ENTREPRENURS: Nick Friedman & Omar Soliman
PITCH: These owners of the junk collection chain College Hunks Hauling Junk want to branch out with new company College Foxes Packing Boxes.
ASKING FOR: $250K for 25% equity in College Foxes Packing Boxes.
DO THE SHARKS BITE? Not unless the guys give up a percentage of their proven successful business, College Hunks, which had sales of $500K last year and netted 25% profit. Finally, with four sharks out, Robert offers to go in for 50% ownership of Foxes and 10% of Hunk for $250.
RESULT: Nick and Omar decide they put too much hard work into Hunks and turn Robert down.
WANT TO KNOW MORE: Visit www.collegefoxes.com.