FloatNGrill is a portable floating propane grill for seaside parties. This was started by Mikey Bashawaty and Jeremy Quillico in 2017. FloatNGrill’s net worth was $888,888 in 2021, based on the Shark Tank deal.
In 2021 they appeared on Season 12 of Shark Tank USA and made a deal with Daniel Lubetzky, $100,000 + $100,000 loan for 22.5% equity + 7% plus 50% of licensing deals.
The exposure FloatNGrill gained from Shark Tank allowed the company to enhance sales. However, as of December 2023, the status of FloatNGrill remains problematic. The founders’ LinkedIn profiles indicate that FloatNGrill is still in business. But, the company no longer has a functioning website and social media handles, and the product is unavailable on Amazon. Therefore, it appears to be that FloatNGrill is no longer available in the market.
FloatNGrill Net Worth
| Net worth | $1.2 million (2022) |
| Annual Sales Revenue | $1.2 million (2022) |
| Profits | – |
| Lifetime sales | $19,400 (2020) |
| Investor | Daniel Lubetzky |
| Founders | Mikey Bashawaty and Jeremy Quillico |
| Employees | – |
FloatNGrill Net Worth Timeline
| Net Worth 2023 | Out of business |
| Net Worth 2022 | $1.2 million |
| Net worth valuation in 2021 after appearing on Shark Tank | $888,888 |
| Net worth valuation in 2021 before appearing on Shark Tank | $1 million |
FloatNGrill Pitch on Shark Tank
| Company name | FloatNGrill |
| Product | A portable floating propane grill for seaside parties |
| Episode | Season 12 Episode 24 |
| Founders | Mikey Bashawaty and Jeremy Quillico |
| Asked for | $200,000 for 20% equity |
| Final deal | $100,000 + $100,000 loan for 22.5% equity + 7% plus 50% of licensing deals |
| Shark | Daniel Lubetzky |
| Location | Detroit, Michigan |
Don’t miss these products from Season 12
FloatNGrill Founders
FloatNGrill was founded by Mikey Bashawaty and Jeremy Quillico in 2017. Mikey has an academic background in Mechanical Engineering and professional experience in Seasoned Diesel Technology. Jeremy comes from an educational background where he studied cybersecurity as his major. Before starting FloatNGrill with Mikey, Jeremy worked as a Senior Systems Administrator at Eastern Michigan University. FloatNGrill’s founders, Mikey Bashawaty and Jeremy Quillico’s net worths are unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2019 | FloatNGrill was featured at the Detroit Boat Show. |
| 2021 | FloatNGrill was featured in Shark Tank and secured a deal. |
Conclusion
Some companies that appear on the show have not achieved great success, and the FloatNGrill was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, FloatNGrill appears to be out of business in 2023. And the product is no longer available in the market.
