Uro Club Shark Tank Net Worth 2023
The UROClub appeared on Shark Tank in Season 1 Episode 10, where Dr. Floyd Seskin requested a $25,000 investment for 51% of the company. Kevin Harrington offered $25,000 for 70% of the company, which valued the UROClub at $35,714.29.
However, the deal was never completed and the UROClub’s net worth is currently estimated to be around $100,000 as of 2022.
The UROClub is a self-contained receptacle that functions as a urinal but conceals itself as a 7-iron golf club for optimal discretion.
It has become popular among golfers due to its discreet design and has received positive reviews from customers.
Dr. Seskin’s current net worth is estimated to be around $850,000, though it is unclear how much of this is attributed to the success of the UROClub.
As of February 28th 2023 01:00 EST, it is not possible to accurately estimate the UROClub’s net worth in 2023.
What is Uro Club? Who is the Founder of Uro Club?
Uro Club is a “self-contained receptacle” that functions as a urinal but conceals itself as a 7-iron golf club for optimal discretion.
It enables people to empty themselves successfully while spending the entire day on the 18-hole golf course. Additionally, it includes a screw-on cover that is triple sealed to prevent leakage.
A towel, referred to as a privacy shield, assists users in maintaining an additional degree of privacy while conducting their business.
Dr. Floyd Seskin, a board-certified urologist, found and owns Uro Club.
He has a history in urological surgery and currently has a profitable clinic in Florida, where he treats a range of different patients.
According to his experience, one of the most common concerns of male clients is that they suffer extreme fear and shame when they need to use the toilet while on the golf course.
Dr. Seskin added that as a practicing urologist, he is all too aware that many of the patients he sees everyday struggle with keeping their pee in for extended periods of time, which can cause them agony and shame.
This is especially true for golfers who do not have access to a bathroom while on the course.
Some courses might run for miles without any amenities, which he aimed to remedy with his one-of-a-kind innovation, the Uro club.
Uro Club Shark Tank Pitch
In season 1 episode 10 of Shark Tank, Dr. Seskin pitches his invention, the “self-contained receptacle,” to the Sharks.
He requests a $25,000 investment in exchange for a 51% stake in his product, which equates to a valuation of $49,019.61.
Dr. Seskin is seeking the Sharks’ marketing and distribution experience, acknowledging that his idea requires a powerful partner to succeed.
The product is a urinal disguised as a 7 iron, with a screw-on cover that is triple-sealed to prevent leaks. While demonstrating the product, the Sharks respond with amusement, and some express doubts about its market viability.
Dr. Seskin claims that he was able to sell $70,000 worth of his product by airing an infomercial on local networks. The Uro Club has a production cost of $8.43 and is sold for $24.95, resulting in a good profit margin.
After some discussion, Kevin Harrington offers Dr. Seskin $25,000 in exchange for a 70% stake in the company. Dr. Seskin accepts the offer, but the deal is never completed.
Despite the initial skepticism of the Sharks, sales of the Uro Club have been relatively high. The product is now available for purchase on the company’s website and on Amazon, with a promotion for buy one get one 50% off and a free fourth urinal with the purchase of four. As of July 2021, the company is still in operation.
Uro Club Net Worth
Dr. Seskin enters Shark Tank seeking $25,000 investment in exchange for a 51% share in his invention. This indicates a balance of $49,019.61.
He accepted an offer from Kevin Harrington of $25,000 for 70% thus valuing at 35,714.29 but they never closed their deal.
Uro Club Competitors
There is no competitors identified for Uro Club.
Uro Club FAQS
What is Uro Club?
Uro Club is a “self-contained receptacle” that functions as a urinal but conceals itself as a 7-iron golf club for optimal discretion.
Who is the founder of Uro Club?
Dr. Floyd Seskin.
How much was he asking in the Shark Tank?
Dr. Floyd Seskin was seeking $25,000 investment in exchange for a 51% share in his invention.
Did he get a deal from the Sharks?
Yes.
How much was the deal?
Kevin Harrington of Kevin O’Leary Ventures made a $25,000 offer for 70% of the Uro Club firm.
Who is the target market for this product?
The target market is golfers who play on public courses or as part of organized golf events.
Is Uro Club still in business?
As of July 2019, Uro Clubs are still in business.
Is there a rival to Uro Club?
No rival, yet.
Is the Uro Club selling online?
Yes, the Uro Club are selling on amazon.
What is the total number of Uro clubs sold?
Despite being one of the oddest concepts ever, the entrepreneur claims that The Uro Club has sold over 3,000 copies at a cost of $24.95 each unit.
This was likely aided by the entrepreneur’s creation and airing of a local infomercial.
What Shark Tank episode is the Uro Club?
Season 1 Episode 10.
How much does Dr. Floyd Seskin invested in his business?
Dr. Floyd Seskin claims to have invested $300,000 in the product, including manufacturing, trademark, and other fees.
What is the Dr. Floyd Seskin net worth?
Floyd Seskin net worth is $850,000.
What are Uro Clubs made of?
The urinals themselves are what appears to be a 7-iron golf club, with the handle and head already removed.
The “head” of the golf club is actually a hollow composite. The screw-on cap covering its opening serves as the unit’s handle and base.
A supplied towel is attached to the belt and fits within the hollow head, providing a semblance of privacy for the user.
Where is Uro Club located?
Aventura, Florida.
Are Uro Club patent?
No, it is not and Uro Club has no patent.
