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Social Health and Fitness Coaching Platform

  • Price: £1,500,000  Price Reduced arrow_drop_down
  • Annual Turnover: £86,107
Seller Reference: 66661-171417
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Business Description
 
 
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Seller Reference: 66661-171417
Request Details
Business Description
For sale is this highly acclaimed fitness social platform and mobile application. Named amongst the top 10 Fitness Tech companies to watch and also accredited as one of the top start-ups in AI Health & Fitness, this established product currently has just under 2 million registered users spanning 215 countries. The business has received backing from the Microsoft Accelerator and Founders Factory initiatives.

Tap into the ever-developing digital fitness arena, and you have even more scope to build a strong and profitable fitness business. According to an article in the Daily Telegraph in 2019, digital fitness increased by 50% from the previous year, compared to just 4% for traditional gyms.

Vision
The founder wanted to create a community which made wellness simple, accessible and achievable for today’s stressed people. Therefore, the platform needed to be contextually aware, super-personalised and deliver a smart experience.

Functions
The app currently provides a number of features such as:
• Nutrition coaching
• Motivational community
• Fitness challenges
• Personalised Fitness
• Video coaching and tutorials

Transaction
The business has developed a great brand, a best in class product, strong traction and reputation in the industry. The founder believes in the vision and potential of the business; however, lack of growth capital and R&D funding is making competition with rivals currently not feasible. Therefore, the founder is selling up to 100% Equity (including assets and IP) and has agreed to stay on as an advisor if the buyer wishes.

PLEASE NOTE:

Financing may be available for qualified buyers.

For additional details or to arrange to view the business, please contact Henry Ziff on 0203 911 1059 or email Hziff@tworlduk.com
Number of employees:
2
Listed by:
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