Shane Pannell created a new broom called Sweep Easy. It has a scraper built into it. The scraper helps clean up stuck-on messes. This product is different from regular brooms. It solves a common problem. Shane brought the product to Shark Tank to get help. He wanted $40,000 for 25% of his business. The sharks were excited. The product was patent pending.
But Shane had no sales. He was still working on prototypes. Will the entrepreneur get a deal on Shark Tank? Check out the Sweep Easy update to find out!
Sweep Easy Net Worth Shark Tank Update 2025
Aaron Krause went on Shark Tank asking for $40,000 for 25% of his company. This meant he thought his business was worth $160,000. He made a deal with Daymond John for $80,000 for 25%, which raised the valuation to $320,000. The episode was aired on April 29, 2011. The product was relaunched successfully and generates about $1 million in annual revenue. Using the viral/heavy traction method, the current net worth of Sweep Easy Broom is estimated to be around $2–3 million in 2025.
After the show the deal did not happen. Shane did not work with Daymond and Kevin Harrington. But Shane did not give up. He worked hard on his own. The business took time to grow. He relaunched the product in 2017. The product was redesigned. Today Sweep Easy makes over $1 million a year. The product is still on the market. It has been well-received by customers. They have many five-star reviews. The company is doing well despite the deal falling apart on Shark Tank.
Yes Sweep Easy did get an offer. Kevin O’Leary offered $40,000 for 20% of the business. But then Kevin Harrington stepped in. He offered $50,000 for 20% of the company. The two Kevins argued over the best deal. Then Daymond John made his offer. He wanted $75,000 for 33% of the business. Barbara Corcoran was not interested. She felt Shane would not be able to handle everything.
Robert Herjavec offered $40,000 for 20% to start a licensing deal. Kevin O’Leary joined Robert and the deal became $80,000 for 25%. Finally, Kevin Harrington and Daymond John teamed up. They offered $80,000 for 25%. Shane hesitated but eventually accepted their deal. But later, the deal did not go through.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Daymond John | $75,000 for 33% equity | $80,000 for 25% equity (Combined Offer 2) | Yes |
| Robert Herjavec | $40,000 for 20% equity | $80,000 for 25% equity (Combined Offer 1) | N/A |
| Kevin O’Leary | $40,000 for 20% equity | $80,000 for 25% equity (Combined Offer 1) | N/A |
| Barbara Corcoran | Out | N/A | N/A |
| Kevin Harrington | $50,000 for 20% equity | $80,000 for 25% equity (Combined Offer 2) | Yes |
Sweep Easy Shark Tank pitch
Shane Pannell came up with the idea for Sweep Easy when he was a stay-at-home dad. He needed a tool to clean up easily. He noticed that regular brooms were not enough. They couldn’t clean up tough messes. So he created a broom with a scraper built in. The scraper would help remove stuck messes. Shane worked hard to make the product. He faced many challenges in the beginning.
He had to make prototypes. He did not have any sales yet. He was still learning about business. But he did not give up. He knew his product could help people. His idea was simple but useful.
When Shane pitched Sweep Easy on Shark Tank he showed the sharks how the broom worked. He used it to clean up a mess. The sharks were impressed with the scraper. It solved a problem they all knew well. Shane explained that the product was patent pending. He also told the sharks he had no sales yet. He was still working with prototypes. Kevin O’Leary asked Shane about his story.
Shane said he created the tool because he needed it as a stay-at-home dad. Robert Herjavec asked to try the product. Shane invited him up to test it. Kevin O’Leary asked if Shane had talked to any retailers. Shane said he had an interest in the product but no purchase orders. This was because he was unlicensed and uninsured. Shane then explained his plan to sell the broom for $19.95.
The sharks were curious and had several inquiries regarding Sweep Easy. They were curious about the process of making the product. They inquired with Shane regarding the expense of producing it. Shane mentioned his intention to sell it for $19.95. The sharks showed interest in the product’s potential. They inquired whether retailers showed any interest.
Shane mentioned that there was interest but no confirmed purchase orders. The sharks were curious if he was prepared to take on the efforts required to expand the business. They were also interested in understanding how the product would differentiate itself in the market. The sharks talked about the business’s future and if Shane would be able to handle the demands.
They inquired about his intentions regarding insurance and licenses. Kevin O’Leary showed interest in obtaining a license for the product. He believed that licensing would be an effective method to earn money without requiring Shane to exert much effort. Kevin Harrington had a different opinion. He believed Shane ought to bypass licensing and concentrate on expanding the business. The sharks discussed what the optimal agreement would be for all.
The sharks had different opinions on how to handle the deal. Kevin O’Leary was the first to make an offer. He offered $40,000 for 20% of the business. But Kevin Harrington stepped in with his own offer. He offered $50,000 for 20% equity. The two Kevins argued over the best deal for the business. Then Daymond John made his offer. He wanted $75,000 for 33% of the business. Robert Herjavec offered $40,000 for 20% to start a licensing deal.
Kevin O’Leary joined Robert’s deal and raised it to $80,000 for 25%. Daymond John and Kevin Harrington teamed up and offered $80,000 for 25%. Shane hesitated. He was unsure which deal to choose. In the end, he accepted the offer from Daymond and Kevin Harrington. They would give him $80,000 for 25% equity. But the deal did not go through after the show.
What Went Wrong With Sweep Easy On Shark Tank?
Despite the deal on Shark Tank, it did not work out. The sharks did not follow through with their offer. The main reason was that Shane was not ready to handle all the work. He had no licenses or insurance. The sharks were worried he would not be able to follow through with the business. They were also concerned about his lack of sales. Without sales, it was hard to see if the business could be successful.
This made the sharks nervous about the investment. Even though they made a deal it fell apart after the show aired. Shane did not let this stop him. He continued to work on the product and eventually launched it again in 2017.
Product Availability
The Sweep Easy is a broom with a built-in scraper. It is designed to help clean up tough messes. The scraper is a unique feature. It makes it easier to remove stuck dirt and debris. The product is available for purchase online. You can find it on the Sweep Easy website. It is also sold in some stores. The price has gone up since the show aired. It is now sold for a higher price than originally planned.
Despite the price increase, customers are happy with the product. The company has many five-star reviews. The product is still available and still helping people with their cleaning needs.
Conclusion
Sweep Easy’s journey on Shark Tank was full of ups and downs. Shane got offers from several sharks. But the deal did not happen. However, Shane did not give up. He kept working on the product. The company is now doing well and making over $1 million in revenue each year. The product is still available online.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
