![]() ![]() Despite this, the company has grown to an estimated $5 million in annual revenue. Our VaBroom update reveals that the company continues to thrive, although it’s unclear whether they closed the deal with Kevin. Was this a good deal for Kevin? We’ll find out in our VaBroom update. Wonderful is a shark they definitely want to work with. In the end, they accept the royalty deal, saying Mr. Trever and John try to haggle Kevin up to $700,000 for a 5% stake, but he refuses. She mentions her insecurity about the patents associated with the product in such a crowded space. Upon hearing this offer, Lori Greiner decided to drop out as well. The deal includes a $3 per unit royalty until Kevin recoups $700,000. He offers $350,000 for a 2.5% stake in the design firm. ![]() Kevin O’Leary likes the product, but he needs more incentive to sell it. This leaves only two sharks left on deck. Additionally, he suggests that they might be there for the exposure rather than to make an honest deal. ![]() He thinks the product is unnecessary, so he goes out second.ĭaymond John exits quickly after Mark and Peter, stating that the equity is too low for him to consider. Guest shark Peter Jones voices similar concerns. Their broom-vacuum hybrid is pressure-activated and great for small spills and messes. Trevor Lambert and John Vadnais brought VaBroom into the Shark Tank with flair. Entrepreneurs: Trevor Lambert and John Vadnais.Shark:Īccepted deal for $350,000 for 2.5% equity and $3/unit until $700,000 is re-paid Further, they’re selling the product in multiple outlets including Lowe’s, Walmart, Amazon, and the VaBroom website. In terms of a VaBroom update, the company is still in business and has an estimated annual revenue of $5 million. Trevor Lambert and John Vadnais appeared on Shark Tank Season 13 and left with a deal from Kevin O’Leary for $350,000 for 2.5% equity and $3/unit until $700,000 is re-paid. If you’re short on time, here’s a quick overview of what happened to VaBroom after Shark Tank! After pitching it on Shark Tank Season 13, did the sharks love this genius hybrid cleaning product? We’ll refresh your memory with a quick pitch recap and VaBroom update. Trevor Lambert and John Vadnais are making cleanup easier with the VaBroom: part vacuum, part broom, and all innovation. ![]()
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