How a Shark Tank Rejection Didn't Stop This Graffiti Removal Business

Paul Watts founded Graffiti Removal Service after spotting a growing problem in Sacramento. His mobile business removes unwanted graffiti from walls across the city. To expand, he took his idea to Shark Tank in search of an investor.

Watts appeared on Shark Tank asking for $350,000 in exchange for a 15% share of his company. He demonstrated his non-toxic graffiti remover by cleaning a Stop sign during the pitch. The product's effectiveness impressed the panel, but his valuation raised concerns.

The entrepreneur had already secured a franchising licence and planned to use eco-friendly products. His business model relied on royalty and franchise fees, reporting $230,000 in annual sales and $75,000 in profit. Despite this, none of the Sharks made an offer.

Robert Herjavec proposed a counter-deal: $350,000 for a 75% stake. Watts rejected the terms, leaving without investment. Though the pitch failed, the company continued to grow. It now sells its removal products online and operates through its website and Facebook page.

Graffiti Removal Service remains active in Sacramento, with no public details on franchise expansion. The business still generates revenue through royalties and product sales. Watts' decision to decline the Shark Tank deal did not halt its progress.