Garage Door Lock Bar Shark Tank

Garage door lock what happened after shark tank 275 000 deal.

Garage door lock bar shark tank.

The entrepreneur behind garage door lock bryan white pitched the product on shark tank in march 2014. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. This aint no start up. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a.

Daymond offered the 275 for 40 contingent on getting a licensing deal. The elocksys product adds a whole secondary layer of security to any garage door. The website is still active allowing customers to order a garage door lock but the social media accounts went silent as of 2014. The lock is constructed of military grade steel and nylon and industrial strength polycarbonates and uses a simple but uniquely designed wedge to protect a door from intrusion.

Elocksys deadbolt garage door lock the garage door lock from elocksys features a secure way to lock your garage door. Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity. Haven is anchored to the floor. Daymond john offered 275 000 for 35 percent equity contingent on the company getting a.

Link to product on amazon https amzn to 2ldjtx7 get a free stock up to 250 by signing up to robin hood start in. As seen on shark tank. It can work with either manual or automatic garage doors and integrates in with virtually all automatic garage openers. 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 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. One thing makes me wonder why white is in the shark tank with this product. It is more effective than a bar chain swing lock and 10 times stronger than a deadbolt. 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.

Mr white has sold quite a few of his garage door locks over the years. 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. Pls contact me or comment here if my video is violated with copyright thank you.

Like share comment subscribe me. Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market.