Dura-Tent Shark Tank Update | What happened to Dura-Tent after the Shark Tank Pitch?
What is Dura-Tent? Who is the Founder of Dura-Tent?
Dura-Tent is a fully covered food tent that is easy to assemble and suitable for use by people of all ages. It features a non-toxic, lead-free metal frame and is available in two sizes: the classic version for small gatherings, and the XL version for larger events.
The tent provides a food-safe and clean environment, as well as protecting food from insects and wind damage. The founder of Dura-Tent is Dan Rothwell, an electrical engineer who had a successful career in the power utility industry and fusion research before starting his own business.
What Happened to Dura-Tent at the Shark Tank Pitch?
Dan Rothwell, the founder of Dura-Tent, appeared on Shark Tank to pitch his product and seek a $50,000 investment in exchange for a 30% stake in his company, which valued the company at $166,666.67.
He began his pitch by discussing the dangers of flies spreading illnesses to food left out in the open and showed a short video to illustrate the point.
When he unveiled the Dura Tent, Kevin O’Leary laughed, but Mark Cuban and Robert Herjavec were impressed. However, when Dan revealed the sales figures and the cost per unit, Lori Greiner pointed out that the math didn’t add up and the figures were not as impressive as they seemed.
Kevin O’Leary expressed interest in the product and made an offer, but Dan declined as he was more interested in increasing marketing efforts. Ultimately, none of the Sharks decided to invest in the company.
What happened to Dura-Tent after the Shark Tank Pitch?
After the Shark Tank pitch, Rothwell did not secure a deal with any of the Sharks, but he did take Lori Greiner’s advice and rebranded the product as “Picnic Pal”.
Despite not getting a deal on the show, he was able to successfully bring his product to market and has been selling it under the new name.
As of August 2021, the product was “unavailable” on Amazon and “sold out” on the company website, but it reappeared online again in December 2021. The annual income generated by the product is less than $1 million.
Dura-Tent Net Worth
When Dan Rothwell, the founder of Dura-Tent, appeared on Shark Tank, he sought an investment of $50,000 in exchange for a 30% stake in the company, which would have valued Dura-Tent at $166,666.67.
There is no competitor identified for Dura-Tent.
What is Dura-Tent?
Dura Tent was a fully covered food tent that kept your meal safe from the weather.
Who is Dura-Tent’s CEO?
Dan Rothwell is Dura-Tent’s CEO and president of products.
How much was he seeking in the Shark Tank?
Dan Rothwell appeared on Shark Tank season 4 episode 12 in search of a $50,000 investment in exchange for a 30% stake in his firm. This translates as a $166,666.67 valuation.
Did Dan Rothwell get a deal?
Dan Rothwell did not land a deal with any of the Sharks, but he did follow Greiner’s advice and renamed DURA Tent. Picnic Pal is the new name for the product.
Is Dura-Tent still in business?
The goods are back online on Amazon and the company website in December 2021. The annual income is less than $1 million.
Where is Dura-Tent located?
Dura-Tent is located in Poway is a city in San Diego County, California
How do they clean their Picnic Pal food tent?
The Picnic Pal food tent is simple to clean with a damp cloth. But, because they can always depend on a messy party, they can just chuck it in the washing machine whenever they need to.
Close the Velcro clasps and wash their Picnic Pal inside a netted washing bag.
Is it bleach safe?
Yes. This is an important aspect for their caterers since they must follow health department laws and disinfect their tents between trips.
Is there a money back guarantee?
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.
How long will their Picnic Pal last?
Their Picnic Pal items are made to last a long time. Their innovative door pole is designed for stability, and the mesh is composed of long-lasting fiberglass materials.
There are no zippers to get tangled in or break.
Is Picnic Pal+ easy to set up?
Yes! It’s quite simple. They devised the most basic tent design conceivable. All of the poles are linked together with bungee cords and unfurl quickly.
They’ll put two poles through easy-to-find pole guides and into the deep well cups in the corners, where they’ll be locked in place.
Does Picnic Pal+ come with a carry bag?
Yes. Because their carry bag is large enough, they can easily fit their tent inside for easy storage.
How many Picnic Pal+ units do they need for their event?
It all depends! When serving food outside for one or two families, one Picnic Pal+ is generally plenty.
What is the net worth of Dan Rothwell?
Dan Rothwell’s net worth is unavailable.