Smooth Fitness Joins the Philadelphia 100 List of the Fastest- Growing Private Companies in Greater Philadelphia
Smooth Fitness, the world's largest online retailer of home fitness equipment, today announced the company has been included in the Philadelphia 100 which ranks the fastest-growing, privately held companies in Greater Philadelphia. Smooth Fitness, who comes in at number 92, has experienced 67% growth over the last three years.
King of Prussia, PA (PRWEB) October 29, 2007 -- Smooth Fitness, the world's largest online retailer of home fitness equipment, today announced the company has been included in the Philadelphia 100 which ranks the fastest-growing, privately held companies in Greater Philadelphia. Smooth Fitness, who comes in at number 92, has experienced 67% growth over the last three years.
"Being included in the Philadelphia 100 is a significant achievement for our company," said Joe Alter, President and CEO of Smooth Fitness. "We are excited about our continued growth and to be ranked among some of the most highly skilled and advanced companies in the region."
The 2007 Philadelphia 100 marks the 19th anniversary of the program which is conducted by the Entrepreneurs' Forum of Greater Philadelphia, Philadelphia Business Journal and Wharton Small Business Development Center. The companies that comprise this year's 100 represent the backbone of the region's economy.
The 2007 Philadelphia 100 list measures revenue growth from 2003 through 2006. To qualify, companies had to be based in Greater Philadelphia, privately held independent -- not subsidiaries or divisions of other companies -- as of December 31, 2006 and have sales of more than $125,000 in the base year. The base year is the earliest of the most recent fiscal years.
About Smooth Fitness:
Smooth Fitness is the world's largest online retailer of home fitness equipment and the 240th largest e-commerce site in the United States as ranked by Internet Retailer. The Company currently markets the Smooth line of treadmills and elliptical trainers to consumers over the Internet on its www.smoothfitness.com web site. The Smooth line of products has consistently been seen as one of the most cost-effective equipment lines available. The Smooth brand of fitness equipment is sold directly from the manufacturer and only on the Internet. The customer gets the convenience of shopping on-line combined with factory direct savings of 40% - 45%. The fitness equipment is shipped from the Company's warehouses in New Jersey and Nevada.
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