Four Xponential Fitness Brands Land on Entrepreneur’s 2022 Franchise 500
Posted: January 6, 2022 in Chains
Xponential Fitness
IRVINE, CA – Xponential Fitness, Inc. (NYSE: XPOF) (“Xponential” or “the Company”), a curator of leading boutique fitness brands, has announced that four of its brands have been ranked on Entrepreneur magazine’s coveted 2022 Franchise 500 list following another year of impressive unit growth, financial strength and stability as well as brand power. Club Pilates, Pure Barre and CycleBar all reappear on the list this year at numbers 165, 222, and 496 respectively, while sister brand StretchLab made its debut at 498 rounding out the top 500. In addition to the overall ranking, Club Pilates, StretchLab and Pure Barre lead their respective modalities – Pilates, barre and assisted stretching – as No. 1 in their category.
“It’s an honor to have four of our exceptional brands ranked on Entrepreneur’s 2022 Franchise 500®, exemplifying the strength and resilience of our franchise partners and the premium fitness and wellness offerings their studios provide to members,” said Sarah Luna, President of Xponential Fitness. “The strong presence of our brands on this list again shows that boutique fitness is here to stay and we are confident Xponential will continue to be the industry leader.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace in light of the pandemic i.e. mergers and acquisitions, closures, and non-traditional growth channels, the company’s 43-year-old ranking formula continues to evolve. Each franchise is researched and assessed based on several factors including costs and fees, size and growth, support, brand strength, and financial strength and stability. A franchise is then given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
As the fitness industry rebounded in 2021 following the pandemic, Xponential’s brands – which also include YogaSix, Row House, AKT, STRIDE, Rumble and BFT – continue to lead the boutique fitness industry with over 2,000 studios open globally.
