ENTERPRENEURS: Dan Rothweil
ASKING FOR: $50k for a 30% stake
BEST PART OF THE PITCH: Dan shows a video clip of flies feasting on refuse. These same flies then feast on foods that are put out during picnics leaving harmful reside behind. Dan has created a tabletop food screen that serves as a full enclosure for food being served outdoors. It has a door that fastens with Velcro. He's sold close to 40,000 units to date for various prices depending on the size. Dan has patents on these tents.
DO THE SHARKS BITE? Robert doesn't buy into the concept of putting food into a tent. He's out. Mark thinks this is a great product, he just can't add value to it. He's out. Kevin believes Dan is going to sell a bunch of fly tents. He offers $50k and wants $2 for each small tent sold and $2.50 each time he sells one of the big ones. Lori considers partnering with Kevin, but she isn't sure there's a huge demand for this product, so she then decides to go out. Daymond follows her lead.
WANT TO KNOW MORE: Visit http://www.duratent.com
Update: Wild Squirrel Nut Butter
College students Erika Welsh & Keeley Tillotson made a deal with Barbara for their Wild Squirrel Nut Butter during Season 3. The ladies opted to put their college careers on hold to work on the business fulltime. They've sold over $350k in peanut butter in less than a year and have projected sales of $1.2 million in the next 12 months. That's a lot of bread for their peanut butter!