According to data from the IHRSA, the U.S. fitness club industry lost $20.4 billion in 2020, just a year after generating a record $35 billion in revenue. I treat the brand presidents as entrepreneurs and allow them to make certain decisions that I may or may not agree with. Elevate your corporate wellness program with a boutique benefit. Markets never sleep, and neither does Bloomberg. 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 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? They worked hard." 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. The flexologists taught me what movements to do and when to do them!. Dec 29, 2022 06:06pm. (Podcast). Experience a deeper stretch than you could ever get on your own. 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 Sales Manager is rooted in hospitality and upholds our Mission of fueling energetic communal experience. Our system-wide sales exceed pre-Covid levels. Junk co-founded R.L.J Consulting Group, LLC, a fitness consulting firm. Stride joins seven other brands under the Xponential Fitness umbrella including Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, AKT and YogaSix. Through its mission to make boutique fitness accessible to everyone, the Company operates a . 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. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. is a curator of leading boutique fitness brands across multiple verticals. 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. Previously, Ms. Luna was a Jazzercise franchise owner, and served as a Pilates coordinator at Equinox. XPOF -1.91% + Free Alerts. "Then it's, do you want to be partners with these people." 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. They worked hard.. With years of knowledge and a whole lot of personality, there's no one better to push you towards your goals. He franchised the brand and built it into the largest boxing, kickboxing, and mixed martial arts fitness franchise in the country. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. So, we try to facilitate that balance for them.. Tell us About Yourself Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. Answer: Xponential Fitness. The company attributes the decline to a decrease in new studio openings and a loss in merchandising revenue. Xponential has tapped banks including Bank of America Corp., Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as advisers, the people said. Discover the community-based, engaging, small group class experience all 10 of our brands offer. And a Car. 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. Why? 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. Xponential Fitness CEO Anthony Geisler, left, with Shaun Grove, who will lead Rumble after growing Club Pilates to nearly 600 units. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. Leverage development costs and national vendor relationships to launch your studio successfully. Xponential Fitness is backed by Anthony Geisler and Snapdragon Capital Partners, and the acquisition will include all intellectual property of Body Fit Training. Chief Operating Officer. 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. Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and . It wasnt glamorous work, Anthony tells The CEO Magazine. 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. It will either work out well or it will become a learning experience. Hes focused on the here and now. Ive been doing this for 18 years now with most of the same people who originally started with me.. Live market coverage co-anchored from Hong Kong and New York. Our franchise model provides a completely scalable business, allowing you to determine your own success. And it all started with one idea. In addition, Mr. Xponential Fitness is in talks to go public again. 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. 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. And a Car. 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. What Could Elon Musk Possibly Be Thinking? You WILL sweat, and you WILL love it!., Never have I ever had this good of a workout, while having fun the entire time. 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. . She enjoys hiking, being outdoors, and is an avid reader. What Could Elon Musk Possibly Be Thinking? Mr. Hagopian received a B.S. I couldnt tell you about the challenges we will face in five years because Im not psychic, he says. 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. Xponential Fitness, the owner of boutique fitness brands, has acquired Stride, a boutique running concept. Here's what investors need to know before the announcement. 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. STRIDE indoor running studios offer coached classes on state-of-the-art Woodway Treadmills and a unique program designed for both walkers and runners. His mother owned a cleaning business and he saw up close the minutiae of business ownership: distributing flyers, collecting calls, giving estimates, and the actual cleaning of the homes. Xponential Fitness. The Xponential & Row House team has the resources and network to ensure your continued growth & support. XPLUS. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. His father owned a food brokerage business, and likewise spent as much time selling candy as he did arranging store displays. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. Live market coverage co-anchored from Hong Kong and New York. Im just excited to have what I have and live a life that I love.. (Podcast). 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. IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. 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. She studied yoga & meditation under Beryl Bender Birch at The Hard & The Soft Yoga Institute. Xponential Fitness is the largest global franchise group of boutique fitness brands across a variety of verticals including Pilates, barre, cycling, rowing, dance, yoga, running, boxing, functional training, and stretching. Xponential Fitness 5M share Spot Secondary . We dont have forms and committees. 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. And it all started with one idea. In Anthonys view, decentralizing leadership is the most effective way for brands to chart their own path in the business world. Ten exceptional brands, 2,100+ studios, one pass. 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. 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. And it all started with one idea. from Georgetown University Law Center. 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 opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. Meloun isn't worried about pressure from brands like Peloton and Orangetheory. Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) Enjoy comprehensive & ongoing sales training, monthly calls & expert guidance from pre-sale through to Grand Opening & into sustainability. Recognizing the potential of boutique fitness clubs, Geisler founded Xponential in 2017, making Club Pilates the companys first brand. Our Brands View All > BY THE NUMBERS 10 Founded in 2017 in New York City, Rumble is boxing-inspired group fitness designed for all levels from beginner to advanced. Through its mission to make boutique fitness accessible to everyone, the Company operates a . Updated Nov 9, 2021, 11:51am PST. Markets never sleep, and neither does Bloomberg. We are very pleased to announce the addition of our tenth brand through the partnership with BFT, shares Geisler. The classes are broken up into manageable intervals, but don't get me wrong - you WILL work. Obviously, people need to do their jobs, but were not micromanaging. Join to apply for the General Manager role at Xponential Fitness. In 2017, Xponential Fitness hit $148 million in revenue across. In the video, an employee or owner of Amy's Pizzeria & Italian Restaurant is shown standing at the . The company served more than 850,000 customers in 2020 via in-studio and streaming workouts during the height of the pandemic. On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . StretchLab is an open, energetic studio designed to get your body moving the way it was intended to. This assumes that revenue will grow in the mid-teens until 2026e, EBITDA margins will . 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit Neque pharetra. Xponential Fitness, a roll-up of franchised boutique fitness brands with over 1,750 studios in North America, raised $120 million by offering 10 million shares at $12, below the range of $14. 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. Transform your body, your mind, and your life with Body Fit Training. 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. 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. 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. 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. At home or on the go, your favorite workout is always one click away. 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