A fitness class held outside a CycleBar in Culver City, California. 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 Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. 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. 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. IRVINE, Calif., September 12, 2022 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, today announced an exclusive. About Xponential Fitness, Inc. 'Y':'N') +'&jv='+(navigator.javaEnabled()? Overnight on Wall Street is daytime in Asia. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. Here's what investors need to know before the announcement. Xponential is the largest boutique fitness franchisor in the U.S. with more than 1,750 studios. 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. And a Car. 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. Discover the community-based, engaging, small group class experience all 10 of our brands offer. Our consumers came right back to the studio [post-Covid], Meloun says. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. If one of my employees kids has a recital, then they can just go to it. 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. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. Mr. 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. We'll guide you through the entire buildout process from approved layout and general construction, to interior design, music and technology. As with many fitness brands, the pandemic took its toll on Xponential. The minute you sign your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads. Xponential Fitness falls -12.4% February 8, 2023TipRanks. Total revenue was $106.6 million last year, down 17.4%. She studied yoga & meditation under Beryl Bender Birch at The Hard & The Soft Yoga Institute. In 2020, the company received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown. They worked hard.. Live market coverage co-anchored from Hong Kong and New York. It wasnt glamorous work, Anthony tells The CEO Magazine. Expert & ExtensiveSupport. Im just excited to have what I have and live a life that I love.. His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. What Could Elon Musk Possibly Be Thinking? 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. . articles a month for anyone to read, even non-subscribers! 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 . Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. 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. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. While studios temporarily closed, Meloun says all of their locations are now back open. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. 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. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. I believe that if people dont have that time with their family, then they probably arent focused on whats going on at work. Financial Performance* Collaborate with Studio Owner to set monthly, weekly, and daily targets; 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. 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. According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. 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. 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. Xponential Fitness also has an organizational chart that includes key individuals to help expedite the purchase of each brand. Xponential Fitness is in talks to go public again. 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. 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. 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. And a Car. 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. Elevate your corporate wellness program with a boutique benefit. Irvine, California, United States. 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. Shares of Xponential Fitness, the Irvine, California-based franchise owner of fitness brands like Club Pilates and CycleBar, debuted on the New York Stock Exchange on Friday at $12, downsizing its IPO price of $14 to $16 a share. He franchised the brand and built it into the largest boxing, kickboxing, and mixed martial arts fitness franchise in the country. 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! 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. Mr. Meloun has served as our Chief Financial Officer since July 2018. And a Car. Musks TeslaMaster Plan Lacks Drive. This assumes that revenue will grow in the mid-teens until 2026e, EBITDA margins will . "It was hard, manual, laborious work. Transform your body, your mind, and your life with Body Fit Training. (Podcast). "Then it's, do you want to be partners with these people." Thats what Xponential Fitness CEO Anthony Geisler says motivated him to start his own business. Im amazed by the kind of executives who work on 10-year business plans. A hundred and fifty Body Fit Training studios are slated to open within the next year. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . 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.. 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. We all need courage, determination, focus, and stamina. 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. 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.. 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. Xponential intends to raise a total of $120 million from the IPO. Ms. Luna holds a B.F.A. Get Started Thousands of classes from the best brands in boutique fitness. Xponential earlier offered 13.3 million shares for $14 to $16. 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. 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. Apply to Franchise > Our Brands View All > The Experiences IN-STUDIO 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. 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 -. 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. Markets never sleep, and neither does Bloomberg. 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 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. 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 Brands View All > BY THE NUMBERS 10 Their work ethic and devotion to the family was inspiring for Anthony. The industry is expected to grow from $8.8 billion in 2020 to $26.2 billion by 2025. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. Request more information on bringing the Rumble experience in your community. 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. For $19 to $249 a month, subscribers can work out at 2,000+ US locations. At home or on the go, your favorite workout is always one click away. 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. 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. 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. Answer: 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. 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. '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. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. Xponential Fitness. 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. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. With daily live classes and a global community streaming alongside you, you'll never train alone. . Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. from Georgetown University Law Center. All financial figures included in this release refer to global numbers, unless otherwise noted. 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? Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. is set to give its latest quarterly earnings report on Thursday, 2023-03-02. 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. 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. 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. 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. The IPO helps cap off a busy week for. Live market coverage co-anchored from Hong Kong and New York. Mr. 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. 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. She enjoys hiking, being outdoors, and is an avid reader. Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. Keep pulse with the latest in fitness news. Through its mission to make boutique fitness accessible to everyone, the Company operates a . Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. Last name. So, we try to facilitate that balance for them.. The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. Chief Operating Officer. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. Later in 2017, Mr. Geisler created Xponential Fitness, with the vision of integrating leading boutique fitness brands across all fitness verticals on one platform. 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 . 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 IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. 'Y':'N') +'&jv='+(navigator.javaEnabled()? From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Our content creates conversations, our voice is the one that matters. Xponential Fitness price target raised to $31 from $29 at Citi February 15, 2023TipRanks. Bibendum mauris in id sagittis aenean. 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. Xponential Fitness (NYSE:XPOF), parent of gym chains like Club Pilates and Pure Barre, plans an IPO backed by Michael Dell and reportedly valuing the firm at some $1.3 billion. Ten exceptional brands, 2,100+ studios, one pass. 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. He started his career in fitness management at Fitness USA and 24 Hour Fitness. 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 XPLUS. 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! lululemon x MIRROR. May 2021 - Present1 year 10 months. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . In addition, Mr. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. In talks to go public again to make certain decisions that i may or not. 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