Boho Vans Net Worth is $25 Million US Dollars. As per Shark Tank Update, Boho Vans sales revenues are $7 million per year. Baraba invested $300k into Boho Vans for a 10% stake in the company.
As of today, Boho has sold over 110 vans and has a rental fleet of 85 camper vans. Boho Vans is one of the few companies from Shark Tank that survived the Covid Lockdown and became highly successful after that.
Boho Vans Net Worth
| Net Worth | $25 Million |
| Annual Revenue | $7 Million |
| Profits | $2 Million |
| Lifetime Sales | $19 Million |
| Employees | 14 |
| Investor | Barbara Corcoran |
Sales after Shark Tank
When Boho Vans pitched on shark tank, their annual sales were $490k. In the one-year period after appearing on Shark Tank, their sales rose to $2.4 million.
Even though Covid has severely affected their growth, they are back on their feet now. As of today, Boho Vans generates $620k in monthly revenues with over 35% profit margin.
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Shark Tank Pitch
The founders of Boho Vans pitched on Shark Tank for a $300k investment in exchange for 10% equity. Boho Camper Vans offer features like kitchens, beds, and solar-powered electricity for full-time mobile living.
The vans are easy to drive and affordable, with a rental cost of $200 per night and a 3-night minimum. They sought investment to scale operations. Kevin offered $300k for 33% equity, Rohan for 25%, and Barbara proposed $150k as equity and $150k as a loan for 10% equity.
Lori offered $300k for 20% equity, with a charitable component of donating vans to the homeless. The founders accepted Barbara’s deal due to her real estate expertise.
FAQs
One Boho Van will cost $49,000 to buy, including taxes and fittings.
David Sodemann is the CEO and Co-founder of Boho Vans appeared on Season 11 of the Shark Tank.
Boho rents and sells low-cost camper vans.
Boho Camper Vans generate over $7 million in revenues annually making it one of the most successful products from Shark Tank.