Sweep Easy is a broom with an attached scraper. This easy-to-use broom was created by Shane Pannell in 2010. As of October 2023, Sweep Easy’s net worth is $1 million. Moreover, they’re pulling in a whopping $1 million in annual revenue.
In April 2011, they appeared on Season 2 of Shark Tank USA and made a deal with Kevin Harrington and Daymond John for $80,000 for 25% of equity. The final valuation was $320,000, up from the founder’s initial estimate of $160,000.
Since its appearance on Shark Tank, Sweep Easy is still active in business. Sweep Easy social media handles and website were inactive for a period of time. However, Shane reintroduced the brand through a new website in 2017. You can make your purchase through the new company website.
Sweep Easy Net Worth
|Net worth||$1 million (2023)|
|Annual Sales Revenue||$1 million (2023)|
|Lifetime sales||$5 million (2022)|
|Investors||Kevin Harrington and Daymond John|
Sweep Easy Net Worth Timeline
|Net Worth 2023||$1 million|
|Net Worth 2022||$1 million|
|Net Worth 2021||–|
|Net Worth 2020||–|
|Net worth valuation in 2011 after appearing on Shark Tank||$320,000|
|Net worth valuation in 2011 before appearing on Shark Tank||$160,000|
Sweep Easy Pitch on Shark Tank
|Company name||Sweep Easy|
|Product||A broom with an attached scraper|
|Episode||Season 02 Episode 06|
|Asked for||$40,000 for 25% equity|
|Final deal||$80,000 for 25% equity|
|Sharks||Kevin Harrington and Daymond John|
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Sweep Easy Founder
Sweep Easy was founded by Shane Pannell in 2010. Shane is a stay-at-home dad. He could bring an innovative solution to an everyday problem, which ultimately became a successful business. Sweep Easy’s founder, Shane Pannell, has a net worth of 750,000 USD as of 2023.
|2011||Sweep Easy appeared on Shark Tank season 2 and won a deal|
|2017||Sweep Easy reintroduced the brand through a new website|
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Sweep Easy and its continued success.