Ive been doing this for 18 years now with most of the same people who originally started with me.. 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. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. A rapidly growing disruptor in the fitness industry, Xponential Fitness was ranked in Fast Company's annual list of the World's Most Innovative Companies for 2019 within the wellness category.Offering a diversified portfolio of specialized fitness concepts in eight unique verticals, Xponential Fitness has sold over 2,600 studio locations across the globe and recently signed a Master . The company put talks of going public on the backburner when COVID-19 first hit. With daily live classes and a global community streaming alongside you, you'll never train alone. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. 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. Updated Nov 9, 2021, 11:51am PST. 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. Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. 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 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, 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. 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. lululemon x MIRROR. I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. Live market coverage co-anchored from Hong Kong and New York. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. Apply today at CareerBuilder! Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. He started his career in fitness management at Fitness USA and 24 Hour Fitness. In 2017, Xponential Fitness hit $148 million in revenue across. We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. Both IPOs come on the heels of a bludgeoning year for the fitness industry. 2,220+ STUDIOS OPEN 4,684+ LICENSES AWARDED 48 STATES REQUEST FORM Request more information on bringing the Rumble experience in your community. 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. 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. Dec 29, 2022 06:06pm. Im just excited to have what I have and live a life that I love.. 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. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? They worked their butts off, he says. 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. 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. Analysts . And it all started with one idea. Elevate your corporate wellness program with a boutique benefit. 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. His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. Our instructors are experts, not influencers. Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. Hes focused on the here and now. Our newsletter and website cover emerging fitness technology, brick and mortar gyms, wellness trends, new fitness formats and the industrys economic outlook. 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 opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. 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. General Manager Job Description. 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. We'll guide you through the entire buildout process from approved layout and general construction, to interior design, music and technology. 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 Thats the business were in, though, he says. Our system-wide sales exceed pre-Covid levels. Mr. Hagopian started his career at Gibson, Dunn & Crutcher, serving as a corporate attorney from 2005 to 2011. 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. articles a month for anyone to read, even non-subscribers! The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands. 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. Before joining Xponential, Mr. They must know the names of winning horses and lottery numbers, too. All financial figures included in this release refer to global numbers, unless otherwise noted. 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. Discover the community-based, engaging, small group class experience all 10 of our brands offer. 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. IRVINE, Calif.-- (BUSINESS WIRE)-- Xponential Fitness, Inc. (NYSE: XPOF) (the "Company," "Xponential Fitness" or "we"), the largest global franchisor of boutique fitness brands, today announced that the underwriters of its previously completed secondary offering of Class A common stock have fully exercised their option to purchase an additional 'Y':'N') +'&jv='+(navigator.javaEnabled()? At home or on the go, your favorite workout is always one click away. Courtney has a BA in Media & Communications studies. BFT uses science and technology-based training techniques to drive individual member health goals in an inclusive, coach-led group environment. 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. Health clubs, gyms and studios in all states were closed for at least one month last year. 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. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. Our Brands View All > BY THE NUMBERS 10 For $19 to $249 a month, subscribers can work out at 2,000+ US locations. About Xponential Fitness, Inc. He then successfully launched his brand in 35 states before selling it in 2012. 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. Management Team :: Xponential Fitness, Inc. (XPOF) Management Team Governance Documents Management Team Board of Directors Committee Composition Anthony Geisler Founder, Director and Chief Executive Officer Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. 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. 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. Musks TeslaMaster Plan Lacks Drive. 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. Mr. Meloun holds both a B.S. Ms. Luna holds a B.F.A. He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. 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. A fitness class held outside a CycleBar in Culver City, California. XPLUS. ", I wasn't motivated with my workouts before now. Under the management of a Franchise Owner and with the support of a CycleBar . 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 Despite a trying time for many companies due to COVID, Body Fit Training performed well during the challenging period. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. It will either work out well or it will become a learning experience. Xponential Fitness 5M share Spot Secondary . 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. About Xponential Fitness, Inc. Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. Immediately prior to joining Xponential, Mr. Hagopian served as General Counsel of Newlight Technologies, Inc., a biotechnology and manufacturing start-up. 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. The quality of the trainer defines a class receive assistance hiring the most qualified trainers, general managers & sales team. 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. Xponential Fitness, Inc. Condensed Consolidated Balance Sheets (Unaudited) (in thousands, except share and per share amounts) March 31, December 31, 2022 2021. Bibendum mauris in id sagittis aenean. Anthony got his start in the dot-com bubble of the late 1990s. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. You WILL sweat, and you WILL love it!., Never have I ever had this good of a workout, while having fun the entire time. 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. 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. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. 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. 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. 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 has tapped banks including Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, the people said. 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. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. Our content creates conversations, our voice is the one that matters. 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! Xponential Fitness also has an organizational chart that includes key individuals to help expedite the purchase of each brand. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? And a Car. I instruct franchise owners to do the same. Were kicking ass and having a good time, and were doing something nobody has ever done, he says. 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. 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Markets never sleep, and neither does Bloomberg. and an M.B.A. from Arizona State University. 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 is betting it can have success internationally and operates outside the U.S. in a master-franchise model in markets like Japan and Australia. Overnight on Wall Street is daytime in Asia. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. 'Y':'N') +'&jv='+(navigator.javaEnabled()? 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. 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. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. Their work ethic and devotion to the family was inspiring for Anthony. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . The IPO helps cap off a busy week for. Track your investments 24 hours a day, around the clock from around the world. '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. They worked hard.. 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 treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. 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. "Then it's, do you want to be partners with these people." 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. The largest global franchiser of boutique fitness brands continues to grow exponentially. 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.. 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. 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. 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. Confident in . Overnight on Wall Street is daytime in Asia. Our franchise model provides a completely scalable business, allowing you to determine your own success. First name. 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