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Four Brands Ranked as Top New Franchises and Six Brands Ranked as Fastest-Growing Franchises
IRVINE, Calif. (April 14, 2021) – Xponential Fitness, a curator of main boutique health manufacturers throughout 9 totally different verticals, introduced right this moment that 4 of the corporate’s manufacturers have ranked on Entrepreneur Magazine’s annual Top New Franchises listing, that includes AKT at No.77, Row House at No. 37 , StretchLab at No. 49 and YogaSix at No. 42.
Earlier this month, Row House, StretchLab, and YogaSix additionally appeared in Entrepreneur Magazine’s Fastest-Growing Franchises listing, in addition to three different Xponential manufacturers. The manufacturers acknowledged have been Club Pilates at No. 66, CycleBar at No. 78, Pure Barre at No. 76, Row House at No. 51, StretchLab at No. 59, and YogaSix at No. 80. The fastest-growing rating identifies franchises’ skill to leverage their skill to scale shortly throughout the globe.
“It is an honor to have a major presence on Entrepreneur’s lists, exemplifying our manufacturers’ exhausting work to remain sturdy through the COVID19 pandemic,” stated Sarah Luna, President of Xponential Fitness. “Our house owners and members perceive the constructive affect of boutique health has on our communities, and it’s unbelievable to see not simply certainly one of our manufacturers ranked, however the majority of them.”
Entrepreneur Magazine’s annual Top New Franchises listing ranks manufacturers which have been franchising for 5 years or much less. The rating relies on every franchise’s rating obtained in Entrepreneur’s Franchise 500 listing that features evaluation on the areas of prices and costs, dimension and development, franchisee assist, model energy, and monetary energy and stability. The extremely sought-after listing positions franchise manufacturers throughout the U.S. to assist future franchisees make a promising funding.
During the pandemic, Xponential was given the chance to indicate its manufacturers’ perseverance and innovation within the health business. With a robust management group, manufacturers shortly pivoted to supply out of doors and digital exercises and occasions, with some studios even renting out gear to repeatedly interact their members in boutique health. The firm’s methods have confirmed efficient as franchisees recovered to roughly 84% of actively paying members relative to January 31, 2020 membership ranges. With virtually all studios reopened as restrictions proceed to ease, the corporate continues to assist studios as they ramp up operations and serve their members.
Xponential Fitness noticed in depth development over the previous few years, awarding 917 franchise territories and opening 394 new areas in 2019 and 263 franchise territories, and opening 240 new studios in 2020, even on the peak of the coronavirus pandemic. Xponential Fitness has additionally lately introduced partnerships with UnitedHealthCare and a large-scale integration with Apple Watch. Notable current worldwide debuts embody 5 manufacturers in Saudi Arabia, together with Club Pilates, Pure Barre, AKT, YogaSix, and CycleBar; Club Pilates areas in Japan and South Korea; in addition to the primary of many CycleBar studios in Australia. Newly signed franchise agreements may also convey Xponential studios to Germany, Singapore, Spain, and the Dominican Republic.
To view AKT, Row House, StretchLab, and YogaSix within the full high new franchises rating, go to https://www.entrepreneur.com/franchises/topnew. Results may also be seen within the April/May 2021 subject of Entrepreneur, out there on newsstands now. To view Club Pilates, CycleBar, Pure Barre, Row House, StretchLab, and YogaSix within the full fastest-growing rating, go to https://www.entrepreneur.com/franchises/fastestgrowing/2021. For extra details about all Xponential Fitness manufacturers, go to www.xponential.com.
ABOUT XPONENTIAL FITNESS:
Founded in 2017 by Anthony Geisler, Xponential Fitness has constructed and curated a diversified platform of eight disruptive boutique health manufacturers spanning throughout health and wellness verticals – together with Pilates, indoor biking, stretch, rowing, dance, working and yoga. Currently, Xponential Fitness’s portfolio of manufacturers contains Club Pilates, the nation’s largest Pilates model; CycleBar, the nation’s largest indoor biking model; StretchLab, an idea providing one-on-one assisted stretching providers and group stretch providers; Row House, a high-energy, low-impact indoor rowing exercise; AKT, a dance-based cardio exercise combining firming, interval and circuit coaching developed by Celebrity Trainer Anna Kaiser; YogaSix, a contemporary boutique yoga model; Pure Barre, a complete physique exercise that makes use of the ballet barre to carry out small isometric actions; STRIDE, a treadmill-based cardio and energy coaching idea; and most lately Rumble, a boxing-inspired full-body exercise that delivers 45-minute, 10-round, full-body energy and conditioning exercises crafted round specifically designed water-filled, teardrop-style boxing baggage. Visit www.xponential.com to be taught extra.
