Shark Tank Recap: Zips, Biaggi, Gameday Couture, SWAG Essentials; Biggest Deal Ever?

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Four companies entered ABC's 'Shark Tank" Friday, Dec. 5 and one of them was offered the biggest deal ever in the history of the show. This week's Sharks were Mark Cuban, Lori Grenier, Kevin O'Leary, Daymond John and Robert Herjavec.

Company: Biaggi Luggage

What It Is: Biaggi offers four-wheeled luggage that can fold neatly for easy storage.

"While in use, Biaggi luggage is durable enough to survive the abuse of the most ruthless airport baggage handlers and stylish enough to turn heads wherever you go," the company explained on its website.

"After you unpack from your trip, simply fold your bag, store it neatly under a bed or on a shelf, sit back, relax and enjoy the hinge-lock technology."

The Ask:$500,000 for 30% of the company

How It Went Down:Steven Hersh, owner of the company, presented it to the Sharks as a way to store luggage -- ideal for people who live in the city and anyone looking to not have luggage clutter up their home.

O'Leary immediately asked for sales and learned that in the last two years the company has $2.5 million in sales, but the company put its efforts on hold.

To date, Hersh has spent $3.5 million on the company. He said the real problem is that stores do not know how to sell or display his product.

Cuban dropped out first. Herjavec felt that the field was too competitive and dropped out next. O'Leary agreed and dropped out.

John has some experience in luggage and offered $500,000 for 33%. Grenier, who has experience in the field as well, and offered $500,000 for 33% as well, but she wants to change the name an packaging.

Hersh left the room to call his father and ultimately John suggested he go with Grenier and stepped out. Hersh then accepted Grenier's offer.

Company: SWAG Essentials

What It Is:SWAG is an acronym for "Soaps, washes and grooming." The company offers grooming products for men designed to help with a variety of skin conditions including ingrown hairs, razor burn and breakouts.

The Ask:$175,000 for 20% of her company

How It Went Down: Lydia Evans, the creator and owner of SWAG presented her products to The Sharks, trying to make her case. She handed out samples to the Sharks.

The product is not patented, but it contains 63 natural ingredients. The company has $65,000 in sales, mostly from one store carrying the product.

O'Leary asked Evans how she plans to spend the money and her intent was to spend the money on production and moving the company out of her house.

Herjavec dropped out first. O'Leary liked it, but called the idea a hobby and dropped out.

Grenier was supportive, but dropped out as well. Cuban felt the risk/reward was not worth it and dropped out as well. John felt he offered little and was the last Shark to drop out.

Company: Zips

What It Is: Zips offers premium wine in a portable, single-serve package that serves as a glass.

"Our high-quality plastic vessel looks and feels like glassware...and it's 100% recyclable," the company wrote on its website.

"Our patented CleanWrap technology keeps your wine fresh and protected, along with a resealable screw-top that pulls double duty as a coaster." So, no more pouring your wine into a flask or drinking straight out of the bottle while you're on the go, and Zips makes it so you can sip wine at a picnic without pouring it into paper cups or packing wine glasses.

The Ask:Seeking $2.5 million for 10% of his company

How It Went Down:Andrew McMurray explained how his single-serve company is all about packaging and licensing. He also demonstrated how his product was a real glass, not a plastic bottle.

After samples were handed out, the questions started flying. McMurray said he owned a patent on the glass and process of wrapping them.

The company has $8.5 million currently invested from a number of investors. The brand currently has "about $650,000 in sales."

O'Leary thinks the pricing per glass is too high and the sales are minimal. Cuban had similar doubts and dropped out.

Herjavec thought the company should be a pure licensing deal.

John thought the risk was too high and dropped out.

Grenier loved the design, but felt the deal was too complicated and dropped out.

Herjavec dropped out because of how the company is being run.

O'Leary is the only Shark remaining. He seemed interested in the price-per-serving could be brought down. He offered $2.5 million for 10% with an option to buy 10% more at the same price in the event of an exit.

The offer was accepted.

Company: Gameday Couture

What It Is: Gameday Couture offers fashion-friendly clothes with the logos of various college teams on them. Basically, the items allow you to show your fandom without having to wear a boring T-Shirt or hoodie.

The company also produces custom clothing items for high school teams, companies and others.

The Ask:Seeking $500,000 for 20%

How It Went Down:The couple who owned the company explained how they are targeting the female market and how they have succeeded in the south, but want to conquer the rest of the country.

The company is on pace to do $1.5 million in this year.

O'Leary asked about profits and the owners said the company will make $100,000 this year. "Mr. Wonderful" did not believe the company was far enough along and dropped out because he felt the business was over-priced.

John dropped out because he had a bad experience in a similar space. Herjavec felt the valuation was too high and dropped out.

Cuban offered $500,000 for 30% with a contingency he refused to reveal until he he gets an answer. The deal was accepted as long as the owners agreed to make women's clothing for the Dallas Mavericks.