Paul Toback and Steve Lenz hope a Shark springs for Sproing Fitness, their fitness studio concept, in Shark Tank episode 1008. Basically, Sproing Fitness Studios take the ubiquitous treadmill (found in EVERY gym), and use “science” to make the experience easier on the back and knees while providing a high-intensity interval training experience.
Sproing Fitness Treadmills are softer on the feet and more forgiving than standard treadmills due to low impact air cushions beneath the treadmill surface. They also utilize a bungee-cord like attachment that lets the user lean forward while running on the treadmill, which actively simulates a natural running posture. On a traditional treadmill, users stand upright, which isn't a natural running posture. The Sproing system corrects that.
Toback and Lenz aren't selling treadmills, they're opening fitness studios featuring their equipment and training style. They feature high-intensity interval training based on their treadmill system. Sproing also incorporates free weights and other gym equipment to vary the workouts. Class participants burn up to 1000 calories in a typical 45 minute class.
Currently, there are five Sproing Fitness locations: two in Maryland, one in Chicago, one in Houston and one in Hollywood. They're actively soliciting new fitness center owners and probably want a Shark's help with expansion. Will a Shark spring for Sproing?
Sproing Fitness Company Information
Posts about Sproing Fitness on Shark Tank Blog
Sproing Fitness Shark Tank Recap
Paul and Stave will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Daymond John and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards." A full pitch re-cap on Sproing Fitness will be available on Shark Tank Blog once this episode airs.
Sproing Fitness Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Sproing Fitness & Paul Toback and Steve Lenz as more details become available.