Grease Monkey Wipes is a line of heavy-duty, citrus-based cleaning wipes. Business partners (and cyclists!) Tim Stanbury and Erin Whalen pitched their business on the first season of Shark Tank in 2010. They accepted a joint-offer from Barbara Corcoran and Robert Herjavec — $40,000 in exchange for 40 percent equity.
After Shark Tank, Grease Monkey Wipes co-founder Whalen said the company was approached by a major auto parts retailer who wanted to put Grease Money Wipes on the shelves. But the contract was “heavily one-sided” and required Grease Monkey Wipes to pay for shipping to distribution centers and to wait one year until payment, among other things. They turned down the deal. Whalen explained, “I learned it’s OK to say no.” Grease Monkey Wipes are currently available in several big box stores including Home Depot and Bed Bath & Beyond, and at Amazon (see link above). The brand has been acquired by Beaumont Products, Inc., a manufacturer of eco-friendly cleaning products in Kennesaw, Georgia.
