Uro Club Shark Tank Update | Uro Club after Shark Tank Pitch
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.
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, 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.
Who is the Founder of Uro Club?
Dr. Floyd Seskin.
What happen to Uro Club at the Shark Tank Pitch?
Dr. Seskin appears on Shark Tank season 1 episode 10 and requests a “mere” $25,000 investment in exchange for a 51% share in his invention. This indicates a balance of $49,019.61.
He is looking for the Sharks’ marketing and distribution experience and networks, and is realistic about the fact that his idea will require a powerful partner to get off the ground.
He then proceeds to demonstrate his “self-contained receptacle,” which is just a urinal disguised as a 7 iron. It features a screw-on cover that is triple-sealed to prevent leaks.
The Sharks’ immediate response is one of mirth.
Robert Herjavec is curious about Barbara Corcoran’s ability to utilize the Uro Club on the course.
Seskin says that modifying the device for female usage would need him to construct “an whole pop-up tent.”
He quickly displays how the supplied “privacy shield” towel attaches to the club and belt, giving the golfer with a modest cover. The Sharks are dubious.
Kevin Harrington refers to the item as a “gag present.” He is unsure about its market viability.
Seskin adds that he was able to sell $70,000 worth of his goods by filming an infomercial that aired on local networks.
With a production cost of $8.43 and a sale price of $24.95 plus delivery, the Uro Club appears to be earning a good profit.
The Sharks are taken aback and amazed by the statistics.
Daymond John inquires as to Seskin’s investment.
He says that he has invested $300,000 in the product, including manufacturing, trademark, and other fees.
While his figures add up, John focuses on Seskin’s motivation, pointing out that he is seeking a very little investment. “What you seek is a relationship.
Daymond refer to myself as the Brand Whisperer, but Daymond have no idea how to sell that title. I’m leaving.”
Barbara Corcoran asserts that she “clearly has no connection to this specific product.” Additionally, she is out.
Robert Herjavec states that he “cannot see using that product in any circumstance,” and that he cannot invest in a product that he would not use himself. He has departed.
Kevin O’Leary has similar reservations and believes the product does not fit within his portfolio. Additionally, he refuses a deal.
Kevin Harrington feels the product has some novelty and gift-giving potential. He makes a $25,000 offer to Seskin in exchange for 70% of the firm. Dr. Floyd Seskin accepts a $25,000 offer for 70% of the Uro Club.
Uro Club after Shark Tank Pitch
Kevin’s contract was never completed. Although the Uro Club is an unusual and maybe niche product, sales have been rather high.
The website is now operational, and the golf-club-shaped urinals are for sale.
The company is still operating as of July 2021.
On the company’s website, Uro Clubs are available for $24.95 with free shipping.
Uro Club is now giving a buy one get one 50% off promotion. If you purchase four, the fourth is complimentary. Additionally, the Uro Club is accessible on Amazon.
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.
