Grill Charms Update | Shark Tank Season 1
Grill enthusiasts know how hard it can be to keep track of what’s what on a platter of meat once it’s ready to serve. A medium-rare steak could be confused with a well-done steak. That’s why Leslie Haywood came up with charms for meat to solve this problem. Will her product earn her a deal on
Shark Tank Grill Charms Update
- Entrepreneurs: Leslie Haywood
- Business: Grilling charms
- Ask: $50,000 for 25% equity
- Result: $50,000 for 25% equity
- Sharks: Robert Herjavec
Leslie brought her Grill Charms sets to
SAFE AND BETTER THAN WOODEN TOOTHPICKS - BPA Free Nylon Material is Safe for Indirect Heat Up to 500 degrees F. Wood kabob skewers and stick pins typically burn and splinter when used in a grilling situation. Bright colors are easily visible and removable.
She told the sharks that Grill Charms is currently in more than 100 independently owned retail stores all over the world. Though the company had just launched in the year prior to filming, she had generated $60,000 in gross sales. A single set retails for $19.99.
Kevin O’Leary was the first shark to show interest, offering Leslie $50,000 in exchange for 50% equity and a 7% royalty. Kevin Harrington made the same offer, minus the royalty.
Robert Herjavec offered to come in and split the equity with Kevin Harrington, putting up $30,000 of the $50,000 that Kevin offered.
Daymond John said he would go in with Kevin Harrington and Robert was pushed out of the deal. To clear the field, Barbara Corcoran went out because Leslie had plenty of good offers to consider.
Not to be defeated, Robert adjusted his offer to $50,000 for 25% equity, causing Kevin O’Leary to make an adjustment as well. His new offer was $50,000 for 20% equity and 7% royalty.
In the end, Leslie accepted Robert’s offer! What happened next for her company? Keep reading our Grill Charms update to find out!
We have great news to share in our Grill Charms update! The company is still in business and has started licensing the product to Fox Run Brands.
They are now being branded as Grill Pins, which are similar to the original but a little different. They’re available on Amazon as well as the Grill Charms website.
We weren’t able to find the exact licensing agreement in our Grill Charms update, but it looks like things worked out well for Leslie.
Would you like to learn about the other companies featured on Season 1 Episode 7? Follow the links below for our other company updates from the episode.
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Jeremy is a regular contributor at Shark Tank recap. He has a ton of passion for the show and enjoys researching information about what all the companies are up to now. His favorite Shark Tank companies are The Cookie Dough Cafe and Kronos Golf!