Yardsale Shark Tank Update

Yardsale Shark Tank Pitch

Yardsale appeared on Shark Tank Season 16, Episode 3, which aired on November 1, 2024, with Magnetic Ski Poles.

Yardsale is listed in the Fitness Outdoors category. In plain terms, the business is described as Magnetic Ski Poles.

Yardsale asked the Sharks for $200,000 for 10% equity, implying a valuation of about $2 million.

On the show, Yardsale made a listed deal for $250,000 for 10% equity plus a $5 royalty per unit sold until $300,000 is repaid.

If treated as straight equity, the listed deal works out to about $2.5 million implied valuation, up from the original $2 million implied valuation.

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

Yardsale After Shark Tank

Yardsale accepted an on-air deal for $250,000 for 10% equity plus a $5 royalty per unit sold until $300,000 is repaid. Yardsale remained active after the episode. (Yardsale - Shark Tank Season 16

Year-to-date, Yardsale have done $220,000 in revenue and aim to reach $300,000 by the end of 2024, projecting a substantial increase to $2.1 million by next year. (Yardsale - Shark Tank Season 16

Yardsale currently sell Yardsale's products direct-to-consumer, but Yardsale plan to expand into retail next year. (Yardsale - Shark Tank Season 16

Seeking a $200,000 investment in Yardsale, Yardsale planned to use the funds to increase inventory, enhance marketing, and expand into retail. (Yardsale - Shark Tank Season 16

Kelly and Cristina entered Shark Tank Season 16, seeking $200,000 for 10% equity in Yardsale's ski accessories brand, Yardsale. (Yardsale - Shark Tank Season 16

Sources

Sources used for this page: sharktankblog.com