Michigan inventors scolded on ‘Shark Tank’ before landing huge deal for their ‘Float ‘N’ Grill’
Updated 9:04 PM;
Today 9:01 PM
The makers of Float N Grill, Michael Bashawaty and Jeremy Quillico of Michigan, appear on Shark Tank on March 14, 2021. (Photo by ABC)
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They didn’t let a little scolding deter them from making the deal of a lifetime on “Shark Tank.” The guys behind Float ‘N’ Grill appeared on the hit ABC show on Friday, May 14.
“Hey there Sharks, my name is Michael Bashawaty and I’m Jeremy Quillico. We’re from Plymouth, Michigan and we’re here seeking $200,000 in exchange for a 20% stake in our company,” the two announced before pitching the Sharks their invention.
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Mikey Bashawaty and Jeremy Quillico walked away from the most recent episode of Shark Tank with something most audience members probably didn t expect when watching the segment: a deal.
The Plymouth-Canton Community Schools alumni appeared on the ABC show Friday night, pitching their floating grill to a room full of well-known investors such as Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and the guest Shark for the show, Daniel Lubetzky.
Lubetzky proved to be the two men s champion, offering them a deal for $100,000 of investment, $100,000 as a loan and 50% of any licensing deals for a 22.5% stake in the company. It was the only offer made by the Sharks, with many of them pulling out of discussions once they heard how much money the two had generated in sales. That figure, as of the taping, was just more than $19,000.
The two entrepreneurs behind Float 'N' Grill, a portable propane grill, pitch their product on Shark Tank and in front of Kevin O'Leary and Mark Cuban, both of whom have invested in outdoor ovens and grills.
Let me just say what a lot of you are probably thinking, this is the perfect thing for any Michigan dad.
Picture this, you re out on the boat. You stop out at the sand bar and are in the water, maybe you ve got a beer in your hand, and it s time to grill up some hot dogs but you don t have room on the boat. Enter this Michigan-made invention the Float N Grill that may or may not be backed by one of the sharks on Shark Tank.
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The Process
So how did we get to this point where there is an actual, working, floating grill?