![]() Lori responded that she said she didn’t want a partner, so she offered the $200,000 in exchange for 60% equity. Robert dismissed her deal as greedy, and went out. Byron asked if Lori could do any better than 60% equity. He would put up half of the $200,000 in exchange for 40% equity, but Byron would first need to convince Lori to come aboard. For that reason, Robert decided to make an offer. Robert said that he felt Lori was the right partner for Byron, but he wanted to be involved too. ![]() Kevin returned to the valuation, and because he didn’t agree with it, he was also out. This left two sharks – Robert and Lori. Kevin questioned why then he would not sell his product in big furniture stores, and Byron said he felt the product needed to be demonstrated in order to sell.īyron said he was there in the tank to not only get capital but to secure a strategic partnership with a shark. Daymond took this as his cue to leave, and he was out. Mark Cuban spoke next, and said he didn’t feel he could help scale it further, so he was out. Byron answered he had been at it for eleven long years. Robert Herjavec asked Byron how long he’d been selling CordaRoy’s. Byron said he sold out of his own retail store at the Mall of America, and had a run on QVC. In his own opinion, his business was underperforming.ĭaymond John asked for details regarding where products were sold. Byron shared that he had grossed $1.4 million in sales, but he personally was disappointed because the infrastructure was meant for a $5 million business. Kevin was pleasantly surprised, and continued asking more cash-related questions. Byron unflinchingly answered that CordaRoy’s both was worth the $1 million as indicated by his offer’s valuation, and that they collected $200,000 profit in the previous year’s sales. ![]() Our products have been tested with the roughest children and even run over by a 54 ton battle tank and we very rarely have a cover or liner that needs to be replaced.Kevin O’Leary was unconcerned, more interested in what Byron could share regarding the $1 million valuation and his sales. All seams are ultra strong because of the durable fabrics and thread we use. We want customers to be confident that if something happens to their Comfy Sack, they are covered.literally! Comfy Sacks are manufactured to last a very long time and something that distinguishes a Comfy Sack from any other foam bag chair on the market is the quality. The reality is that we stand behind our products and often times have customers come to us wanting to purchase a liner or cover from our company because our competitor will not uphold their warranty. Some companies use gimmicks such as 'two or three lifetime' warranties which really makes no sense but sound appealing to the buyer. Many other companies don't offer any warranty or offer a very limited warranty (and then call it a limited 'lifetime warranty' which requires that you have all the original packaging or register your product with them to qualify. This is one of the best warranties offered throughout the whole foam bag chair industry. Another great thing about our 8 foot bean bag chair is that it is made here in the United States and is backed by a five-year warranty !Īll Comfy Sacks come with a FIVE year warranty on all seams and zippers on both the cover and liner. In fact, you can’t find an 8 foot sack, for close to the price of our 8 ft Comfy Sack. Unlike the styrofoam beans in a huge bean bag chair that flatten over time, polyurethane will hold its shape while being comfortable to relax on. Our large foam chair is stuffed with shredded polyurethane to ensure it provides you with the ultimate in comfort something a standard, extra large bean bag chair just can't do. ![]() Most oversized beanbags are filled with loud and messy beans that can be dangerous to children. Whether it's a party or Monday night football, our 8 ft. Quite possibly the largest foam bag chair available, Comfy Sack's eight foot sack beats out any giant beanbag chair on the market. Removable Machine Washable Cover and Durable Internal Liner included 8 ft x 8 ft x 3 ft (measured at widest points) ![]()
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