Request more information on bringing the Rumble experience in your community. 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. articles a month for anyone to read, even non-subscribers! Xponential Fitness 5M share Spot Secondary . Junk has served as our Chief Operating Officer since May 2021, and prior to that, served as our Chief Strategy Officer and President for CycleBar since November 2017. 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. 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. 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. Overnight on Wall Street is daytime in Asia. 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.. His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. 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. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . 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. 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. 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. 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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. In addition, Mr. Xponential Fitness is in talks to go public again. 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. articles a month for anyone to read, even non-subscribers! 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. "The addition of Pure Barre to our already robust portfolio of brands enhances our company and establishes Xponential as the number one curator . (Podcast). Chief Operating Officer. Founded in 2017 and headquartered in Irvine, California , Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. Looking ahead: . Were kicking ass and having a good time, and were doing something nobody has ever done, he says. Xponential has tapped banks including Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, the people said. 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. 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. from University of Southern California. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. Markets never sleep, and neither does Bloomberg. Why? Markets never sleep, and neither does Bloomberg. . Track your investments 24 hours a day, around the clock from around the world. Requirement: 2+ years of retail/service sales or fitness sales experience. 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. Answer: Xponential Fitness. 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. They worked hard.. Mr. Geisler holds a B.A. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? Ten exceptional brands, 2,100+ studios, one pass. XPOF -1.91% + Free Alerts. Transform your body, your mind, and your life with Body Fit Training. 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. 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. 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. articles a month for anyone to read, even non-subscribers! . Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. Live market coverage co-anchored from Hong Kong and New York. Confident in . Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. 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. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. Xponential intends to raise a total of $120 million from the IPO. Our content creates conversations, our voice is the one that matters. Leverage development costs and national vendor relationships to launch your studio successfully. At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. Overnight on Wall Street is daytime in Asia. Overnight on Wall Street is daytime in Asia. 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 also has an organizational chart that includes key individuals to help expedite the purchase of each brand. In Anthonys view, decentralizing leadership is the most effective way for brands to chart their own path in the business world. The IPO helps cap off a busy week for. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. Expert & ExtensiveSupport. Obviously, people need to do their jobs, but were not micromanaging. (Podcast). In 2017, Xponential Fitness hit $148 million in revenue across. On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . 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. Analysts . 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 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. The minute you sign your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads. and an M.B.A. from Arizona State University. 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. 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. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. Total revenue was $106.6 million last year, down 17.4%. The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. The largest global franchiser of boutique fitness brands continues to grow exponentially. 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. We all need courage, determination, focus, and stamina. 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. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. ", I wasn't motivated with my workouts before now. Crunch Franchise Announces Newest Location in Cypress, Texas. They worked hard." Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. While studios temporarily closed, Meloun says all of their locations are now back open. 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Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. 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. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. IRVINE, Calif., September 12, 2022 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, today announced an exclusive. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . Musks TeslaMaster Plan Lacks Drive. 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. Stride joins seven other brands under the Xponential Fitness umbrella including Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, AKT and YogaSix. 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 . From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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.. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . What Could Elon Musk Possibly Be Thinking? We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. Despite a trying time for many companies due to COVID, Body Fit Training performed well during the challenging period. Xponential Fitness falls -12.4% February 8, 2023TipRanks. 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. Im just excited to have what I have and live a life that I love.. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. 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. 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. 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. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. Musks TeslaMaster Plan Lacks Drive. Live market coverage co-anchored from Hong Kong and New York. Our consumers came right back to the studio [post-Covid], Meloun says. 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. January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands Discover the community-based, engaging, small group class experience all 10 of our brands offer. 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. '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. 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. Their work ethic and devotion to the family was inspiring for Anthony. Hes focused on the here and now. Founder, Director and Chief Executive Officer. Ms. Luna also worked at Pilates by Sarah Luna, a Pilates concept she had founded. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. Mr. Geisler sold the business to UFC Gym in 2012. With daily live classes and a global community streaming alongside you, you'll never train alone. Anthony Geisler, CEO and Founder of Xponential Fitness. Anthony got his start in the dot-com bubble of the late 1990s. Our system-wide sales exceed pre-Covid levels. Why? We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. 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. Thats what Xponential Fitness CEO Anthony Geisler says motivated him to start his own business. A fitness class held outside a CycleBar in Culver City, California. All financial figures included in this release refer to global numbers, unless otherwise noted. 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.. 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