For someone who is interested here is their2012: UrbanFloat founded. 2013: First location opened with three pods. 2014: Two more locations opened. 2016: First franchise unit launched. 2018: Reached four franchises with $2.5 million in sales. 2020-2021: Texas franchise closed; Covid-19 stalled expansion. 2023 (August): Operating five locations; Ohio location closed. 2024 (April): Reduced to three locations. 2024 (July): Increased to four locations, generating $2 million in annual revenue.
Update: The deal did not go through after the show during the due diligence process. The founders decided to walk away from the agreement The company expanded its offerings to include infrared saunas, BEMER therapy, and red light therapy. July 2024 - Urban Float operates four locations with annual revenue of $2 million
So they have a 2 million a year company instead of the 100 million vision of the investor. All for 12.5 percent to still have 43.75 percent each. I honestly would have been happy with 20% to bring someone like that on board. Heck, I would have gone even thirds for a little more cash. You have to look at the big picture with a shark and I think some entrepreneurs just can't grasp that and think they know better than billionaires.
If you saw my bathtub you'd take that back. It must have been designed for someone 5'6 and the water starts going through the overflow drain the moment I try to get into the water. It SUCKS!
In Oslo, Norway very few apartments have bathtubs and the ones that do are 5 foot long and take 20 minutes to fill. Been an expat there on and off for 3 years.
The water is cleaner than the waster coming out of you tap lol love it my companies web site say our water we use ends up afterwards cleaner than when it came out of the ground. We have absolutely no filters or uv lights lol
I thought it was over when they told the sharks that there were not the inventors of the produce and did not have any sort of intellectual property claim. I am also not sure that I’ve ever seen a franchise model get an offer here or on Dragons’ Den.
First time pitch mentioned audited financials. Smart move - speeds up vetting. Also monthly unlimited membership is price of one massage and equally effective.
Cold plunge actually hurts recovery. That inflammation is the body’s response to building muscles back. Reducing it actually inhibits the repair and healing process. Put simply the post workout inflammation and aches are a good thing.
I have a friend who made a sensory deprivation tank like this. 2 gm. Great mushrooms. Total sensory deprived...... It's a must. Hang on tight. When you feel nothing, suspended, the mind goes ballistic...... I'd love one of these personally. And 4 gm. Mushrooms 😮😵💫
I've tried a float tank once, in LA. Was a very relaxing and enjoyable experience. Don't knock it unless you try it. If I had more disposable income, I'd definitely shell out $150/ month to do it 2-3 times.
i hate rhat buissnes model basicly its a spa that there is no real asset the asset is the spa employees. you need huge customer aquisition cost for people to consider visiting the spa and you have a quick in and out before the buissnes fades out of buissnes and gets deluted about five years before people move to the next trend. if they make it franchise is the best option.
i hate rhat buissnes model basicly its a spa that there is no real asset the asset is the spa employees. you need huge customer aquisition cost for people to consider visiting the spa and you have a quick in and out before the buissnes fades out of buissnes and gets deluted about five years before people move to the next trend. mean while you are soending more cashflow in customer aquisition and you end up bunkrupt .if they make it franchise is the best option. i hope god bless you all and your families 🤲
"Congratulations" to the shark who just made a deal with you is crazy.
I think he was saying Congratulations to himself 😂
I like the energy
Especially when they're down to 2 locations now 😂
@@thebeefyleafdamn fr? business going downhill?
@@iOSOwenIsBaeofcource. They’re sleazy businessmen. Look how they talk
I’ve never seen Mr. Wonderful say that’s not crazy to a 10mil evaluation. I almost spat my drink out 😂
I was like wow that must be something wrong is he feeling good
i feel like there was nothin even funny about any of this interaction but um ....... okay then i guess.
so hilarious.
Average Mr wonderful moment😂😂😂😂
S22@@flygon6997
Wish Robert was on show for this. He would be getting so excited...lol...plus he would try it...Robert always gets excited about everything!
Literally was thinking the same thing 😂
I wish Lori would have strapped on a bikini and tried it out!
And then go out 😅
@@nathanhargreaves1743 More like make an offer of 1M for 0.25% and still not be picked lol
Bro congratulated the investor😭🙏
😭🙏🏻
That's how you do it.
Why are you crying about that? You're weird.
@LindsAmbroladzetf why is everyone crying about that?
@@gameztopcollectibles they're not crying, they're laughing. Stop playing games, maybe you will be less socially ackward lol
From what I found online they are still in business. 30 locations now.
Pretty good for someone who didn't even make the machine.
Its a huge expensive machine, i dont think other players are willing to put enough effort in it
Somebody else commented saying they only have 2 locations?
@@babydemon46 Their website says 2 locations.
mrhumble more like mrliar, it literally says online they have 2 locations and this random guy is creating a fake story by himself 💀💀
30 locations? I heard they have only two atm
For someone who is interested here is their2012: UrbanFloat founded.
2013: First location opened with three pods.
2014: Two more locations opened.
2016: First franchise unit launched.
2018: Reached four franchises with $2.5 million in sales.
2020-2021: Texas franchise closed; Covid-19 stalled expansion.
2023 (August): Operating five locations; Ohio location closed.
2024 (April): Reduced to three locations.
2024 (July): Increased to four locations, generating $2 million in annual revenue.
Debt?
2 million ? They asked for 5% saying they worth 10 million
music is too low, I could still hear them talk
😂😂😂
Hahaha nice ❤😂
The people who are out should keep quiet and allow the interested parties negotiate
Nah more entertaining
no
There getting prepared for the real world, when they’re in a room full of deals, everyone will be talking even the ones who don’t want to negotiate
Update: The deal did not go through after the show during the due diligence process. The founders decided to walk away from the agreement
The company expanded its offerings to include infrared saunas, BEMER therapy, and red light therapy. July 2024 - Urban Float operates four locations with annual revenue of $2 million
But no shark partner
Sounds like they stagnated in growth
So they have a 2 million a year company instead of the 100 million vision of the investor. All for 12.5 percent to still have 43.75 percent each. I honestly would have been happy with 20% to bring someone like that on board. Heck, I would have gone even thirds for a little more cash. You have to look at the big picture with a shark and I think some entrepreneurs just can't grasp that and think they know better than billionaires.
I’ll pass on the mini casket
You should try a float tank before you knock it. It's a great experience.
@@anonymoussource1biggers
💯💯💯💯💯💯
Bro really said congratulations to the person giving them money lmao
yes, i’m eating
Me too
im done
A woman?
same
Same
One thing I love about Mr Wonderful he make other shark take deal even if he is not interested.
Matt is always name dropping, the guy knows everybody!🤣
ive been subscribed for 3 years you guys still make excellent videos
the fact that kevin adds more debt even after they said they're 1 mil in debt 😭😭
I love Lori’s laugh 😄
Hey honey what did you do today?
“I went floating to recover”
Yeah we are done
Turn the music off, I want to hear the discussion.
clean your ears bro myb you will hear better. glad i could help
@@Bl4ckHater Thank you for spreading your hate.
@@Iposttherforeiam I Already said glad I could help tho
Agree
Just turn your volume up.
"Float tanks speed up recovery and I never lose anything. Therefore I dont't need to recover anything. And for those reasons, I'm out."
you can save the $$ and float in your tub at home. Im sure its not EXACTLY the same, but kinda close and free.
If you saw my bathtub you'd take that back. It must have been designed for someone 5'6 and the water starts going through the overflow drain the moment I try to get into the water. It SUCKS!
The epsom salt cost money but yeah definitely cheaper
You would need hundreds of pounds of salt, and you wouldn't fit in the bathtub without touching the sides
In Oslo, Norway very few apartments have bathtubs and the ones that do are 5 foot long and take 20 minutes to fill. Been an expat there on and off for 3 years.
1:56 So how far can it go?!? Happy endings? 😮🎉
😂
In that case..: "Shut up and take my money" ? 😂❤
Damon is always so behind on big picture stuff. He only sees spend $1 make $2 type of businesses.
I've done the isolation/deprivation tank, it's mind blowing.
Have you done hallucinations? If so, I’m wondering how the tank compares. I’ve not done the tank, but yes to substances.
'cg' to the shark who made u a deal is insane :DDDDDDD
Why no one want Mr Wonderful, I feel really bad for him lol
The water is cleaner than the waster coming out of you tap lol love it my companies web site say our water we use ends up afterwards cleaner than when it came out of the ground. We have absolutely no filters or uv lights lol
I thought it was over when they told the sharks that there were not the inventors of the produce and did not have any sort of intellectual property claim. I am also not sure that I’ve ever seen a franchise model get an offer here or on Dragons’ Den.
Atroic needs to make more shark tank streams and add dragons den into the mix.
Who else watching this while they're eating😂😂Hit That Like✅
👇
congratulations. Can't wait to try it out.
Nice one matt 👏 even mark likes it
First time pitch mentioned audited financials. Smart move - speeds up vetting. Also monthly unlimited membership is price of one massage and equally effective.
I love float tanks. Some great ones in Toronto
I kinda dig it until i saw on the website it says 100 bucks for 60 minutes. Damn guess im not the target market then
this is the second time , that this Episode get post
Cold plunge actually hurts recovery. That inflammation is the body’s response to building muscles back. Reducing it actually inhibits the repair and healing process. Put simply the post workout inflammation and aches are a good thing.
ive tried telling people that, if anything hot water (sitting in your tub) is wayyyyy better for recovery.
Yeah, I'm sure a random nobody on the internet knows better than professional athletes and coaches.
@@eli-bt4he pro athletes and coaches don’t do this bud. Don’t have to take my word for it go do your own research.
This isn’t cold water. It’s warm, slightly warmer than body temperature. This is more for your mind, then body.
I have a friend who made a sensory deprivation tank like this.
2 gm. Great mushrooms. Total sensory deprived......
It's a must.
Hang on tight. When you feel nothing, suspended, the mind goes ballistic......
I'd love one of these personally. And 4 gm. Mushrooms 😮😵💫
Just finished eating lol.
This reminds me of the Rick and Morty toxins episode lol
Daymont is never seen investing.
He makes the gray hair look good
Tbh I’d buy one for my home if I had the money
If robert was there. He would have been tried this on the show 😂
Music is too distracting just talk with the noise
Congrats !!!😅😅
Pasta, ground beef and onions
if you own a sports team you should know that no one will be using this company, you would be buying and using the tanks directly...
Me and Barbara both love to float however we both also suffer from sleep apnea, so for just that reason only we are 😴 💤
Why someone buy the franchise from them when they didn't manufacture the beds?
Something something Barbara is out because UA-cam comment, 8K likes incoming
Yeah facts the joke is plaid out
Mark's right
There's a lot of "ifs" in this business... in short liability...
So, it's gonna be a wise choice to be out for this
Happy lunch!
Thé langue of the body 🫡
Might actually be the worst product I've seen by far.
I've tried a float tank once, in LA. Was a very relaxing and enjoyable experience. Don't knock it unless you try it. If I had more disposable income, I'd definitely shell out $150/ month to do it 2-3 times.
Chinese weightlifters swear by this. They have a whole warehouse of tubs that athletes use
Also research the benefits of Epson salt baths, along with meditation.
I agree things like this are pretty stupid but people LOVE shi like that
Shows why you are sitting st home watching UA-cam with the rest of us 😂
This is not a product company, this is a service company.
How old is this episode. Because it's a company called stl float with these same float tanks here in St Louis that's been here for years
post the new one plz
SO COOL
I’ve seen this in a few spas
Congrats to the shark
Great deal
i hate rhat buissnes model basicly its a spa that there is no real asset the asset is the spa employees. you need huge customer aquisition cost for people to consider visiting the spa and you have a quick in and out before the buissnes fades out of buissnes and gets deluted about five years before people move to the next trend. if they make it franchise is the best option.
Bullshit I would have never made them an offer .. crazy deal
Please I want a video where Mr.wonderful makes a deal
You are always uploading him losing
Mr. Wonderful
This guy likes single grapes over giant pieces of watermelon.
Uno reverse 8:10
I hate watching ppl be so cheap with a deal on the line.
You get to float in everyone else's bath water! YUCK!
I hope they really make people take a "full body" shower before using these. Yes, they "clean" them but I wouldn't trust the process.
Mack seems chill, he presented his character well enough.
Hog rider 🗣️🗣️🗣️🔥🔥🔥🔥🔥🔥
i hate rhat buissnes model basicly its a spa that there is no real asset the asset is the spa employees. you need huge customer aquisition cost for people to consider visiting the spa and you have a quick in and out before the buissnes fades out of buissnes and gets deluted about five years before people move to the next trend. mean while you are soending more cashflow in customer aquisition and you end up bunkrupt .if they make it franchise is the best option. i hope god bless you all and your families 🤲
rice and beans and microni
I guess these people have never heard of bath tubs
You don’t understand. It’s sensory deprivation. Way different than a bathtub.
waakye with macroni and gari
Kevin MVP
I wonder what insults Daymond will come up with towards the entrepreneur this time
Wow this is old. Float is like 100 for 1 time now
Hello my fellow eaters I hope you're enjoying your Lunch/Dinner/Breakfast or Snacks.
I had Pasta and meatballs today, thanks for asking
Chicken sandwich for lunch y'all
Same 🐐
Anti Tsunami?
One of the founders looks like he’s on some fun things.
😆😁😁😄😄😃😀🥲🥲🥲😅😅🥹
ive been in one of these things--it was terrible
He'll lose his money
Wow people really come up with anything nowadays
😂😂😂
Wendy’s for lunch
Breakfast Egg Croissant
if the other sharks just hold theremounth he would had a bether deal
Who's the new white guy on right
Me
I dont get these tanks
Would be nice to have that kind of time and money to waste
First straight guy comment
Wow I just looked they only have 2 locations now. They're failing.. like I knew they would.
These are just a big scam in my opinion.
this business will fail 100%
A year from now people are going to forget about this fad
YEAH SEATTLE !
❤
While watching this I told myself I already do this in my own bath tub with epsom salt. Nothing new.