Turbobaster, a Shark Tank-featured business known for its innovative kitchen tool, has unfortunately gone out of business. Despite initial interest from investors, including a deal with Barbara Corcoran on the show, the product faced challenges in scaling and securing broader retail distribution.
The company’s net worth remains undisclosed, and no significant acquisitions or crowdfunding efforts followed its Shark Tank appearance. Since then, the business has ceased operations, with no major milestones or updates reported in recent years, highlighting the difficulty of turning a niche product into a sustainable enterprise. The company before closure had a net worth of $116,666.
Turbobaster Net Worth
| Estimated Net worth | $116,666 (Business Valuation) |
| Annual Sales Revenue | Not available |
| Lifetime sales | Not available |
| Investor | Kevin Harrington |
| Founder | Marian Cruz |
| Employees | Not available |
Turbobaster Pitch on Shark Tank
| Company name | Turbobaster |
| Product | Cooking Utility |
| Episode | Season 01 Episode 03 |
| Founder | Marian Cruz |
| Asked for | $35,000 for 30% equity |
| Final deal | $35,000 for 100% equity + 2% royalty to Marian |
| Shark | Kevin Harrington |
| Location | USA |
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Turbobaster Founder
Turbobaster was founded by Marian Cruz in 2006. Marian is a professional chef. He loved to have experience with cooking. Turbobaster’s founder, Marian Cruz’s net worth is unknown as of 2024 as the business is no longer functioning.
Key accomplishments
| Year | Accomplishment |
| 2012 | The Turbobaster was one of the best innovative products for kitchen use. |
| 2009 | Turbobaster appeared on Shark. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Turbobaster 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, Turbobaster went out of business in 2010. And the product is no longer available in the market.