Garage Lock Door Shark Tank

Mr white has sold quite a few of his garage door locks over the years.

Garage lock door shark tank.

Depending on who you believe the company does anywhere from 1 million to 5 million in annual sales. Garage door lock what happened after shark tank 275 000 deal. Daymond offered the 275 for 40 contingent on getting a licensing deal. Daymond john offered 275 000 for 35 percent equity contingent on the company getting a.

This aint no start up. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. The elocksys product adds a whole secondary layer of security to any garage door. Elocksys deadbolt garage door lock the garage door lock from elocksys features a secure way to lock your garage door.

How to install a garage door slide lock locksmith near me duration. 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 website is still active allowing customers to order a garage door lock but the social media accounts went silent as of 2014. It can work with either manual or automatic garage doors and integrates in with virtually all automatic garage openers.

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. 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. Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. 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 entrepreneur behind garage door lock bryan white pitched the product on shark tank in march 2014.