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.
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.
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 😮😵💫
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
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'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
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
Bro congratulated the investor😭🙏
😭🙏🏻
That's how you do it.
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!
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.
The people who are out should keep quiet and allow the interested parties negotiate
Nah more entertaining
no
music is too low, I could still hear them talk
😂😂😂
Hahaha nice ❤😂
I’ll pass on the mini casket
You should try a float tank before you knock it. It's a great experience.
@@anonymoussource1biggers
💯💯💯💯💯💯
yes, i’m eating
Me too
im done
A woman?
same
Same
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.
One thing I love about Mr Wonderful he make other shark take deal even if he is not interested.
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.
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.
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.
ive been subscribed for 3 years you guys still make excellent videos
Damon is always so behind on big picture stuff. He only sees spend $1 make $2 type of businesses.
Bro really said congratulations to the person giving them money lmao
Matt is always name dropping, the guy knows everybody!🤣
"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."
Why no one want Mr Wonderful, I feel really bad for him lol
1:56 So how far can it go?!? Happy endings? 😮🎉
😂
In that case..: "Shut up and take my money" ? 😂❤
I love Lori’s laugh 😄
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.
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 😮😵💫
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
Atroic needs to make more shark tank streams and add dragons den into the mix.
the fact that kevin adds more debt even after they said they're 1 mil in debt 😭😭
Daymont is never seen investing.
Hey honey what did you do today?
“I went floating to recover”
Yeah we are done
'cg' to the shark who made u a deal is insane :DDDDDDD
Tbh I’d buy one for my home if I had the money
First time pitch mentioned audited financials. Smart move - speeds up vetting. Also monthly unlimited membership is price of one massage and equally effective.
Music is too distracting just talk with the noise
congratulations. Can't wait to try it out.
this is the second time , that this Episode get post
I love float tanks. Some great ones in Toronto
Why someone buy the franchise from them when they didn't manufacture the beds?
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.
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...
Nice one matt 👏 even mark likes it
If robert was there. He would have been tried this on the show 😂
This reminds me of the Rick and Morty toxins episode lol
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
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
Mr. Wonderful
Something something Barbara is out because TH-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
they have 80 locations here in banana cove
post the new one plz
Congrats to the shark
I’ve seen this in a few spas
Please I want a video where Mr.wonderful makes a deal
You are always uploading him losing
rice and beans and microni
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 TH-cam with the rest of us 😂
This is not a product company, this is a service company.
Kevin MVP
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 watching ppl be so cheap with a deal on the line.
waakye with macroni and gari
Bullshit I would have never made them an offer .. crazy deal
Mack seems chill, he presented his character well enough.
Hog rider 🗣️🗣️🗣️🔥🔥🔥🔥🔥🔥
Great deal
I guess these people have never heard of bath tubs
You don’t understand. It’s sensory deprivation. Way different than a bathtub.
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.
This guy likes single grapes over giant pieces of watermelon.
Wow this is old. Float is like 100 for 1 time now
Happy lunch!
Congrats !!!😅😅
Who else watching this while they're eating😂😂Hit That Like✅
👇
Anti Tsunami?
Uno reverse 8:10
He'll lose his money
Wow I just looked they only have 2 locations now. They're failing.. like I knew they would.
I wonder what insults Daymond will come up with towards the entrepreneur this time
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 🤲
These are just a big scam in my opinion.
Wow people really come up with anything nowadays
😂😂😂
You get to float in everyone else's bath water! YUCK!
I dont get these tanks
if the other sharks just hold theremounth he would had a bether deal
One of the founders looks like he’s on some fun things.
Would be nice to have that kind of time and money to waste
this business will fail 100%
A year from now people are going to forget about this fad
Hello my fellow eaters I hope you're enjoying your Lunch/Dinner/Breakfast or Snacks.
Chicken sandwich for lunch y'all
Same 🐐
Wendy’s for lunch
Breakfast Egg Croissant
YEAH SEATTLE !
Who's the new white guy on right
Me
I had Pasta and meatballs today, thanks for asking
Why are all the pitches on shark tank that cornball, cheesy, cringe energy? I prefer dragon's den
Feels all fake
What is everyone having for lunch?
A GREAT SALAD , WBU
@@googoopugh614 chicken adobo, it’s a Filipino dish, delicious!
Habit burger 💪
😆😁😁😄😄😃😀🥲🥲🥲😅😅🥹
This is all an act i swear it aint real
While watching this I told myself I already do this in my own bath tub with epsom salt. Nothing new.
❤
Is there a weight limit on that thing. What if a 300 pound woman wants to use it. Lol
or a 6 foot 6 person.
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Canada 🇨🇦 loves ❤ Trump
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