Garage Lock Door Shark Tank

Depending on who you believe the company does anywhere from 1 million to 5 million in annual sales.

Garage lock door shark tank.

Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. Inventor and entrepreneur bryan white pitches elocksys his patented garage door lock to the sharks in shark tank episode 523 on march 21. Daymond john offered 275 000 for 35 percent equity contingent on the company getting a.

As seen on shark tank. Mr white has sold quite a few of his garage door locks over the years. How to install a garage door slide lock locksmith near me duration. The website is still active allowing customers to order a garage door lock but the social media accounts went silent as of 2014.

Elocksys deadbolt garage door lock the garage door lock from elocksys features a secure way to lock your garage door. Robert offered 275 for an astonishing 70. It can work with either manual or automatic garage doors and integrates in with virtually all automatic garage openers. The entrepreneur behind garage door lock bryan white pitched the product on shark tank in march 2014.

Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a. The garage door lock after shark tank few likes on facebook there has not been much activity with the garage door lock after shark tank as one would expect with a business that got a deal on the show. Daymond offered the 275 for 40 contingent on getting a licensing deal.

Garage door lock shark tank update in spite of bryan s success in landing a deal with daymond john the garage door lock does not appear to have achieved the licensing deal john had hoped for. Garage door lock what happened after shark tank 275 000 deal.