Legacy Shave
Grooming / Shaving Brush
Pitch Details
Season / Episode
S14E7
Nov 18, 2022
Ask
$300,000
for 10%
Ask Valuation
$3M
Deal
$700,000
for 95%
Watch the Pitch
Deal Terms
Amount$700,000
Equity95%
Valuation$736,842
Lori GreinerWhat Happened Next
Operating
$1.9M
reported
- Deal with Lori Greiner for $700K/95% equity + 3% lifetime royalty (Mike retains 5%)
- Shaving can brush attachment patented for all aerosol cans
- Featured on QVC within 4 days of broadcast, sold out inventory
- Estimated net worth $6M, annual revenue ~$1.9M
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