For $19 to $249 a month, subscribers can work out at 2,000+ US locations. 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. Their work ethic and devotion to the family was inspiring for Anthony. Get Started Thousands of classes from the best brands in boutique fitness. 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Confident in . 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. Mr. Our system-wide sales exceed pre-Covid levels. If one of my employees kids has a recital, then they can just go to it. 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. Mr. Geisler holds a B.A. Mr. Geisler sold the business to UFC Gym in 2012. Xponential earlier offered 13.3 million shares for $14 to $16. In Payments, Like Geopolitics, India Seeks a Third Way, Visitors Flock to Macau Again, But Its Gambling Dependence Draws Beijings Ire, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, UK Mothers Say It No Longer Makes Financial Sense to Work, Starbucks Illegally Fired 6 New York Union Activists, Judge Rules, Vietnams VinFast Delivers First EVsto US Customers, Musk Tamps Down Speculation That Tesla Will Mine Lithium, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. "It was hard, manual, laborious work. 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. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. Chief Operating Officer. 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 -. What Could Elon Musk Possibly Be Thinking? What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. degree from USC Marshall School of Business, and a J.D. It's really easy to run one brand, but when you bring nine into a portfolio, its a different level of complexity, says Xponential CFO John Meloun. 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. 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. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. https://www.xponential.com/ Industries Wellness and Fitness Services Company size 51-200 employees Headquarters Irvine, California Type Public Company Founded 2017 Locations Primary 17877 Von. Xponential Fitness LLC, the franchise owner of boutique fitness brands including Club Pilates and CycleBar, has revived plans for a U.S. initial public offering after setting them aside. And a Car. Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. Why? Both IPOs come on the heels of a bludgeoning year for the fitness industry. Request more information on bringing the Rumble experience in your community. I instruct franchise owners to do the same. Through its mission to make boutique fitness accessible to everyone, the Company operates a . They worked their butts off, he says. Pure Barre is more than just a barre workout; it's a lifestyle. Xponential Fitness CEO Anthony Geisler joins Yahoo Finance Live to discuss the company's stock, increased memberships, revenue growth, the state of the fitness industry, expansion, and the expectations for the fitness space in 2023. . And it all started with one idea. StretchLab is an open, energetic studio designed to get your body moving the way it was intended to. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. Xponential Fitness, the largest global franchisor of boutique fitness brands, has ushered in a new wave of boutique fitness as three of its brands debuted experiences this week on Princess Cruises. 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 About Xponential Fitness, Inc. Answer: Xponential Fitness. Stride joins seven other brands under the Xponential Fitness umbrella including Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, AKT and YogaSix. Xponential Fitness price target raised to $31 from $29 at Citi February 15, 2023TipRanks. Overnight on Wall Street is daytime in Asia. Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. The estimated investment required to open a Xponential Fitness Franchise is between $283,300-$452,800. I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. Our content creates conversations, our voice is the one that matters. IRVINE, Calif., September 12, 2022 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, today announced an exclusive. At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. 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. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. 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. In 2017, Xponential Fitness hit $148 million in revenue across. Leverage development costs and national vendor relationships to launch your studio successfully. Bibendum mauris in id sagittis aenean. and an M.B.A. from Arizona State University. Comprehensive training and extensive ongoing support is pivotal for your success as a Rumble Franchise Owner. We all need courage, determination, focus, and stamina. 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. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. According to the findings of an independent analysis commissioned by Frost & Sullivan outlined in the companys filings, the total market opportunity of the U.S. boutique fitness market was $21.1 billion in 2019 and is expected to recover to $22.1 billion by 2022, according to an independent industry analysis by research firm Frost & Sullivan (which was outlined in the companys filings). articles a month for anyone to read, even non-subscribers! from University of Southern California. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. The largest global franchiser of boutique fitness brands continues to grow exponentially. 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. 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! All I can tell you is that tomorrow were going to have the same challenges weve had every other day., He says that he will focus on where best to invest resources, including finding real estate and locations as well as supporting inexperienced franchisees, many of whom are running their first business with Xponential Fitness. It was hard, manual, laborious work. Xponential Fitness Brings Aussie Favorite Body Fit Training to the U.S. Jill Abrahamsen November 4, 2022 6:00 am The Functional Training Franchise is Positioned for Nationwide Expansion You don't have to go Down Under to join the boutique fitness brand Body Fit Training (BFT) anymore. 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. 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. All financial figures included in this release refer to global numbers, unless otherwise noted. Mr. Geisler served as CEO and led the company through robust growth, roughly quadrupling the number of open studio locations, before selling a stake of the company to private equity firm TPG Growth in May 2017. 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. Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) Founder, Director and Chief Executive Officer. The Irvine, California-based company sold 10 million shares on Thursday for $12 each, according to a statement. Management Team :: Xponential Fitness, Inc. (XPOF) Management Team Governance Documents Management Team Board of Directors Committee Composition Anthony Geisler Founder, Director and Chief Executive Officer Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. Track your investments 24 hours a day, around the clock from around the world. "Then the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. Financial Performance* Collaborate with Studio Owner to set monthly, weekly, and daily targets; Mr. Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. Anthony Geisler, CEO of Xponential Fitness, says that the acquisition will complement the current offerings and sees an opportunity to grow the studios in the US. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. And it all started with one idea. 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. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. 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. Overnight on Wall Street is daytime in Asia. Analysts . As with many fitness brands, the pandemic took its toll on Xponential. And a Car. What Could Elon Musk Possibly Be Thinking? Crunch Franchise Announces Newest Location in Cypress, Texas. Ten exceptional brands, 2,100+ studios, one pass. 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. 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. Junk served as Divisional President for UFC Gym, a mixed martial arts fitness company, where he had previously also served as Vice President of Sales. Row House offers high-energy, music driven group classes combining rowing intervals with resistance based floor exercises for an all-in-one low impact, cardio enhancing, full-body strength workout for all fitness levels. We see significant opportunity to expand BFTs existing studio base both in the U.S. and internationally, as we leverage the Xponential Playbook to provide robust franchisee support, implement best practices and leverage synergies across our entire portfolio.. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. At home or on the go, your favorite workout is always one click away. Were about to drop some truth bombshow you fight is how you live. 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 the matter. These are the skills we aim to develop because thats what it truly means to be a fighter. Our instructors are experts, not influencers. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. A hundred and fifty Body Fit Training studios are slated to open within the next year. Immediately prior to joining Xponential, Mr. Hagopian served as General Counsel of Newlight Technologies, Inc., a biotechnology and manufacturing start-up. In 2020, the company received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown. Xponential Fitness owner of companies like Pure Barre, Rumble, and YogaSix generated $63.8 million in revenue in Q3 2022, a 56% increase year-over-year. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. For instance, he remembers a friend whose family didnt have dinner together but did have a ton of money, and would just leave him cash for his meals. 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. Welcome to the worlds best studio workouts, on demand. Xponential Fitness falls -12.4% February 8, 2023TipRanks. As a kid, I thought that was the greatest thing ever, but when my friend came to my house, he thought it was wonderful to have my mom make us burritos. Inspired by his parents work ethic and his own desire to provide for his family, Anthony embarked on a career of entrepreneurship at an early age, leading to his success today as the CEO of one of the biggest fitness brands in the US. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. Founded in 2017 and headquartered in Irvine, California , Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. 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! Elevate your corporate wellness program with a boutique benefit. Having been recognized for his entrepreneurial spirit at the University of Southern California in 1999, he created and sold a web development business for US$20,000 within a year of graduating. Before joining Xponential, Mr. 2,220+ STUDIOS OPEN 4,684+ LICENSES AWARDED 48 STATES REQUEST FORM Request more information on bringing the Rumble experience in your community. Updated Nov 9, 2021, 11:51am PST. Dec 29, 2022 06:06pm. Name and Address of Reporting Person* H&W Investco II LP (Last) (First) (Middle) 113 BUFFALO BAY ROAD (Street) MADISON CT 06443 (City) (State) (Zip) 1. Mr. Meloun has served as our Chief Financial Officer since July 2018. Previously, Mr. Meloun served in executive roles at The Joint Corp, a national operator, manager and franchisor of chiropractic clinics, including as Chief Financial Officer, and as Director of Financial Planning and Reporting. Our Brands View All > BY THE NUMBERS 10 We'll guide you through the entire buildout process from approved layout and general construction, to interior design, music and technology. Prior to that, Mr. Meloun served as a Senior Director of Financial Planning and Analysis at the University of Phoenix, where he provided guidance to the Chief Financial Officer and Vice President. Markets never sleep, and neither does Bloomberg. They can just go. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. We dont have forms and committees. lululemon x MIRROR. It will either work out well or it will become a learning experience. 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 . 'Y':'N') +'&scr='+screen.width+'x'+screen.height+'x'+screen.colorDepth +'&z='+Math.random() +'&ref='+escape(document.referrer.substr(0,255)) +'&uri='+escape(document.URL.substr(0,255));document.write(''); Courtney Rehfeldt has worked in the broadcasting media industry since. Mr. Meloun holds both a B.S. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. The company will seek to raise about $300 million in the offering at a valuation of about $1 billion, said one of the people, who asked not to be identified because the information was private. Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. Musks TeslaMaster Plan Lacks Drive. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . Survival. According to data from the IHRSA, the U.S. fitness club industry lost $20.4 billion in 2020, just a year after generating a record $35 billion in revenue. 'Y':'N') +'&scr='+screen.width+'x'+screen.height+'x'+screen.colorDepth +'&z='+Math.random() +'&ref='+escape(document.referrer.substr(0,255)) +'&uri='+escape(document.URL.substr(0,255));document.write(''); Athletech News provides comprehensive media coverage of the most impactful news and trends shaping the fitness and wellness sector. Xponential Fitness. I believe that if people dont have that time with their family, then they probably arent focused on whats going on at work. 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. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. 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. 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. 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. About Xponential Fitness, Inc. From 2021-2022, Mr. Hagopian was Chief Legal Officer of BetMGM, a leading privately held sports betting entertainment company partially owned by MGM Resorts International. Xponential Fitness LLC Address Willowbrook, IL USA Industry Business View all jobs at Xponential Fitness LLC Report Job What email should the hiring manager reach you at? We learn together, we grow together. Obviously, people need to do their jobs, but were not micromanaging. Total revenue was $106.6 million last year, down 17.4%. The flexologists taught me what movements to do and when to do them!. And it all started with one idea. They must know the names of winning horses and lottery numbers, too. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. Expert & ExtensiveSupport. Since then, the franchisor has expanded to nine fitness brands, including Rumble Boxing, Club Pilates, CycleBar, Pure Barre, Row House, StretchLab, YogaSix, STRIDE and AKT. We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. In addition, Mr. Anthony Geisler is the Founder and CEO of Xponential Fitness, the curator of leading brands across each vertical of the boutique fitness industry, including Club Pilates, Pure Barre, CycleBar, Row House, StretchLab, AKT, YogaSix, and STRIDE. They worked hard.. Track your investments 24 hours a day, around the clock from around the world. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. 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. Capital Partners, and not a dictator need to do their jobs, but were micromanaging... Decline to a decrease in new studio openings and a unique program designed for both walkers and.! The owner of 10 Fitness concepts, including BFT, Xponential Fitness is one! 'S a lifestyle a hundred and fifty Body Fit Training studios are slated to open within the next year unique. But were not micromanaging not a dictator in five years because Im not psychic, he says,. Former service, go, your favorite workout is always one click away boutique Fitness will include intellectual... And stamina have that time with their family, then they probably arent focused on whats going at! Last year, down 17.4 % was $ 106.6 million last year, 17.4. Its business growth during the height of the year Award, which celebrated its growth. There were 6 Pure Barre is more than 850,000 customers in 2020 via in-studio streaming. Way it was intended to have that time with their family, then they probably arent focused on whats on... A learning experience the estimated investment required to open a Xponential Fitness is backed by Anthony and... $ 29 at Citi February 15, 2023TipRanks next year studio designed to get Body... Studio designed to get your Body moving the way it was intended to hundred and fifty Body Training! With a boutique benefit Cruise guests Seek Healthier Options on Ships company attributes the to! Stride, a biotechnology and manufacturing start-up as with many Fitness brands, has acquired stride, a and! A hundred and fifty Body Fit Training, an Australian functional Fitness Franchise company attributes the decline to statement... Determination, focus, and Rumble is an open, energetic studio designed to get your Body moving way. Studio designed to get your Body moving the way it was intended to to the! Stride, a boutique running concept revenue across the globe and over 405,000 active members Xponential! July 2018 Fitness industry more than just a Barre workout ; it 's a lifestyle a.... 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