MaxPro FitTech

Fitness Technology Reimagined

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Security Type
Common Stock
Categories
Sports & Fitness
Min Investment
$500
Location
ROCHESTER, MI
Offering Date
July 26, 2023
Expected Close Date
October 24, 2023
Target Raise
$15.00K-$1.24M
No. Investors
85
Security Price
$1
Number of Employees
5
Cash
$917,868
Revenue
$7,693,113
Short Term Debt
$3,682,528
Cost of Goods
$3,415,500
Long Term Debt
$0
Net Income
$-673,967

Company Description

MAXPRO offers an innovative fitness solution that seamlessly combines a portable and connected cable gym with a feature-rich digital platform. Since our launch in 2020, we have earned over $25M.

Management Team / Advisory Board Bios

Nezar Abu-AkeelFounder, Board Director and CEONezar is a former automotive engineer from the Detroit area, who's passion for both engineering and fitness converged in creating the MAXPRO product. An idea he held onto for more than 15 years, before beginning in earnest to develop. Previously, Nezar has managed several automotive manufacturing businesses in the US, Asia, and Africa ranging from $20M to $400M in revenue. Nezar owned a management consultancy from 2008 to 2012 focused on M&A advising and operations, helping to improve manufacturing efficiencies, implement systems, and increase profitability. In 2016, Nezar utilized his prior experience to lead a management buyout of his former employers Japan automotive operations, and successfully led a turn-around of the operations in one year, and currently remains as Chairman of the company. Nezar took his previous product design, production, and business experience to create and launch MAXPRO Fitness. Nezar currently works approximately 65 hours a week working for MaxPro FitTech, Inc. as CEO and Director, half an hour a week as Chairman for Japan Plastics Technologies, and only minimal time as CEO of MAXPRO Fitness LLC., Sabrina WescottDirector of MarketingSabrina Wescott is a marketing executive with over 9 years of experience leading cross-functional teams to success. With a Masters's degree in Communications, Sabrina has a proven track record of developing and executing effective marketing strategies. She is a hands-on leader who enjoys working closely with her team to drive results. Michael Allen KelleyChief Financial OfficerMike Kelley is a seasoned professional with a strong startup background and expertise in Entrepreneurship and Finance. With a knack for consumer product development and a passion for leveraging Power BI and Excel, Mike consistently delivers exceptional results. He also possesses stock trading acumen and is a dedicated fitness enthusiast. His unique combination of entrepreneurial vision, financial acumen, and technological proficiency makes him an ideal investment candidate.

Amount Raised : $162,805
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Security Description

Common stock is a security that represents ownership in a corporation.

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