Shark Tank Garage Door Lock Update

Season 5 episode 21.

Shark tank garage door lock update. The elocksys garage door opener sells at sears. With an initial production run of product tooled and manufactured locally their product cost was greater than the price a. Guardian reported that it redesigned the electronics resourced components and simplified the assembly of. Garage door lock update.

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 of the feature s i really like about this garage door lock is it makes your automatic door smart. Elocksys company owners were presented with the challenge of cost effectively bringing their remote control dead bolt garage door lock to market. After receiving the financial and advisory backing of shark daymond john on the hit abc cnbc series shark tank.

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. One thing makes me wonder why white is in the shark tank with this product. 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 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.

This aint no start up. Deadbolt lock designed for garage doors. Garage door lock by elocksys went into the shark tank asking for 275k for 30 equity. E lock system before shark tank update.

Daymond offered the 275 for 40 contingent on getting a licensing deal. Robert offered 275 for an astonishing 70. 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. Other locks secure the door to the frame.

Mr white has sold quite a few of his garage door locks over the years. Shark tank tales is a fan site created to promote the entrepreneurs businesses and products of shark tank while keeping. Depending on who you believe the company does anywhere from 1 million to 5 million in annual sales.