Max Pro Fitness

What Happened To The Max Pro After Shark Tank?

By

Max Pro Fitness is a portable full-body exercise cable machine. The firm was introduced in 2019 in Rochester, Michigan, United States.

The founder of Max Pro, Nezar Akeel after appearing in Shark Tank Season 13 Episode 9 appealed to the shares for an investment of $500,000 in exchange for a 2.5% equity stake in his company.

Max Pro Fitness comes into the wellness and fitness services industry, this portable fitness product of theirs does full-body exercise.

This portable, resistance cable machine works as a substitute for gym and other workout equipment. Many people go to their work but they do not get time to do something for their fitness in their daily life.

When coming home from work, he does not know that he can get adequate time so that he can overcome the fatigue of his work by doing workouts. This Portable Cable Machine is a solution to this kind of problem. So you can easily complement your daily workout routine in a small space without going GYM.

The founder of Max Pro product, Nezar came up with the idea when he was travelling for his business for which he missed his workout.

Inventor 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 finish the daily workout routine, he looked for a portable fitness system but he was unable to get success in it. Nezar is an engineer, he made a special product to fix his issue.

The founder came up on Shark Tank seeking funds so that he could develop his business. Shark Tank, the popular reality TV show, has been a launchpad for innumerable innovative products and successful businesses. Among these, Max Pro stands out as a shining instance of entrepreneurial success.

This article delves into the journey of Max Pro, exploring its origins, the Shark Tank experience, and its subsequent growth in the market.

Also Read: What Happened To The Fizzics Beer After Shark Tank

The inception of Max Pro

Max Pro Fitness is a firm that is popular for designing portable, resistance cable machines. Through this Max Pro, you can work out in travel, office, or any place.

This product is movable and enables you to do this full-body exercise. A power clutch system has been used in creating this product and its cable is 15 times more powerful than steel.

The base of the Max Pro Fitness product is made of aerospace-grade aluminium and impact-resistant plastic. You will get workout handles, ankle/wrist straps, a door mount, and a USB charger in this.

Its cable is used with a fibre blade, it is used in bullet-proof vests and it has a break resilience of 1000 pounds.

This cable is smoothly adjusted as it has an exclusive lock system. Furthermore, it can move easily in any direction. MaxPro comes with a coaching app that is your trainer, in which you get professional trainers and 200 customized exercises.

You can follow the real-time feedback on reps, time, heart rate, velocity, and power after connecting the coaching app with the Bluetooth of the cable machine.

Also read: What Happened To The FunBites After Shark Tank

Founder Story

Nezar Akeel is the inventor as well as the CEO of Max Pro Fitness Company. He worked in multiple companies after finishing his MS, in Engineering Management from Rensselaer Polytechnic Institute.

Before commencing his company, he served in a very large post at N&N International, International Automotive Components. Since 2016, he has been the Chairman / CEO of JPTech – Japan Plastics Technologies, this company has been running for many years.

In 2019, he began Maxpro Fitness Company, which has also been represented on Shark Tank.

Also Read: What Happened To FlunkkOFF After Shark Tank

How Was Max Pro Fitness Going Before Appearing OnShark Tank?

In May 2019, Max Pro Fitness drove a Kickstarter campaign and managed to raise a total sum of $213,676. It begins at $879. In comparison to many home game machines like Bowflex or NordicTrack, it costs more.

In July 2020, this company managed to generate $4 million in sales. It generated sales of $8 million in the middle of 2021 and generated $12 million in sales after the completion of the year.

The manufacturing cost of this product is $205, to which he puts in $20 shipping and the sling price of the product is $879. The cash flow of the company is going smoothly. Almost 3000 users use the app every day.

In 2019, he managed to generate $50,000 in profit, but by the time of 2020, his profit was boosted many times.

10,000 units of Maxpro have been sold in 50 states and 56 countries, which generated $10 million in revenue.

Also Read: What Happened to Rethink App After Shark Tank

Max Pro Fitness: The Shark Tank Pitch

Max Pro After Shark Tank

The founder of Max Pro, Nezar Akeel grabbed the attention of the Sharks with his innovative approach and unique selling proposition of his business. Nezar Akeel came up on Shark Tank with his product Max Pro Fitness in hand. He intended to display the sharks how portable and effective his product is.

He also claimed that the MAXPRO Fitness is not a simple toy that could replace other workout exercise equipment, but a complex device that needs to be operated using an app.

He stepped into the Shark Tank show seeking an investment of  $500,000 in exchange for 2.5% equity in his company.

Although the sharks appeared to be interested, the pitch was met with several challenges from the Sharks, leading to a negotiated deal with Mark Cuban.

Also read: What Happened to Charli Chair After Shark Tank

Negotiation & Deal

The founder of Max Pro Fitness, Nezar Akeel, appealed to the sharks for an investment of $500,000 in exchange for a 2.5% equity stake in his company, Max Pro. Here is a detailed description of what the Sharks said after hearing the presentation of Nezar Akeel.

Daymond John #1: Daymond appreciated this product a lot as it managed to generate a good amount of sales in a short time. He was ready to invest $500K in exchange for a 25% per unit until $500K was paid, then 4% equity in the business.

Kevin O’Leary: Kevin did not appreciate this product as well as the business idea of ​​the founder at all as there were a lot of companies available already in this business. So Kevin went out of this deal.

Mark Cuban: Mark appreciated this business very much. He expressed his interest in it and said that he was ready to invest in it. So he made an offer of $500,000 for a 3% stake in the business along with 5% advisory shares over 5 years.

Lori Greiner: Lori appreciated this business but said that Mark’s proposal was very good and this founder should accept it.

Daymond John #2: Daymond John said that the offer he had given is over now. That is why he was getting out of this deal.

Also Read: What Happened To Liberate After Shark Tank

Deal with the Sharks

The founder of Max Pro Fitness finally secured a deal with Mark Cuban who invested  $500K in Max Pro Fitness for 3% Equity along with 5% Advisory Shares over 5 years. The partnership supplied not only economic backing but also useful mentorship and strategic guidance to drive Max Pro to new heights.

Max Pro Fitness: Post-Shark Tank Success

After its appearance on Shark Tank, Max Pro faced a remarkable wave in popularity. The exposure from the show, coupled with the expertise of the investor, Mark Cuban enabled the company to expand its reach as well as enter new markets.

Max Pro was rising very fast right from its beginning, every year the sales rates of the company were increasing incredibly. So after the Max Pro Shark Tank episode, it was increasing more.

Before Shark Tank, the Max Pro exercise app was used by almost 3000 active users every day, now it has become more than 10,000.

The sales of their products are increasing very fast every year. Shark Mark Cuban has helped this company to develop its marketing strategy.

They are getting a lot of positive responses from their consumers. The Max Pro workout training app is user-friendly. It is available in free as well as premium versions.

Also Read: Arturo Elias Ayub Networth Shark Tank Mexico

Max Pro Fitness Product Features and Innovations

Max Pro’s success can be attributed to its unique features. The product offers multiple benefits which set it apart from other competitors available in the niche. Customer reviews and testimonials attest to the usefulness and quality of Max Pro Fitness.

Market Impact and Industry Recognition

Max Pro’s effect on the niche has been significant. The product has garnered attention not only from consumers but also from industry experts and influencers. Awards and accolades have further firmed up Max Pro’s position as a leader in the industry.

Future Prospects

As of 2023, Max Pro continues to thrive. The company has plans for new product launches demonstrating a commitment to sustained growth and innovation in the niche.

Max Pro Shark Tank Update

Max Pro Fitness Company was successful in securing investment from the sharks in Shark Tank. One of the sharks, Mark Cuban, invested in this firm.

As soon as this Shark Tank episode was aired, the sales rate of this company increased to some extent.  A lot of people also bought his coaching app.

They have also added a lot of new features to the coaching app such as workout videos, how to workout with “MAXPRO SlimLine Wall Track”,  etc.

As of 2023, no hint shows that Mark Cuban has closed the deal with Max Pro. In 2021, the company managed to generate $10 million in revenue. In 2022, the company’s annual revenue was around  $13 million.

Also Read: What Happened To Sworkit After Shark Tank

Where Can You Buy Max Pro Fitness?

If you do not want to go to the Gym you can still do full-body workouts at home without buying any costly workout equipment.  You just need to invest $879 in the Max Pro fitness product to get gym-like training at home. The product is available in 3 variants: SmartConnect, The Elite Bundle, and Deluxe Cable Gym Setup.

That is why you can purchase any one of them as per your choice or requirements. The coaching app is available for free with this product, through which users can follow their workout status.

You will get this product with a good discount on the Amazon site. Amazon is selling this product at a good discount for $799.

Also Read: What Happened To Table 87 Coal Oven Pizza After Shark Tank

What Was The Net Worth Of Max Pro Fitness After Shark Tank?

After securing funding from Shark Tank,  the estimated net worth of Max Pro Fitness became $16 million. It has increased more in the following years. A lot of people have purchased this product to complete their daily workout routine.

We are expecting that it will cross its annual sales of $20 million by 2024.

We estimate that the growth of this business will keep increasing generally in the winter season.

Also Read: What Happened to Scrub Daddy After Shark Tank

What is the net worth of Max Pro Fitness in 2021?

In 2021, the estimated net worth of Max Pro Fitness was $10 million.

What Was The Networth Of Max Pro Fitness in 2022?

In 2022, the estimated net worth of Max Pro Fitness was $13 million.

What Is The Networth Of Max Pro  Fitness in 2023?

As of 2023, Max Pro Fitness has an approximate net worth of $16 million. Moreover, the founder Nezar Akeel demonstrated that he wanted to improve annual revenue to $20M in the coming year, 2024.

Who Are The Competitors Of Max Pro Fitness? 

There are a lot of competitors of Max Pro Fitness. Some of the significant competitors of Max Pro Fitness are  Digital Health Buy, GAR Technologies, Pnestec, SoloSoft, Fitness Deals Online, and Fitness Cosmo.

Does Max Pro build muscle?

Yes, Max Pro builds muscles. It is highly useful for building muscle because the maxpro provides a complete body workout, including muscle growth as a benefit.

How much does Max Pro Fitness Cost?

The cost of a Max Pro body workout machine is  $979. But, the discounted price during festival seasons will be $849.

Is Max Pro Still Active In Business?

As of 2023, Max Pro is running very well and is growing very fast. This company started its journey in 2019 and managed to generate $50,000 in profit in the same year.

It would not be unfair 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, the founder of the company obtained the Computer Electronic Show’s “Best of Innovation” award in the Health and Fitness category.

So,  as of December 2023, Max Pro Fitness is still active in business.

Also Read: What Happened To Squeeky Knees After Shark Tank

Final Opinion

The journey of Max Pro Fitness from concept to Shark Tank’s success illustrates the entrepreneurial spirit and innovation that the show continues to foster. As the company charts its course in the competitive niche, it remains a testament to the power of strategic partnerships and the potential for success that emerges from the Shark Tank experience.

Also Read: What Happened To Ice Beanie After Shark Tank

FAQs

Did Max Pro Fitness get a deal on Shark Tank?

Yes, Max Pro Fitness was able to secure a deal on Shark Tank.  One of the shares named Mark Cuban invested in this business.

Who is the owner of Max Pro Fitness?

Nezar Akeel is the owner of Maxpro Fitness company.

How much is Max Pro Fitness worth as of 2023?

As of 2023, MaxPro Fitness is worth $16 million.

Leave a Comment

Your email address will not be published.

You may also like