Xponential Fitness Signs Master Franchise Agreement in Japan for Rumble and AKT

IRVINE, Calif.–(BUSINESS WIRE)–Xponential Fitness, Inc. (NYSE: XPOF), the most important world franchisor of boutique health manufacturers, introduced right this moment it has signed a Master Franchise Agreement in Japan for Rumble and AKT. The settlement was signed with Wellness X Asia, Xponential’s present Master Franchise Partner in Japan for Club Pilates and CycleBar. Wellness X Asia (previously Club Pilates Japan Co. Ltd.) will now be liable for the country-wide growth of Rumble and AKT, along with Club Pilates and CycleBar. The settlement gives the Master Franchise Partner with the chance to license a minimal of 100 new studios over the following 8 years, throughout the 2 manufacturers.

Wellness X Asia is led by Japanese entrepreneur Naoki Shimabukuro who can be the Founder of the franchise advertising and marketing company, Idealink Co. Ltd., in Japan and Singapore, which assists franchisors in producing potential franchise associate leads. Shimabukuro acquired the Master Franchise rights for Club Pilates in 2019, which marked Xponential’s first worldwide settlement. Now with 30 territories bought and 14 Club Pilates studios open in Japan, Wellness X Asia’s first CycleBar studio will open in early 2023, adopted by its first Rumble and AKT studios anticipated to open in late 2023.

“The Japanese market is prepared for world-class boutique health choices like Rumble and AKT, and we’re excited to ramp up our development on this strategically vital market,” stated John Kersh, Chief International Development Officer of Xponential Fitness. “Naoki and the Wellness X Asia staff have carried out an impressive job creating Club Pilates in Japan, and we’re assured they are going to have equal success with Rumble, AKT and CycleBar.”

“We are thrilled to have the possibility to ship the state-of-the-art Rumble and AKT experiences to Japanese shoppers within the years forward,” says Naoki Shimabukuro, CEO of Wellness X Asia. “Our big selection of franchise choices, together with Club Pilates and CycleBar, adopted now by Rumble and AKT, will present a number of paths for speedy studio growth in Japan to the extremely motivated, fitness-focused client group.”

Following Xponential Fitness’ acquisition of Rumble in 2021 and its profitable franchise rollout within the United States, Xponential has since signed worldwide growth agreements for Rumble in Australia, the Dominican Republic, Mexico, New Zealand and Kuwait, the place studios are both at present open or in growth. AKT can even debut in Mexico within the early a part of 2023, following a grasp franchise settlement introduced in May 2022. In addition to the U.S. and Canada, Xponential has grasp franchise or worldwide growth agreements in 14 nations in Europe, the Middle East, Asia-Pacific, and Latin America.

In addition to Club Pilates, CycleBar, Rumble and AKT, Xponential Fitness manufacturers embody Pure Barre, StretchLab, Row House, YogaSix, BFT, and STRIDE Fitness. For extra details about Xponential Fitness and every of its boutique health manufacturers, go to www.xponential.com.

For extra details about proudly owning a Rumble franchise, go to www.rumbleboxinggym.com/franchise.

For extra details about proudly owning an AKT franchise, go to www.theakt.com/franchise.

ABOUT RUMBLE:

Founded in New York City in 2017, Rumble is a gaggle health idea delivering a mixture of boxing-inspired circuits and the transformative energy of resistance coaching. Pro and newbie fighters glove up collectively, regardless of their health stage or ability, to disclose their inside fighter. The expertise is a 45-minute, 10-round, full-body cardio and power exercise crafted round specifically designed water-filled, teardrop-style boxing luggage. Rumble was based by Noah Neiman (former Barry’s Bootcamp Master Trainer, and forged member of Bravo’s Work Out New York), Eugene Remm (Co-Founder of Catch Hospitality Group (Catch Restaurants, CATCH STEAK, Lexington Brass), Andy Stenzler (Co-Founder Cosí, Kidville), and Anthony DiMarco (13-time IRONMAN, former Managing Director, Google). Rumble is headquartered in Irvine, CA and backed by Xponential Fitness, the most important franchisor of boutique health manufacturers. For extra data, go to www.rumbleboxinggym.com.

ABOUT AKT:

Founded in 2013, AKT is a full-body exercise that mixes cardio dance intervals with power and firming, that are efficient and accessible for all health ranges. AKT is fueled by positivity and the assumption that motion has a strong, lasting impression. With 4 signature class codecs together with dance-based, cardio and power circuits, power coaching intervals and firming, AKT is designed to push prospects to sweat, dance and burn energy in a high-energy environment. Ranked on Entrepreneur Magazine’s Top New Franchises two years operating, AKT is headquartered in Irvine, California and backed by Xponential Fitness, the most important franchisor of boutique health manufacturers. To be taught extra about AKT, go to www.theakt.com.

ABOUT XPONENTIAL FITNESS:

Xponential Fitness, Inc. (NYSE: XPOF) is the most important 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, purposeful coaching and yoga. In partnership with its franchisees, Xponential provides energetic, accessible, and customized exercise experiences led by extremely certified instructors in studio areas throughout 48 U.S. states and Canada, and thru grasp franchise or worldwide growth agreements in 14 further nations. Xponential Fitness’ portfolio of manufacturers contains Club Pilates, the nation’s largest Pilates model; CycleBar, the nation’s largest indoor biking model; StretchLab, the most important assisted stretching model within the United States; Row House, a high-energy, low-impact indoor rowing exercise; AKT, a dance-based cardio exercise combining firming, interval and circuit coaching; YogaSix, the most important franchised 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 power coaching idea; Rumble, a boxing-inspired full-body exercise; and BFT, a purposeful coaching, and strength-based program. For extra data, please go to the Company’s web site at https://xponential.com.

Forward-Looking Statements

This press launch comprises forward-looking statements which can be based mostly on present expectations, estimates, forecasts and projections based mostly on administration’s judgment, beliefs, present developments, and anticipated efficiency. Such ahead trying statements embody, however are usually not restricted to, statements regarding the anticipated variety of studio openings below the grasp franchise settlement and the expansion of the Japanese market. Forward-looking statements contain dangers and uncertainties that will trigger precise outcomes to vary materially from these contained within the forward-looking statements. These elements embody, however are usually not restricted to, the timing of anticipated studio openings in Japan and Mexico, impression of the COVID-19 pandemic on our enterprise and franchisees; {our relationships} with grasp franchisees and franchisees; difficulties and challenges in opening studios by franchisees; the power of franchisees to generate enough revenues; dangers regarding growth into worldwide markets; lack of fame and model consciousness; materials weak point in our inner management over monetary reporting; and different dangers as described in our SEC filings, together with our Annual Report on Form 10-Ok for the total 12 months ended December 31, 2021 filed by Xponential Fitness with the SEC and different periodic studies filed with the SEC. Other unknown or unpredictable elements or underlying assumptions subsequently proving to be incorrect might trigger precise outcomes to vary materially from these within the forward-looking statements. Although we imagine that the expectations mirrored within the forward-looking statements are cheap, we can’t assure future outcomes, stage of exercise, efficiency, or achievements. You shouldn’t place undue reliance on these forward-looking statements. All data supplied on this press launch is as of right this moment’s date, until in any other case acknowledged, and Xponential Fitness undertakes no responsibility to replace such data, besides as required below relevant regulation.