With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. I instruct franchise owners to do the same. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Dec 29, 2022 06:06pm. Individual Unit Costs Initial Investment: $283,300-$452,800 Initial Franchise Fee: N/A Royalty Fee: N/A Advertising Fee: N/A Click here to compare with franchises similar to Xponential Fitness Xponential Fitness Franchise Growth History Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . Founded in 2017 by Anthony Geisler, Xponential Fitness has built and curated a diversified platform of nine boutique fitness brands spanning across fitness and wellness verticals -. Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. And it all started with one idea. Assets: Current Assets: Cash, cash equivalents and restricted cash $ 15,750 $ 21,320 Accounts receivable, net 15,865 11,702 Inventories 9,217 6,928 Prepaid expenses and other current assets It will either work out well or it will become a learning experience. Apply Now By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts. These are the skills we aim to develop because thats what it truly means to be a fighter. The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. Expert & ExtensiveSupport. The company offers XPASS, a fitness pass that allows members to attend classes across the company's nine brands, and gets "consumers who like to snack around within boutique fitness" to stick around, he says. Markets never sleep, and neither does Bloomberg. Xponential Fitness Inc. is partnering with Fitness International LLC to open Xponential brands' studios, such as Club Pilates and Pure Barre, at LA Fitness and . Xponential Fitness, Inc. 17877 Von Karman Ave Suite 100 Irvine, CA 92614 T: 949-346-3000 Investor Relations Addo Investor Relations T: 310-829-5400 investor@xponential.com Transfer Agent Computershare T: 781-575-2725 or 800-952-9245 (TDD) - press 0 and # to be directed to customer service https://www.computershare.com XPONENTIAL FITNESS, INC. (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) 98422X101 (CUSIP Number) Anthony Geisler 6789 Quail Hill Parkway #408. Through its mission to make boutique fitness accessible to everyone, the Company operates a . It wasnt until 2001, however, that Anthony would develop an interest in fitness and franchising, when he began training at LA Boxing, a boutique boxing gym in Costa Mesa. IRVINE, Calif., September 12, 2022 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, today announced an exclusive. IRVINE, Calif., February 27, 2023 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands . lululemon x MIRROR. Our newsletter and website cover emerging fitness technology, brick and mortar gyms, wellness trends, new fitness formats and the industrys economic outlook. ", I wasn't motivated with my workouts before now. But there are signs that recovery is on the horizon, as in-person fitness is far from dead, says Simeon Siegel, managing director at BMO Capital Markets. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. Founder, Director and Chief Executive Officer. Junk has served as our Chief Operating Officer since May 2021, and prior to that, served as our Chief Strategy Officer and President for CycleBar since November 2017. When Anna Kaiser sold her dance-based fitness concept called AKT, which stands for Anna Kaiser Technique and is popular with celebrity clients like Shakira and Kelly Ripa, to Xponential Fitness in March 2018, both seller and buyer had glowing words for the other. His mother owned a cleaning business and he saw up close the minutiae of business ownership: distributing flyers, collecting calls, giving estimates, and the actual cleaning of the homes. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. Xponential earlier offered 13.3 million shares for $14 to $16. In addition to Club Pilates, he has brought 9 other brands onto the platform since, creating the largest boutique fitness franchise company in the world, with over 2,000 global locations. On this week's episode of IDEA GENERATION, Scooter Braun takes us on a journey from his days as a college dropout and party promoter in Atlanta, to becoming one of the most successful music executives on the planet. Hes focused on the here and now. Founded in 2017 in Melbourne, Australia by fitness industry veteran Cameron Falloon, BFT offers a community-based 50-minute functional training and strength-based program across 13 workouts. If one of my employees kids has a recital, then they can just go to it. Ten exceptional brands, 2,100+ studios, one pass. Transform your body, your mind, and your life with Body Fit Training. This latest purchase comes after a March 2021 acquisition of Rumble, a boxing studio business that signed a franchise agreement in Australia this year, anticipating 100 studios opening in the future. Xponential Fitness. IRVINE, Calif.-- (BUSINESS WIRE)-- Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Company"), the largest global franchisor of boutique fitness brands, today reported financial results for the third quarter ended September 30, 2022. Xponential Fitness Inc., the franchise owner of boutique fitness brands including Club Pilates and CycleBar, downsized its initial public offering and priced it below a marketed range to raise . The IPO helps cap off a busy week for. Ive been doing this for 18 years now with most of the same people who originally started with me.. Comprehensive training and extensive ongoing support is pivotal for your success as a Rumble Franchise Owner. The largest global franchiser of boutique fitness brands continues to grow exponentially. Why? Mr. Hagopian has served as our Chief Legal Officer since March 2023. The brand is truly best-in-class, and it has created a following of enthusiasts that is unmatched anywhere in the boutique fitness space," said Anthony Geisler, owner and CEO of Xponential Fitness. With decades of fitness and franchising experience across our team, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise owners. Musks TeslaMaster Plan Lacks Drive. degree from USC Marshall School of Business, and a J.D. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. From his time as manager of Justin Bieber and Asher Roth, to his part in acquiring Big Machine Records, to selling his own company for $1 billion, Braun has built one of the most impressive resumes in music. For $19 to $249 a month, subscribers can work out at 2,000+ US locations. Live market coverage co-anchored from Hong Kong and New York. Last name. A rapidly growing disruptor in the fitness industry, Xponential Fitness was ranked in Fast Company's annual list of the World's Most Innovative Companies for 2019 within the wellness category.Offering a diversified portfolio of specialized fitness concepts in eight unique verticals, Xponential Fitness has sold over 2,600 studio locations across the globe and recently signed a Master . As with many fitness brands, the pandemic took its toll on Xponential. They worked hard.. Recognizing the potential of boutique fitness clubs, Geisler founded Xponential in 2017, making Club Pilates the companys first brand. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. The industry is expected to grow from $8.8 billion in 2020 to $26.2 billion by 2025. I think what makes boutique fitness so special is exactly the in-person energy, the ability to leave your house, the ability to go and see similar people.. regional and company-wide meetings and trainings as needed * Work closely with Studio Owner, District General Manager and National Sales Director to ensure health and profitability of . Our expert team will guide you through the entire process, from site selection to lease execution, to find the ideal site for your Rumble studio. is set to give its latest quarterly earnings report on Thursday, 2023-03-02. I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. Track your investments 24 hours a day, around the clock from around the world. Figuring out the magic formula is something that we spent a lot of time on wanting to perfect before we chose the next big chapter: going public.. Enjoy a low-cost entry, a recurring revenue model, strong EBITDA margins, and the confidence in our team that has decades of experience in fitness franchising. Xponential Fitness 5M share Spot Secondary . 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Xponential Fitness is the largest global franchise group of boutique fitness brands across a variety of verticals including Pilates, barre, cycling, rowing, dance, yoga, running, boxing, functional training, and stretching. Xponential is betting it can have success internationally and operates outside the U.S. in a master-franchise model in markets like Japan and Australia. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. IRVINE, Calif.-- (BUSINESS WIRE)-- Xponential Fitness, Inc. (NYSE: XPOF) (the "Company," "Xponential Fitness" or "we"), the largest global franchisor of boutique fitness brands, today announced that the underwriters of its previously completed secondary offering of Class A common stock have fully exercised their option to purchase an additional In 2015, Mr. Geisler purchased Club Pilates, which at the time had about 30 locations. Keep pulse with the latest in fitness news. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. Musks TeslaMaster Plan Lacks Drive. Growing up, he was acutely aware of the disadvantage some other children his age experienced in not having the influence of a solid family unit. On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . Xponential Fitness Inc (NYSE:XPOF) has priced the underwritten public offering of 5 million shares by certain of its existing stockholders, affiliates of Snapdragon Capital Partners and Anthony . Xponential Fitness price target raised to $31 from $29 at Citi February 15, 2023TipRanks. The classes are broken up into manageable intervals, but don't get me wrong - you WILL work. Live market coverage co-anchored from Hong Kong and New York. Founded in 2017 and headquartered in Irvine, California , Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. Along with Body Fit Training, Xponential Fitness has a distinguished portfolio that includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix, Pure Barre, STRIDE and Rumble. Xponential has a demonstrated history of seamlessly integrating brands, and this acquisition expands our portfolio of boutique fitness offerings to include a functional strength and HIIT (high intensity interval training) based product that is complementary to our existing modalities. General Managers are responsible for meeting studio sales goals, membership renewals and ancillary service goals by pre-planning with strategic new customer outreach, in-club leads (first time riders) and securing member referrals. We dont have forms and committees. Xponential Fitness LLC, the franchise owner of boutique fitness brands including Club Pilates and CycleBar, is planning a U.S. initial public offering, according to people with knowledge of. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. The Irvine, California-based company sold 10 million shares on Thursday for $12 each, according to a statement. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. May 2021 - Present1 year 10 months. 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So, we try to facilitate that balance for them.. Through its mission to make boutique fitness accessible to everyone, the Company operates a diversified platform of ten brands spanning across verticals including Pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training and yoga. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. Despite a trying time for many companies due to COVID, Body Fit Training performed well during the challenging period. On this week's episode of IDEA GENERATION, Scooter Braun takes us on a journey from his days as a college dropout and party promoter in Atlanta, to becoming one of the most successful music executives on the planet. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. IRVINE, Calif.-- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or "the Company"), a curator of leading boutique fitness brands, announced that effective today it. The flexologists taught me what movements to do and when to do them!. Why? "The addition of Pure Barre to our already robust portfolio of brands enhances our company and establishes Xponential as the number one curator . Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . Welcome to the worlds best studio workouts, on demand. At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. from University of Southern California. Pure Barre is more than just a barre workout; it's a lifestyle. Xponential intends to raise a total of $120 million from the IPO. Xponential Fitness is set to open boutique studios inside LA Fitness and City Sports Club locations, with a minimum commitment of 350 franchise locations over five years. We believe extensive training drives your success - from lease negotiation to build out, recruitment to finance, and sales & marketing, youll be supported every step of your journey! Experience a deeper stretch than you could ever get on your own. Ms. Luna also worked at Pilates by Sarah Luna, a Pilates concept she had founded. Now with a proven record in franchising boutique exercise brands, Anthony bought Club Pilates in 2015, eventually creating Xponential Fitness with the intention to curate leading boutique fitness brands across the US. With many of our brands ranked in industry growth awards like Entrepreneur Magazine's Fastest Growing Franchise, Franchise 500 and the Inc 5,000 list, our brands continue to lead in the boutique fitness space. Survival. Im not here to run each of these brands, because theres just no way I could be CEO of eight brands and run all the day-to-day operations, too.. Yoga is a personal practice but at YogaSix we believe it's shared together with a community that uplifts each other and supports progression, both on and off the mat. CycleBar, you have changed my world and I don't think I will ever give you up., Each instructor brings their own knowledge, energy, and experience which creates refreshing, new, and fun workouts every time., Even though I stretch often, I realized that I don't know much! Immediately prior to joining Xponential, Mr. Hagopian served as General Counsel of Newlight Technologies, Inc., a biotechnology and manufacturing start-up. in Performance Dance and Biological Sciences from University of California, Irvine and an M.B.A. from Chapman University, The George L. Argyros School of Business and Economics, where she was recognized with Beta Gamma Sigma Honors. Our system-wide sales exceed pre-Covid levels. Get Started Thousands of classes from the best brands in boutique fitness. COPYRIGHT BRAND SOCIETY, LLC DBA ATHLETECH NEWS 2022, ALL RIGHTS RESERVED, Dry Scooping A Dangerous Fitness Trend Among Teens, FitOn Announces $40M in New Funding & Acquisition of Peerfit, Q&A with Shayan Azizbaeigi, SVP Product, Fitness & Wellbeing, Xplor Technologies: How Technology is Changing the Boutique Fitness Landscape, Startling Stat: PureGym Reveals 1 in 4 in the U.K. Feel Mentally, Physically, and Socially Unwell, Fhitting Room Expands, Celebrates 10-Year Anniversary, Minority Gym Report: Retro Fitness Targets Communities of Color with Project LIFT. Musks TeslaMaster Plan Lacks Drive. STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. Creating a strong foundation for movement with a range of class offerings that challenge your mind as well as your body, Club Pilates provides a path to a more fulfilling life. The minute you sign your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads. XPOF -1.91% + Free Alerts. Xponential Fitness Inc., the franchise owner of boutique fitness brands including Club Pilates and CycleBar, filed for a U.S. initial public offering after delaying its listing plans when. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. With decades of fitness and franchising experience, Xponential Fitness is the largest boutique fitness franchisor with the resources, network, playbook, and platform in place available to help support and grow our franchise owners every step of the way. Through its mission to make boutique fitness accessible to everyone, the Company operates a . I treat the brand presidents as entrepreneurs., Either way, it will be good for them. Anthony sees himself as a source of support, mentorship and advice to the presidents, and not a dictator. At home or on the go, your favorite workout is always one click away. And it all started with one idea. Ms. Luna has served as our President since January 2021, and, prior to that, held various roles at our brands since 2015, including President of Pure Barre, and Senior Vice President of Operations and National Sales Director at Club Pilates. Under the management of a Franchise Owner and with the support of a CycleBar . Mr. Hagopian received a B.S. Obviously, people need to do their jobs, but were not micromanaging. Housing such brand names as Pure Barre, Club Pilates, Row House and CycleBar, Xponential Fitness is worth hundreds of millions today, with international expansion planned for the UK, Japan, Australia and Mexico. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. And a Car. The company was founded by Anthony Geisler, the former CEO of LA Boxing who bought Club Pilatesa small collection of boutique Reformer Pilates studios that has since grown to 900 licensed locationsin early 2015. It wasnt glamorous work, Anthony tells The CEO Magazine. Answer: Xponential Fitness. Confident in . The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. . "It wasn't glamorous work," Anthony tells The CEO Magazine. We'll guide you through the entire opening process, from site selection, lease negotiation, and construction, to recruiting your studio staff and activating your membership sales process, and marketing your studio. The CEO Magazine is more than a business title; its a source of information, inspiration and motivation for the worlds most successful leaders, executives, investors and entrepreneurs. "Then it's, do you want to be partners with these people." From his time as manager of Justin Bieber and Asher Roth, to his part in acquiring Big Machine Records, to selling his own company for $1 billion, Braun has built one of the most impressive resumes in music. Anthony Geisler, CEO and Founder of Xponential Fitness His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. Row House is part of the Xponential Fitness family of brands, the curator of the best fitness & wellness brands aross every vertical of boutique fitness. Markets never sleep, and neither does Bloomberg. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. About Xponential Fitness, Inc. Mr. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and conditioning. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. In partnership with its franchisees, Xponential offers energetic, accessible, and personalized workout experiences led by highly qualified instructors in studio locations across 48 U.S. states and Canada, and through master franchise or international expansion agreements in 12 additional countries. Thats the business were in, though, he says. 'Y':'N') +'&jv='+(navigator.javaEnabled()? Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Worked in the broadcasting media industry since 2007 and has freelanced since 2012 are skills! Away fat subscribers can work out at 2,000+ US locations the clock from around the from... 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Acquired boxing franchise Rumble in March on entrepreneurs 2023 franchise 500, xponential plans to grow the company in broadcasting! And StretchLab fitness classes are broken up into manageable intervals, but do n't get me wrong you.
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