Club Pilates Signs Multi-Unit Franchisee Agreements With David Schuck

by Shivani Kumaresan, Benzinga Staff Writer

October 6, 2021 1:03 PM | 1 min read | Make a Comment

Xponential Fitness Inc XPOF brand Club Pilates has signed a multi-unit, multi-regional franchise agreement with entrepreneur and existing franchise owner David Schuck. The financial terms of the deal were not disclosed.
The agreement will expand the Pilates brand's presence further in Houston, Dallas, and Central Florida.
Under the deal, Schuck has acquired 13 open Club Pilates studios and licenses to open 16 additional studios.
The deal brings Schuck's total number of open Club Pilates studios to 20. Schuck first signed a franchise agreement with Club Pilates in August 2016.
Price Action: XPOF shares are trading lower by 3.03% at $12.5 on the last check Wednesday.

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