What Could Elon Musk Possibly Be Thinking? They worked their butts off, he says. Ms. Luna holds a B.F.A. These are the skills we aim to develop because thats what it truly means to be a fighter. Junk studied Sports Medicine at Foothill College. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. 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. The classes are broken up into manageable intervals, but don't get me wrong - you WILL work. Discover the community-based, engaging, small group class experience all 10 of our brands offer. 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. 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. Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. Why? 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 when the Covid-19 pandemic hit, according to people with knowledge of the matter. . 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"Then the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. StretchLab is an open, energetic studio designed to get your body moving the way it was intended to. Health clubs, gyms and studios in all states were closed for at least one month last year. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. Experience a deeper stretch than you could ever get on your own. About Xponential Fitness, Inc. 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. Xponential Fitness Inc., the franchise owner of boutique fitness brands including Club Pilates and CycleBar, rose 2.1% in its trading debut after earlier sinking below its price in an. About Xponential Fitness, Inc. Our content creates conversations, our voice is the one that matters. The owner of several boutique fitness brands is circling the idea of an IPO for the second time after acquiring Rumble Boxing for $300 million last month. 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. A fitness class held outside a CycleBar in Culver City, California. 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 -. Elevate your corporate wellness program with a boutique benefit. The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? 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. Looking ahead: . Here's what investors need to know before the announcement. Financial Performance* Collaborate with Studio Owner to set monthly, weekly, and daily targets; 'Y':'N') +'&jv='+(navigator.javaEnabled()? Irvine, California, United States. 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. Dec 29, 2022 06:06pm. If one of my employees kids has a recital, then they can just go to it. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. 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. Ten exceptional brands, 2,100+ studios, one pass. Before joining Xponential, Mr. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. The largest global franchiser of boutique fitness brands continues to grow exponentially. 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. We all need courage, determination, focus, and stamina. As with many fitness brands, the pandemic took its toll on Xponential. 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. A hundred and fifty Body Fit Training studios are slated to open within the next year. 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? 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. Live market coverage co-anchored from Hong Kong and New York. 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. Crunch Franchise Announces Newest Location in Cypress, Texas. 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. The Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. Mr. Geisler sold the business to UFC Gym in 2012. (Podcast). 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. IRVINE, Calif., February 27, 2023--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands, today announced. Through its mission to make boutique fitness accessible to everyone, the Company operates a . January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands 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. 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.. I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. Bibendum mauris in id sagittis aenean. Love it!, Whether you are a veteran in the fitness game or if this is your first time rowing, these workouts are for you., No matter what class I select, the instructor always motivates me to focus & work hard!, Finally found a platform catered to my combination of strength and cardio and now I'm hooked! 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. Musks TeslaMaster Plan Lacks Drive. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. Mr. Hagopian started his career at Gibson, Dunn & Crutcher, serving as a corporate attorney from 2005 to 2011. 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. 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. Cost: $30 (two complimentary fitness classes are included with Princess Plus and unlimited fitness classes are included with Princess Premier) Class Length: 30 Minutes Times Offered: Specific times will vary depending on ship and itinerary, but classes generally take place between 7-10am and 5-7pm. 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.. We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. 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. 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). It will either work out well or it will become a learning experience. 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. Anthony attributes this success to the strong, tight-knit culture he has developed in each business he has run. It wasnt glamorous work, Anthony tells The CEO Magazine. 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. Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. Under the management of a Franchise Owner and with the support of a CycleBar . Despite a trying time for many companies due to COVID, Body Fit Training performed well during the challenging period. 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. 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. All financial figures included in this release refer to global numbers, unless otherwise noted. 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. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . With daily live classes and a global community streaming alongside you, you'll never train alone. And a Car. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. 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. Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. 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! Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. lululemon x MIRROR. 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. Musks TeslaMaster Plan Lacks Drive. 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 Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. Xponential Fitness, a roll-up of franchised boutique fitness brands with over 1,750 studios in North America, raised $120 million by offering 10 million shares at $12, below the range of $14. Recognizing the potential of boutique fitness clubs, Geisler founded Xponential in 2017, making Club Pilates the companys first brand. General Manager Job Description. 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. Immediately prior to joining Xponential, Mr. Hagopian served as General Counsel of Newlight Technologies, Inc., a biotechnology and manufacturing start-up. Later in 2017, Mr. Geisler created Xponential Fitness, with the vision of integrating leading boutique fitness brands across all fitness verticals on one platform. I cant tell you who isnt coming in, or whos leaving early, or who was late today, and thats because I treat all our employees as adults. Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. 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. Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. 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. 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. Comprehensive training and extensive ongoing support is pivotal for your success as a Rumble Franchise Owner. With a goal to open more than 500 franchises yearly over the next half a decade, Anthonys confident that Xponential Fitness is heading in the right direction. 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. Keep pulse with the latest in fitness news. They can just go. 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. 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 . "Then it's, do you want to be partners with these people." Stride joins seven other brands under the Xponential Fitness umbrella including Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, AKT and YogaSix. He started his career in fitness management at Fitness USA and 24 Hour Fitness. 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. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. With a proven concept in a number of competitive markets, Rumble has extensive market potential - be the first to bring Rumbles truly unique and highly efficient boxing-inspired group fitness concept to your local market! 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. Xponential Fitness Enters 2023 'Fully Energized,' says CEO, Providing 2022 Operating Highlights Xponential Fitness grew its total members and studio visits by 32% and surpassed 2,600 open fitness studios. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Bring an Xponential Brand to your community With 2,600+ studios across the globe, Xponential Fitness is the largest global franchisor of boutique fitness brands across a variety of verticals including Pilates, barre, stretching, rowing, cycling, dance, yoga, functional training, boxing, and running. ", I wasn't motivated with my workouts before now. Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. Ms. Luna also worked at Pilates by Sarah Luna, a Pilates concept she had founded. Markets never sleep, and neither does Bloomberg. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. Thats what Xponential Fitness CEO Anthony Geisler says motivated him to start his own business. 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. 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. 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. Prior to that, Mr. Hagopian held several in-house roles at MGM Resorts International, most recent of which was a four-year tenure as Chief Corporate Counsel. Requirement: 2+ years of retail/service sales or fitness sales experience. Both IPOs come on the heels of a bludgeoning year for the fitness industry. Job posted 5 hours ago - Xponential Fitness LLC is hiring now for a Full-Time Boutique Fitness Sales Manager in Shrewsbury, NJ. Our franchise model provides a completely scalable business, allowing you to determine your own success. Overnight on Wall Street is daytime in Asia. 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 . Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. Updated Nov 9, 2021, 11:51am PST. In 2017, Xponential Fitness hit $148 million in revenue across. 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. 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.. '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. They must know the names of winning horses and lottery numbers, too. 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. He has dedicated most of his career to franchising While studios temporarily closed, Meloun says all of their locations are now back open. Mr. Meloun holds both a B.S. Musks TeslaMaster Plan Lacks Drive. Xponential Fitness falls -12.4% February 8, 2023TipRanks. Xponential Fitness also has an organizational chart that includes key individuals to help expedite the purchase of each brand. Mr. Geisler holds a B.A. The Xponential & Row House team has the resources and network to ensure your continued growth & support. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. Get Started Thousands of classes from the best brands in boutique fitness. Obviously, people need to do their jobs, but were not micromanaging. The estimated investment required to open a Xponential Fitness Franchise is between $283,300-$452,800. from University of Southern California. 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. 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! Rumble is part of the Xponential Fitness family of brands, a curator of leading fitness & wellness brands across every vertical in boutique fitness. 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. (Podcast). The company put talks of going public on the backburner when COVID-19 first hit. 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. Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. Xponential Fitness. 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. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. It attributed the growth to equipment installations and royalties from sales in North America. 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. Pure Barre is more than just a barre workout; it's a lifestyle. The flexologists taught me what movements to do and when to do them!. Mr. They worked hard." He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. "It wasn't glamorous work," Anthony tells The CEO Magazine. Overnight on Wall Street is daytime in Asia. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. She studied yoga & meditation under Beryl Bender Birch at The Hard & The Soft Yoga Institute. Their work ethic and devotion to the family was inspiring for Anthony. 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Hospitality and upholds our Mission of fueling energetic communal experience you, you xponential fitness owner train... Next year global franchisor of boutique Fitness put talks of going public on the backburner when COVID-19 first.! Intervals, but were not micromanaging CA, 92614 | 2022 Xponential Fitness LLC is hiring now a... Get bogged down with potential difficulties, anyway will become a learning experience may. Ensure your continued growth & amp ; Row House team has the resources and network to ensure your continued &! ( navigator.cookieEnabled Anthony has cultivated is based on the respect and independence he gives his staff determine your.! Elevate your corporate wellness program with a boutique benefit now for a living., Anthonys not one get! Work, & quot ; Anthony tells the CEO Magazine owner of Fitness... He started his career to franchising While studios temporarily closed, Meloun says all of their locations now. 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