Max Pro Fitness is a portable full-body exercise cable machine, this company was started in 2019 in Rochester, Michigan, United States. Max Pro founder Nezar Akeel after appearing in Shark Tank Season 13 Episode 9 asked for $500,000 in exchange for 2.5% equity of his company.
Max Pro Fitness comes in the wellness and fitness services industry, this portable fitness product of theirs does full-body exercise.
This portable, resistance cable machine serves as a replacement for gym and other workout equipment.
There are many people who go to their work but they do not find time to do something for their fitness in their daily life.
While coming home from work, he does not know that he can get enough time that he can overcome the fatigue of his work by doing workouts.
This Portable Cable Machine solves this kind of problem so you can easily complement your daily workout routine in a small space without going GYM.
The idea of the Maxpro product came to the founder when Nezar was traveling for his business so he missed his workout.
Founder Nezar has been exercising in daily life for a long time. he has been working out since he was a soccer player at Eastern Michigan University.
To complete the daily workout routine, he searched for a portable fitness system but he did not get success in it. Nezar is an engineer, he made a special product to solve his problem.
What Is Max Pro Fitness?
Max Pro Fitness is a company that designed portable, resistance cable machines. Through this Max Pro, you can work out in travel, office, or any place.
This product is portable and helps you to do this full-body exercise. A power clutch system has been used in making this product and its cable is 15 times stronger than steel.
The base of the Max Pro Fitness product is made of aerospace-grade aluminum and impact-resistant plastic. In this, you get workout handles, ankle/wrist straps, a door mount, and a USB charger.
Its cable is used with a fiber blade, it is used in bullet-proof vests and it has a break strength of 1000 pounds.
This cable is easily adjusted, it has an exclusive lock system and it can move easily in any direction. MaxPro comes with a coaching app that is your personal trainer, in which you get professional trainers and 200 customized exercises.
You can track the real-time feedback on reps, time, heart rate, velocity, and power after connecting the coaching app with the cable machine’s Bluetooth.
|Company Name||Max Pro Fitness|
|Product||Portable resistance band machine|
|Asked For||$500,000 for 2.5% Equity|
|Final Deal||$500,000 for 3% Equity + 5% advisory shares over 5 years|
|Episode (Shark Tank USA)||Season 13 Episode 9|
|Air Date||Dec 17, 2021|
|Business Status||In Business|
|Headquarters||Rochester, Michigan, United States|
|Go To Amazon||Buy Now|
Another Shark Tank Pitch
Who Is The Founder Of Max Pro?
Nezar Akeel is the Founder and CEO of Max Pro Fitness Company. He worked in many companies after completing his MS, in Engineering Management from Rensselaer Polytechnic Institute.
Before starting his company, he worked in a very large post at N&N International, International Automotive Components.
Since 2016, he is the Chairman / CEO of JPTech – Japan Plastics Technologies, this company has been running for 5 years.
In 2019, he started Maxpro Fitness Company, which has also been featured in Shark Tank.
Max Pro Fitness Before Shark Tank
Max Pro Fitness ran a Kickstarter campaign in May 2019, raising a total run of $213,676. It starts at $879. Similar to many home game machines like Bowflex or NordicTrac, it costs more.
In July 2020, this company generated sales of $4 million. It generated sales of $8 million in the middle of 2021 and generated $12 million in sales after the completion of the year.
The making cost of this product is $205, to which he adds $20 shipping and it sells for a total of $879. Its cash flow is going positive, every day 3000 users use its app.
In 2019, he had generated a profit of $50,000, but by the time of 2020, his profit increased many times.
10,000 units of Maxpro have been sold in 50 states and 56 countries, generating $10 million in revenue.
How Was The Shark Tank Pitch Of Max Pro?
Nezar Akeel, the founder of Max Pro Fitness, asked for $500,000 in Shark Tank in exchange for 2.5% equity in his company.
Daymond John #1: Daymond liked this product a lot as it generated a good amount of sales in a short span of time. His offer was $500K for 25% per unti until $500K is paid, then 4% equity.
Didn’t Get the Deal
Kevin O’Leary: Kevin did not like this product and the business idea of the founder as there are many companies already in this business. So Kevin is out of this offer.
Out of Deals
Mark Cuban: Mark liked this business very much and showed interest in it that he would invest in it. So his offer was $500,000 for 3% + 5% advisory shares over 5 years.
Lori Greiner: Lori likes this business but says that Mark’s offer is very good, this founder should take it.
Daymond John #2: He said that the offer he had given is over now, so he is getting out of this offer.
Out of Deals
Finalize: Mark Cuban invests $500K in “Max Pro Fitness” for 3% Equity + 5% Advisory Shares over 5 years.
What Happened To Max Pro Fitness After The Shark Tank?
Max Pro was growing very fast right from its inception, every year its sales rates used to increase manifold. So after Shark Tank, it’s increasing a lot.
Before Shark Tank, his fitness app was used by every don 3000 active users, now it has become more than 10,000.
The sales of their products are growing very fast every year, Shark Mark has helped this company to grow and its marketing strategy.
They are getting a lot of positive feedback from their customers. Their coaching app is user-friendly, it comes in both free and premium versions.
Max Pro Shark Tank Update
Max Pro Fitness Company succeeded in taking investment in Shark Tank. Mark invested in this company. After this Shark Tank episode aired, the sales rate of this company has increased to some extent. Many people also purchased his coaching app.
Many new features have been added to the coaching app such as workout videos, how to workout with “MAXPRO SlimLine Wall Track”.
As of December 2022, no evidence has been found to show that Mark has closed the deal. In 2021, this company’s revenue had become $10 million. In 2022, this company’s annual revenue will be estimated at $13 million.
Where Can You Buy Max Pro Fitness?
Without going to GYM you can do full-body workouts at home without buying expansive workout equipment by investing just $879 in the Max Pro fitness product.
The product comes in 3 variants SmartConnect, The Elite Bundle, and Deluxe Cable Gym Setup. So you can buy any one of them. The coaching app is available for free with this product, through which users can track their workout status.
You will get this product with a good discount on the Amazon site, you can buy it now, its link is given below. Amazon is getting this product at a good discount for $799.
What Is Max Pro Net Worth?
Max Pro Fitness is worth $16 million after receiving funding from Shark Tank. So in a few years, it has grown even more. Many people have bought this product to complete their daily workout routine. We expect it to have crossed its annual sales of $20 million by 2024.
In December 2022, according to our estimate, this company would have grown very well. We estimate that the growth of this business will increase during the winter season.
Is Max Pro Still In Business?
Max Pro It is running in May 2022 as well and is growing very fast. This company started in 2019 and generated $50,000 in profit in the same year.
It would not be wrong to call this company the Fastest Growing Company. More than 50 employees work in this company.
It has become a successful wellness and fitness services company with more than 10,000 customers joining it every year.
In 2020, he received the Computer Electronic Show’s “Best of Innovation” award in the Health and Fitness category.
Yes, Max Pro Fitness is still in business as of December 2022.
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.