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 with Kevin O'Leary for $80K for 20% (Season 7)
  • $200M in lifetime sales by October 2023 - 11th highest ever on Shark Tank
  • 742% revenue growth over 3 years; ranked #674 on Inc. 5000
  • Named to USA Today's top 15 best-selling Shark Tank products
  • Annual revenue ~$9M; estimated net worth ~$10M

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