Boogie Box Fitness Shark Tank Update (Season 1)

Boogie Box Fitness is a company that offers exercise classes combining dance, choreography, and martial arts. Their home DVD line provides a unique way for people to experience these fitness classes at home.

Company NameBoogie Box Fitness
FounderDede Barbanti-Parra and Kathy Lamm
Founded2006
ProductExercise DVD line
Asked For$700k for 70% equity
Final DealNo Deals
SharkNo Sharks
Episode (Shark Tank USA)S1 E7
Air DateSep 29th, 2009
Business StatusOut of Business
WebsiteVisit Website
HeadquartersLadera Ranch, California, USA
Lifetime Worth (Sales)$1M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Boogie Box Fitness?

Image via ABC Shark Tank

The co-founder and CEO of Boogie Box Fitness is Dede Barbanti-Parra, while Kathy Lamm serves as the COO. Both of them co-founded the company together.

How Was The Shark Tank Pitch of Boogie Box Fitness?

After entering Shark Tank, Dede and Kathy presented their exercise program, which combines dance and fitness. They asked the sharks for $700,000 in exchange for 70% equity, valuing the company at $1 million. However, their lifetime sales from other businesses up until 2009 were only $15,000, which is quite low.

Daymond John stated that investing $700,000 in this business would be too risky, so he was out. Robert Herjavec agreed, saying he couldn’t take such a risk with the investment, so he was out as well. Kevin O’Leary called it a poor investment and said it would be a “crime for money,” so he was out too.

Kevin Harrington mentioned that the business wasn’t a strong brand, so he was out. Barbara Corcoran liked the brand name but felt that the founders were asking for too much money, which led her to bow out as well.

Sharks Offers list!

SharksOffers
Barbara Corcoran Barbara CorcoranNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’LearyNo Offer
Robert Herjavec Robert HerjavecNo Offer
Daymond John Daymond JohnNo Offer
Kevin Harrington Kevin HarringtonNo Offer
Founder’s (Countered)No Counter
Final DealsNo Deals

Boogie Box Fitness Shark Tank Update

Boogie Box Fitness did not secure a deal on Shark Tank, as all the sharks declined to invest in the business. However, within months of the episode airing, the company was featured on a national TV show and launched its home DVD line.

There is no confirmed information about the company’s actual revenue, but it was reported that the company shut down completely in 2020. It is estimated that the company’s lifetime sales were less than $1 million.

Although Dede and Kathy gave a strong presentation on Shark Tank, they were unable to secure investment. Barbara Corcoran pointed out that the founders’ request for a very high amount led the sharks to refuse taking the risk. The business has since been closed.

What Is Boogie Box Fitness’s Net Worth?

Boogie Box Fitness’s net worth is estimated at $0 million. The fitness class industry has evolved significantly over the years, with many large brands now offering services and products related to fitness. As a result, there is intense competition in this industry today.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2005-20$1M *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
n/an/an/a

No, Boogie Box Fitness has been out of business since 2020.

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