Wendy’s Gnome Shop, decorative holiday gnomes, was started by Wendy Hoffmeister in 2019. As of December 2023, Wendy’s Gnome Shop net worth is $300,000 and they’re pulling in a whopping $688,000 in annual revenue.
In November 2021, they appeared on season 13 of Shark Tank USA. And made a deal with Daymond John, for $200,000 for 30% of equity. The final valuation was $666,666, down from the founder’s initial estimate of $1 million.
Wendy’s Gnome Shop is still in business as of December 2023. Their website and Etsy shop are actively selling gnomes, indicating continued customer demand and business activity.
Wendy’s Gnome Shop Net Worth
| Net worth | $300,000 (2023) |
| Annual Sales Revenue | $688,000 (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Daymond John |
| Founder | Wendy Hoffmeister |
| Employees | Not publicly available |
Wendy’s Gnome Shop Net Worth Timeline
| Net Worth 2023 | $300,000 |
| Net Worth 2022 | $300,000 |
| Net worth valuation 2021 after appearing on Shark Tank | $666,666 |
| Net worth valuation 2021 before appearing on Shark Tank | $1 million |
Wendy’s Gnome Shop Pitch on Shark Tank
| Product | Decorative holiday gnomes |
| Episode | Season 13 Episode 08 |
| Founder | Wendy Hoffmeister |
| Asked for | $200,000 for 20% equity |
| Company name | Wendy’s Gnome Shop |
| Final deal | $200,000 for 30% equity |
| Shark | Daymond John |
| Location | USA |
Don’t miss these product from Season 13
Wendy’s Gnome Shop Founder
Wendy’s Gnome Shop was founded by Wendy Hoffmeister in 2020. Wendy worked as a labor and delivery nurse manager. Wendy’s Gnome Shop’s founder, Wendy Hoffmeister,has a net worth of $300,000 as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2021 | Appeared on Shark Tank season 13 and Daymond John invested $200,000 for 30% equity |
| 2022 | The Shark Tank effect leads to a surge in website traffic and product demand. |
| 2023 | Wendy’s Gnome Shop maintains its upward trajectory, increasing revenue and customer base. |
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 Wendy’s Gnome Shop and its continued success.
