Recognizing the potential of boutique fitness clubs, Geisler founded Xponential in 2017, making Club Pilates the companys first brand. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and conditioning. The minute you sign your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads. 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. Confident in . A fitness class held outside a CycleBar in Culver City, California. 'Y':'N') +'&jv='+(navigator.javaEnabled()? From 2021-2022, Mr. Hagopian was Chief Legal Officer of BetMGM, a leading privately held sports betting entertainment company partially owned by MGM Resorts International. "Then it's, do you want to be partners with these people." IRVINE, Calif., February 27, 2023 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands . articles a month for anyone to read, even non-subscribers! What Could Elon Musk Possibly Be Thinking? Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. Dec 29, 2022 06:06pm. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. Live market coverage co-anchored from Hong Kong and New York. 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. Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. 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. Chief Operating Officer. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. The company put talks of going public on the backburner when COVID-19 first hit. Our franchise model provides a completely scalable business, allowing you to determine your own success. 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. About Xponential Fitness, Inc. 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. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. We'll guide you through the entire buildout process from approved layout and general construction, to interior design, music and technology. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. 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. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. Why? What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. Im amazed by the kind of executives who work on 10-year business plans. Xponential Fitness. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. While studios temporarily closed, Meloun says all of their locations are now back open. 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. All financial figures included in this release refer to global numbers, unless otherwise noted. is set to give its latest quarterly earnings report on Thursday, 2023-03-02. 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. 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. Mr. 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. Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. (Podcast). I instruct franchise owners to do the same. I cant tell you who isnt coming in, or whos leaving early, or who was late today, and thats because I treat all our employees as adults. 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. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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 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. 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. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. Welcome to the worlds best studio workouts, on demand. Mr. Hagopian received a B.S. 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. 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. from University of Southern California. And a Car. 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. Elevate your corporate wellness program with a boutique benefit. 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. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . 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. 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. Hes focused on the here and now. Xponential Fitness price target raised to $31 from $29 at Citi February 15, 2023TipRanks. 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. Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. 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. Join to apply for the General Manager role at Xponential Fitness. 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. The Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. 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. He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. I believe that if people dont have that time with their family, then they probably arent focused on whats going on at work. Musks TeslaMaster Plan Lacks Drive. 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.. Live market coverage co-anchored from Hong Kong and New York. Xponential Fitness LLC Address Willowbrook, IL USA Industry Business View all jobs at Xponential Fitness LLC Report Job What email should the hiring manager reach you at? From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. 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. Xponential Fitness CEO Anthony Geisler, left, with Shaun Grove, who will lead Rumble after growing Club Pilates to nearly 600 units. 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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. We dont have forms and committees. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. Ten exceptional brands, 2,100+ studios, one pass. 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. 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