degree from USC Marshall School of Business, and a J.D. 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. Mr. Xponential Fitness. Keep pulse with the latest in fitness news. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. He franchised the brand and built it into the largest boxing, kickboxing, and mixed martial arts fitness franchise in the country. 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. Mr. In addition, Mr. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. And a Car. Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. Mr. Geisler sold the business to UFC Gym in 2012. StretchLab is an open, energetic studio designed to get your body moving the way it was intended to. The Irvine, California-based company is planning a 2021 listing which may value it at about $1.3 billion, said the people, who asked not to be identified because the information is private. Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. Job posted 5 hours ago - Xponential Fitness LLC is hiring now for a Full-Time Boutique Fitness Sales Manager in Shrewsbury, NJ. They worked hard." "Then the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. 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. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. 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 $120 million. We'll guide you through the entire buildout process from approved layout and general construction, to interior design, music and technology. Chief Operating Officer. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. 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. . 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. Musks TeslaMaster Plan Lacks Drive. 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. ", I wasn't motivated with my workouts before now. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. Markets never sleep, and neither does Bloomberg. 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. 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. '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. The IPO helps cap off a busy week for. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. He started his career in fitness management at Fitness USA and 24 Hour Fitness. The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. And a Car. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. Mr. Hagopian has served as our Chief Legal Officer since March 2023. It wasnt glamorous work, Anthony tells The CEO Magazine. 2,220+ STUDIOS OPEN 4,684+ LICENSES AWARDED 48 STATES REQUEST FORM Request more information on bringing the Rumble experience in your community. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. Ms. Luna holds a B.F.A. 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. The estimated investment required to open a Xponential Fitness Franchise is between $283,300-$452,800. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. 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. 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. We learn together, we grow together. 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! Markets never sleep, and neither does Bloomberg. Through its mission to make boutique fitness accessible to everyone, the Company operates a . All financial figures included in this release refer to global numbers, unless otherwise noted. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. Pure Barre is more than just a barre workout; it's a lifestyle. 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. Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. 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. "It was hard, manual, laborious work. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? As with many fitness brands, the pandemic took its toll on Xponential. Earlier in his career, Mr. Meloun served as World Wide Financial Planning & Analysis Manager at Emerson Network Power, and, prior to that, Mr. Meloun held various roles at Motorola, most recently serving as Senior Marketing and Engineering Analyst. Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) 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. 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 . My model suggests a price target of ~$50.44 or ~160% upside in FY25 from today's share price of $19.47. Why? Analysts . Our consumers came right back to the studio [post-Covid], Meloun says. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. Request more information on bringing the Rumble experience in your community. Im amazed by the kind of executives who work on 10-year business plans. It was hard, manual, laborious work. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. 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. Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. 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. 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. Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. In Anthonys view, decentralizing leadership is the most effective way for brands to chart their own path in the business world. XPLUS. It will either work out well or it will become a learning experience. 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. Total revenue was $106.6 million last year, down 17.4%. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. 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. 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. 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. 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. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. 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 is the curator of the best brands across every vertical in the boutique fitness . General Manager Job Description. 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. A 45-minute, 10-round full-body boxing & strength workout crafted around specially designed water-filled, teardrop-style boxing bags, Rumble delivers serious results in a fun, high-energy setting. Under the management of a Franchise Owner and with the support of a CycleBar . articles a month for anyone to read, even non-subscribers! var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Xponential intends to raise a total of $120 million from the IPO. '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. 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. Were about to drop some truth bombshow you fight is how you live. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . Markets never sleep, and neither does Bloomberg. I instruct franchise owners to do the same. Junk studied Sports Medicine at Foothill College. lululemon x MIRROR. Why? 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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 (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 . His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. Irvine, California, United States. 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. 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. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. The company put talks of going public on the backburner when COVID-19 first hit. In 2020, the company received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown. Stride joins seven other brands under the Xponential Fitness umbrella including Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, AKT and YogaSix. STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. So, we try to facilitate that balance for them.. 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 . 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 For $19 to $249 a month, subscribers can work out at 2,000+ US locations. Overnight on Wall Street is daytime in Asia. XPOF -1.91% + Free Alerts. 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. You WILL sweat, and you WILL love it!., Never have I ever had this good of a workout, while having fun the entire time. Expert & ExtensiveSupport. Xponential Fitness price target raised to $31 from $29 at Citi February 15, 2023TipRanks. Xponential earlier offered 13.3 million shares for $14 to $16. (Podcast). He has dedicated most of his career to franchising Transform your body, your mind, and your life with Body Fit Training. Our instructors are experts, not influencers. 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 -. 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. 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. Our franchise model provides a completely scalable business, allowing you to determine your own success. 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. Financial Performance* Collaborate with Studio Owner to set monthly, weekly, and daily targets; 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. 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. Welcome to the worlds best studio workouts, on demand. Updated Nov 9, 2021, 11:51am PST. Anthony Geisler, CEO and Founder of Xponential Fitness. 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. 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. 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! . With daily live classes and a global community streaming alongside you, you'll never train alone. Of business, allowing you to determine your own success price target raised to $ 31 from 29. Barre is more than just a Barre workout ; it was hard, manual, laborious work busy week.... Anthonys view, decentralizing leadership is the largest boxing, kickboxing, a! 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