Taverns To Go Net Worth Shark Tank Update 2025

A firm called Taverns to Go provides a special way to have a party in your garden. This product was created for people who don’t want to leave their homes but yet want to have a drink with pals. Paul Convey and Enda Crowley are Irish founders.

For those who wish to have their own bar in their garden, they want to make something unique. The bar they sell can be delivered and set up in less than ninety minutes. It functions effectively in all conditions and is composed of sturdy materials. The company was founded during the COVID-19 epidemic in 2020.

The two business owners approached Shark Tank looking for $400,000 in exchange for a 10% stake in the company. Will the entrepreneur get a deal on Shark Tank? Check out Taverns-To-Go update to find out!

Taverns To Go Net Worth Shark Tank Update 2025

Paul Convey and Enda Crowley asked for a $400,000 investment in exchange for 10% equity in Taverns to Go. This meant they valued their company at $4 million. They made a deal with Lori Greiner for $400,000 in exchange for a $30 royalty per unit sold until she recoups $600,000, followed by 15% equity. This new deal valued their company at $2.67 million. After the show aired, Taverns to Go 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 Taverns to Go in 2025 is about $4.26 million.

In our Taverns-To-Go update research, Taverns to Go grew even more after making an appearance on Shark Tank. Getting an agreement with Lori Greiner helped the business succeed. They increased sales and enlarged their company. The firm remains operational and in operation.

Taverns to Go has increased its consumer base and product offerings throughout the United States. They have established a reputation for providing exceptional customer care and creating personalized backyard bars. Their objectives were aided by the agreement with Lori Greiner. The business has increased its reach and enhanced its marketing with her help.

In terms of a Taverns-To-Go update,  Taverns to Go secured a Shark Tank agreement. Paul and Enda requested $400,000 for 10 percent of their business. Lori Greiner offered to pay $400,000 in exchange for a royalty agreement.

Until she made $600,000, she wanted to sell each unit for $30. She would then accept 15% of the shares. The deal was approved by the founders. They were eager to expand their company and collaborate with Lori. Lori thought the product had potential and could succeed. The deal facilitated Taverns to Go’s expansion goals.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Todd Graves	Out	N/A	N/A
Lori Greiner	$400,000 with a $30 per unit royalty until she recoups $600,000, followed by 15% equity	$400,000 with a $30 per unit royalty until she recoups $600,000, followed by 12.5% equity.	Yes
Kevin O’Leary	$400,000 for 33.3% equity	N/A	N/A
Daymond John	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Taverns-To-Go Shark Tank Pitch

Paul and Enda are both from Ireland. Paul hails from the Irish west coast’s County Mayo. He was raised in a very rural community. He didn’t grow up in a wealthy household. He fell in love with America after relocating here. Enda comes traveling from Dublin. He arrived in the United States in 2012.

He spent twelve years there instead of the six months he had intended. The Irish community in New York is where the two men first met. They decided to launch a business together after becoming close friends. Paul’s experience includes mechanical engineering. Enda managed construction projects.

They were able to launch Taverns to Go because of their joint expertise. They worked very hard for the company. The first tavern was constructed with only a few hundred bucks. They began expanding their business after selling their first pub.

Determining how to deliver and put up the bars in various areas was one of the biggest obstacles they had to overcome in the beginning. They needed to learn how to manage orders in various regions of the nation. They began by producing and distributing the taverns to patrons. They eventually began employing workers to assist with the delivery. They discovered effective ways to run the company and expand it.

Initial Pitch

Enda and Paul had a clear idea when they introduced their concept on Shark Tank. They clarified that Taverns to Go was a bar that could be set up and transported to a backyard in less than 90 minutes. The product could be utilized in any climate because it was made from pressure-treated timber.

There were more than twenty-five models available. They clarified that the patron might customize the pub by adding their own touches. The bars could create a lively party environment in any backyard and were simple to set up. The Sharks were given the opportunity to contribute $400,000 in exchange for 10% ownership of the company.

The company said that they had achieved $2.2 million in revenue and were on course to reach $4 million. The founders were certain that they could keep growing and expanding the company with the correct financing. They sought the Sharks’ assistance in order to advance the company.

The Sharks had a lot of questions but were fascinated by the product. They wanted to know more about the expenses and the sales procedure. Paul and Enda provided truthful and lucid responses to these queries. They clarified that the taverns’ construction and delivery came to roughly $2,200.

In certain places, they provided free delivery and they disclosed that the taverns sold for $3,795. They were able to achieve a healthy profit margin because of their pricing strategy. The Sharks could see the product’s potential and its business plan appeared to be operating well.

Queries About The Product

Taverns to Go was the subject of numerous questions from the Sharks. They wanted to know how much it cost to make the product and how much they made selling it. According to Enda and Paul, it costs roughly $2,200 to construct and deliver one tavern. It was subsequently sold for $3,795.

They had a healthy profit margin as a result. Those numbers impressed the Sharks. Lori enquired about the cost of customer acquisition. Paul responded that each customer would pay between $200 and $250. The Sharks needed to know this information. They were interested in the cost of expanding the company.

Kevin O’Leary questioned the founders about their post-sale free cash earnings. According to Paul, the profit margin ranged between 30% and 40%. This indicated that they could turn a healthy profit on every transaction. The Sharks had more questions but they were impressed with the company’s performance thus far. They were curious about Paul and Enda’s plans for growing the company.

They clarified that the taverns were delivered by internal crews. They were able to control expenses and maintain operations as a result. They also transported several taverns to various locations using trucks. Managing orders across the nation in this manner was a wise move. The Sharks wanted to know how long it took for the product to arrive. Paul stated that the location determined the delivery time. Delivery times for states like California varied from four to six weeks.

The Sharks also enquired about the company’s plans for the future. They were curious about Taverns to Go’s intentions to go global. Paul and Enda expressed their desire to expand the company internationally. They aimed to expand the brand and introduce the product to other nations.

The Sharks recognized this concept’s potential. They recognized the potential of Taverns to Go’s distinctive product to succeed in various markets. Managing the shipping process and growing the company were the only difficulties. Paul and Enda believed that with the correct investment, they could overcome these obstacles.

Shark’s Responses and Final Deal

The Sharks’ opinions of the company were divided. Although Kevin O’Leary thought the product was good he felt the price was excessive. He offered $400,000, but he insisted on owning 33% of the company. In order to help promote the product he also wanted to leverage his sizable social media following. Lori Greiner offered $400,000 but there was a royalty clause.

Until she made $600,000, she wanted to sell each unit for $30. She would then acquire 15% of the company’s stock. Lori thought the product had potential and could succeed with her help. Mark Cuban and Daymond John didn’t think they were the best fit for the company but they both thought the product was good. Both of them made the decision to back out. They didn’t think they could contribute to the company’s necessary growth.

Following some discussion Paul and Enda accepted Lori’s offer. They were eager to collaborate with her and pleased with the terms. Lori was sure that she could help Taverns to Go expand. She saw the product’s potential for success and liked it. Both parties were very happy with the deal. Taverns to Go could grow and attract more clients with Lori’s help. The company’s founders were pleased to have Lori as a partner and thought it would help them grow the company.

What Went Wrong With Taverns-To-Go on Shark Tank?

Not all of the Sharks agreed that Taverns to Go was a wise investment. A few Sharks thought the product was too specialized. They didn’t know if enough people would find it appealing. Kevin O’Leary wasn’t sure the company would grow quickly enough. In his opinion, the tavern’s prices were too high for the majority of patrons.

Daymond John and Mark Cuban both declined the offer. They believed they weren’t the most suitable for the company. They didn’t believe they could assist the company’s founders in expanding it. However, the primary reason why some Sharks failed was because the company was still in its infancy. They questioned whether the company could manage the expansion and growth that the founders hoped for.

Product Availability

A special product from Taverns to Go is made to be delivered and set up in your backyard. The taverns come in more than 25 models and are constructed from pressure-treated timber. They can be altered to meet the needs of the client. The product can be bought on the business’s website.

Starting at $3,795, prices may increase based on the model and location. The customer’s location affects the delivery costs. The taverns can be delivered to most locations and are accessible throughout the continental United States. The business collaborates with clients to guarantee on-time delivery and provides exceptional customer service. A popular product for people who want to take the party home is Taverns to Go.

Conclusion

Taverns to Go has demonstrated a lot of promise since its Shark Tank debut. Lori Greiner has been instrumental in the company’s growth and expansion. The founders have put in a lot of effort to develop a solid company and keep refining their offerings. They are prepared to advance the company while having Lori’s support. The product has been well received and Taverns to Go has a promising future. Watch this business closely as it develops and broadens its product line.