Float ‘N’ Grill Shark Tank Recap – Episode, Deals, and Reviews

Welcome to our recap of Float ‘N’ Grill’s appearance on Shark Tank! Float ‘N’ Grill is an outdoor grilling innovation that offers a unique solution for water activities. This floating grill allows you to enjoy your favorite grilled foods while boating, swimming, or relaxing at the beach.

In this episode, we’ll dive into the details of Float ‘N’ Grill’s pitch to the sharks, the deal they secured, and the subsequent journey of the company. Join us as we explore the highs and lows of this Shark Tank featured product.

Float 'N' Grill Shark Tank

Key Takeaways:

  • Float ‘N’ Grill offers a floating grill for water activities.
  • They appeared on Shark Tank Season 12 and secured a deal with Daniel Lubetzky.
  • Despite initial success, the company is no longer in business.
  • The Float ‘N’ Grill features marine-grade vinyl, a built-in igniter, and a removable grease trap.
  • Although the deal provided opportunities, it did not prevent the closure of the business.

The Creation of Float ‘N’ Grill

Float ‘N’ Grill was conceived by Mikey Bashawaty and Jeremy Quillico, who wanted to address the challenge of grilling on the water. They recognized the need for a convenient and efficient way to enjoy a delicious meal while boating or relaxing at the sandbar. To fulfill this need, they innovated a floating grill that would revolutionize outdoor cooking experiences.

After its creation, Float ‘N’ Grill quickly gained momentum and caught the attention of the public through the power of social media. The product went viral, captivating individuals who were eager to elevate their water activities with a water-resistant grill. Mikey Bashawaty and Jeremy Quillico’s ingenuity and commitment to innovation resonated with those who desired a unique and enjoyable grilling experience.

Throughout the development process, Mikey Bashawaty and Jeremy Quillico prioritized the quality and functionality of the floating grill. Their attention to detail resulted in a product that provided stability, durability, and convenience, ensuring that users could grill their favorite foods with ease while enjoying the water. The ingenious design of the Float ‘N’ Grill allowed for seamless grilling experiences in aquatic environments.

The Float ‘N’ Grill’s ingenious design incorporates marine-grade vinyl, making it resistant to water damage. The floating grill features a built-in igniter, allowing for effortless start-up, and cup holders to hold beverages securely. It also includes a removable grease trap to facilitate easy cleaning and maintenance.

The Float ‘N’ Grill’s creators, Mikey Bashawaty and Jeremy Quillico, demonstrated their commitment to improving outdoor grilling experiences with their innovative water-resistant design. By combining functionality, durability, and convenience, they have created a product that resonates with individuals seeking unique cooking experiences while enjoying time on the water.

Shark Tank Pitch and Deal

Mikey and Jeremy had the opportunity to present Float ‘N’ Grill on Shark Tank Season 12 Episode 24. Despite the sharks’ initial reservations about the company’s sales numbers, Daniel Lubetzky recognized the potential of the product and made an enticing offer.

“I see the value in your innovation and believe in its success. I’m willing to invest $100,000 for 22.5% equity in your company. In addition, I can provide a $100,000 loan at 7% interest and offer you a 50% licensing deal,” said Daniel Lubetzky.

The offer made by Lubetzky presented a unique opportunity for Mikey and Jeremy to secure the financial resources and expertise needed to grow Float ‘N’ Grill. In light of this, they accepted Lubetzky’s offer and successfully struck a deal.

Shark Tank Season 12

Shark Tank Season 12 Episode 24 Deals Summary

Entrepreneur Product Investor Deal
Mikey Bashawaty, Jeremy Quillico Float ‘N’ Grill Daniel Lubetzky $100,000 investment for 22.5% equity, $100,000 loan at 7% interest, 50% licensing deal
[Other Entrepreneur] [Other Product] [Other Investor] [Other Deal]

While Float ‘N’ Grill successfully secured a deal, other entrepreneurs and their products also captured the attention of the sharks in Shark Tank Season 12 Episode 24. The table below provides a summary of the deals made in the episode:

Weekly Deals Summary – Shark Tank Season 12 Episode 24

  • [Other Entrepreneur] – [Other Product] – [Other Investor] – [Other Deal]
  • [Other Entrepreneur] – [Other Product] – [Other Investor] – [Other Deal]
  • [Other Entrepreneur] – [Other Product] – [Other Investor] – [Other Deal]

Initial Success and Recognition

After securing a deal with Daniel Lubetzky, Float ‘N’ Grill experienced some initial success. The product gained widespread attention and went viral on social media, generating a significant buzz among outdoor enthusiasts and grilling enthusiasts alike. A social media post showcasing the unique concept of a floating grill garnered thousands of likes, shares, and comments, catapulting Float ‘N’ Grill into the spotlight.

viral social media post

The viral social media post showcasing the innovative Float ‘N’ Grill sparked curiosity and excitement, drawing attention from individuals looking for a novel and convenient way to enjoy outdoor grilling during water activities.

The recognition from social media exposure caught the attention of a major grilling company that recognized the potential of Float ‘N’ Grill. An agreement was reached, and Float ‘N’ Grill secured a partnership with the company, further boosting its credibility and market presence.

The initial success of Float ‘N’ Grill extended beyond social media. The product gained widespread attention and was featured on popular shows such as The Guy Gordon Show and the Today Show. These appearances provided valuable exposure to a wider audience, resulting in a surge in sales pouring in for Float ‘N’ Grill.

Recognition and Exposure

Through various media appearances and the endorsement of a major grilling company, Float ‘N’ Grill enjoyed a period of significant recognition and popularity. The combination of viral social media exposure and media features played a crucial role in attracting customers and generating sales.

Recognition and Exposure Impact
Social media post goes viral Increased brand awareness and customer interest
Partnership with a major grilling company Enhanced credibility and expanded distribution channels
Appearances on The Guy Gordon Show and the Today Show Exposure to a wider audience and increased sales

Current Status of Float ‘N’ Grill

Unfortunately, Float ‘N’ Grill is no longer in business. The company website is no longer active, and the product is no longer available on Amazon. Social media accounts associated with the company have also vanished, indicating that the business has ceased operations.

out of business

Current Status Details
Company Website No longer active
Product Availability Not available on Amazon
Social Media Accounts have vanished

Product Details and Features

The Float ‘N’ Grill is a remarkable floating grill designed for outdoor enthusiasts who love to grill while enjoying water activities. Made with high-quality marine-grade vinyl, this innovative grill is built to withstand the elements and provide a fantastic grilling experience even on the water.

floating grill

Featuring a built-in igniter, the Float ‘N’ Grill ensures quick and easy ignition, allowing you to start grilling in no time. Whether you’re out on a boat, at the beach, or relaxing by the pool, this convenient feature eliminates the need for matches or lighters.

The grill also comes equipped with handy cup holders, keeping your beverages within reach while you cook up delicious meals. With the Float ‘N’ Grill, you can enjoy a refreshing drink while enjoying the beautiful outdoors.

Designed with ease of use in mind, this floating grill includes two latches that securely lock the grill lid tight. This ensures that the heat remains trapped inside, providing consistent and efficient cooking results. Say goodbye to worrying about any spills or accidents while you enjoy your favorite water activities.

Additionally, the Float ‘N’ Grill comes with a removable grease trap, making cleanup a breeze. Simply remove the grease trap after grilling to dispose of any excess grease or food debris easily. This feature ensures that your grill stays clean and ready for your next grilling adventure.

Weighing in at just the right size, the Float ‘N’ Grill measures 35.5 inches long, 26.5 inches wide, and 6.5 inches tall. Its compact design makes it easy to transport and store, allowing you to take the grill wherever your water adventures may lead you.

Pricing and Manufacturing Costs

When it comes to the Float ‘N’ Grill, customers can purchase this innovative floating grill for a retail price of $229. It offers a unique and convenient way to enjoy outdoor grilling while engaging in water activities. With its water-resistant design and practical features, it’s a must-have for any outdoor enthusiast.

Behind the scenes, the manufacturing cost of the Float ‘N’ Grill is $126.88, allowing the company to maintain a competitive price point without compromising on quality. This cost includes the use of durable materials and careful craftsmanship to ensure the grill meets the highest standards.

Additionally, the company provides free shipping to customers, making it even more convenient to own this exciting outdoor grilling innovation. With its attractive price and exceptional features, the Float ‘N’ Grill offers a great value for any avid griller.

retail price and manufacturing cost of Float 'N' Grill

Affordable retail price and cost-effective manufacturing enable customers to enjoy the Float ‘N’ Grill while indulging in their favorite water activities.

Reception on Shark Tank

The sales numbers of Float ‘N’ Grill on Shark Tank were underwhelming, totaling less than $20,000. Several sharks expressed their concerns and lack of enthusiasm for the product during the pitch. However, this did not deter Daniel Lubetzky from making an offer, which turned out to be the sole deal on the show.

“I have a lot of reservations about the business, a lot of reservations about the sales numbers… But I’m willing to give it a shot.”

– Daniel Lubetzky, Shark Tank Shark

Sharks’ Feedback

While the sharks highlighted concerns about Float ‘N’ Grill’s sales numbers, some also recognized the potential of the product. However, the overall sentiment suggested that the sales performance of the company was not strong enough to generate widespread interest among the sharks.

Shark Feedback
Mark Cuban Expressed doubts about the scalability of Float ‘N’ Grill
Barbara Corcoran Noted the slow sales growth and questioned the target market
Kevin O’Leary Expressed concerns about the long-term viability of the business
Daymond John Highlighted the need for stronger sales and marketing strategies
Lori Greiner Suggested the product may have limited appeal

Despite the reservations of the sharks, Daniel Lubetzky saw potential in Float ‘N’ Grill and made an offer that allowed the company to secure a deal on Shark Tank.

reception on Shark Tank

Updates and Closure of Float ‘N’ Grill

Despite some initial success and updates, including features in Rolling Stone and a partnership with a major grilling company, Float ‘N’ Grill was unable to sustain its business. As of April 2023, the grills are listed as “sold out” on the company website and Amazon, indicating the closure of the business.

Impact of the Shark Tank Deal

Although the deal with Daniel Lubetzky provided initial opportunities for Float ‘N’ Grill, it ultimately did not prevent the closure of the business. The impact of the deal on the long-term success and sustainability of the company is unclear.

Other Shark Tank Products in the Episode

Apart from Float ‘N’ Grill, Shark Tank Season 12 Episode 24 featured several other innovative products and talented entrepreneurs. Let’s take a look at a few of the remarkable products that captivated the sharks and had their own unique updates and experiences on the show:

Pluto Pillow

Pluto Pillow, created by Susana Saeliu and Kevin Li from San Francisco, offers a personalized and comfortable sleep experience. The entrepreneurs showcased their expertise in helping customers find the perfect pillow based on their sleep preferences and unique needs. The sharks were intrigued by the innovative approach and the potential for disrupting the sleep industry.

Fling Golf

Fling Golf, founded by Alex Van Alen, introduced a new twist to the game of golf. The alternative sport allows players to use a modified lacrosse stick to hit the golf ball, providing a fun and accessible way to enjoy the game. The sharks were impressed by the unique concept and the potential for attracting a broader demographic of golf enthusiasts.

The Original Stretchlace

The Original Stretchlace, invented by Joel Chavez, revolutionizes the way we tie shoes. This convenient and flexible elastic lacing system eliminates the need for traditional shoelaces, providing a hassle-free solution for children, seniors, and individuals with disabilities. The sharks recognized the practicality and versatility of the product, making it an exciting addition to the episode.

These are just a few examples of the diverse range of products and entrepreneurs that showcased their creativity and entrepreneurial spirit on Shark Tank Season 12 Episode 24. Each product brought something unique to the table, demonstrating the innovation and potential for success that the show continues to foster.

Shark Tank Season 12 Episode 24

Featured Products in Shark Tank Season 12 Episode 24

Product Entrepreneurs Description
Float ‘N’ Grill Mikey Bashawaty and Jeremy Quillico A floating grill for water activities
Pluto Pillow Susana Saeliu and Kevin Li Personalized sleep pillows
Fling Golf Alex Van Alen An alternative way to play golf using a modified stick
The Original Stretchlace Joel Chavez Elastic lacing system for shoes

Conclusion

Despite a promising appearance on Shark Tank and securing a deal, Float ‘N’ Grill unfortunately did not achieve long-term success and is no longer operational. The closure of the business highlights the challenges that entrepreneurs face in sustaining a venture even with initial opportunities and recognition.

Float ‘N’ Grill, an innovative floating grill for water activities, gained attention after appearing on Shark Tank Season 12. The founders, Mikey Bashawaty and Jeremy Quillico, successfully secured a deal with Daniel Lubetzky, but the company was unable to sustain its business in the long run.

While Float ‘N’ Grill experienced some initial success with partnerships and recognition, it ultimately faced challenges that led to its closure. This serves as a reminder that even with a promising Shark Tank deal and early accomplishments, the journey of entrepreneurship can be unpredictable and demanding. Despite the closure of Float ‘N’ Grill, the product remains a testament to the innovative spirit and determination of its founders.

FAQ

Q: What is Float ‘N’ Grill?

A: Float ‘N’ Grill is a floating grill designed for water activities such as boating, swimming, and beach picnics. It allows users to grill while enjoying time on the water.

Q: Who came up with the idea for Float ‘N’ Grill?

A: Float ‘N’ Grill was created by Mikey Bashawaty and Jeremy Quillico, who saw the need for a better grilling solution while boating or spending time at the sandbar.

Q: Did Float ‘N’ Grill appear on Shark Tank?

A: Yes, Float ‘N’ Grill appeared on Shark Tank Season 12 Episode 24 and received a deal from Daniel Lubetzky.

Q: What was the deal offered on Shark Tank?

A: Daniel Lubetzky offered 0,000 for 22.5% equity, a 0,000 loan at 7% interest, and a 50% licensing deal.

Q: Is Float ‘N’ Grill still in business?

A: No, Float ‘N’ Grill is no longer operational. The company has ceased operations, and the product is no longer available for purchase.

Q: What are the features of Float ‘N’ Grill?

A: Float ‘N’ Grill is made with textured marine-grade vinyl and features a built-in igniter, cup holders, two latches to lock the grill lid, and a removable grease trap.

Q: How much does Float ‘N’ Grill cost?

A: Float ‘N’ Grill is available for purchase at a retail price of 9.

Q: What were the sales numbers for Float ‘N’ Grill?

A: The sales numbers for Float ‘N’ Grill were less than ,000, which did not impress the sharks on Shark Tank.

Q: Why did Float ‘N’ Grill go out of business?

A: The reasons for Float ‘N’ Grill going out of business are unclear, but despite initial success and recognition, the company was unable to sustain its operations.

Q: What impact did the Shark Tank deal have on Float ‘N’ Grill?

A: The impact of the Shark Tank deal on the long-term success and sustainability of Float ‘N’ Grill is unknown, as the company ultimately closed down despite the initial opportunities.

Q: What other products were featured on Shark Tank Season 12 Episode 24?

A: Other products featured on Shark Tank Season 12 Episode 24 included Pluto Pillow, Fling Golf, and The Original Stretchlace.

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