Garage Celebrations, founded by Bill Webster Sr. and Bill Webster Jr., gained significant attention after their appearance on Shark Tank. Mark Cuban invested $200,000 for a 30% equity stake, valuing the company at $660,000.
Since then, they have expanded their product range and service area, achieving a 100% increase in revenue in their second year. The company specializes in reusable, washable garage door covers for various holidays and occasions, which are now available across multiple states.
Garage Celebrations Net Worth
Estimated Net worth | $666,000 (Business Valuation) |
Annual Sales Revenue | $175,000 (2022) |
Lifetime sales | $500,000 |
Investor | Mark Cuban |
Founders | Bill Webster Sr. and Bill Webster Jr. |
Employees | – |
Garage Celebrations Pitch on Shark Tank
Company name | Garage Celebrations |
Product | Festive Garage Door Covers |
Episode | Season 14 Episode 09 |
Founders | Bill Webster Sr. and Bill Webster Jr. |
Asked for | $200,000 for 20% equity |
Final deal | $200,000 for 30% equity |
Shark | Mark Cuban |
Location | Rancho Palos Verdes, California |
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Garage Celebrations Founders
Garage Celebrations was founded by Bill Webster Sr. and Bill Webster Jr. in 2021. They are father and son duo. Bill Webster Jr. is a Harvard architecture student. Garage Celebrations’s founders, Bill Webster Sr. and Bill Webster Jr.’s net worth is unknown at the moment. However, according to Shark Tank pitch, he should have a net worth above $666,000.
Key accomplishments
Year | Accomplishment |
2022 | The company has a patent-pending technology. |
2022 | Garage Celebrations appeared on Shark Tank. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future of Garage Celebrations and its continued success.