Boot Illusions, founded by Queenie Davis and Andrew Goodrum, appeared on Shark Tank in 2012, offering innovative footwear covers that transform heels into boots. They secured a $100,000 deal for 55% equity with Barbara Corcoran, but the agreement eventually fell through due to manufacturing and logistical issues.
Despite early interest and some sales, challenges such as a closed Turkish factory and customs delays with a new manufacturer in Brazil hindered the company’s progress. As a result, Boot Illusions went out of business by 2014, with its website now inactive and the business shuttered.
Boot Illusion Net Worth
Net worth | $333,333 (2012) Business Valuation |
Lifetime sales | Not available |
Investor | Barbara Corcoran |
Founders | Andrew Goodrum and Queenie Davis |
Employees | Not available |
Boot Illusion Pitch on Shark Tank
Company name | Boot Illusion |
Product | a Shoe cover |
Episode | Season 03 Episode 13 |
Founders | Andrew Goodrum and Queenie Davis |
Asked for | $100,000 for 30%of equity |
Final deal | $100,000 for 55%of equity |
Shark | Barbara Corcoran |
Location | USA |
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Boot Illusion Founders
Boot Illusion was founded by Andrew Goodrum and Queenie Davis. The business launch date was unknown. The founders of Boot Illusions are very passionate about the business. Both of them like and want to do something new for the fashion industry. Boot Illusion’s founders, Andrew Goodrum and Queenie Davis net worth is unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2012 | Boot Illusion appeared on Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Boot Illusion was one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Boot Illusion went out of business in 2021. And the product is no longer available in the market.