Tandem Boogie Shark Tank Update (Season 12)

The Tandem Boogie is an inflatable bodyboard that can carry two people at once. Nose and rails have been given for the handle in this board so that both the rider can easily hold and can also take the experience of riding.

The width of this board is 34 inches, which makes the rider quite comfortable. The size of this Tandem Surf bodyboard is 51 x 34 x 4 and weighs 7 lbs.

The special thing about this board is that it is made from military-grade, high-density PVC material that can handle whatever weather, chemicals, impact, and scratches.

It is strong, soft, and also has an easy-to-grip handle. The option of installing a camera has been given in it, which will record every movement of this board with you. Its design helps in cutting the waves and moving forward without effort.

This board comes with a dual-stage pump and backpack and it is portable and it can be taken with you wherever it is allowed in flight.

The bodyboard costs $299, the surfboard costs $595, the adult hydro blade fins cost $79, and the Sit & Sup Kayak + Stand-up Paddleboard costs $995.

Company NameTANDM Inc.
FounderClark Family
ProductInflatable bodyboard designed to carry two people
Asked For$100,000 for 10% Equity
Final Deal$100,000 for 35% Equity
SharkRobert Herjavec and Daniel Lubetzky
Episode (Shark Tank USA)S12 Episode 17
Air DateMarch 12, 2021
Business StatusIn Business
Lifetime Sales (Worth)$5M *estimated
WebsiteVisit Website
HeadquartersSan Clemente, California, US
Go To AmazonBuy Now

Another Shark Tank Pitch

Who Is The Founder Of Tandem Boogie?

Tandem Boogie is a family business founded by John & Manya. Their three friends are Alleanna, Juliette, and Lyla, who help him in this business.

Manya works as an Industrial Engineer with 30 years of experience in Manufacturing and Operations.

John is a marketing expert, who works in marketing and product development in the corporate world.

Juliette and Alleanna are both currently studying at the University of California-Berkeley. Juliette is the CEO of the company and Alleanna is a community manager.

Lyla is currently studying Business and Law and she is in Apparel and Merchandise at this company.

Tandem Boogie Before Shark Tank

John presented this innovative product John had been very close to the water in the beginning.

In 2007, he founded a (Stand Up Paddling) surf club, which provides information and learns about the sport.

When this inflatable bodyboard was first introduced to this club, it was well received by the members of the club.

John’s first customer of this company was his Stand Up Paddling Surf Club. The Clark family launched this successful campaign on Kickstarter where they raised $31,230 from 101 backers in July 2020.

How Was The Shark Tank Pitch Of Tandem Boogie?

The Clark family brought the Tandem Boogie Company to Shark Tank and demanded 100,000 for 10% equity from the Sharks.

In this pitch, they also told the story related to the product’s journey and sales report as well as gave demo sessions on how these bodyboards work.

In the 2 months from the start of this business, their sales were $43,000 – $31,000 through kickstarts.

Each board has a making cost of $150 and a selling price of $459, with a profit margin of around 60%.

John told Shark Tank that this product is currently available in 4 retail stores.

John has a plan to expand this product globally. He will set up 25 accounts this year and generate $300,000 in sales by the end of the year.

Mark, Kevin & Lori opted out of this business offer. For this business, Mark said that it needs a lot of marketing.

Robert & Daniel offered John $100,000 for 35% equity, The Clark family made a counteroffer of 30%, but Robert declined it. The Clark family agreed to 35% equity.

Tandem Boogie Shark Tank Update
Photo Credit: instagram.com/tandmsurf

Tandem Boogie Shark Tank Update

The deal was signed by Robert & Daniels with a 35% stake in Tandem Boogie.

They sell products in many countries including Canada, Mexico, Europe, Japan, New Zealand, Australia, and Africa.

The company launched a “Tandm Surf Bodyboarding Contest” on Sunday, June 26, 2022, with an online registration fee of $60.

TANDM Surf has partnered with Surf Style. Surf Style is available in 60 mega-sized retail locations in the Southeastern United States. It has expanded to many new locations.

According to the tandmsurf blog, many kids were seen using tandm boards at the California bodyboard camp.

After Shark Tank, he introduced his three new products which are a surfboard, adult hydro blade fins, and Sit & Sup Kayak + Stand-up Paddleboard.

What Is The Tandem Boogie’s Net Worth?

Tandem Boogie’s net worth is estimated at $3 million. If you want to buy Tandem Boogie, then this product is available on Amazon and Surf Style retail stores.

They have got their patent done for their product and are also very active on social media.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x