What happened to Dura-Tent after the Shark Tank pitch?
What is Dura-Tent?
Dura Tent was a completely covered food tent that protected your meal from the elements.
The Dura Tent is simple to assemble and may be used by people of all ages.
The metal frame is lead-free and non-toxic. The Dura Tent Classic is great for small family and friend gatherings.
The Dura Tent XL is intended for bigger gatherings. It has enough room for a banquet-style layout.
Both approaches create a clean and safe environment for food.
The Dura Tent acts as an effective barrier between food and insects. Flies and ants cannot crawl beneath the tent or enter via its flaps. Every aperture is shielded from every angle.
There is no need to worry about food flying away. The doors are protected from wind damage by a Velcro centre.
It also shields food from the unseen irritants that are typical in spring and summer air.
Dura-Tent was founded by who?
Dan Rothwell is the creator of the Dura Tent. Dan Rothwell’s career was both promising and noteworthy.
The electrical engineer was involved in fusion research and laser technologies while working in the power utility business.
He had previously achieved financial security, but he chose to forego his safe future in order to pursue his entrepreneurial goals.
After conceiving the idea during a family gathering with food accessible outside, he used his technological talents and expertise to construct and patent Dura Tent.
What Happened to Dura-Tent at the Shark Tank Pitch?
Dan Rothwell appeared on Shark Tank season 4 episode 12 looking for a $50,000 investment in exchange for a 30% ownership in his company. This amounts to a $166,666.67 valuation.
He began his animated lecture by outlining how many ailments and viruses fly typically transmit to food left out in the open.
He went through a rather disgusting overview of how flies spread illnesses and also showed a short film that highlighted the matter much more vividly and clearly.
When Dan revealed the Dura Tent to the sharks, laughter erupted, headed mostly by Kevin O’Leary.
Dan reported that 50,000 copies had already been sold. Both Mark and Robert were pleased, and Mark questioned about the price per unit.
The tents cost between $4.65 and $7.27 to make and range in price from $19.95 to $34.95.
Lori Greiner questions the math, even if the statistics appear to be right. Rothwell’s arithmetic is faulty, which causes him to make a mistake. His sales are currently at $35,000, with a goal of $40,000, which is still incredible.
Kevin wanted to know whether Dan had a patent on the Dura Tent products. Dan confirmed that he was the rightful owner of three patents on them.
Robert Herjavec disliked the Dura Tent, arguing that it was unnecessary and that he had no interest in the business; he wasted little time and departed.
Mark Cuban feels he will be unable to “add value” to the product. They both walk away.
Kevin O’Leary forecasts, “You’re going to sell a lot of fly tents.” He makes an offer of $50,000. He has no desire to invest in equities. He wants $2 for each little tent and $2.50 for larger tents.
Rothwell wants to boost his marketing clout. O’Leary invites Lori Greiner to participate in the deal. Greiner feels that there is no robust market. She’s no longer there.
Daymond John admitted to being on the fence about the Dura Tent Company, but Lori’s gut hunch that the Product would not be a huge seller was enough to put him off. He, too, withdrew.
Rothwell rejects O’Leary’s offer because he is more concerned with marketing than with money.
What happened to Dura-Tent following the Shark Tank pitch?
Rothwell did not get a deal with any of the Sharks, but he did take Greiner’s advice and renamed his company DURA Tent.
Picnic Pal is the product’s new name.
Even though Rothwell didn’t get a Shark to bite on his food tent, he did achieve his goal of bringing a product from idea to consumer and is currently doing well selling summer food tents.
As of August 2021, the products are “now unavailable” on Amazon and “sold out” on the company website.
In December 2021, the products will be available again on Amazon and the company’s website. The annual revenue is less than $1 million
What is the Net Worth of Dura-Tent?
Dan Rothwell appeared on Shark Tank season 4 episode 12 looking for a $50,000 investment in exchange for a 30% ownership in his company. This amounts to a $166,666.67 valuation.
Who are the Competitors of Dura-Tent?
Dura-Tent does not have any competitors.
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Dura-Tent FAQS
1. What is the Dura-Tent made from?
The tent is manufactured from food grade steel and plastic.
2. What are the benefits of buying Dura Tent?
It protects food from insects and animals, as well as preserving it for longer if they want to take it with them when leaving.
It also protects food that is left outside during picnics, bbqs, and gatherings from the elements and rain during wet weather which can easily spoil food.
3. How does they cover the food?
The Dura Tent is simple to assemble and may be used by people of all ages.
4. How much does Dura-Tent costs to buy?
The price of the tent varies depending on the size. The tents cost between $4.65 and $7.27 to make and range in price from $19.95 to $34.95.
5. Is there a warranty for Dura-Tent?
Yes. Their items come with a complete 60-day money-back guarantee. Feel free to give them a Picnic Pal of their choice, and if they don’t completely adore it, they will receive a refund.
6. Who founded Dura-Tent?
Dura-Tent was founded by Dan Rothwell
7. How much was Dan Rothwell looking in the Tank?
Dan Rothwell was looking for a $50,000 investment in exchange for a 30% ownership in his company. This amounts to a $166,666.67 valuation.
8. How much did Dura-Tent received in the Tank?
Dan Rothwell didn’t get a deal with any of the Sharks.
9. What is Dura-Tent?
Dura-Tent is a picnic food tent designed by Dan Rothwell. It keeps flies, insects, and animals out of the food while still allowing people to eat outside in all weather conditions.
10. Where can they buy Dura-Tent?
They may purchase it online at their website and on amazon.
11. Where is Dura-Tent located?
Dura-Tent is located in Poway is a city in San Diego County, California
12. What happened to Dura-Tent after the Tank?
Rothwell did not get a deal with any of the Sharks, but he did take Greiner’s advice and renamed his company DURA Tent.
13. Is Dura-Tent still in business?
Yes, in December 2021, the products will be available again on Amazon and the company’s website. The annual revenue is less than $1 million.