Guardian Bikes

guardian bikesBrian Riley and Kyle Jansen introduce the Sharks to Guardian Bikes, the world’s safest kids bikes, in Shark tank episode 823. The business is an offshoot of Riley’s SureStop business which supplies bicycle brake components to other bike manufacturers. The secret to the brakes is when you squeeze a hand brake, equal force is applied to both the front and rear brakes. This reduces the probability of a wipeout and injuries.

Guardian Bikes launched at the Interbike trade show in Las Vegas in September, 2015. Riley believes kids’ bikes are an underserved market. He realized that when his SureStop customers weren’t putting the brakes on kids’ bikes. So far, they have bikes for sale in dozens of shops nationwide. They’re also available online.

There are three models. A twenty inch, single speed bike costs $319. Twenty inch 6 speed bikes are $399 and twenty-four inch, seven speed bikes cost $419. All models ship “99% assembled” and feature the SureStop braking system. The company likely wants a Shark’s help with ramping up production and getting into mass retail outlets.

Will a Shark give this business a ride?

Guardian Bikes Shark Tank Recap

Brian and Kyle enter seeking $500,000 for 10% of their business. They tell their story and show the Sharks how the braking system works. Chris Sacca loves it, but Mr. Wonderful questions why they went into bike manufacturing rather than just licensing the technology.

Barbara is the first Shark to go out, she thinks they need a good salesman. Kevin offers $500,000 for 20% if they discontinue the bike building business. When Brian and Kyle look to the other Sharks, Kevin goes out. Chris and Lori follow. Mark makes an offer of $500,000 with three contingencies: the technology is unique, they reach sales goals and they hire an in house PR person. They accept!

Guardian Bikes Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. The deal with Mark did close and Guardian met their goals. As of May, 2021, the company is in business and doing well. They have not entered the adult bike market. Annual revenue is around $1 million.

Posts About Guardian Bikes on Shark Tank Blog

Guardian – the Safest Bikes in the World

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