Vabroom Broom Net Worth 2023 Update (Before & After Shark Tank)
Vabroom Broom, a Broom that is also a vacuum, was started by Trever Lambert and John Vadnais in 2019. As of September 2023, Vabroom Broom’s net worth is $10 Million and they’re pulling in a whopping $5 Million in annual revenue.
On Jan 14, 2022, they appeared on Season 13 of Shark Tank USA and made a deal with Kevin O’Leary, for $350,000 for 2.5% equity. The final valuation was $14 Million, the same as the founder’s initial estimate.
Vabroom Broom is still in business. Their products are available on the website and Amazon.
Vabroom Broom Net Worth
Net worth | $10 Million (2023) |
Annual Sales Revenue | $5 Million (2022) |
Profits | – |
Lifetime sales | $5.7M (2022) |
Investor | Kevin O’Leary |
Founders | Trever Lambert and John Vadnais |
Employees | 50 to 75 |
Vabroom Broom Net Worth Timeline
Net Worth 2023 | $10 Million |
Net Worth 2022 | $9 Million |
Net Worth 2021 | $7.5 Million |
Net Worth 2020 | $6 Million |
Net worth valuation in 2022 after appearing on Shark Tank | $14 Million |
Net worth valuation in 2022 before appearing on Shark Tank | $14 Million |
Vabroom Broom Pitch on Shark Tank
Company name | Vabroom Broom |
Product | Broom that is also a vacuum |
Episode | Season 13 Episode 11 |
Founders | Trever Lambert and John Vadnais |
Asked for | $350,000 for 2.5% equity |
Final deal | $350,000 for 2.5% equity and $3/unit until $700,000 |
Shark | Kevin O’Leary |
Location | Zealand Ave N, Minneapolis |
Don’t miss these products from Season 13
Vabroom Broom Founders
Vabroom Broom was founded by Trever Lambert and John Vadnais in 2019. Trevor is the CEO of Vabroom Broom Enhance Innovations. John Vadnais is a Vabroom Brooms Logistics representative. Vabroom Broom’s founders, Trever Lambert and John Vadnais, have a net worth of USD 2.25 Million as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | Vabroom Broom has had significant success in the cleaning industry and through Amazon and social media. |
2022 | VaBroom appeared on Shark Tank in Season |
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 for Vabroom Broom and its continued success.