MaxPro Fitness Update | Shark Tank Season 13
Exercising while you’re traveling can present a challenge. Entrepreneur Nezar Akeel came up with a solution after too many missed workouts: a portable resistance band machine called the MaxPro. How did the sharks react to Nezar’s strong
If you’re short on time, here’s a quick overview of what happened to MaxPro after
Nezar Akeel appeared on
| Shark: | Result: |
| Mark Cuban | Accepted deal of $500,000 for 3% equity and 5% advisory shares over 5 years |
| Daymond John | Rescinded offer of $500,000 for a $25 per unit royalty then 4% equity |
| Lori Greiner | No Offer |
| Kevin O’Leary | No Offer |
| Robert Herjavec | No Offer |
Shark Tank MaxPro Fitness Update
- Entrepreneur: Nezar Akeel
- Business: Portable resistance band machine
- Ask: $500,000 for 2.5% equity
- Result: $500,000 for 3% equity and 5% advisory shares over 5 years
- Shark: Mark Cuban
Entrepreneur Nezar Akeer’s MaxPro Fitness system is incredibly versatile, portable, and adjusts up to 300 pounds. Luckily for Nezar, the sharks seem immediately interested, with Robert Herjavec jumping up to try it out right away.
Join a coach-led strength based workouts from HIIT, Suspension or Strength. Find inspiration and creating your own workouts and learn how to best use your MAXPRO.
MaxPro’s initial numbers are impressive, as well. Nezar shares that he had nearly $8 million in sales year to date — and at $849 retail, that’s no small feat.
However, the company is burning about $100,000 per month in marketing. After the sales in the year to date, the company will just break even. Despite the high sales, the sharks are concerned with how the business is running.
Mark Cuban is the first to voice his reservations. He doesn’t like that the company is burning so much money and since Nezar borrowed large amounts, it also has a lot of debt.
Nezar also reveals that the company has a few million dollars in inventory waiting to ship. Unfortunately, he purchased such a large quantity after securing an endorsement from Shaquille O’Neal but hasn’t yet been able to move them.
As the sharks put it, the company needs money badly. Daymond John takes this opportunity to make an offer.
He offered $500,000 for a $25 per unit royalty until the money was recouped. Then, he would get 4% equity. Much to Daymond’s dismay, Nezar hardly reacts to this offer.
Instead, he explains his desire to build out a fitness app that goes alongside the MaxPro. This confuses Kevin O’Leary.
He doesn’t think an app is needed at all, considering that everyone else had one. Kevin goes out due to the difference in vision.
Mark, on the other hand, offers $500,000 for 3% equity, plus 5% in advisory shares over 5 years — the same deal as Shaq. Shaq is a good friend, he says, and they can work together to grow their investments.
In response, Robert Herjavec drops out. Despite enjoying the workout, his offer wouldn’t have been as generous.
Next, Lori Greiner exits for the same reason.
After waiting patiently, Daymond finally rescinds stating that Nezar still didn’t acknowledge his offer.
So, this leaves Mark with the only offer on the table. Nezar wants an assurance that Mark would help fund purchase orders, and Mark said they could talk about it in negotiations.
With this sorted, Nezar accepts Mark’s offer. So, has Nezar found success with the help of a shark? Let’s have a look at our MaxPro Fitness update to find out!
Even before MaxPro Fitness appeared on
Our MaxPro Fitness update shows that the company reached $25 million in sales since inception, and now boasts over 25,000 users.
The company is actively promoting on social media and has a solid showing of more than 35,000 Instagram followers. Even better, they were named Sports Illustrated’s “Best Portable Gym” in 2023.
The fitness system is available directly through the MaxPro website and there are hundreds of positive reviews.
So, it looks like MaxPro is building a successful business. We can’t wait to see what the next MaxPro update brings!
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Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!