Garage Door Auto Lock Shark Tank

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Garage door auto lock shark tank. The entrepreneur behind garage door lock bryan white pitched the product on shark tank in march 2014. Daymond offered the 275 for 40 contingent on getting a licensing deal. Robert offered 275 for an astonishing 70. Depending on who you believe the company does anywhere from 1 million to 5 million in annual sales.
After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. It can work with either manual or automatic garage doors and integrates in with virtually all automatic garage openers. I m not sure this is a wise decision but it looks like millions of people are going to learn how easy it is to break into automatic garage door s on the next shark tank show.
Don t say i m paying cash at car dealerships auto expert kevin hunter. Shark tank tanks a lot pinterest shark tank shark. Geek chic shark tank blog. Daymond john offered 275 000 for 35 percent equity contingent on the company getting a.
Garage door lock security safety and. The sharks all agreed there was a serious need for this product and were shocked to learn how easy it is to enter a home through the garage door. Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a.
The elocksys garage door opener sells at sears. Mr white has sold quite a few of his garage door locks over the years. I honestly never knew you can easily bypass the entire lock system. Breaking into a garage garage door locks as seen on shark tank mp4 smc inc.
Elocksys deadbolt garage door lock the garage door lock from elocksys features a secure way to lock your garage door. Elocksys garage door lock on shark tank. Beautiful automatic garage opener 35 door lock shark tank update. One thing makes me wonder why white is in the shark tank with this product.
Dead bolt for garage door episode 523 3 21 2014. Garage door lock shark tank deal after part video deadbolt. Garage door lock shark tank. 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.
The elocksys product adds a whole secondary layer of security to any garage door.