SoulCycle is highly profitable. Studio revenue has increased year over year, paid rides are up, total rides are up, and our active ridership has not decreased. We're also seeing an increase in the number of classes our active riders take each month,” a spokesperson told Recode.Jan 11, 2019
How much does a SoulCycle instructor make a year?
SoulCycle Salary FAQs The average salary for an Instructor is $60,210 per year in United States, which is 28% lower than the average SoulCycle salary of $84,683 per year for this job.Sep 22, 2021
Who is SoulCycle owned by?
Equinox Group
Are cycle studios profitable?
Based on research from the Association of Fitness Studios (AFS) 2016 Marketing Best Practices Research Report, indoor cycling studios generate 55% more revenue than other types of fitness studios. What's key about this percentage, is what it's not. It's not profitability.