Garage Celebrations Shark Tank Episode 9 Update & Net Worth
Garage Celebrations Shark Tank Episode 9 Update & Net Worth Garage Celebrations is a company that brings a festive twist to your home with decorative garage door covers designed for various holidays and events. The company was featured on Shark Tank Season 14, Episode 9, where founders Bill Webster Sr. and Bill Webster Jr. sought…
Garage Celebrations Shark Tank Episode 9 Update & Net Worth
Garage Celebrations is a company that brings a festive twist to your home with decorative garage door covers designed for various holidays and events.
The company was featured on Shark Tank Season 14, Episode 9, where founders Bill Webster Sr. and Bill Webster Jr. sought an investment of $200,000 for 20% equity in their business. By the end of their pitch, the father-son duo struck a deal with Mark Cuban for $200,000 in exchange for 30% equity.
Since appearing on the show, Garage Celebrations has seen substantial growth, quadrupling its revenue and securing partnerships with major brands like Peanuts and Disney. The company’s current net worth is estimated to be $666,000.
What is Garage Celebrations? How Does it Work?
Garage Celebrations offers reusable, washable garage door covers that transform plain garage doors into festive backdrops. These covers are available in various designs that cater to holidays like Halloween, Christmas, and other celebrations.
The covers are made using a sublimation printing process, ensuring they are durable and resistant to fading from sunlight.
They are available in three sizes to fit different garage doors, including 7′ x 8′ for single-car doors and 7′ x 16′ for two-car doors. The covers are easy to install, taking only 5 to 10 minutes to set up, thanks to a zipper system that securely attaches them to the garage door.
Garage Celebrations Shark Tank Episode 9 Season 14: What Happened at Shark Tank Pitch?
During their appearance on Shark Tank, Bill Webster Sr. and Bill Webster Jr. presented their festive garage door covers to the sharks. The company had already achieved impressive sales of $175,000 from Halloween-themed covers alone.
The covers, which cost $35 to manufacture and sell for just over $100 each, caught the attention of the sharks due to their solid margins.
Despite the solid sales numbers, some sharks had reservations. Barbara Corcoran and Lori Greiner expressed concerns about the product’s design and the company’s valuation, leading them to drop out. Kevin O’Leary also declined, citing concerns about the business’s potential for growth.
However, Mark Cuban saw potential in pairing the product with the Dallas Mavericks and offered $200,000 for 30% equity. The Websters accepted Mark’s offer, securing a strategic partner to help grow their business.
Garage Celebrations Shark Tank Pitch Summary
| Company Name | Garage Celebrations |
| Founder | Bill Webster Sr. and Bill Webster Jr. |
| Product | Festive garage door covers |
| Amount Asked For | $200,000 for 20% equity |
| Final Deal | $200,000 for 30% equity |
| Investor | Mark Cuban |
| Season & Episode | Season 14, Episode 9 (Shark Tank USA) |
| Lifetime Sales | $500,000 estimated |
| Business Status | In Business |
| Current Net Worth | $666,000 estimated |
What Happened To Garage Celebrations After Shark Tank?
Following their appearance on Shark Tank, Garage Celebrations experienced a significant boost in sales, partly due to the episode airing just before the 2022 Christmas season.
The company capitalized on this momentum, and according to Bill Webster Jr., they have since quadrupled their revenue. In addition to their sales growth, they have secured licensing deals with Peanuts and Disney, which will help expand their product offerings.
The company is also in talks with Lowe’s and Ace Hardware to sell their covers in select stores, potentially leading to a larger retail rollout.
How Much Is Garage Celebrations Worth?
The current net worth of Garage Celebrations is estimated to be $666,000. The company has seen steady growth since its inception, with sales reaching $500,000 as of early 2024.
With the additional funding from Mark Cuban and the expansion of their product line through licensing deals, the company is well-positioned to increase its valuation further.
Is Garage Celebrations Still in Business?
Yes, Garage Celebrations is still in business as of April 2024. The company continues to innovate and expand its product line, with new designs and partnerships set to launch in late 2023 and 2024.
The Websters remain committed to improving their product and exploring new markets, ensuring the company’s ongoing success.
Which Episode Number was Garage Celebrations Shark Tank?
Garage Celebrations was featured on Shark Tank Season 14, Episode 9, which aired on December 9, 2022. The episode showcased the company’s innovative approach to holiday decorations and resulted in a successful partnership with Mark Cuban.
