Business Overview
We have designed and developed a unique workout product for fitness customers.
We have a presence in many LA fitness locations, Iron Company, various major league sports, and several thousand gyms all over the country.
Growth has been steady and good but not to its potential.
Sales are done through social media.
We use social media (Facebook, Instagram, Twitter) marketing to reach consumers who want to be fit and improve their balance and posture.
We also sell on Amazon and are in LA fitness gyms across the country.
Generating around $100k in sales annually in the last two years. The years before that were $200k-$300k.
Manufactured by a 3rd party producer.
We are established to a point but need more reach and distribution.
We are currently active only in the USA. We have many countries wanting to carry us but we do not have the money to make that happen.
Our product is patented and the company also holds another patent.
Products & Services Overview
We are a fitness products company selling a revolutionary spring-loaded stability board and balance bench to customers.
Capitalization Overview
This is a self funded business.
Business has no loans or liabilities.
Owned by a single owner.
Assets Overview
Physical assets include an inventory of products (400 boards in inventory)
Other assets are 2 patents, 1 pending patent, 10 trademarks, and 3 certification courses.
Partial Stake Sale
USD
1 million
for
80.0%
stake
(Native Currency: USD 1,000,000)
Reason:
To reach more customers, increase sales, expand to other countries and improve distribution.
Valuat...
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Includes physical assets worth
USD
50 thousand
Interested to connect with advisors
In talks with 1 Investor