Anthony got his start in the dot-com bubble of the late 1990s. 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. (Podcast). Leverage development costs and national vendor relationships to launch your studio successfully. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. The estimated investment required to open a Xponential Fitness Franchise is between $283,300-$452,800. 'Y':'N') +'&jv='+(navigator.javaEnabled()? Pure Barre is more than just a barre workout; it's a lifestyle. She enjoys hiking, being outdoors, and is an avid reader. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. 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 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.. from Georgetown University Law Center. 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. 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. These are the skills we aim to develop because thats what it truly means to be a fighter. Enjoy comprehensive & ongoing sales training, monthly calls & expert guidance from pre-sale through to Grand Opening & into sustainability. Transform your body, your mind, and your life with Body Fit Training. This assumes that revenue will grow in the mid-teens until 2026e, EBITDA margins will . 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. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. In 2020, the company received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown. articles a month for anyone to read, even non-subscribers! I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. 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 . Xponential is rolling out Xponential+ (XPLUS), its improved live and on-demand fitness app. Xponential is the largest boutique fitness franchisor in the U.S. with more than 1,750 studios. Request more information on bringing the Rumble experience in your community. We all need courage, determination, focus, and stamina. 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. 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. 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 is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. Get Started Thousands of classes from the best brands in boutique fitness. It was hard, manual, laborious work. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. 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. 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. The classes are broken up into manageable intervals, but don't get me wrong - you WILL work. 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. 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 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. 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. Rumble is part of the Xponential Fitness family of brands, a curator of leading fitness & wellness brands across every vertical in boutique fitness. 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. Stride joins seven other brands under the Xponential Fitness umbrella including Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, AKT and YogaSix. 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. On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . About Xponential Fitness, Inc. Our Brands View All > BY THE NUMBERS 10 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. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. 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. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. With daily live classes and a global community streaming alongside you, you'll never train alone. (Podcast). Last name. Markets never sleep, and neither does Bloomberg. Xponential earlier offered 13.3 million shares for $14 to $16. Musks TeslaMaster Plan Lacks Drive. Our content creates conversations, our voice is the one that matters. Mr. Meloun holds both a B.S. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. Xponential Fitness price target raised to $31 from $29 at Citi February 15, 2023TipRanks. They worked their butts off, he says. XPLUS. 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. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. 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.. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. He has dedicated most of his career to franchising 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. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. Mr. Here's what investors need to know before the announcement. His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. 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! 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. 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. 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. All financial figures included in this release refer to global numbers, unless otherwise noted. Ten exceptional brands, 2,100+ studios, one pass. 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. Anthony attributes this success to the strong, tight-knit culture he has developed in each business he has run. 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. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. Our franchise model provides a completely scalable business, allowing you to determine your own success. Ive been doing this for 18 years now with most of the same people who originally started with me.. 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! 'Y':'N') +'&jv='+(navigator.javaEnabled()? In addition, Mr. 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 Courtney has a BA in Media & Communications studies. Hes focused on the here and now. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. Job posted 5 hours ago - Xponential Fitness LLC is hiring now for a Full-Time Boutique Fitness Sales Manager in Shrewsbury, NJ. 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. Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. 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. Thats the business were in, though, he says. The company put talks of going public on the backburner when COVID-19 first hit. 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. In 2015, Mr. Geisler purchased Club Pilates, which at the time had about 30 locations. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. The company offers XPASS, a fitness pass that allows members to attend classes across the company's nine brands, and gets "consumers who like to snack around within boutique fitness" to stick around, he says. Musks TeslaMaster Plan Lacks Drive. Chief Operating Officer. 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. As with many fitness brands, the pandemic took its toll on Xponential. 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. 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. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. 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. Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. Were about to drop some truth bombshow you fight is how you live. And it all started with one idea. The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. 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 the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. Anthony Geisler, CEO and Founder of Xponential Fitness. 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. 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. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Xponential Fitness. This latest purchase comes after a March 2021 acquisition of Rumble, a boxing studio business that signed a franchise agreement in Australia this year, anticipating 100 studios opening in the future. 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. Ms. Luna holds a B.F.A. What Could Elon Musk Possibly Be Thinking? From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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. We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. Confident in . Both IPOs come on the heels of a bludgeoning year for the fitness industry. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . What Could Elon Musk Possibly Be Thinking? . 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. 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. My model suggests a price target of ~$50.44 or ~160% upside in FY25 from today's share price of $19.47. 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 . He then successfully launched his brand in 35 states before selling it in 2012. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . degree from USC Marshall School of Business, and a J.D. The industry is expected to grow from $8.8 billion in 2020 to $26.2 billion by 2025. 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. Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. . Requirement: 2+ years of retail/service sales or fitness sales experience. The Xponential & Row House team has the resources and network to ensure your continued growth & support. 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. Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. Survival. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . 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). StretchLab is an open, energetic studio designed to get your body moving the way it was intended to. 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. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. '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('
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