Shark Tank: excessive Sandbox, “Heavy gear Adventures,” Accepts Deal from Mark Cuban and Kevin O’Leary for $a hundred and fifty,000
January 5, 2016
subsequent into the tank is Minnesota-native excessive Sandbox, an organization that enables individuals to “play” with heavy building tools. They are looking for $ a hundred and fifty,000 for 15 % fairness.
Calling on nostalgic recollections of playing in a sandbox as a baby, the experience allows adults to crush vehicles and play in the “sandbox” with a bulldozer for no less than $ 300. they have got made $ 1 million to this point.
it might cost roughly $ one hundred,000 to open some other region, with attractions set on Dallas. consistent with the founder, they have got yet to have any accidents.
Lori Greiner questions the ability to scale and he explains looking to make bigger to other metro areas. She sees the idea as very enjoyable but doesn’t see the flexibility to scale so goes out.
Daymond John too remembers the enjoyable childhood experience of it but feels as if he couldn’t add any worth and goes out. Kevin O’Leary, excited to crush a automobile, deals $ 150,000 for 20 p.c.
Robert Herjavec can’t absolutely picture the scaling skill both and has little interest in it so goes out. Mark Cuban likes the idea but wants to accomplice with O’Leary, which he accepts. He briefly questions if they could assist the growth but in some way accepts their offer.
ultimate deal: Mark Cuban and Kevin O’Leary for $ one hundred fifty,000 for 20 percent.
What did you think of extreme Sandbox’s thought?