Hoop Trailer is a basketball entertainment company founded by Scott and Gabriella Mosteller; they are from San Diego, California. They said the idea came from their children’s love of basketball. Before this business, they also launched a mobile beverage business named Hello Penny Bar.
They launched the company in 2024, and it immediately attracted an audience, selling 77 trailers in just 15 months. The machine has an electric scoreboard and other basketball game features, which make it attractive. They also added the 2,400-watt generator, which allows the trailer to use its own power without using outside power. The company sells its trailers to operators, and they don’t have to pay any royalties to the original company.
Scott and Gabriella came on Shark Tank seeking $250k for 5% equity in their company, having a valuation of $5M. In this article, we will discuss their sales, customer acquisition cost, manufacturing cost, and all other stuff related to the business.
Hoop Trailer Net Worth
Scott and Gabriella Mosteller came on Shark Tank asking for $250,000 for 5% of Hoop Trailer. That meant they valued their company at $5 million. But Rashaun Williams wanted more equity for that money. He first offered $250,000 for 20%, and then they agreed on $250,000 for 10% with the investment to be repaid within three years. That agreement valued Hoop Trailer at $2.5 million based on the equity alone. But there was also the repayment condition, so it was not quite the same as a normal investment for 10% of a company. The founders had already sold 77 trailers in about 15 months, and each trailer was priced at around $60,000. That is quite a lot of money in trailer sales for a business that had only been operating for a short time. Hoop Trailer is still in business in 2026. Its website now shows 94 locations, and the company has introduced Touchdown Trailer, which brings the same idea to football. Its Shark Tank episode aired on November 11, 2026, so there has not been much time to see what happened after the show. The latest on-screen deal valued Hoop Trailer at $2.5 million, but the company has not confirmed its current net worth or whether the investment with Rashaun actually closed.
Did Hoop Trailer Get a Deal on Shark Tank?
Yes, Hoop Trailer successfully secured the deal with Rashaun Williams. At the beginning, they were seeking $250k for 5% equity. They mentioned that in just 15 months, they sold 77 trailers because, after their launch, everyone was attracted. It can be used for parties, school events, and other entertainment purposes.
Everyone was attracted and found it impressive because this company is related to sports. The standard price for licensing is $250 per trailer per month; they have to pay an extra $100 for additional features.
They got three deals from the Sharks; Rashaun Williams gave them two deals. The first one was $250k for 20% equity, and the second deal was $250,000 for 10% equity, with repayment of his investment within three years. Barbara’s offer was $250k for 15% equity. The third offer was from Kevin: $250k for 15% equity with pro rata distribution. After negotiation, they secured the deal with Rashaun for 10% with repayment of his investment in 3 years.
Hoop Trailer Shark Tank Deal Table
| Shark’s name | Offer & Demand | Accepted |
|---|---|---|
| Rashaun Williams | $250,000 for 10% equity with repayment within 3 years | Yes |
| Kevin O’Leary | $250,000 for 15% equity with pro-rata distribution | No |
| Barbara Corcoran | $250,000 for 15% equity without royalty | No |
| Lori Greiner | Out | No |
| Daymond John | Out | No |
Founders’ Backstory
Scott and Gabriella got the inspiration for Hoop Trailer from their children’s interest in basketball. At that point, they got the idea: why not convert this simple plan into a business model? Before this business, they already ran a beverage business and worked with different companies like Enplug, Greenfly, and Lyric.
But in 2024, they launched Hoop Trailer, which has a simple but unique idea: to take the basketball court directly to the customers and players. Before they worked as entrepreneurs, they had different backgrounds; Scott has a background in graphic designing and product management, which helped them design the prototype of their business. On the other hand, Gabriella had a background in marketing and worked as an influencer and an advocacy manager. Their backgrounds helped them establish this business.
Hoop Trailer Shark Tank Pitch
Scott and Gabriella entered Shark Tank and started their pitch by seeking $250k for 5% equity in their company, valuing it at $5 million. They highlighted that after they launched, within 15 months, they sold 77 trailers. Each trailer contains 4 customized arcade basketball machines, which also show the player’s score.
The trailer came with 25 custom-made leather hoops and a 24,000-watt generator, which helps the operator use its own power instead of using outside power. It came with a licensing opportunity, which charges an extra $100 per month, while $250 is the standard fee per month.
When they mentioned the sales, the Sharks found it interesting and wanted to know more about it. They mentioned that each trailer has its territory according to the company’s policy. For example, if an operator purchases a trailer for a specific city, they do not sell another one within a 50-mile radius. For each trailer, the time to build, brand, and deliver took 4–8 weeks normally.
They got three deals from William, Kevin, and Barbara. Lori and Daymond said no to the deal because they did not find it interesting as an investment. The founders wanted to deal with William because of his strong interest in the sports business.
Shark Questions, Negotiations, Discussion & Reactions
The Sharks were so impressed by the company’s rapid growth and sales that they wanted to dive deep for a better understanding and asked several questions:
Kevin O’Leary asked about the sales, manufacturing, and shipping costs. The founders replied that it was $60,000, with a $2-per-mile shipping cost from San Diego. With this, it also allowed operators to go with the licensing opportunity for $100 per month, while the standard fee was $250k.
After knowing the sales, the Sharks did not ask further questions and offered them deals. Kevin offered them $250,000 for 15% equity with pro-rata distribution. Barbara Corcoran gave them an offer of $250,000 for 15% equity without a royalty. While the deal from Rashaun had two offers, the first one was $250,000 for 20% equity, and the second was $250,000 for 10% equity with repayment within three years.
Even though everyone found this product interesting and fun to use, Daymond and Lori did not give them any offers. The founders were so overwhelmed when they got three deals, but they decided to partner with Rashaun because of his strong interest in sports. They locked the deal for $250,000 for 10% equity, with repayment within three years.
Why Some Sharks Said No
The Sharks said no to the deal because of the following concerns: Lori Greiner said no to the deal because she did not think that this product excited her enough to invest. On the other hand, the reason for Daymond John saying no to the deal was the same: he did not think the niche was in line with his interests. They thought that was the best product to be a customer of, but not the best for the investor.
The other Sharks found it interesting for investment and gave them different offers.
Where To Buy Hoop Trailer and Product Features
Operators can purchase and go with the licensing offer from their official website for under $600,000 for purchase, and for licensing it would be $250, with an extra $100 for additional facilities per month.
Unique features of Hoop Trailers are as follows:
- They have a 24,000-watt generator, which is used to power their own compartments without relying on outside power.
- Each trailer contains 25 custom blue HOOP leather basketballs.
- They provide a scoreboard that motivates players to play one more time.
- The best feature is that it’s mobile; the user does not have to go to the play center or entertainment center. It comes to players and users.
All these features excite the operators and customers about this product; that’s why they sold 77 trailers within 15 months of their launch.
What Happened To Hoop Trailer After Shark Tank?
Hoop Trailer already had amazing sales at the time of the pitch. They had already sold 77 trailers, which demonstrated their product’s demand in the market. But their presence on Shark Tank gave them benefits at another level. Their sales in purchasing and licensing increased to another level. After their pitch, they got offers from the Sharks, and they decided to do a partnership with Rashaun Williams because of his strong interest in sales.
With this partnership, they are going to improve the aspects that need improvement. While in 2026, they also launched another sports trailer, which is football, which has the same pricing, size, and licensing. Which shows that the company is expanding its business by launching new products.
Conclusion
Hoop Trailer is the mobile basketball company created by Scott and Gabriella. They got the inspiration because of their children’s interest in sports. They came on Shark Tank seeking $250k for 5% equity in their company. They demonstrated the unique features, including the scoreboard, a 24,000-watt generator, which prevents them from using outside power, and the last 25 blue leather basketball hoops. Even though it’s for people of all age groups, including kids, teenagers, adults, and the elderly.
Because of their passion and effort they put into their product, they received deals from the Sharks and, in the end, secured the deal with Rashaun. With the help of Rashaun’s mentorship, they planned to fix the aspects that needed improvement and wanted to introduce more products with features, just like they launched the football trailer in 2026. So stay tuned to know more about their company in the future.
