ABC Fitness Firm Shark Tank India Season 2 Episode 11

shark tank abc fitness firm

Shark Tank India ABC Fitness Firm

In this episode of Shark tank India, a sports firm called ABC Fitness Firm presented their pitch to organize children’s playtime in an organized way. Will they get a deal from the sharks? To know, keeping till the end.

Company name ABC Fitness Firm
Founders Anirudh Anil Pole and Pole Roshan Bhaskar
Ask ₹40 lakhs for 2% equity

ABC Fitness Firm Founders

ABC Fitness Firm runs a program that makes kids’ playtime organized, systematic and competitive. Training is conducted in housing societies and schools. They give quality sports education to children of the age group of 4 to 16 years and charge very less fees per month. They have 85 certified coaches. The sports that are offered here are basketball, badminton, tennis, and gymnastics. Their students have represented in international level sports competitions. They have started a new concept of inter-team competition for the local children called Pro league. This gives a platform to the base-level sports and it is live telecasted. Out of the total children about 5% to 10% are playing at state and national championships. Their total number of students is 2500 and per student, fees are ₹1000.

Ask by the owners ABC Fitness Firm

The pitchers made an ask of ₹40 lakhs for 2% equity of the company at the valuation of ₹20 crores.

Shark Tank India Paradyes

ABC Fitness Firm Sales And Revenue

Their monthly sales are 25 lacs. They are a profit-making firm. In FY 22 to 23 the projected sales is 4.5 crores. Their profit is 40%. Out of total revenue, 45% goes to coaches, 5% is for maintenance, 5% is for tournament expenses, and 5% to miscellaneous charges. Next year their targeted revenue is 6 crores.

Offers and counter offer

Peyush was given an offer of ₹40 lakhs for 10% equity of the company at the valuation of ₹4 crores
Founders give a counter offer of ₹40 lakhs for 6% equity of the company at the valuation of ₹6.67 crores.

ABC Fitness Firm Final Deal 

The final deal was closed with Peyush at ₹40 lakhs for 10% equity of the company at the valuation of ₹4 crores.



Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>