✓ Got a deal Still in business Season 7, Ep. 19 🏃 Fitness, Sports & Outdoors

PRx Performance on Shark Tank

PRx Performance makes space-saving gym equipment, including squat racks that fold flat against the wall when not in use. It is aimed at people building home gyms in garages, basements or other small spaces.

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⏱ PRx Performance in 30 seconds

The ask$80K for 10%Valued at $800K
In the tankDeal: $80K for 20%With Kevin · plus royalty
After the showNot confirmedNo public record either way
TodayStill in business

PRx Performance Shark Tank deal

Asked for: $80,000 for 10%
Asking valuation: $800K
Result: Deal
Final deal: $80,000 for 20%
Deal valuation: $400K
Shark: Kevin O'Leary
Structure: Royalty
Founders: -
From: -
Aired: Feb 21, 2016

Asked

$800K

Got

$400K

Would you have invested in PRx Performance?

The pitch

The founders pitched PRx Performance in Shark Tank Season 7, Episode 19 (aired Feb 21, 2016). They asked for $80,000 in exchange for 10% equity, valuing the business at $800K. The entrepreneurs walked away with a deal from Kevin O'Leary: $80,000 for 20%. That put the final valuation at $400K, 50% below what they originally asked for. The deal included a royalty.