Sweepeasy Net Worth: Shane Panell, a stay-at-home Dad from Arizona, goes to the Shark Tank in scene 205 with his item, the Sweep Easy. His experience bringing up three kids has persuaded that there should be a simpler path for managing the hard, tacky, stuck-on wrecks that accompany bringing up little youngsters. He concocted the Sweep Easy to lighten the need to twist down to scour and scratch jumbles before they can be cleared up. Working in his carport, he’s thought of a model and moved toward schools, cinemas, and different business sectors. All case they would buy the item, however at this point, he has no buy orders.
Will the Sharks be intrigued with Panell’s item? Will he sink to the lower part of the Shark Tank, or make a decisive victory with his new wind on an old brush?
Panell comes into the Shark Tank looking for $40,000, as a trade-off for a 25% value stake. He shows the extendable scrubber, eliminating cereal, yogurt, and different materials off example bits of floor. He has a patent forthcoming on the item.
Robert Herjavec needs to attempt the item. He was a stay-at-home father for a very long time. Herjavec and Kevin O’Leary need to discuss permitting the item to existing brush makers. Panell needs to do both – permit the Sweep Easy and sell authorizing for the item. Kevin Harrington can’t help contradicting the thought. He accepts that the item alone could turn into a $100 million business. Panell imagines selling his item in retail spaces.
Kevin O’Leary needs to discuss cash. He’s keen on permitting the item. He will give Panell $40,000 for a 20% stake. Kevin Harrington makes some noise. He clarifies that authorizing addresses around 30-40% of the pay Panell can make with direct deals, which is his subject matter. Before Harrington can make an offer, O’Leary ups his offer. $50,000 for 20%.
Harrington says he has permitting contacts too, however he likewise has TV contacts. Daymond John interposes. He trusts Panell needs to maintain the business himself. He makes a proposal of $75,000, for 30% reminding different Sharks that he “marked a smelling pair of pants around the world,” and guaranteeing he’ll do likewise for the brushes. There’s blood in the water and the Sharks are in an offering war.
Barbara Corcoran is out. She doesn’t really accept that Panell can help through the business. O’Leary attempts to get Harrington on his arrangement. Harrington needs more control, not an accomplice. Robert Herjavec makes some noise, making a proposal for $80,000 for a 25%. Daymond John offers to go in with Kevin Harrington. Together, they match Herjavec’s offer $80,000 for 25%. The conflict is warming up.
Panell needs to call his significant other, however the Sharks push him for an answer. O’Leary offers to converse with Panell’s better half, giving him a hard sell. John lessens his proposal to $70,000 for 30% if Panell leaves to call his better half.