Xponential Fitness Signs Multi-Brand Master Franchise Agreement for Mexico
Xponential Fitness, Inc. Class A (XPOF)
Company Research
Source: Business Wire
New Agreement Will Bring StretchLab, Rumble and AKT Studios to Mexico, the 14th country for Xponential Fitness IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, announced today that it has signed a Master Franchise Agreement in Mexico for three of its brands: StretchLab, Rumble and AKT. The agreement provides the Master Franchisee with the opportunity to license at least 60 studios across the three brands to potential franchisees in Mexico over the next 10 years. As of December 31, 2021, Xponential had over 2,100 open studios worldwide, operating in 10 countries and across four continents.The Mexico Master Franchisee is a division of Grupo ITISA, one of Mexico’s largest companies in the infrastructure sector. Grupo ITISA is also involved in the hospitality sector as franchise development partners for Danish furniture store Bo Concept and American family entertainment brand Chuck E. Cheese.“Mexico is the
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- 2/29/24 - Miss
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- 4/19/24 - Form 3
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
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