Max Pro Fitness, a portable full-body exercise cable machine, was founded by Nezar Akeel in 2019 in Rochester, Michigan. The company appeared on Shark Tank Season 13, Episode 9, where Nezar sought $500,000 for a 2.5% equity stake in the business.
Operating within the wellness and fitness services industry, Max Pro Fitness offers a compact resistance cable machine designed as a versatile alternative to traditional gym equipment.
| Company Name | Max Pro Fitness |
| Founder | Nezar Akeel |
| Founded | 2018 |
| Product | Portable resistance band machine |
| Asked For | $500k for 2.5% Equity |
| Final Deal | $500k for 3% Equity + 5% advisory shares over 5 years |
| Shark | Mark Cuban |
| Episode (Shark Tank USA) | S13 E9 |
| Air Date | Dec 17, 2021 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Rochester, Michigan, United States |
| Lifetime Worth (Sales) | $2M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
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Who Is The Founder Of Max Pro?
Nezar Akeel is the Founder and CEO of Max Pro Fitness. He holds an MS in Engineering Management from Rensselaer Polytechnic Institute and has accumulated experience at companies such as N&N International and International Automotive Components.
Since 2016, Nezar has also served as the Chairman and CEO of JPTech – Japan Plastics Technologies. He launched Max Pro Fitness in 2019, and the company gained significant recognition after appearing on Shark Tank.
How Was The Shark Tank Pitch Of Max Pro?
Nezar Akeel, founder of Max Pro Fitness, appeared on Shark Tank seeking $500,000 for 2.5% equity.
Daymond John initially offered $500,000 for 25% equity until the amount was recouped, after which he would take 4% equity.
Kevin O’Leary declined, citing market saturation. Mark Cuban offered $500,000 for 3% equity plus 5% advisory shares over five years.
Lori Greiner endorsed Mark Cuban’s offer as very favorable. Daymond John did not make a subsequent offer and opted out.
Nezar ultimately accepted Mark Cuban’s offer of $500,000 for 3% equity and 5% advisory shares over five years.
What Happened To Max Pro Fitness After The Shark Tank?
Since its appearance on Shark Tank, Max Pro Fitness has experienced rapid growth, driven significantly by Mark Cuban’s investment and strategic guidance. Before the show, their fitness app had 3,000 active users, which has since surged to over 10,000.
Mark Cuban’s support has been pivotal, particularly in refining marketing strategies. The company has received positive feedback for its user-friendly coaching app, which offers both free and premium versions.
New features, including workout videos and guides for the “MAXPRO SlimLine Wall Track,” have been added to enhance the user experience.
Sales have seen a notable increase since the episode aired, including the coaching app’s sales.
As of December 2022, there are no indications that Mark Cuban has withdrawn from the deal. The company achieved $10 million in revenue in 2021, with projections estimating $13 million for 2022.
What Is Max Pro Net Worth?
After securing funding from Shark Tank, Max Pro Fitness’s valuation has soared to $16 million. The company’s growth has been substantial, with many customers incorporating its products into their daily workout routines. Looking ahead, Max Pro Fitness is projected to exceed annual sales of $20 million by 2024.
As of December 2022, the company has demonstrated impressive growth, and this positive trend is expected to continue, particularly through the winter season.
Yes, Max Pro Fitness is still in business as of July 2024.
frequently asked questions
Did MAXPRO get a deal on Shark Tank?
Yes, Maxpro got a deal on Shark Tank, Mark Cuban invested in this business.
Who owns Maxpro fitness?
The owner of Maxpro Fitness Comapny is Nezar Akeel.
How much is MAXPRO Fitness worth?
MaxPro Fitness is worth $16 million.
