What Happened To Max Pro After Shark Tank?

Max Pro Fitness, a portable full-body exercise cable machine, was founded by Nezar Akeel in 2019 in Rochester, Michigan, United States. Nezar appeared on Shark Tank Season 13 Episode 9, seeking $500,000 in exchange for 2.5% equity in his company.

Max Pro Fitness operates within the wellness and fitness services industry, offering a portable fitness product designed for full-body exercises.

This compact resistance cable machine serves as a versatile substitute for traditional gym and workout equipment.

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Who Is The Founder Of Max Pro?

Nezar Akeel is the Founder and CEO of Max Pro Fitness Company. He pursued an MS in Engineering Management from Rensselaer Polytechnic Institute and gained experience at notable companies like N&N International and International Automotive Components before starting his own venture.

Since 2016, Nezar has served as the Chairman and CEO of JPTech – Japan Plastics Technologies, a company he has led for five years.

In 2019, he launched Max Pro Fitness Company, which gained recognition after being featured 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 in exchange for 2.5% equity in his company.

Daymond John #1 was impressed by the product’s rapid sales and offered $500,000 for 25% until $500,000 is recouped, then 4% equity.

Kevin O’Leary did not see potential in the product due to market saturation and declined to invest.

Mark Cuban expressed strong interest, offering $500,000 for 3% equity plus 5% advisory shares over 5 years.

Lori Greiner liked the business but recommended Nezar accept Mark’s offer, considering it very favorable.

Daymond John #2 did not make another offer and opted out.

Ultimately, Nezar Akeel accepted Mark Cuban’s offer of $500,000 for 3% equity and 5% advisory shares over 5 years.

What Happened To Max Pro Fitness After The Shark Tank?

Max Pro Fitness has experienced rapid growth since its inception, with sales increasing significantly every year, especially after appearing on Shark Tank.

Before Shark Tank, their fitness app had 3,000 active users, which has since grown to over 10,000 users.

Mark Cuban’s investment and strategic guidance have contributed to the company’s growth, particularly in marketing strategies. They have received positive feedback from customers, especially regarding their user-friendly coaching app, available in both free and premium versions.

Since the Shark Tank episode aired, Max Pro Fitness has seen a notable increase in sales, including purchases of their coaching app. New features such as workout videos and guides for the “MAXPRO SlimLine Wall Track” have been added to enhance user experience.

As of December 2022, there is no indication that Mark has withdrawn from the deal. In 2021, the company achieved revenues of $10 million, and their projected revenue for 2022 is estimated to reach $13 million.

What Is Max Pro Net Worth?

After receiving funding from Shark Tank, Max Pro Fitness is now valued at $16 million. The company has continued to grow significantly over the years, with many customers integrating its products into their daily workout routines. We anticipate that by 2024, Max Pro Fitness will surpass annual sales of $20 million.

As of December 2022, the company has shown impressive growth, and we expect this trend to continue, especially during the winter season.

Yes, Max Pro Fitness is still in business as of July 2024.

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