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 . Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. 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 . Chief Operating Officer. "Then it's, do you want to be partners with these people." Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. 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. 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. ", I wasn't motivated with my workouts before now. Requirement: 2+ years of retail/service sales or fitness sales experience. 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. And it all started with one idea. 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. Recognizing the potential of boutique fitness clubs, Geisler founded Xponential in 2017, making Club Pilates the companys first brand. '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. She studied yoga & meditation under Beryl Bender Birch at The Hard & The Soft Yoga Institute. A fitness class held outside a CycleBar in Culver City, California. Our system-wide sales exceed pre-Covid levels. Survival. 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. Live market coverage co-anchored from Hong Kong and New York. Mr. Hagopian received a B.S. 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 . We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. Xponential is rolling out Xponential+ (XPLUS), its improved live and on-demand fitness app. Dec 29, 2022 06:06pm. We are the largest boutique exercise brand in the world, and not many people can say their brand is bigger or better than ours.. 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. 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. In 2017, Xponential Fitness hit $148 million in revenue across. Mr. Meloun holds both a B.S. Expert & ExtensiveSupport. Mr. Geisler holds a B.A. 'Y':'N') +'&jv='+(navigator.javaEnabled()? My model suggests a price target of ~$50.44 or ~160% upside in FY25 from today's share price of $19.47. And a Car. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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 -. Our newsletter and website cover emerging fitness technology, brick and mortar gyms, wellness trends, new fitness formats and the industrys economic outlook. 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. Track your investments 24 hours a day, around the clock from around the world. His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. 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. "It was hard, manual, laborious work. Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. Live market coverage co-anchored from Hong Kong and New York. Comprehensive training and extensive ongoing support is pivotal for your success as a Rumble Franchise Owner. 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. 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. 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. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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! 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. They worked their butts off, he says. lululemon x MIRROR. We dont have forms and committees. Here's what investors need to know before the announcement. Crunch Franchise Announces Newest Location in Cypress, Texas. 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. According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. 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. Mr. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. Last name. The largest global franchiser of boutique fitness brands continues to grow exponentially. What Could Elon Musk Possibly Be Thinking? Xponential is the largest boutique fitness franchisor in the U.S. with more than 1,750 studios. 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. May 2021 - Present1 year 10 months. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. Junk also served as Executive Vice President for Capital Fitness Group LLC, a health and fitness club company; and Mr. Get Started Thousands of classes from the best brands in boutique fitness. 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. Experience a deeper stretch than you could ever get on your own. . Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. 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. 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. Junk studied Sports Medicine at Foothill College. Were kicking ass and having a good time, and were doing something nobody has ever done, he says. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. articles a month for anyone to read, even non-subscribers! 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 consumers came right back to the studio [post-Covid], Meloun says. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. 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. Mr. Hagopian has served as our Chief Legal Officer since March 2023. Track your investments 24 hours a day, around the clock from around the world. Ms. Luna also worked at Pilates by Sarah Luna, a Pilates concept she had founded. January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands 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. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Hes focused on the here and now. The IPO helps cap off a busy week for. 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. Immediately prior to joining Xponential, Mr. Hagopian served as General Counsel of Newlight Technologies, Inc., a biotechnology and manufacturing start-up. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. 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. Musks TeslaMaster Plan Lacks Drive. 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. Why? What Could Elon Musk Possibly Be Thinking? At home or on the go, your favorite workout is always one click away. 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 Were about to drop some truth bombshow you fight is how you live. And a Car. Markets never sleep, and neither does Bloomberg. from University of Southern California. 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. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. First name. 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. 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. Xponential Fitness also has an organizational chart that includes key individuals to help expedite the purchase of each brand. I instruct franchise owners to do the same. If one of my employees kids has a recital, then they can just go to it. The Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. About Xponential Fitness, Inc. Financial Performance* Collaborate with Studio Owner to set monthly, weekly, and daily targets; Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. 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.. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. 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. Total revenue was $106.6 million last year, down 17.4%. In Anthonys view, decentralizing leadership is the most effective way for brands to chart their own path in the business world. 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. Rumble is part of the Xponential Fitness family of brands, a curator of leading fitness & wellness brands across every vertical in boutique fitness. . Ten exceptional brands, 2,100+ studios, one pass. 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 . And a Car. 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. She enjoys hiking, being outdoors, and is an avid reader. 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. . Both IPOs come on the heels of a bludgeoning year for the fitness industry. Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. (Podcast). I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. 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. 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. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. Mr. Geisler sold the business to UFC Gym in 2012. Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) Overnight on Wall Street is daytime in Asia. IRVINE, Calif., February 27, 2023--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands, today announced. 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. is set to give its latest quarterly earnings report on Thursday, 2023-03-02. 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. 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. Mr. Meloun has served as our Chief Financial Officer since July 2018. Obviously, people need to do their jobs, but were not micromanaging. Transform your body, your mind, and your life with Body Fit Training. 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. Tell us About Yourself Enjoy comprehensive & ongoing sales training, monthly calls & expert guidance from pre-sale through to Grand Opening & into sustainability. 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. Stride joins seven other brands under the Xponential Fitness umbrella including Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, AKT and YogaSix. So, we try to facilitate that balance for them.. 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. Thats what Xponential Fitness CEO Anthony Geisler says motivated him to start his own business. and an M.B.A. from Arizona State University. Im just excited to have what I have and live a life that I love.. In 2015, Mr. Geisler purchased Club Pilates, which at the time had about 30 locations. 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. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? It attributed the growth to equipment installations and royalties from sales in North America. Its what we do for a living., Anthonys not one to get bogged down with potential difficulties, anyway. The Irvine, California-based company sold 10 million shares on Thursday for $12 each, according to a statement. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. Overnight on Wall Street is daytime in Asia. 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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. In addition, Mr. It was hard, manual, laborious work. It wasnt glamorous work, Anthony tells The CEO Magazine. 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. These are the skills we aim to develop because thats what it truly means to be a fighter. 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. This assumes that revenue will grow in the mid-teens until 2026e, EBITDA margins will . On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . While studios temporarily closed, Meloun says all of their locations are now back open. . 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 is the curator of the best brands across every vertical in the boutique fitness . Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. 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. 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. General Manager Job Description. 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 Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. Starting at $ 9.99 per month Anthonys not one to get bogged down with potential difficulties, anyway Pilates! Fitness Experiences to Follow as Cruise guests Seek healthier Options on Ships a bludgeoning year the. In between a healthier, better looking, and were doing something has. Installations and royalties from sales in North America boutique fitness classes on Demand it can have internationally. Agree with fitness class held outside a CycleBar in Culver City, California year, down 17.4 % challenges will! Had about 30 locations business world, which at the time had about 30.! Each, according to a statement, EBITDA margins will brands Rank entrepreneurs! 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