The Turbobaster is an all-in-one baster cooking tool that functions as a marinade injector and Meat Basting Brush. This product has been created by Marian Cruz, a resident of California.
Seeing the business opportunity in this product, Marian appeared on Shark Tank Season 1 Episode 3 and asked the Sharks for $35,000 for 30% equity. Her product was in a prototype model, hence no sales were made. Kevin Harrington invested $35,000 to take 100% ownership of the business + a 2% royalty on profits will go to Marian.
What Is Turbobaster?
TurboBaster is a battery-powered all-in-one baster cooking tool that works as a meat baster, basting brush, and cleaning brush. With this single product, the work will become easier and people will also save a lot of time in Basting.
Company Name | Turbobaster | |
Founder | Marian Cruz | |
Founded | 2007 | |
Product | All-in-one baster cooking tool | |
Asked For | $35k for 30% equity | |
Final Deal | $35,000 to take 100% equity + 2% royalty go to Marian | |
Shark | Kevin Harrington | |
Episode (Shark Tank USA) | S1 E3 | |
Air Date | Aug 23th, 2009 | |
Business Status | Out of Business | |
Website | Visit Website | |
Headquarters | Fremont, California, USA | |
Annual Worth (Sales) | $0M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Turbobaster?
The Founder and Inventor of Turbobaster Business is Marian Cruz. As of now, we have not been able to find much information about Marianne on the internet.
How Was The Shark Tank Pitch Of Turbobaster?
After entering the Shark Tank, Marian asked the Sharks for $35k for 30% equity at a $116k Valuation. The product presentation she gave in Shark Tank was a prototype. Kevin O’Leary asked Marian about the product’s estimated retail cost and manufacturer’s cost.
Marian said the estimated retail cost of the normal product is $19.99 and the cost of the stainless model is $29.99 but Marian has no idea of the manufacturing cost of the product.
Kevin O’Leary said that Marian does not have any information about the product’s estimated manufacturing cost, sales, market size, and competitors. Because of this, he is out.
Barbara Corcoran said that she has no idea about the making cost of the product and hence she is out. Robert Herjavec said if you don’t have numbers of sales, manufacturers, etc then I am out.
Kevin Harrington said he liked the product and offered $35k with a 2% royalty for 100% equity. Marian said she would take the offer.
Meanwhile, Daymond John offered $40k with a 2% royalty for a 51% equity. After some time, Daymond increased the investment to $50k. But Marian accepted Kevin Harrington’s offer.
Sharks | Offers |
---|---|
Barbara Corcoran | No Offer |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Daymond John | $40k with a 2% royalty for a 51% equity (#1) $50k with a 2% royalty for a 51% equity (#2) |
Kevin Harrington | $35k with a 2% royalty for a 100% equity (#1) |
Founder’s (Countered) | No Counters |
Final Deals | $35k with a 2% royalty for a 100% equity |
What Happened To Turbobaster After Shark Tank?
TurboBaster got a deal on Shark Tank. Shark Kevin Harrington took 100% ownership of the business and invested $35k.
Since this episode of Shark Tank aired, there has been no information available on the internet about this business. The official website and social handles of this business have been shut down.
It appears that the Turbobaster business has been shut down.
Turbobaster Shark Tank Update
We have not received any information about this kitchen product since this episode of Shark Tank aired. However, Marian sold 100% ownership of the business for $35k, keeping a 2% royalty. So right now there is no proof of any kind that can tell that this business is still live.
What Is Turbobaster’s Net Worth?
Turbobaster’s net worth is estimated at $0 million. The kitchen & dining furniture industry is a huge market. Many brands are spending billions of dollars every year in this industry. The global market size of this industry is estimated to be US$89.47bn in 2024.
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 |
2023 | $0M *estimated |
2022 | $0M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2009 | $35k | Kevin Harrington |
Is Turbobaster Still In Business?
Turbobaster is currently out of business and there is no new information available on the internet about this business.
No, Turbobaster has been out of business since 2008.
frequently asked questions
Who founded Turbobaster?
Turbobaster was founded by Marian Cruz.
Did Turbobaster get a deal on Shark Tank?
Yes, Turbobaster got a deal on Shark Tank.