| Season 4 Episode 4 | |
|---|---|
| Episode Number | |
| Network | |
| Air Date | October 5, 2012 |
| Business Pitch | spring-loaded laundry hamper that raises clothes up from the bottom so that you don’t have to bend over |
|---|---|
| Entrepreneur/Founder | Marvin Phillip |
| Asked For | $85,000 for 12% |
| Deal | No Offers |
| Shark | No Shark |
| Business Status | In Business | |
|---|---|---|
| Estimated Valuation | — | |
| Website | www.householdessential.com |
Diving Into the Numbers
| Year | Investment | Funder |
|---|---|---|
| $75K | Entrepreneur |
Unit Economics
- Retail Price: $49.99
- Cost: $10