Xponential has set up essentially a ponzi scheme where they get franchisees to take out home equity loans/ small business loans and hand over the money under the guise of fees,royalties, and shady "approved vendors" who charge 1.5x the market rate and then give kick backs to xponential.
The metrics which these franchises are sold on are not possible. When zero of the locations even hit 50% of the "projected" numbers, you know there is a problem. Corporate is currently grasping for anything possible to blame their failure on. Not only the row house brand. Pure barre is currently going under as well. All have the same model which gets as much money as fast as possible from the franchisee with no real possibility of ever making money. At current location, would have to have an impossible # of members for 8-10 years to even get the initial investment back for one location.
Long story short, do not believe what they tell you and please do not buy an xponetial fitness franchise!
Row House / Xponential Fitness Reviews
Xponential has set up essentially a ponzi scheme where they get franchisees to take out home equity loans/ small business loans and hand over the money under the guise of fees,royalties, and shady "approved vendors" who charge 1.5x the market rate and then give kick backs to xponential.
The metrics which these franchises are sold on are not possible. When zero of the locations even hit 50% of the "projected" numbers, you know there is a problem. Corporate is currently grasping for anything possible to blame their failure on. Not only the row house brand. Pure barre is currently going under as well. All have the same model which gets as much money as fast as possible from the franchisee with no real possibility of ever making money. At current location, would have to have an impossible # of members for 8-10 years to even get the initial investment back for one location.
Long story short, do not believe what they tell you and please do not buy an xponetial fitness franchise!