Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. Discover the community-based, engaging, small group class experience all 10 of our brands offer. 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. Xponential is the largest boutique fitness franchisor in the U.S. with more than 1,750 studios. They worked hard.. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. Our content creates conversations, our voice is the one that matters. According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. 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. At home or on the go, your favorite workout is always one click away. 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 Updated Nov 9, 2021, 11:51am PST. As with many fitness brands, the pandemic took its toll on Xponential. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. 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. 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. Thats what Xponential Fitness CEO Anthony Geisler says motivated him to start his own business. Founder, Director and Chief Executive Officer. Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. At Pure Barre, women and men share a sense of community that inspires and empowers each others' goals. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. 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. What Could Elon Musk Possibly Be Thinking? var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? 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 . 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. 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. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. Get Started Thousands of classes from the best brands in boutique fitness. Crunch Franchise Announces Newest Location in Cypress, Texas. Xponential Fitness CEO Anthony Geisler, left, with Shaun Grove, who will lead Rumble after growing Club Pilates to nearly 600 units. articles a month for anyone to read, even non-subscribers! In 2017, Xponential Fitness hit $148 million in revenue across. 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. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. Leverage development costs and national vendor relationships to launch your studio successfully. Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. Anthony attributes this success to the strong, tight-knit culture he has developed in each business he has run. 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. Survival. Mr. XPOF -1.91% + Free Alerts. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. Petrobras Payout Rewards Investors Who Ignored Lula Risk, China Developers Vanke, Poly to Issue Shares as Market Thaws, Mexico Central Bank Cuts GDP Forecasts With Key Rate at Record 11%, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Mexico Could Consider Slowing Pace of Rate Hikes, Banxico Deputy Mejia Says, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, Salesforce CEO Praises Activist Investors After Earnings-Fueled Rally, Salesforce Jumps After Upbeat Outlook Eases Investor Fears, South Koreas Chip Inventory Climbs at Fastest Pace in 27 Years, Boris Johnsons Comeback Dreams Shattered by Sunaks Brexit Win, Japan Tries Everything From Tax Breaks to Shaming to Raise Pay, Singapore Wealth Firm Sees Rapid Growth Catering to Rich Families, BillionaireFamily Down $730 Million in Brazil Health Providers Stock Rout, Murdochs Fawning Letter to FIFA Chief Disclosed in World Cup Bribery Case, This Starbucks VP Turned Caribbean Rum Distiller Is the Anti-Captain Morgan. While studios temporarily closed, Meloun says all of their locations are now back open. Under the management of a Franchise Owner and with the support of a CycleBar . Xponential Fitness Inc., the franchise owner of boutique fitness brands including Club Pilates and CycleBar, rose 2.1% in its trading debut after earlier sinking below its price in an. I instruct franchise owners to do the same. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. Last name. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. 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.. Expert & ExtensiveSupport. 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. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. 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.. "Then it's, do you want to be partners with these people." 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. 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. General Manager Job Description. Track your investments 24 hours a day, around the clock from around the world. 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. 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! Xponential Fitness. 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. 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. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. Our franchise model provides a completely scalable business, allowing you to determine your own success. Mr. The largest global franchiser of boutique fitness brands continues to grow exponentially. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. He then successfully launched his brand in 35 states before selling it in 2012. 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. His confidence in others extends to his views about the future, and he bristles at questions about his long-term business plans. Our instructors are experts, not influencers. 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 . 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. Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? We dont have forms and committees. 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. It wasnt glamorous work, Anthony tells The CEO Magazine. Keep pulse with the latest in fitness news. 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. 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. Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) Mr. Geisler holds a B.A. Enjoy comprehensive & ongoing sales training, monthly calls & expert guidance from pre-sale through to Grand Opening & into sustainability. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. A fitness class held outside a CycleBar in Culver City, California. 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. Their work ethic and devotion to the family was inspiring for Anthony. 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. So, we try to facilitate that balance for them.. 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.. You WILL sweat, and you WILL love it!., Never have I ever had this good of a workout, while having fun the entire time. Mr. Hagopian started his career at Gibson, Dunn & Crutcher, serving as a corporate attorney from 2005 to 2011. Petrobras Payout Rewards Investors Who Ignored Lula Risk, China Developers Vanke, Poly to Issue Shares as Market Thaws, Mexico Central Bank Cuts GDP Forecasts With Key Rate at Record 11%, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Mexico Could Consider Slowing Pace of Rate Hikes, Banxico Deputy Mejia Says, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, Salesforce CEO Praises Activist Investors After Earnings-Fueled Rally, Salesforce Jumps After Upbeat Outlook Eases Investor Fears, South Koreas Chip Inventory Climbs at Fastest Pace in 27 Years, Boris Johnsons Comeback Dreams Shattered by Sunaks Brexit Win, Japan Tries Everything From Tax Breaks to Shaming to Raise Pay, Singapore Wealth Firm Sees Rapid Growth Catering to Rich Families, BillionaireFamily Down $730 Million in Brazil Health Providers Stock Rout, Murdochs Fawning Letter to FIFA Chief Disclosed in World Cup Bribery Case, This Starbucks VP Turned Caribbean Rum Distiller Is the Anti-Captain Morgan. 'Y':'N') +'&jv='+(navigator.javaEnabled()? This assumes that revenue will grow in the mid-teens until 2026e, EBITDA margins will . 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 . 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. Ms. Luna also worked at Pilates by Sarah Luna, a Pilates concept she had founded. 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. "It wasn't glamorous work," Anthony tells The CEO Magazine. 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! The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. Markets never sleep, and neither does Bloomberg. Apply today at CareerBuilder! BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. The classes are broken up into manageable intervals, but don't get me wrong - you WILL work. 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. Why? The minute you sign your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads. (Podcast). Xponential Fitness 5M share Spot Secondary . 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. January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Anthony got his start in the dot-com bubble of the late 1990s. And a Car. The estimated investment required to open a Xponential Fitness Franchise is between $283,300-$452,800. 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. . Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. and an M.B.A. from Arizona State University. lululemon x MIRROR. Overnight on Wall Street is daytime in Asia. Looking ahead: . 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. And it all started with one idea. The Irvine, California-based company sold 10 million shares on Thursday for $12 each, according to a statement. 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. Ms. Luna holds a B.F.A. Xponential Fitness is in talks to go public again. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. 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. Live market coverage co-anchored from Hong Kong and New York. Musks TeslaMaster Plan Lacks Drive. from Georgetown University Law Center. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. 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 -. His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. May 2021 - Present1 year 10 months. In 2020, the company received The Asia-Pacific Franchise of the Year Award, which celebrated its business growth during the lockdown. Dec 29, 2022 06:06pm. 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. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . First name. 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. 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. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. Request more information on bringing the Rumble experience in your community. Apply to Franchise > Our Brands View All > The Experiences IN-STUDIO ", I wasn't motivated with my workouts before now. He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. '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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