Mfg Lifebike

Patented Exercise equipment solution to “Sitting Disease.” This Invention trademarked as LifeBike® Portable Pedals is the first truly portable exercise pedal device. LifeBike is about 3.5 pounds, folds flat and goes anywhere in its own bag. “Sitting is the New Smoking.” The average American sits over 9 hours a day, which creates weight gain, brain fog and lethargy. LifeBike burns calories, boosts your moods and energiizes you anywhere you sit - at work, at home, even helps prevent DVTs and jet lag on long flights. LifeBike® is a great solution for busy moms, easy exercise and weightloss, post knee and hip surgeries at hospitals, seniors, physical therapy patients, workplace wellness, and other huge markets. Price include 2 approved patents and 1 patent pending. The Inventor is short on capital and hence the reason for the sale of the products and Patents. The first 450 units sold out via e-commerce. 1000 more are on order and scheduled to arrive by the end of July 2018. High efficient and mass production will reduce the cost and hence the retail price. Seller is open to retaining part of the business.

LifeBike® is patented and trademarked, and is NEAT certified by the Mayo Clinic. NEAT stands for Non Exercise Activity Thermogenesis.

Please refer to listing ID: MFGLIFEBIKE

Industry:  Health and Medical
Industry Segment:  Other Health and Medical
Geography:  United States > California > Woodland Hills
Asking Price:  $1,000,000
Year Established:  2016
Relocatable:  Yes
Mgmt. Training/Support:  Seller will train
Reason For Selling:  Under-Capitalized
Facilities:  Components and partial assembly are sourced in Asia
Market Outlook/Competition:  This product is the only portable exercise bike pedals available.
Name:  Bonaventure Wakam
Phone:  805-644-9588