Small messes can be a pain to clean up. Trevor Lambert and John Vadnais are making cleanup easier with the VaBroom: part vacuum, part broom, and all innovation. After pitching it on
If you’re short on time, here’s a quick overview of what happened to VaBroom after
Trevor Lambert and John Vadnais appeared on
|Kevin O’Leary||Accepted deal for $350,000 for 2.5% equity and $3/unit until $700,000 is re-paid|
|Mark Cuban||No Offer|
|Lori Greiner||No Offer|
|Daymond John||No Offer|
|Peter Jones||No Offer|
Shark Tank VaBroom Update
- Entrepreneurs: Trevor Lambert and John Vadnais
- Business: Broom with vacuum suction
- Ask: $350,000 for 2.5% equity
- Result: $350,000 for 2.5% equity and $3/unit until $700,000 is re-paid
- Shark: Kevin O’Leary
Trevor Lambert and John Vadnais brought VaBroom into the
It isn’t intended to replace your vacuum, but instead be a better version of the broom. This lightweight product is a hit among people who have trouble bending down, as well as moms who are constantly cleaning up after their kids.
In the last 12 months, VaBroom has had $3.1 million in sales. Obviously, there’s a market for this and the product has been featured at Bed Bath and Beyond as well as selling direct-to-consumer.
The sharks seem to like the Vabroom, but some concerns arise once the entrepreneurs go into more detail on their business model. The product is tied to Trevor’s design firm where it was created, giving the company a royalty on the product sales in perpetuity.
Mark Cuban is the first shark to drop out, stating that the equity offer is too low. He also cites issues with their design firm model as one of his reasons for leaving the deal.
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Guest shark Peter Jones voices similar concerns. He thinks the product is unnecessary, so he goes out second.
Daymond John exits quickly after Mark and Peter, stating that the equity is too low for him to consider. Additionally, he suggests that they might be there for the exposure rather than to make an honest deal.
This leaves only two sharks left on deck. Kevin O’Leary likes the product, but he needs more incentive to sell it.
He offers $350,000 for a 2.5% stake in the design firm. The deal includes a $3 per unit royalty until Kevin recoups $700,000.
Upon hearing this offer, Lori Greiner decided to drop out as well. She mentions her insecurity about the patents associated with the product in such a crowded space.
Trever and John try to haggle Kevin up to $700,000 for a 5% stake, but he refuses. In the end, they accept the royalty deal, saying Mr. Wonderful is a shark they definitely want to work with.
Was this a good deal for Kevin? We’ll find out in our VaBroom update.
Our VaBroom update reveals that the company continues to thrive, although it’s unclear whether they closed the deal with Kevin. Despite this, the company has grown to an estimated $5 million in annual revenue.
Trever and John were able to expand their retail presence after
Despite the popularity, Lori’s concerns about patents seem valid, as well, since there are numerous nearly identical products currently on the market.
So far, the company has been featured in over a dozen publications, including Trend Hunter, Digital Trends, and more. With the exposure from
Our VaBroom update research found that the product has gone viral on TikTok, which likely led to tons of sales. If you’d like to check out the product yourself, be sure to visit the VaBroom website.
Beyond the VaBroom, the duo is also continuing their hustle in the innovation space. Trevor is still the CEO of Enhance Innovations, the design firm behind the VaBroom while John heads up the sales operations.
So, with such entrepreneurial spirits, perhaps our next VaBroom update will find Trevor and John back in the tank with another useful invention to share.
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Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!