BXNG Club Seeks $2M for LA Expansion, More
The upscale San Diego brand has has set out to become the leader in the combat-sports fitness space
The BXNG Club, a San Diego-based chain of luxury combat-based fitness clubs, has initiated a funding round with the hopes of securing $2 million to advance its strategic expansion plans.
Adding to its four San Diego locations, a high-design facility in the Arts District of Los Angeles is slated to open in the second half of this year, complete with two boxing rings, 50-plus heavy bags and specialty bags, a tailored grappling area, a functional training space with Olympic lifting platforms, a weight room and a cardio deck.
A wide range of 45-minute fitness classes are available, including boxing, Muay Thai, Jiu-Jitsu, kickboxing, cycling, yoga and cardio and strength workouts. Clients will have access to upscale locker rooms, saunas, towel service, and an exclusive members lounge. The brand also offers one-on-one personal training.
An early bird membership is available for the LA-based club at $139/month or $1,399 for a founding member annual membership.
“BXNG and Los Angeles are made for each other —- we are bringing our innovative fitness concept, an unmatched level of coaching and a focus on member experience while LA brings unparalleled fitness-focused culture,” said CEO Artem Sharoshkin, who was named CEO of The Year by San Diego Business Journal. “Together, we will create a chemistry for success,”
Sharoshkin has had an interesting journey, from an 18-year-old taking a kickboxing class to joining as an employee, working his way up the ladder at what was once known as The Boxing Club. By 2014, Sharoshkin had become the owner and rebranded The Boxing Club to The BXNG Club, telling The San Diego Tribune in 2022 that he has ambitions to grow the brand nationally.
The BXNG Club says it’s pursuing aggressive expansion that includes locating spaces with existing infrastructure, negotiating creative leases with landlords impacted by COVID-19 and sourcing under-market-value real estate deals.
A limited number of equity investments are available to accredited investors, with a minimum investment of $50,000. All-access memberships are included for investors, including discounts on personal training and branded apparel.
