Shark Tank Pitch

Romp n' Roll Shark Tank Update

Published: Sunday, August 7, 2022

Glen Allen, VA

Pitch Overview
Name	Romp n' Roll
Main Presenters	Michael Barnett and Babz Barnett
Presenter Image
Product Image
Last Known in Business	9/1/2022
Main Location	Glen Allen, VA Loading Map
Order Shown in Episode	1
Final Deal	Offer made from sharks

Romp n' Roll Shark Tank Pitch

Remember when you got rid of your cassette player for your mp3 player? Neither do I but let's just say Michael Barnett and Babz Barnett made a better children's enrichment center than Gymboree (if anyone has heard of that).

Romp n' Roll is a place filled with toys and events for parents to bring their child to and participate in with their child.

Romp n' Roll has done $4 million in revenue in the last five years and $1.2 million last year with $360k profit through their ten stores, including eight franchisees, which doesn't include paying themselves a salary, so more like 200k.

Michael and Babz get caught up on the out sharks. Robert isn't feeling the energy but still makes an offer. After reminiscing about his previous success selling to parents with children, Kevin joins in. Even so, the sharks' offer is well beyond Michael and Babz interest range.

Offers

Made By	Label	Sharks Part of Deal	Summary
Company	Offered		$300k for 10% of Company
Sharks	Out	Kevin O'Leary	Out
Sharks	Out	Daymond John	Out
Sharks	Out	Kevin Harrington	Out
Sharks	Out	Barbara Corcoran	Out
Sharks	Offered	Robert Herjavec	$300k for 51% of Company
Sharks	Offered	Kevin O'Leary, Robert Herjavec	$300k for 51% of Company