The festive season is around the corner, and there are lots of chores at hand. Whether it’s due to a busy schedule or a lack of creative ideas. No excuses are acceptable for an undecorated house on holidays and festivals. Everyone wants creative decor within their time and budget. Now, it’s possible because of Ready Festive.
Ready Festive is a customized decor provider for different seasons and events. It’s very simple to get your customized on your doorstep now. Reach their website, select the package, and then customize it according to your preferences and taste. You will get all your decor items on your doorstep. Just pick it and decorate your home.
Entrepreneurs Liz Voelker and Kristina Barnes are on Shark Tank Season 14. The pitch was good, and the sales were amazing. They demanded $250,000 for 10% equity. Did the entrepreneur get a deal on Shark Tank? Check out our Ready Festive update to find out!
Ready Festive Net Worth Shark Tank Update 2025
Liz Voelker and Kristina Barnes asked for a $250,000 investment in exchange for 10% equity in their company. This meant they valued their company at $2.5 million. They made a deal with Robert Herjavec for $250,000 in exchange for 18% equity in their company. This new deal valued their company at approximately $1.39 million. After the show aired, Ready Festive saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Ready Festive is about $1 million.
After the show aired, the company saw a big increase in sales and social media exposure. A huge surge of customers rushed to the Ready Festive after the episode aired. This theme-based company has great sales and growth.
Yes, they got a deal with Robert Herjavac for $250,000 for 18% equity. Keep reading our Ready Festive update to see what happens next!
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavac | #1: $250,000 for 20% equity #2: $250,000 for 18% equity | #1: $250,000 for 12% equity #2: $250,000 for 15% equity #3: $300,000 for 15% equity | Yes |
| Lori Greiner | Out | N/A | No |
| Kevin O’Leary | Out | N/A | No |
| Barbara Corcoran | Out | N/A | No |
| Mark Cuban | Out | N/A | No |
Ready Festive Shark Tank pitch
Liz has years of experience in Marketing and Sales as she has past years with one of the largest entertainment companies. She can handle everything from customer needs to social media. Kristina has 15 years of experience with Merchandise and Product Development at the largest retail stores.
Liz and Kristina introduced themselves. Then, they demanded $250,000 for 10% equity in their company, Ready Festive. Kristina explained how everyone loves the festival season but not the decor process. The decor takes time, effort, and creativity. It’s not an easy job for everyone. So here is when Ready Festive jumps in.
Ready Festive is a decoration provider company that customizes decorations for its customers for every occasion and event. Customers just need to reach their website. They have to follow 3 simple steps. First, select your festival. Second, select your package, like Mini, Standard, or Deluxe. Third, customize it according to your preferences. It will then be delivered to your doorstep,
Then they concluded their pitch with their motto of stress less and festive more. Sharks were presented with customized packages.
Sharks were presented with amazingly festive presents according to their preferences. Just as Robert was given an Easter package, he had two bunnies at home. Barbara began the queries as she inquired whether their charge was per item or per package. Kristina replied that their customers can customize their package in four different ways. They can choose from 14 options with 4 seasons and 10 holidays. They have to sign up for at least 3 options.
Moreover, they have two different payment methods. Either the customers can pay a 10% upfront payment or they pay the full payment once delivered. Kevin inquired if it was a subscription service. Both entrepreneurs replied with a yes. Liz explained that their new way of subscription as its customized. Lori inquired how they manage a ton of items as inventory. Kristina replied that they manage the items efficiently. Preorders help them to keep up with the trends.
Barbara inquired if they have any fixed rate in each package. Kristina replied that the Mini package is $69, the Standard is $99 and the Deluxe is $150 with shipping charges. Moreover, this guarantees the customers that the price of each package is almost equal to the price of the decor they would have purchased themselves. Thai saves them a lot of hustle.
Robert consider it as a complicated business so he inquired what makes them capable enough to handle this type of business. Liz manages the customers at the beginning of the process. While Kristina manes them on the end of the pipeline. Entrepreneurs then shared their backstory. Liz and Kristina have capable business backgrounds. After their story, Kevin inquired about the sales.
Liz informed me that the Ready Festive launched at the end of 2019. As they are in their 3rd year of business they have made $1.5 million lifetime sales. Robert and Mark together asked them to walk through the year’s progress. Liz informed that the first year sales were $250,000, the second year it was doubled to $500,000, and in the third year $1.6 million. Robert inquired if they were making any money. Kristina excitedly said this is their first year to have a profit.
He inquired how much. Kristina replied $300,000 this year. Kevin inquired if they were paying themselves. Kristina replied that they don’t pay themselves. Mark inquired about their sales today to which Liz replied that its $800,000. Kevin inquired about the cost of manufacturing and sell price of it. They responded that their average package costs $75 to make and the sell price is $127. This gives a 40% margin to the customers.
Kevin inquired about the customer acquisition cost. Kristina replied that it cost $40. Mark inquired about the prepaid revenue. Kristina explained that they have $800,000 and expected to close almost a million. Robert inquired if they didn’t have any cash collected yet. Kristina replied that 85% of the orders are prepaid.
Mark appreciated the idea and good cash flow. But he stepped out as he didn’t think it was his thing. Barbara was the next to quit. She considers it a complicated process so she took the step. Kevin also stepped out as it was too small for him. Lori stepped out as she thought they didn’t think they needed a Shark. Lastly, Robert appreciated their idea and made an offer.
Robert offered $250,000 for 20% equity. Liz replied that the 20% equity isn’t equivalent to their sales expectation. So Liz counter-offered $250,000 for 12% equity. Robert revised the deal as $250,000 for 18% equity. Liz counter-offered $250,000 for 15% equity. Robert stayed on $250,000 for 18% equity. Later, she again counter-offered $300,000 for 18% equity. But he stayed on his deal. So Liz and Kristina agreed to his offer. The deal was sealed.
What Went Wrong with Ready Festive on Shark Tank
The pitch was great and sales were growing too. Moreover, the company was profitable. But most of the Sharks quit due to their lack of interest in their business. But Robert took the step and gave a good deal to offer.
Product Availability
Ready Festive is a customized decor provider company. It provides 14 event decor throughout the year. Moreover, you can choose your package according to their requirements. This gives customers a lot of margin to have creative ideas and stay up to date. You can visit their website for more information.
Conclusion
Entrepreneurs Liz and Kristina are on Shark Tank Season 14 with their company, Ready Festive. Ready Festive provides customized decor items and pieces for various events and holidays. Moreover, you can completely customize it and have it delivered to your doorstep.
The pitch was fun and sales are growing as it becomes profitable. They demanded for $250,000 for 10% equity. But Sharks quit due to their lack of interest in the business Robert gave them an offer of $250,000 for 20% equity. But after a few rounds of counter offers, they got the deal done on $250,000 for 16% equity. The deal was sealed.
Hello everyone, I’m Sara Javed. I’m an IT professional expert with project management and design skills. Besides writing, I love playing video games, designing digital art, and reading books. I love Shark Tank due to its innovative business idea and unpredicted reactions of Sharks. This keeps me glued to the screens to watch the next catchy moment. Read more About me.
