Majority of Xponential Fitness Brands Ranked on Recent Entrepreneur Lists
Four Brands Ranked as Top New Franchises and Six Brands Ranked as Fastest-Growing Franchises
April 16, 2021 // Franchising.com // IRVINE, Calif. - 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.
“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.
SOURCE Xponential Fitness
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