Taverns
Backyard bar manufacturing and delivery
Pitch Details
Season / Episode
S16E6
Nov 22, 2024
Ask
$400,000
for 10%
Ask Valuation
$4M
Deal
$400,000
for 15%
Watch the Pitch
Deal Terms
Amount$400,000
Equity15%
Valuation$2.7M
Royaltyyes per_unit
What Happened Next
Operating
$2.2M
reported
- Deal closed: $400K for 15% equity plus $30/bar royalty until Lori recoups $400K and makes $600K — Lori Greiner
- Lifetime sales $2.2M since founding in 2020; projecting $4M in 2024
- Offers more than 25 models of backyard bars, delivered and assembled in under 90 minutes
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