Shark Tank Pitch

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

Taverns To Go Shark Tank Update

2m

Consumer Products

Pitch Overview
NameTaverns To Go
Main PresentersNone
Order Shown in Episode2
Final DealOffer made from sharks

Taverns To Go Shark Tank Pitch

Taverns To Go appeared on Shark Tank Season 16, Episode 6, which aired on November 22, 2024, with Portable Backyard Bar.

Taverns To Go is listed in the Consumer Products category. In plain terms, the business is described as Portable Backyard Bar.

Taverns To Go asked the Sharks for $400,000 for 10% equity, implying a valuation of about $4 million.

On the show, Taverns To Go made a listed deal for $400,000 for 15% equity plus a $30 royalty until $600,000 is paid back.

If treated as straight equity, the listed deal works out to about $2.7 million implied valuation, down from the original $4 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
SharksDeal$400,000 for 15% equity plus a $30 royalty until $600,000 is paid back
CompanyOffered$400,000 for 10% equity

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Taverns To Go After Shark Tank

Taverns To Go accepted an on-air deal for $400,000 for 15% equity plus a $30 royalty until $600,000 is paid back. Taverns To Go remained active after the episode. (Taverns-To-Go - Shark Tank Season 16 , Taverns To Go Update | Shark Tank Season 16 ).
Enda and Paul entered Shark Tank Season 16, seeking $400,000 for 10% equity in Taverns To Go's backyard bar manufacturing and delivery business. (Taverns-To-Go - Shark Tank Season 16 , Taverns To Go Update | Shark Tank Season 16 ).
After Taverns To Go's pitch, Enda and Paul secured a deal with Lori Greiner for $400,000 for 15% equity plus a $30 royalty until $600,000 is paid back. (Taverns-To-Go - Shark Tank Season 16 , Taverns To Go Update | Shark Tank Season 16 ).
To date, Taverns To Go have achieved $2.2 million in sales this year alone and are on track to reach $4 million in revenue by year-end. (Taverns-To-Go - Shark Tank Season 16 , Taverns To Go Update | Shark Tank Season 16 ).
Cumulatively, Taverns To Go is about to surpass $10 million in total revenue. (Taverns-To-Go - Shark Tank Season 16 , Taverns To Go Update | Shark Tank Season 16 ).

Sources

Sources used for this page: sharktankblog.com , sharktankblog.com , Shark Tank Recap .

Join the Newsletter

Stay up to date on the latest news and updates occuring in the Shark Tank world.

Join the Newsletter

Stay up to date on the latest news and updates occuring in the Shark Tank world.

icon
Powered byContibase