The deal expands Xponential’s footprint and membership base by bringing boutique fitness brand studios across more than 500 LA fitness and urban sports club locations across the country.
Irvin, California, November 4, 2021 / PRNewswire / – Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or “Company”), the leading boutique fitness brands and Fitness International LLC, LA Fitness (“LAF”) operator and City Sports Club (“CSC”), a unique development agreement today Announced. The agreement puts Xponential Brands at more than 500 fairs in more than 500 places, with the lowest growth in five years.
This commitment to Xponential Fitness will provide an opportunity for existing franchises with LAF or CSC studios in their protected territories to open Xponential Brand Studios in these areas. Membership of Xponential Brand Studio at LAF or CSC is available for existing gym members at an additional cost.
Studio development time and construction costs for these sites will be less than for a traditional independent studio, and franchise partners will be able to drive additional revenue while making these sites from initial French payments and low transaction fund payments. AUVs in these areas are expected to be smaller than traditional studio locations. But this opportunity will reduce operating costs rather than individual studios.
“Boutique is pleased to have entered into a unique development agreement with Fitness International to enhance our mission to make fitness accessible to all, to expand our overall market and to expand opportunities for our franchises,” he said. Anthony GeislerXponential Fitness, Inc. “This is a unique opportunity for franchises to increase their access and overall revenue in their protected territories. We look forward to providing the best boutique fitness in the classroom for LA fitness and urban sports club communities.”
“We are proud to welcome Xponential brand studios to the LAA Fitness and Urban Sports Club venues,” he said. Jill Grilling, President, Fitness Club Operations. “Xponential brings more high quality fitness experiences to our members. We are confident that their boutique fitness brands will provide a good complement to our existing fitness practices.”
The development of Xponential Fitness Brand Studios in Fitness International is expected to begin in the first quarter of 2022 and will not have a significant impact on company revenue in the current calendar year. The management looks forward to further updating the investment community on the strategic benefits of this partnership at the next third quarter revenue conference. November 11, 2021 as if 2 p.m. / 5 PM ET. More information on the third quarter earnings call on Xponential’s investors. website.
About Xponential Fitness, Inc.
Founded in 2017 and headquartered Irvin, California, Xponential Fitness, Inc. (NYSE: XPOF) is a leading boutique fitness brand in many respects. In a bid to make boutique fitness accessible to everyone, the company has developed ten different boutique fitness brands, including Pilates, bicycle, bar, stretching, paddle, dance, boxing, running, practice training and yoga. . In collaboration with the franchises, Xponential Fitness provides a powerful, accessible and personalized exercise experience led by highly qualified instructors in studios across 48 US states. KannadaAnd in 10 more countries with master franchise or international expansion agreements October 13, 2021. The Xponential Fitness Brands portfolio includes the country’s largest Pilates brand club Pilates. CycleBar, the country’s largest indoor cycling brand; StretchLab, a concept that provides one-on-one and group deployment services; Row house, high-powered, low-impact indoor skiing; A dance-based cardio exercise combining AKT, tone, time interval and circuit training; Yogax, the largest franchised yoga brand; Pure Bar, a general exercise that uses a ballet bar to perform small isometric movements. STRIDE, a Treadmill-based heart and strength training concept; Rumble, boxing-inspired exercise; And BFT, a program based on practical training and strength. For more information, please visit the company’s website at xponential.com.
About Fitness International
Fitness International, LLC is one of the fastest growing health club chains in the US, with more than 700 locations in 27 US states and Kannada. Developing the LA Fitness, Sports Fitness and Urban Sports Clubs, the company’s mission is to help as many people as possible enjoy a healthy lifestyle by creating a network of health clubs nationwide and providing a wide range of resources for its members. And very friendly service at an affordable price. Visit to learn more about the development of Fitness International lafitness.com, esportafitness.com, And citysportsfitness.com. Follow Fitness International on Facebook, Instagram Or by downloading the mobile apps.
This press release contains forward-looking statements, forecasts, forecasts and future performance predictions based on management decisions, beliefs, current trends and expected financial performance. These future statements include statements on the implementation of the company’s growth strategies but are not limited to this. Predictable statements include concerns and uncertainties that may differ materially from the actual results of future statements. These factors include the impact of the CVD-19 epidemic on our business and the French, but are not limited to these; Problems and difficulties in opening studios in France; The ability of the Franks to generate sufficient income; Risks associated with the expansion of the global market; And loss or awareness of brand and product; Xponential, including the quarterly report on Form 10-Q, as described in the document with the Securities and Exchange Commission, and other risks. Other unknown or unexpected reasons or later erroneous assumptions may differ materially in future statements. Although we believe that expectations in future statements are reasonable, we cannot guarantee future results, activity level, performance, or success. Do not overreact to these future statements. All information provided in this press release is effective from today, unless otherwise stated, and Xponential is not obligated to update this information, unless required by applicable law.
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