Garage Door Lock Bar Shark Tank

Daymond john offered 275 000 for 35 percent equity contingent on the company getting a.

Garage door lock bar shark tank. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. Elocksys deadbolt garage door lock the garage door lock from elocksys features a secure way to lock your garage door. The entrepreneur behind garage door lock bryan white pitched the product on shark tank in march 2014. Feel free to comment share and subscribe.

Like share comment subscribe me. Haven is anchored to the floor. Garage door lock what happened after shark tank 275 000 deal. Mr white has sold quite a few of his garage door locks over the years.

One thing makes me wonder why white is in the shark tank with this product. 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. Other locks secure the door to the frame. 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. Link to product on amazon https amzn to 2ldjtx7 get a free stock up to 250 by signing up to robin hood start in. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a. Depending on who you believe the company does anywhere from 1 million to 5 million in annual sales.

Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. 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. It can work with either manual or automatic garage doors and integrates in with virtually all automatic garage openers. Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity.

As seen on shark tank. This aint no start up. It is more effective than a bar chain swing lock and 10 times stronger than a deadbolt. The elocksys garage door opener sells at sears.

Robert offered 275 for an astonishing 70. The website is still active allowing customers to order a garage door lock but the social media accounts went silent as of 2014.