Sweep Easy Net Worth 2023 Update (Before & After Shark Tank)
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) |
Profits | – |
Lifetime sales | $5 million (2022) |
Investors | Kevin Harrington and Daymond John |
Founder | Shane Pannell |
Employees | – |
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 |
Founder | Shane Pannell |
Asked for | $40,000 for 25% equity |
Final deal | $80,000 for 25% equity |
Sharks | Kevin Harrington and Daymond John |
Location | Merced, California |
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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.
Key accomplishments
Year | Accomplishment |
2011 | Sweep Easy appeared on Shark Tank season 2 and won a deal |
2017 | Sweep Easy reintroduced the brand through a new website |
Conclusion
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.