Grill Charms Shark Tank Update (Season 1)

Leslie Haywood, the inventor of Grill Charms, appeared on Shark Tank Season 1, Episode 7. She sought $50,000 for 25% equity at a $200,000 valuation. The idea for Grill Charms originated when her husband mistakenly gave her the wrong piece of meat while grilling.

Grill Charms are stainless steel barbecue markers designed to distinguish different types of meat. To use them, simply insert the charms into the food before grilling. Each set includes various charms for identifying different meats. A pack is priced at $19.95 and is available for purchase online via Amazon.

Robert Herjavec invested $50,000 for a 25% equity stake in the business. However, he noted that the product’s name didn’t fully reflect its function.

Company NameGrill Charms
FounderLeslie Haywood
Founded2006
ProductCharms barbecue product
Asked For$50k for 25% equity
Final Deal$50k for 25% equity
SharkRobert Herjavec Robert Herjavec
Episode (Shark Tank USA)S1 E7
Air DateSep 29th, 2009
Business StatusOut of Business
WebsiteVisit Website
HeadquartersCharleston, South Carolina, USA
Lifetime Worth (Sales)$2.5M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Grill Charms?

Leslie Haywood is the founder and CEO of Grill Charms Company, which she started in 2006. In addition to her role at Grill Charms, Haywood has been a radio co-host on the Beyond The Business radio show since 2015.

How Was The Shark Tank Pitch of Grill Charms?

Leslie Haywood informed the Sharks that Grill Charms are sold in 103 independent retail stores across the United States, Canada, and Sweden, with annual sales of $60,000 last year. She emphasized that the charms are not just practical but also make perfect gifts.

Kevin O’Leary initially considered offering a royalty deal but was advised by Kevin Harrington not to proceed. Harrington proposed $50,000 for 50% equity, while Robert Herjavec expressed interest in joining the deal with an offer of $30,000 for 20% equity. Daymond John supported Harrington but criticized Herjavec’s lack of retail expertise.

Barbara Corcoran stated that if four Sharks were interested, she would opt out. Subsequently, Robert Herjavec made a revised offer of $50,000 for 25% equity. Harrington’s final offer remained at $50,000 for 50% equity.

Kevin O’Leary later adjusted his offer to $50,000 for 20% equity plus a 7% royalty. Leslie Haywood chose to accept Robert Herjavec’s offer, declining the higher equity offers.

Sharks Offers list!

SharksOffers
Barbara Corcoran Barbara CorcoranNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’Leary$50k for a 20% equity and a 7% royalty
Robert Herjavec Robert Herjavec$50k for 25% equity
Daymond John Daymond John$50k for 50% equity (Daymond)
Kevin Harrington Kevin Harrington$50k for 50% equity (Daymond)
Founder’s (Countered)$50k for 40% equity
Final Deals$50k for 25% equity

Grill Charms Shark Tank Update

Grill Charms secured a deal on Shark Tank with Robert Herjavec, who invested $50,000 for a 25% equity stake. Following the episode, Leslie Haywood received numerous business offers and signed a licensing deal with Fox Run Brands.

As of 2020, there has been no further information available about the company. Leslie Haywood, who joined the Beyond the Business radio show as a co-host in 2015, saw the company’s estimated lifetime sales reach $2.5 million by that year.

After the Shark Tank episode aired, Grill Charms experienced a significant boost in sales, leading to the product being frequently out of stock in independent stores across the United States. Despite this initial success, the company did not feature in any subsequent updates post-2020 and is now out of business.

What Is Grill Charms’s Net Worth?

Grill Charms’s net worth is currently estimated at $0 million. The barbecue grill market in the United States is projected to reach USD 3.38 billion in 2024, reflecting significant growth driven by an increasing population.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2006-20$2.5M *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2009$50kRobert Herjavec

Is Grill Charms Still In Business?

Leslie Haywood, who is listed as a radio co-host on the Beyond The Business radio show, is no longer involved with Grill Charms. The company, headquartered in Charleston, South Carolina, is no longer in operation.

No, Grill Charms has been out of business since 2020.

frequently asked questions

Who founded Grill Charms?

Grill Charms was founded by Leslie Haywood.

Did Grill Charms get a deal on Shark Tank?

Yes, Grill Charms gets a deal on Shark Tank.

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