IRVINE, Calif.–(BUSINESS WIRE)–Xponential Fitness, Inc. (NYSE: XPOF), the biggest world franchisor of boutique health manufacturers, introduced right now it has signed a Master Franchise Agreement in Japan for CycleBar, the world’s largest indoor biking model. The settlement, signed with Xponential’s Master Franchisee for Club Pilates in Japan, provides the Master Franchisee the chance to license at the very least 30 CycleBar studios in Japan over the following 10 years. It follows current bulletins of latest grasp franchise agreements by Xponential Fitness for the UK and Mexico. The new studios will broaden CycleBar’s worldwide footprint exterior of North America to a few international locations, following Master Franchise Agreements in Australia and New Zealand. The first CycleBar studio in Japan is predicted to open in 2023.
The Master Franchisee for CycleBar in Japan is entrepreneur Naoki Shimabukuro, CEO of Club Pilates Japan Co. Ltd. In addition to his function as Master Franchisee for CycleBar and Club Pilates, Shimabukuro is the Founder of Idealink Corporation, an web media and franchise advertising and marketing company, and was the organizer of the 2016 International Franchise Expo in Tokyo. The addition of CycleBar will broaden on Shimabukuro’s present footprint within the Japanese market the place Club Pilates has eight studios open and several other extra slated to open by the tip of 2022.
“Japan is among the many world’s prime ten health markets, and we’re assured that CycleBar will turn into one of many nation’s prime boutique health manufacturers below Naoki’s management,” stated John Kersh, Chief International Development Officer of Xponential Fitness. “His early success with Club Pilates is a testomony to the rising enthusiasm for boutique health from Japanese shoppers.”
“The timing is great for us to carry the immersive expertise of CycleBar to Japan,” stated Shimabukuro. “Japanese prospects have an rising curiosity in health and dedication to their well being, and are looking for new and progressive choices for his or her exercise routines like CycleBar. Our workforce’s aim is to construct CycleBar and Club Pilates into probably the most acknowledged and in style boutique health manufacturers in Japan.”
In 2020, CycleBar signed a grasp franchise settlement for Australia, its first step exterior North America, the place the model now has six studios in operation. That settlement was subsequently expanded to incorporate New Zealand the place the primary studios are anticipated to open in 2023. CycleBar is backed by Xponential Fitness, the biggest world franchisor of boutique health manufacturers together with Pure Barre, Club Pilates, StretchLab, Row House, YogaSix, AKT, Rumble, BFT, and STRIDE.
For extra details about proudly owning a CycleBar franchise, go to www.cyclebar.com/franchise.
Founded in 2004, CycleBar is the biggest indoor biking model by variety of studios and gives quite a lot of low-impact, high-intensity indoor biking exercises, that are inclusive of all health ranges. CycleBar gives an immersive, multi-sensory expertise in state-of-the-art “CycleTheaters,” led by specifically educated instructors, enhanced with high-energy “CycleBeats” playlists and tracked utilizing rider-specific “CycleStat” efficiency metrics. Ranked on Entrepreneur Magazine’s Franchise 500 4 years operating, Fastest-Growing Franchises in 2021 in addition to Inc. Magazine’s Inc. 5000 in 2020, CycleBar is headquartered in Irvine, CA and backed by Xponential Fitness, the biggest franchisor of boutique health manufacturers. To be taught extra about CycleBar, go to www.cyclebar.com.
ABOUT XPONENTIAL FITNESS:
Xponential Fitness, Inc. (NYSE: XPOF) is the biggest world franchisor of boutique health manufacturers. Through its mission to make boutique health accessible to everybody, the Company operates a diversified platform of ten manufacturers spanning throughout verticals together with Pilates, indoor biking, barre, stretching, rowing, dancing, boxing, operating, useful coaching and yoga. In partnership with its franchisees, Xponential Fitness gives energetic, accessible, and personalised exercise experiences led by extremely certified instructors in studio places throughout 48 U.S. states and Canada, and thru grasp franchise or worldwide growth agreements in 12 further international locations. Xponential Fitness’ portfolio of manufacturers contains Club Pilates, the biggest Pilates model within the United States; CycleBar, the biggest indoor biking model within the United States; StretchLab, an idea providing one-on-one and group stretching providers; Row House, the biggest franchised indoor rowing model within the United States; AKT, a dance-based cardio exercise combining firming, interval and circuit coaching; YogaSix, the biggest franchised yoga model within the United States; Pure Barre, a complete physique exercise that makes use of the ballet barre to carry out small isometric actions, and the biggest Barre model within the United States; STRIDE, a treadmill-based cardio and power coaching idea; Rumble, a boxing-inspired full-body exercise; and BFT, a useful coaching and strength-based program. For extra info, please go to the Company’s web site at https://xponential.com.