Irvin, California – (Business wire–Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or “Company”), a leading boutique fitness brands and fitness international LLC, operator of LA Fitness (“LAF”) and City Sports Club (“CSC”), today announced a unique development agreement. Announced. The agreement puts Xponential Brands at more than 500 Faces International with a minimum growth rate of more than 350 franchises in five years.
This commitment to Xponential Fitness will provide an opportunity for existing franchises with LAF or CSC studios in their protected territory to invite Xponential Fitness Studios in these areas. Membership of Xponential Brand Studio at LAF or CSC is available at the expense of existing gym members.
Studio development time and construction costs for these sites will be less than for a traditional independent studio, and franchise partners will have the opportunity 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.
Anthony Gisler, CEO of Xponential Fitness, said: “We are delighted to have entered into a unique development agreement with Fitness International to expand our mission to make Boutique Fitness accessible to everyone, expand our overall market and expand opportunities for our French. Inc. “This gives the French a unique opportunity to increase access and overall revenue in their protected territories. We look forward to providing the best boutique fitness for LA fitness and urban sports club communities.”
“We are proud to welcome Xponential brand studios to our LA Fitness and Urban Sports Club venues,” said Jill Grlinging, president of Fitness International 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 Areas is expected to begin in the first quarter of 2022 and will not have a significant impact on the company’s revenue in the current calendar year. The administration is looking forward to the next quarterly revenue conference on November 11, 2021 at 2pm PT / 5 PM ET, further informing the investment community about the strategic benefits of this partnership. More information on the third quarter earnings call on Xponential’s investors. website.
About Xponential Fitness, Inc.
A.D. Founded in 2017 and headquartered in Irvine, California, Xponential Fitness, Inc. (NYSE ፡ XP XPF) runs boutique fitness brands on a regular basis. 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 partnership with the French, Xponential Fitness will provide energy, accessible and personalized fitness experiences led by highly qualified instructors in 48 locations across the United States and Canada, and starting October 13 in 10 more countries with major franchises or international expansion agreements, 2021. Xponential Fitness ‘The portfolio of brands includes the country’s largest Pilates brand club, Pilate. 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 Canada. 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 the administration’s decisions, beliefs, current trends and expected financial performance. These forthcoming 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, but are not limited to, the impact of the Covenant-19 epidemic on our business and the Franks. 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, level of activity, 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.