Dede Barbanti-Parra and Kathy Lamm appeared on Shark Tank Season 1 Episode 7 and asked the Sharks for $700k for 70% equity in their company Boogie Box Fitness. Dede is a dancer, choreographer, and martial artist, she has created a new exercise routine by combining these 3.
They need investment to launch the home DVD line. Unfortunately, all the sharks refused to invest in this business. The sharks said that this is a risky investment and they cannot do it. Dede and Kathy had to leave the Shark Tank empty-handed.
What Is Boogie Box Fitness?
Boogie Box Fitness is a company that offers exercise classes that combine dance, choreographers, and martial artists. The home DVD line is a new way to provide exercise classes.
Company Name | Boogie Box Fitness | |
Founder | Dede Barbanti-Parra and Kathy Lamm | |
Founded | 2006 | |
Product | Exercise DVD line | |
Asked For | $700k for 70% equity | |
Final Deal | No Deals | |
Shark | No Sharks | |
Episode (Shark Tank USA) | S1 E7 | |
Air Date | Sep 29th, 2009 | |
Business Status | Out of Business | |
Website | Visit Website | |
Headquarters | Ladera Ranch, California, USA | |
Lifetime Worth (Sales) | $1M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Boogie Box Fitness?
The Co-Founder and CEO of Boogie Box Fitness Company is Dede Barbanti-Parra and the COO is Kathy Lamm. Both of them started this company together.
How Was The Shark Tank Pitch of Boogie Box Fitness?
After entering the Shark Tank, Dede and Kathy presented their exercises with a dance mix. They asked the sharks for $700k for 70% equity and a $1 million valuation. The lifetime sales of their other businesses till 2009 were $15,000 which is quite low.
Daymond John said investing $700k in this business is a risk so he is out. Robert Herjavec said that he cannot take so much risk by spending money on this business, so he is out. Kevin O’Leary said he believes investing in this business is a crime for money, so he is out.
Kevin Harrington said that it is not a brand, so he is out. Barbara Corcoran said that the brand name is cool but the issue is asking for more money, which is why she was out.
Sharks Offers list!
Sharks | Offers |
---|---|
Barbara Corcoran | No Offer |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Daymond John | No Offer |
Kevin Harrington | No Offer |
Founder’s (Countered) | No Counter |
Final Deals | No Deals |
What Happened To Boogie Box Fitness After Shark Tank?
Boogie Box Fitness did not get the deal in Shark Tank. All the sharks refused to invest in this business. Within months of this episode airing, they were featured on a national TV show and also launched their home DVD line.
Till now there is no information about the real revenue of the company but in 2020 the company was completely shut down. We estimate this company’s lifetime sales to be less than $1 million.
Boogie Box Fitness Shark Tank Update
Dede and Kathy gave a very good presentation in Shark Tank but they did not get investment. Barbara said that you asked for a very high amount due to which the Sharks refused to take the risk. This business has now been closed.
What Is Boogie Box Fitness’s Net Worth?
Boogie Box Fitness’s net worth is estimated at $0 million. In today’s time, the fitness class business has come a long way, many big brands are providing servers and products related to fitness. There is a lot of competition in this industry.
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.
Years | Annual Revenue |
2005-20 | $1M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
n/a | n/a | n/a |
Is Boogie Box Fitness Still In Business?
This fitness business has now closed. There is not much information available on the internet about the co-founders of the business, Dede Barbanti-Parra and Kathy Lamm.
The official address of this company is Ladera Ranch, California, United States.
No, Boogie Box Fitness has been out of business since 2020.
frequently asked questions
Who founded Boogie Box Fitness?
Boogie Box Fitness was founded by Dede Barbanti-Parra and Kathy Lamm.
Did Boogie Box Fitness get a deal on Shark Tank?
No, Boogie Box Fitness didn’t deal with Shark Tank.