Tailgate N Go is a portable kitchen box. With this kitchen box, we can do cooking in outdoor without any problem. When we go for picnic or camping, we had to carry different types of things for cooking.
Sometimes these things seemed too frustrating. To solve this problem Tailgate N Go presents a modular design kitchen box with 360 degree rotatability.
This business was started in 2018 by (Ron, Kobe and Taylor) Johnson Family. They went camping, there they sat down and started searching for a better kitchen tool, unfortunately they could not find it.
They decided to make it themselves, within a year they invented a portable kitchen box named Tailgate N Go. For funding, they appeared on Shark Tank Season 11 Episode 5 and asked the sharks for $250,000 for 10% equity at $2.5 Million Valuation.
What Is Tailgate N Go?
Tailgate N Go is a portable 360 degree modular design kitchen box. This is an all in one kitchen box, many things have been attached inside it, which is necessary for cooking.
All the necessary things are attached in this box from vegetables to water supply. There are many cooking tools that can be attached with this box like Kuuma Grill, Collapsible Sink and many more.
This kitchen box comes in 3 models. The first full size model costs $1,500 (Now – $1,895), the second model Overlander costs $1,400 ($1,795) and the new model costs $1,000.
|Company Name||Tailgate N Go|
|Founder||Ron, Kobe and Taylor Johnson|
|Product||Portable Kitchen box|
|Asked For||$250K for 10% equity|
|Final Deal||$250k for 20% equity + $50 per unit royalty unit $250k is back|
|Episode (Shark Tank USA)||S11 E5|
|Air Date||Oct 27, 2019|
|Business Status||In Business|
|Headquarters||Grand Junction, Colorado, United States|
|Lifetime Worth (Sales)||$2M *estimated|
|Go To Amazon||Buy Now|
|Watch On||Amazon Prime|
Another Shark Tank Pitch
Who Is The Founder Of Tailgate N Go?
Tailgate N Go Company is invented by Johnson Family. This company was launched in 2018 to solve the cooking problem while outdoor camping.
Taylor Johnson is the Business Development Manager of this company, she has studied from Colorado Mesa University.
How Was The Shark Tank Pitch Of Tailgate N Go?
After entering the Johnson Family Shark Tank, the sharks demanded $250k for 10% equity. They explained to the sharks about their business like how it started etc.
They have sold 100 units so far. The manufacturer cost of the full size model is $748, the second model cost is $728 and the Riverbox cost is $500.
All these products are made in Colorado. They have both provisional utility patents. They invested a total of $250,000 to start this business.
Kevin O’Leary made an offer of $100k as a line of credit at 10% intrest for 10% equity + a royalty of $100 per unit in perpetuity. They countered Kevin by $250k for 15% equity.
They countered Matt Higgins for $250k for 20% equity. Kevin O’Leary countered another $250k as a line of credit at 10% intrest for 10% equity + royalty of $50 per unit in perpetuity.
Matt countered $250k for 20% equity + $50 per unit royalty unit $250k is back. The founders agreed to this offer.
Finalized: Matt Higgins invests $250k in “Tailgate N Go” for 20% equity + $50 per unit royalty unit $250k is back.
What Happened To Tailgate N Go After Shark Tank?
Tailgate N Go got a successful deal in Shark Tank. Matt Higgins had invested in this manufacturer company.
They have a licensing partnership with both NFL and NCAA. They have launched two outdoor portable kitchen tools called NFL and NCAA Edition, costing $1,995.
What’s new on Tailgate N Go
In the beginning of 2022, this company faced the supply chain issue. As of April 2023, the annual revenue of this company is estimated to be $1 million.
Tailgate N Go Shark Tank Update
After the Johnson family entered the shark tank, they explained their invention to the sharks. They told Shark how they invented this product. They said that they need sharks, so that they can scale this business quickly.
We’re following Ron, Kobe and Taylor Johnson along with their company for further updates.
What Is the Net Worth of Tailgate N Go?
Tailgate N Go’s current worth is estimated at $1 million. This business was launched in the last month of 2018. In the initial years, they sold around 100 units portable kitchens box. According to us this product is very expensive.
Is Tailgate N Go Still In Business?
The Johnson family had to face many difficulties while starting this business. When they identified the problem, they invested their $250,000 savings to create this product as a solution.
This company is headquartered in Grand Junction, Colorado, United States and may employ 1-10 people.
Yes, Tailgate N Go is still in business as of April 2023.