Garage Celebrations Update | Shark Tank Season 14

Jeremy Davis December 11, 2022September 5, 2023

Bill Webster Sr. and his son appeared on Shark Tank Season 14 to try and strike a deal for their company known as Garage Celebrations. The company designs festive garage door covers that can brighten up any season, event, or holiday. We will also provide you with some interesting Garage Celebrations updates after covering the negotiations.

Shark Tank Garage Celebrations Update

Entrepreneurs: Bill Webster Sr. and Bill Webster Jr.
Business: Festive Garage Door Covers
Ask: $200,000 for 20% equity
Result: $200,000 for 30% equity
Sharks: Mark Cuban

While the Garage Celebrations is brand new, the sharks were shocked to hear that the company had already generated more than $175,000 in gross sales for festive garage covers during Halloween. In terms of margins, a single garage door cover costs $35 to manufacture and sells for just over $100 per unit.

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Barbara Corcoran has concerns about the valuation and ultimately didn’t like the design of the garage door covers, so she dropped out first. Lori Greiner had similar concerns and didn’t feel comfortable making an investment either.

Mark Cuban was one of the final chances for Garage Celebrations to earn a deal, and felt that it would be a good product to pair with the Dallas Mavericks. However, he wanted 30% equity in exchange for his $200,000 investment. Despite the high equity ask, the father-son pairing accepted Mark’s offer shortly after hearing it.

Now that we’ve covered the important details about how the negotiations concluded, let’s get a Garage Celebrations update.

After airing on Shark Tank, Garage Celebrations received a nice boost in sales from the show’s popularity. It also worked out well that the episode aired just before Christmas 2022. Bill Webster Sr. and his son remain committed to fulfilling all of the company’s sales for the 2022 holiday season and seem interested in looking at ways to improve their product margins.

With Mark on their team, they’ll likely be able to partner with the Dallas Mavericks and other NBA teams which should help expand their customer base. We will be sure to let you know what happens in our next Garage Celebrations update.

For more updates on companies from Shark Tank Season 14 Episode 9, be sure to check the links below:

Additionally, don’t forget to check out our Season 14 products page too!

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Jeremy Davis

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Jeremy is a regular contributor at Shark Tank recap. He has a ton of passion for the show and enjoys researching information about what all the companies are up to now. His favorite Shark Tank companies are The Cookie Dough Cafe and Kronos Golf!