Shark Tank Garage Door Lock Update

Other locks secure the door to the frame.

Shark tank garage door lock update.

Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. The lock is constructed of military grade steel and nylon and industrial strength polycarbonates and uses a simple but uniquely designed wedge to protect a door from intrusion. Robert offered 275 for an astonishing 70. This aint no start up.

After shark tank garage door lock teamed up with california lock manufacturer guardian. Garage door lock update. Haven is anchored to the floor engaging with the bottom of your door and reinforcing the entire width of it. E lock system before shark tank update.

With an initial production run of product tooled and manufactured locally their product cost was greater than the price a. The elocksys garage door opener sells at sears. Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity. 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.

Depending on who you believe the company does anywhere from 1 million to 5 million in annual sales. Deadbolt lock designed for garage doors. Shark tank tales is a fan site created to promote the entrepreneurs businesses and products of shark tank while keeping. If for any reason you forget to close the garage door whether coming or going the elocksys will take over and automatically close and lock itself back up.

One thing makes me wonder why white is in the shark tank with this product. Guardian reported that it redesigned the electronics resourced components and simplified the assembly of. Daymond offered the 275 for 40 contingent on getting a licensing deal. Mr white has sold quite a few of his garage door locks over the years.

The website is still active allowing customers to order a garage door lock but the social media accounts went silent as of 2014. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank. 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.