Highly recommend!, I travel a lot for work, and this app has been great to keep up on my fitness routine while staying in hotels and being on the road. 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. Our newsletter and website cover emerging fitness technology, brick and mortar gyms, wellness trends, new fitness formats and the industrys economic outlook. Mr. Hagopian started his career at Gibson, Dunn & Crutcher, serving as a corporate attorney from 2005 to 2011. Markets never sleep, and neither does Bloomberg. Our system-wide sales exceed pre-Covid levels. 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. With more than 25 years of boutique fitness franchising experience within each brand, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise . articles a month for anyone to read, even non-subscribers! 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). 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. 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. 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. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. About Xponential Fitness, Inc. Transform your body, your mind, and your life with Body Fit Training. 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. Welcome to the worlds best studio workouts, on demand. At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. degree from USC Marshall School of Business, and a J.D. And it all started with one idea. Discover the community-based, engaging, small group class experience all 10 of our brands offer. January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands XPLUS. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . Here's what investors need to know before the announcement. Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea 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. 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. Xponential intends to raise a total of $120 million from the IPO. Junk studied Sports Medicine at Foothill College. Markets never sleep, and neither does Bloomberg. On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . 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. 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. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. "It wasn't glamorous work," Anthony tells The CEO Magazine. Xponential Fitness 5M share Spot Secondary . Mr. Meloun has served as our Chief Financial Officer since July 2018. He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Mr. 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. Get Started Thousands of classes from the best brands in boutique fitness. Xponential earlier offered 13.3 million shares for $14 to $16. Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. The Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. Looking ahead: . With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. Dec 29, 2022 06:06pm. 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. 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. Xponential Fitness also has an organizational chart that includes key individuals to help expedite the purchase of each brand. 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. While studios temporarily closed, Meloun says all of their locations are now back open. They worked hard.. I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. Keep pulse with the latest in fitness news. Both IPOs come on the heels of a bludgeoning year for the fitness industry. 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. 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. 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. We learn together, we grow together. 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. Our content creates conversations, our voice is the one that matters. A fitness class held outside a CycleBar in Culver City, California. Im just excited to have what I have and live a life that I love.. 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. She enjoys hiking, being outdoors, and is an avid reader. 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. 'Y':'N') +'&jv='+(navigator.javaEnabled()? Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. In 2015, Mr. Geisler purchased Club Pilates, which at the time had about 30 locations. 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 . 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. Apply to Franchise > Our Brands View All > The Experiences IN-STUDIO STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. Requirement: 2+ years of retail/service sales or fitness sales experience. Why? Xponential is rolling out Xponential+ (XPLUS), its improved live and on-demand fitness app. Track your investments 24 hours a day, around the clock from around the world. 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. Anthony got his start in the dot-com bubble of the late 1990s. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Xponential has tapped banks including Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, the people said. Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. Ten exceptional brands, 2,100+ studios, one pass. 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. 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. 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. Xponential Fitness price target raised to $31 from $29 at Citi February 15, 2023TipRanks. Track your investments 24 hours a day, around the clock from around the world. 'Y':'N') +'&jv='+(navigator.javaEnabled()? 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. 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. 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 "Then the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. and an M.B.A. from Arizona State University. A hundred and fifty Body Fit Training studios are slated to open within the next year. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. What Could Elon Musk Possibly Be Thinking? Mr. Meloun holds both a B.S. So, we try to facilitate that balance for them.. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. 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. 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? In Anthonys view, decentralizing leadership is the most effective way for brands to chart their own path in the business world. And it all started with one idea. (Podcast). Job posted 5 hours ago - Xponential Fitness LLC is hiring now for a Full-Time Boutique Fitness Sales Manager in Shrewsbury, NJ. First name. Xponential Fitness CEO Anthony Geisler, left, with Shaun Grove, who will lead Rumble after growing Club Pilates to nearly 600 units. Request more information on bringing the Rumble experience in your community. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. is set to give its latest quarterly earnings report on Thursday, 2023-03-02. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. My model suggests a price target of ~$50.44 or ~160% upside in FY25 from today's share price of $19.47. Hes focused on the here and now. For $19 to $249 a month, subscribers can work out at 2,000+ US locations. You WILL sweat, and you WILL love it!., Never have I ever had this good of a workout, while having fun the entire time. The flexologists taught me what movements to do and when to do them!. Join to apply for the General Manager role at Xponential Fitness. XPOF -1.91% + Free Alerts. Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. Tell us About Yourself Musks TeslaMaster Plan Lacks Drive. Crunch Franchise Announces Newest Location in Cypress, Texas. About Xponential Fitness, Inc. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. The IPO helps cap off a busy week for. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? "Then it's, do you want to be partners with these people." 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! Why? C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. 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.. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. 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. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . He then successfully launched his brand in 35 states before selling it in 2012. 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. Xponential Fitness falls -12.4% February 8, 2023TipRanks. In 2020, the company received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown. Ive been doing this for 18 years now with most of the same people who originally started with me.. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. All financial figures included in this release refer to global numbers, unless otherwise noted. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. 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. Geisler sold the business to UFC Gym in 2012. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. A fitness class held outside a CycleBar in Culver City, California. 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 classes are broken up into manageable intervals, but don't get me wrong - you WILL work. 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 Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. IRVINE, Calif., February 27, 2023 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands . 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Live market coverage co-anchored from Hong Kong and New York. We dont have forms and committees. . Answer: Xponential Fitness. Our consumers came right back to the studio [post-Covid], Meloun says. Apply today at CareerBuilder! articles a month for anyone to read, even non-subscribers! Markets never sleep, and neither does Bloomberg. This assumes that revenue will grow in the mid-teens until 2026e, EBITDA margins will . 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. 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. 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