney, Adelaide and Melbourne) by years end.”

Another five studios are set to open across New South Wales, Melbourne and Queensland by mid 2020.

Late last year the first Australian CycleBar opened in Currambine, Western Australia and the business signed a three-studio deal with a Sydney entrepreneur.



Founded in 2004 in the US, CycleBar is the largest indoor cycling brand worldwide. It offers various low-impact, high-intensity indoor cycling workouts, which are inclusive of all fitness levels.