Sweep Easy Net Worth 2021
The Sweep Easy is a broom that is designed to help homeowners and businesses with clean floors. Shane Panell invented the Sweep Easy after struggling to clean up food from his kitchen. He had previously had to use a butter knife to remove the dried food from the floor. This process is now much simpler and more efficient thanks to his invention. Sweep Easy is currently available in retail stores and online, and has already been valued at over $10 million.
Sweep Easy may not be worth a billion dollars yet, but it has a great business model. Sweep Easy founders are part owners in a company worth $10 million. They share a quarter with Daymond John, Robert Herjavec and the rest of the company. The company has also sold its products at stores. Shane Panell plans to expand the business to more locations to capitalize on the growing demand for the product.
In addition to the Shark Tank appearance, Sweep Easy has expanded to social media and has updated its social media profiles. Its product has improved deployment and retraction, and it is now available in three versions, each with a removable scraper. Although the Sweep Easy net value is expected to increase, the company has already made a profit of more than $1 million per year. Moreover, the Sweep Easy founder left the show with more sales than he had originally anticipated.
In his garage, Shane Pannell invented the Sweep Easy Broom. He spent around a month perfecting the product. He began pitching his idea to businesses including bakeries, movie theatres, and educational institutions. After his Sweep Easy success, he sought funding. He was eventually featured on Shark Tank episode205.
Sweep easy is a household favorite. It invented a new way of cleaning floors. The unique 3-in-1 design of Sweep Easy allows users to clean any surface without having to get down on their knees. It also includes a scraper that can be used to remove stickers and sticky food. After appearing on Shark Tank, the company gained attention from other morning talk shows.
Sweepeasy was a relatively unknown brand in the past. The company’s social media accounts were virtually dormant, but their website was still active. Although the company’s social media accounts have been abandoned for some time, the Sweep Easy website and equipment continue to be used by clients to clean domestic disasters. Its current owners, Kevin Panell, are aiming to take Sweep Easy to the next level by leveraging Shark Tank’s success.
After presenting his revenue model to investors on Shark Tank, Sweep Easy began selling its products online. Since then, the company has not scaled up production capacity, but the inventor is confident that Sweep Easy will continue to grow and become a global sensation.