#SWEEP EASY COMPANY WORTH MOVIE#
#SWEEP EASY COMPANY WORTH LICENSE#

He spent about a month working on the Sweep Easy broom.

It was Pannell’s garage that he invented the sweep. To solve the problem of clean-up in the kitchen, inventor Shane Pannell invented the Sweep Easy broom. Sweep Easy has a market valuation of more than $10 million, making it a financially successful company. There are now a number of Sweep Easy items available for purchase on the company’s website, as well as in a number of retail locations. Further talks led O’Leary to amend the terms and offer $80,000 for a 25 percent share in the company. In response, Kevin Harrington echoed Shane’s advice to pursue direct-to-consumer sales, echoing what he had said earlier.Ī few days after that, Robert Herjavec got together with O’Leary and proposed to Shane that if he agreed to the licensing deal, they would pay him an additional $40,000 (increased to $80000 for 40% equity).

#SWEEP EASY COMPANY WORTH LICENSE#

Kevin O’Leary offered $40,000 for a 25% stake in the company in exchange for the right to license the brooms to existing companies.

#SWEEP EASY COMPANY WORTH MOVIE#

The SweepEasy 2 in 1 extends the scraper for easy scraping, sweeping, and moving.Ī direct-to-consumer firm that was profitable required Shane to enlist the support of sharks in order to be sold to both domestic and commercial markets (such as movie theatres, theatres, and restaurants). Crawling around on your hands and knees is no longer an option when it comes to removing messes from hard floors. It’s ready to make cleaning your floors easier than ever. It’s time for a new and better SweepEasy, Panell aims to capitalize on Sweep Easy’s continued success as Shark Tank continues to air in syndication with a rebuilt website, social media presence, and a modified product. Panell revived the Sweep Easy in the spring of 2017 after a few years of inactivity and restricted (or no) availability. Equipment can still be used by clients who seek to alleviate back discomfort while cleaning up domestic disasters. On the other side, the website is still operational. With no new posts since 2012, the Sweep Easy social media accounts appear to have been abandoned today. More than half of all deals negotiated in Shark Tank are never completed. Their $80,000 offer for a 25 percent ownership is identical to Herjavec’s. Kevin Harrington has expressed an interest in working with Daymond John. As a result, Robert Herjavec offers to buy a 25% stake in the company for $80,000. As opposed to a companion, Harrington seeks greater authority. He makes an effort to recruit Harrington to his program. She doubts Panell’s ability to complete the task. There has been a resignation announcement from Barbara Corcoran. Sharks are fighting over a bloody prize in the blood-streaked ocean. He offers $75,000 for 30 percent, saying that he “branded a nasty pair of jeans globally” and that he plans to do the same with the brooms he is selling. He believes that Panell intends to run the business on his own. New websites and social media profiles were developed in 2017, claiming that the company was back in business.Īccording to Harrington, he is well-connected in the worlds of both licensing and television. The company’s social media platforms were shut down in 2012, and the website’s inventory appeared to have sold out. A vast variety of goods can be sold using brooms. In keeping with his pledge, Kevin Herrington helped promote the broom. Sweep Easy brooms became well-known after their appearance on Shark Tank. On top of that, the item is available on Amazon for $29.99 On the website, a dustpan with a lid is being sold for $15.97. Each of these brooms costs $28.97, according to the website.

There are three color schemes to choose from in Sweep Easy: green/orange/blue. Shane began selling his products outside of Shark Tank and online shortly after his participation. Together, they match Herjavec’s offer of $80,000 to 25%.Īfter appearing on the show, Shane Panell said he aims to target restaurants, theatres, and other large businesses with his product. Daymond John is offering to go in with Kevin Harrington. Robert Herjavec speaks up, making an offer for $80,000 to 25%. It shows an extensible scraper, removing cereal, yogurt, and other materials from the floor sample. Panell enters the Shark Tank seeking $40,000 in return for a 25 percent shareholding. They all claim that they would buy the product, but as yet they have no purchase orders. Working in his garage, he came up with a prototype and approached schools, film theatres, and other markets.

Sweep easy company worth