P Rx

weightlifting and gym equipment

P RxDealFitness & SportsWebsiteFargo, NDS7E19

Pitch Details

Season / Episode

S7E19

Feb 21, 2016

Ask

$80,000

for 10%

Ask Valuation

$800,000

Deal

$80,000

for 20%

Deal Terms

Amount$80,000
Equity20%
Valuation$400,000
Royaltyyes per_unit

What Happened Next

Thriving

$9M

reported

  • Deal closed with Kevin O'Leary for $80,000 for 20% equity plus royalty until repaid
  • Website visits increased from approximately 120 per day to over 3,000 concurrent viewers from the East Coast alone
  • $200 million in lifetime sales as of October 2023; ranked 11th highest earning Shark Tank company

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