Smartvac Advantage

a smart hydrovac truck

The ask$500,000for 10% of the business

Implied valuation$5Mask / equity

On-air resultDeal agreed

Founders: Theresa, Kris Stec

On the record

The deal, on the record

Smartvac Advantage asked for $500,000 in exchange for 10% of the business.

Season: 19, ep 6
On-air outcome: Struck a deal
Deal terms: Full buyout: $2,000,000 cash up front plus $2,000,000 earn-out on hitting sales targets, plus the right for Kris to earn up to 10% of the company on performance
Investing Dragon: Wes Hall
Category: Automotive

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.