ENTREPRENEUR: Scott Martin
PITCH: The Living Christmas Company
ASKING FOR: $150k for a 30% stake
BEST PART OF THE PITCH: Scott is affectionately known as Scotty Claus. His story started when he was a teen delivering Christmas trees. He came up with the idea to rent trees in potted containers. He rented out over 1,300 trees last year and wants to go national. You can go online to order the tree and they'll pick it up after the holidays. He has $150,000 in sales.
DO THE SHARKS BITE? Kevin hates this business because it's only around for six weeks a year. He's out. Daymond has always wanted to be in business with a guy with a handlebar mustache, but he just can't invest. Robert doesn't want to be a Grinch, but he can't see the growth curve. He's out. Barbara doesn't like the fact that he's only had a $33,000 profit over the past four years. She's out. And then there was one.
DO THE SHARKS BITE? Mark think Scotty Claus needs to make some changes and figure out how to scale this thing. He like the fact that the money he gives will create about 200 new jobs. He's willing to give him the $150k for 40% of the business. Christmas is coming early for Scotty Claus as he takes the deal.
WANT TO KNOW MORE: Visit http://www.LivingChristmas.com