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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 leading boutique fitness brands across nine different verticals, announced today that four of the company’s brands have ranked on Entrepreneur Magazine’s annual Top New Franchises list, featuring 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 also appeared in Entrepreneur Magazine’s Fastest-Growing Franchises list, as well as three other Xponential brands. The brands recognized were 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 ranking identifies franchises’ ability to leverage their ability to scale quickly across the globe.
“It is an honor to have a significant presence on Entrepreneur’s lists, exemplifying our brands’ hard work to stay strong during the COVID19 pandemic,” said Sarah Luna, President of Xponential Fitness. “Our owners and members understand the positive impact of boutique fitness has on our communities, and it’s incredible to see not just one of our brands ranked, but the majority of them.”
Entrepreneur Magazine’s annual Top New Franchises list ranks brands that have been franchising for five years or less. The ranking is based on each franchise’s score received in Entrepreneur’s Franchise 500 list that includes analysis on the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. The highly sought-after list positions franchise brands across the U.S. to help future franchisees make a promising investment.
During the pandemic, Xponential was given the opportunity to show its brands’ perseverance and innovation in the fitness industry. With a powerful leadership team, brands quickly pivoted to offer outdoor and virtual workouts and events, with some studios even renting out equipment to continuously engage their members in boutique fitness. The company’s strategies have proven effective as franchisees recovered to approximately 84% of actively paying members relative to January 31, 2020 membership levels. With almost all studios reopened as restrictions continue to ease, the company continues to support studios as they ramp up operations and serve their members.
Xponential Fitness saw extensive growth over the past few years, awarding 917 franchise territories and opening 394 new locations in 2019 and 263 franchise territories, and opening 240 new studios in 2020, even at the height of the coronavirus pandemic. Xponential Fitness has also recently announced partnerships with UnitedHealthCare and a large-scale integration with Apple Watch. Notable recent international debuts include five brands in Saudi Arabia, including Club Pilates, Pure Barre, AKT, YogaSix, and CycleBar; Club Pilates locations in Japan and South Korea; as well as the first of many CycleBar studios in Australia. Newly signed franchise agreements will also bring Xponential studios to Germany, Singapore, Spain, and the Dominican Republic.
To view AKT, Row House, StretchLab, and YogaSix in the full top new franchises ranking, visit https://www.entrepreneur.com/franchises/topnew. Results can also be seen in the April/May 2021 issue of Entrepreneur, available on newsstands now. To view Club Pilates, CycleBar, Pure Barre, Row House, StretchLab, and YogaSix in the full fastest-growing ranking, visit https://www.entrepreneur.com/franchises/fastestgrowing/2021. For more information about all Xponential Fitness brands, visit www.xponential.com.
ABOUT XPONENTIAL FITNESS:
Founded in 2017 by Anthony Geisler, Xponential Fitness has built and curated a diversified platform of eight disruptive boutique fitness brands spanning across fitness and wellness verticals - including Pilates, indoor cycling, stretch, rowing, dance, running and yoga. Currently, Xponential Fitness's portfolio of brands includes Club Pilates, the nation's largest Pilates brand; CycleBar, the nation's largest indoor cycling brand; StretchLab, a concept offering one-on-one assisted stretching services and group stretch services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training developed by Celebrity Trainer Anna Kaiser; YogaSix, a modern boutique yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; STRIDE, a treadmill-based cardio and strength training concept; and most recently Rumble, a boxing-inspired full-body workout that delivers 45-minute, 10-round, full-body strength and conditioning workouts crafted around specially designed water-filled, teardrop-style boxing bags. Visit www.xponential.com to learn more.