Is Nitroforce Titan 1000 still in business?
The company is still running, with new models featured on the website. It seems that the personal trainers from Ohio are a force to be reckoned with in the exercise equipment market. In 2015, they introduced the Nitro Swing, a golf resistance trainer. As of July, 2021, they are still in business.
How much is Nitroforce worth?
: It takes a lot of capital to do a big launch. : He believes it’s going to cost them at least $2 Million just to educate people. : They can’t come into the Tank looking for a $2.5 Million valuation without having a proven sales distribution model….Out.
| Business Pitch | Full body workout home gym |
|---|---|
| Shark | No Shark |
What is Titan 1000 by Nitroforce?
The Titan 1000 by Nitroforce is an extremely compact home gym using tension in place of actual weights. The size makes Titan 1000 versatile and convenient. They built 90 machines and sold 12 at $1,300.
Will the Shark Tank Titan 1000 home gym sell?
With no sales, the Sharks have no data to see if the home gym will sell. Additionally, the Sharks are convinced that Frank and Debra will need a lot more money to educate their marketplace on the benefits of the Titan 1000.
What do the Sharks think about the Titan 1000?
Additionally, the Sharks are convinced that Frank and Debra will need a lot more money to educate their marketplace on the benefits of the Titan 1000. Robert Herjavec points out that most home gyms end up becoming close hangers. Another challenge that the Nitroforce people face are the bodybuilders who believe in only using free weights.
What can you do with a Titan 1000?
With just a single Titan 1000 you have over 100 exercises to choose from using up to 1000 pounds of total resistance. Frank and Debrae came into the Shark Tank looking for a $250k investment in exchange for 10% equity stake in the NitroForce.com Business.