Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Tailgate N Go Shark Tank Update

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Food Beverage


Pitch Overview
NameTailgate N Go
Main PresentersTaylor Johnson, Ron Johnson, Kobe Johnson
Order Shown in Episode1
Final DealDeal was made on the show with sharks for $250,000 for 20% + $50 royalty until $250,000 is repaid.

Tailgate N Go Shark Tank Pitch

Taylor Johnson, Ron Johnson, and Kobe Johnson appeared on Shark Tank Season 11, Episode 5, which aired on October 27, 2019, with portable, outdoor kitchen and dry box made for any outdoor cooking.

Tailgate N Go is listed in the Food Beverage category. In plain terms, the business is described as portable, outdoor kitchen and dry box made for any outdoor cooking.

Tailgate N Go asked the Sharks for $250,000 for 10%, implying a valuation of about $2.5 million.

On the show, Tailgate N Go made a listed deal for $250,000 for 20% + $50 royalty until $250,000 is repaid.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, down from the original $2.5 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$250,000 for 10%
SharksDeal$250,000 for 20% + $50 royalty until $250,000 is repaid


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Tailgate N Go After Shark Tank

Tailgate N Go accepted an on-air Shark Tank deal for $250,000 for 20% + $50 royalty until $250,000 is repaid, and follow-up reporting says the deal closed after filming. (TNG - Tailgate N' Go Shark Tank Update ).
Update sources put Tailgate N Go sales around $400,000. (TNG - Tailgate N' Go Shark Tank Update ).
In the segment, they announced a licensing partnership with the NFL. (TNG - Tailgate N' Go Shark Tank Update ).
The company are featured in an update segment in episode 1120. (TNG - Tailgate N' Go Shark Tank Update ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com .

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