Confident in . I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. 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. Im amazed by the kind of executives who work on 10-year business plans. 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 . They can just go. Musks TeslaMaster Plan Lacks Drive. 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. IRVINE, Calif., September 12, 2022 -- ( BUSINESS WIRE )--Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, today announced an exclusive. 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. On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . 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 . 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. 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 -. 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. Shares of Xponential (NYSE: XPOF) have enjoyed growth of 31% over the last month, and the news of the acquisition gave another boost. The largest global franchiser of boutique fitness brands continues to grow exponentially. 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. Thats the business were in, though, he says. 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. 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. "Then it's, do you want to be partners with these people." articles a month for anyone to read, even non-subscribers! 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. 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. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. Ms. Luna holds a B.F.A. . I believe that if people dont have that time with their family, then they probably arent focused on whats going on at work. Im just excited to have what I have and live a life that I love.. articles a month for anyone to read, even non-subscribers! 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. . According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. 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. About Xponential Fitness, Inc. 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. 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 Mr. Hagopian received a B.S. Replacing its former service, GO, the new platform collects the entire digital libraries of all 10 brands in one location. 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. While studios temporarily closed, Meloun says all of their locations are now back open. "It was hard, manual, laborious work. Expert & ExtensiveSupport. Markets never sleep, and neither does Bloomberg. In 2015, Mr. Geisler purchased Club Pilates, which at the time had about 30 locations. Our instructors are experts, not influencers. 'Y':'N') +'&jv='+(navigator.javaEnabled()? Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Markets never sleep, and neither does Bloomberg. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? And it all started with one idea. Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. You WILL sweat, and you WILL love it!., Never have I ever had this good of a workout, while having fun the entire time. With more than 25 years of boutique fitness franchising experience within each brand, Xponential Fitness has the resources and network to ensure continued growth and support for our franchise . Mr. Geisler holds a B.A. 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. The company put talks of going public on the backburner when COVID-19 first hit. We learn together, we grow together. 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. from Georgetown University Law Center. 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. Musks TeslaMaster Plan Lacks Drive. Xponential is rolling out Xponential+ (XPLUS), its improved live and on-demand fitness app. Were about to drop some truth bombshow you fight is how you live. ", I wasn't motivated with my workouts before now. Looking ahead: . 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. It wasnt glamorous work, Anthony tells The CEO Magazine. In 2017, Xponential Fitness hit $148 million in revenue across. 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. They worked hard.. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. For $19 to $249 a month, subscribers can work out at 2,000+ US locations. 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. Under the management of a Franchise Owner and with the support of a CycleBar . Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. Our content creates conversations, our voice is the one that matters. 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. Why? 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. Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. "The addition of Pure Barre to our already robust portfolio of brands enhances our company and establishes Xponential as the number one curator . 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. Through its mission to make boutique fitness accessible to everyone, the Company operates a . Why? 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. Our system-wide sales exceed pre-Covid levels. Leverage development costs and national vendor relationships to launch your studio successfully. 2,220+ STUDIOS OPEN 4,684+ LICENSES AWARDED 48 STATES REQUEST FORM Request more information on bringing the Rumble experience in your community. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . Founded in 2017 and headquartered in Irvine, California , Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. 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. The company offers XPASS, a fitness pass that allows members to attend classes across the company's nine brands, and gets "consumers who like to snack around within boutique fitness" to stick around, he says. Figuring out the magic formula is something that we spent a lot of time on wanting to perfect before we chose the next big chapter: going public.. 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. 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 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. 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. Were kicking ass and having a good time, and were doing something nobody has ever done, he says. 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. 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. Our proprietary system of science-backed progressive workouts will build lean muscle and blast away fat. Xponential Fitness also has an organizational chart that includes key individuals to help expedite the purchase of each brand. Experience a deeper stretch than you could ever get on your own. 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.. Answer: Xponential Fitness. 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. 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. Health clubs, gyms and studios in all states were closed for at least one month last year. Overnight on Wall Street is daytime in Asia. 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 . We believe extensive training drives your success - from lease negotiation to build out, recruitment to finance, and sales & marketing, youll be supported every step of your journey! . Survival. 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.. Irvine, California, United States. Last name. 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We'll guide you through the entire buildout process from approved layout and general construction, to interior design, music and technology. 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. 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. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. 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. XPLUS. I still work with the very first employee I hired all those years ago, whos been with me for five brands now, he says. May 2021 - Present1 year 10 months. Both IPOs come on the heels of a bludgeoning year for the fitness industry. We dont have forms and committees. Our Brands View All > BY THE NUMBERS 10 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. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. Track your investments 24 hours a day, around the clock from around the world. Majority of Xponential Fitness Brands Rank on Entrepreneurs 2023 Franchise 500, Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT. (Podcast). Athletes, entertainers, boxers, and emcees, we are a motley crew of fitness freaks bound together by our willingness to lace up and throw down. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. Track your investments 24 hours a day, around the clock from around the world. 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 2021-2022, Mr. Hagopian was Chief Legal Officer of BetMGM, a leading privately held sports betting entertainment company partially owned by MGM Resorts International. 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. Xponential Fitness, Inc. 17877 Von Karman Ave Suite 100 Irvine, CA 92614 T: 949-346-3000 Investor Relations Addo Investor Relations T: 310-829-5400 investor@xponential.com Transfer Agent Computershare T: 781-575-2725 or 800-952-9245 (TDD) - press 0 and # to be directed to customer service https://www.computershare.com Mr. Hagopian started his career at Gibson, Dunn & Crutcher, serving as a corporate attorney from 2005 to 2011. Mr. 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! Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. She enjoys hiking, being outdoors, and is an avid reader. Having been recognized for his entrepreneurial spirit at the University of Southern California in 1999, he created and sold a web development business for US$20,000 within a year of graduating. Ive been doing this for 18 years now with most of the same people who originally started with me.. Chief Operating Officer. Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. 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. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. Anthony attributes this success to the strong, tight-knit culture he has developed in each business he has run. The flexologists taught me what movements to do and when to do them!.