Overnight on Wall Street is daytime in Asia. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. from Georgetown University Law Center. Our consumers came right back to the studio [post-Covid], Meloun says. and an M.B.A. from Arizona State University. Dec 29, 2022 06:06pm. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. They worked their butts off, he says. Tell us About Yourself 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. 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. And it all started with one idea. . 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 Why? From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Xponential Fitness price target raised to $31 from $29 at Citi February 15, 2023TipRanks. 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. While studios temporarily closed, Meloun says all of their locations are now back open. 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! Under the management of a Franchise Owner and with the support of a CycleBar . 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 the matter. Crunch Franchise Announces Newest Location in Cypress, Texas. For $19 to $249 a month, subscribers can work out at 2,000+ US locations. 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. 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. Markets never sleep, and neither does Bloomberg. According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. "It wasn't glamorous work," Anthony tells The CEO Magazine. Xponential Fitness falls -12.4% February 8, 2023TipRanks. 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. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. 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! The longevity and team spirit Anthony has cultivated is based on the respect and independence he gives his staff. It attributed the growth to equipment installations and royalties from sales in North America. var asdate=new Date();var q='&tz='+asdate.getTimezoneOffset()/60 +'&ck='+(navigator.cookieEnabled? He sensed an opportunity when he realized how undervalued the brand was, and he purchased the gym with an eye towards national expansion. Courtney has a BA in Media & Communications studies. Our instructors are experts, not influencers. It wasnt glamorous work, Anthony tells The CEO Magazine. 2,220+ STUDIOS OPEN 4,684+ LICENSES AWARDED 48 STATES REQUEST FORM Request more information on bringing the Rumble experience in your community. 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 . Theres a reason that when the Peloton Studio was open, people would go there, Siegel says. 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. I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. All financial figures included in this release refer to global numbers, unless otherwise noted. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . 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. 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 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. 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. 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. The Irvine, California-based company sold 10 million shares on Thursday for $12 each, according to a statement. Requirement: 2+ years of retail/service sales or fitness sales experience. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . Ten exceptional brands, 2,100+ studios, one pass. Overnight on Wall Street is daytime in Asia. Chief Operating Officer. XPLUS. Total revenue was $106.6 million last year, down 17.4%. 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. Mr. Geisler holds a B.A. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. And it all started with one idea. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. 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. Our franchise model provides a completely scalable business, allowing you to determine your own success. 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. The minute you sign your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads. 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. is set to give its latest quarterly earnings report on Thursday, 2023-03-02. And a Car. 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 Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. Musks TeslaMaster Plan Lacks Drive. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. 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. Mr. Meloun has served as our Chief Financial Officer since July 2018. '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. Xponential is the largest boutique fitness franchisor in the U.S. with more than 1,750 studios. 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. 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.. So, we try to facilitate that balance for them.. Track your investments 24 hours a day, around the clock from around the world. 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. Were kicking ass and having a good time, and were doing something nobody has ever done, he says. 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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. Courtney Rehfeldt has worked in the broadcasting media industry since 2007 and has freelanced since 2012. 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. Bring an Xponential Brand to your community With 2,600+ studios across the globe, Xponential Fitness is the largest global franchisor of boutique fitness brands across a variety of verticals including Pilates, barre, stretching, rowing, cycling, dance, yoga, functional training, boxing, and running. What Could Elon Musk Possibly Be Thinking? With 2,200+ studios across the globe and over 405,000 active members, Xponential Fitness is the largest boutique fitness franchisor. 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. 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. My model suggests a price target of ~$50.44 or ~160% upside in FY25 from today's share price of $19.47. Previously, Mr. Hagopian served in several general counselor other legal executiveroles at both publicly-traded and privately-held growth companies. A fitness class held outside a CycleBar in Culver City, California. Xponential Fitness CEO Anthony Geisler, left, with Shaun Grove, who will lead Rumble after growing Club Pilates to nearly 600 units. Xponential earlier offered 13.3 million shares for $14 to $16. Later in 2017, Mr. Geisler created Xponential Fitness, with the vision of integrating leading boutique fitness brands across all fitness verticals on one platform. Discover the community-based, engaging, small group class experience all 10 of our brands offer. Markets never sleep, and neither does Bloomberg. Listing could value Club Pilates brand owner at $1.3 billion, California firm acquired boxing franchise Rumble in March. 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. We all need courage, determination, focus, and stamina. Leverage development costs and national vendor relationships to launch your studio successfully. 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. Track your investments 24 hours a day, around the clock from around the world. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Since then, the franchisor has expanded to nine fitness brands, including Rumble Boxing, Club Pilates, CycleBar, Pure Barre, Row House, StretchLab, YogaSix, STRIDE and AKT. 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. 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. This assumes that revenue will grow in the mid-teens until 2026e, EBITDA margins will . We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. 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. Experience a deeper stretch than you could ever get on your own. 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. 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. What Could Elon Musk Possibly Be Thinking? 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. January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands Live market coverage co-anchored from Hong Kong and New York. And a Car. Row House offers high-energy, music driven group classes combining rowing intervals with resistance based floor exercises for an all-in-one low impact, cardio enhancing, full-body strength workout for all fitness levels. Our Brands View All > BY THE NUMBERS 10 We all have things were fighting for in this life, and Rumble is an opportunity to battle prep. 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. 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. Musks TeslaMaster Plan Lacks Drive. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. 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. Xponential Fitness IPO follows the public offering last week of Mark Wahlberg-backed franchise studio operator F45 Training. What that tells us is that boutique fitness is strong, that the consumers that use it are returning back to the gym.. He has dedicated most of his career to franchising Their work ethic and devotion to the family was inspiring for Anthony. 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 . Meloun isn't worried about pressure from brands like Peloton and Orangetheory. Our system-wide sales exceed pre-Covid levels. The Best Fitness Studio Workouts On Demand | Xponential+ The world's best boutique fitness classes on demand. She studied yoga & meditation under Beryl Bender Birch at The Hard & The Soft Yoga Institute. Club Pilates, CycleBar, and STRIDE Fitness Experiences to Follow as Cruise Guests Seek Healthier Options on Ships. The IPO helps cap off a busy week for. "The addition of Pure Barre to our already robust portfolio of brands enhances our company and establishes Xponential as the number one curator . Founder, Director and Chief Executive Officer. Apply today at CareerBuilder! 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 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. With daily live classes and a global community streaming alongside you, you'll never train alone. She enjoys hiking, being outdoors, and is an avid reader. They can just go. Xponential Fitness is in talks to go public again. Thats the business were in, though, he says. May 2021 - Present1 year 10 months. 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. 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. 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. Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. The Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. Xponential intends to raise a total of $120 million from the IPO. Welcome to the worlds best studio workouts, on demand. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . 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'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. 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. 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