In 2012, Travis Osborne founded Mobile Tyre Shop, a service that brings tire fitting directly to customers. In 2015, he appeared on Shark Tank Australia and secured a deal with Steve Baxter and John McGrath for $150,000 in exchange for 10% equity, plus a $100,000 loan.
However, the deal fell through during due diligence. Despite this setback, the company expanded nationwide, operating in multiple Australian cities.
By 2025, Mobile Tyre Shop’s net worth was estimated at $50 million, with annual revenue of $12.3 million. The company continues to grow, serving thousands of customers across Australia.
Mobile Tyre Shop Net Worth
Net worth | $50 Million (2025) |
Annual Sales Revenue | $12.3 Million (2025) |
Profits | Not available |
Lifetime sales | Not available |
Investors | Steve and John |
Founder | Travis Osborne |
Employees | Not available |
Mobile Tyre Shop Pitch on Shark Tank
Product | A mobile car tire fitting shop that comes to you |
Episode | Season 01 Episode 03 |
Founder | Travis Osborne |
Asked for | $250k for 10% Equity |
Company name | Mobile Tyre Shop |
Final deal | $150,000 for 10% Equity |
Sharks | Steve and John |
Location | Australia |
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Mobile Tyre Shop Founder
Mobile Tyre Shop was founded by Travis Osborne in 2012. He is a very passionate businessman and an entrepreneur. He worked so hard to grow his business. Mobile Tyre Shop’s founder, Travis Osborne has a net worth around $50 million as of 2025.
Key accomplishments
Year | Accomplishment |
2024 | Mobile Tyre Shop has expanded its services to 3,644 suburbs and cities in Australia. |
2015 | Mobile Tyre Shop 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 Mobile Tyre Shop and its continued success.