If Panell exits to contact his wife, John cuts his offer to $70,000 for 30%. O’Leary offers to talk with Panell’s wife, putting him on the position. Panell wants to phone his wife, but the Sharks force him to reply. They match Herjavec’s offer of $80,000 for a 25 % ownership. Kevin Harrington accepts Daymond John’s invitation to go in with him. Robert Herjavec – joins Kevin O’Leary’s plan, donating $80,000 in return for 25% shares. Harrington desire increased power rather than a companion. He offers Kevin Harrington to go 50/50 with him, but Kevin Harrington refuses Kevin O’Leary’s request. Kevin extends his offer to $50,000 for 20 percent shares soon Kevin Harrington arrives. He makes a $40,000 offer in return for 20%. Kevin O’Leary – rather than creating brooms, he seeks to license the Sweep Easy. She tells him she doesn’t think he’s the sort of guy who can cross the finish line. Daymond is beginning to rethink the offer and has said that if Shane walks out, he will rescind the offer.īarbara Corcoran – does not believe Shane will be able to get this idea to market as he is not the sort of person to execute it. He offers to join Kevin Harrington in arranging the deal for $80,000 in return for 25% equity. Shane wants to own his own firm, grow Sweep Easy, and invent new goods, according to Daymond John.ĭaymond offers $75,000 in return for 33 % stock. ![]() Harrington claims to have license ties as well as television contacts. Kevin Harrington offers $50,000 in return for 25 % shares. O’Leary boosts his offer before Harrington can make one. He says that licensing accounts for roughly 30-40% of Panell’s profits from direct sales, which is his area of expertise. He’s prepared to give Panell $40,000 for a 20% share. ![]() He’s thinking about licensing the product. Panell aims to sell his wares through retail shops. He predicts that the product alone may create a $100 million income stream. Kevin Harrington is opposed to the concept. Panell aims to license the Sweep Easy as well as give product licenses. Herjavec and Kevin O’Leary are interested in considering licensing the concept to current broom producers. For three years, he was a stay-at-home father. Robert Herjavec is interested in trying the product. He uses an extended scraper to remove cereal, yogurt, and other objects from a sample area of floor. Panell entered the Shark Tank searching for $40,000 in return for a 25 % equity share. ![]() What Happened to Sweep Easy During the Shark Tank Pitch? He sought to trademark the Sweep Easy in 2010. Many individuals were enthralled when it was revealed that the product might be anything. He went to bakeries, movies, and schools. Pannell submitted his idea to other companies he thought might profit from the broom. He worked on the Sweep Easy broom for about a month. ![]() Pannell simplified the sweep in his workshop. While scraping up spilt food on his hands and knees in his kitchen, Shane Pannell conceived the idea for the Sweep Easy broom. Pannell is still the President of Sweep Easy LLC. He launched the firm as a stay-at-home parent of three children. The Sweep Easy was created by Shane Pannell. The broom’s scraper extends from the centre of the broom with a quick push-button and an expanded handle. The broom is intended to clear up tough, stuck-on messes without forcing you to squat and scrub or scrape. Sweep Easy is a broom with a built-in scraper. What the strengths of Sweep Easy? What is Sweep Easy?
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