Meghan Tarmey came up with a unique business concept. She was an avid golfer and saw that the majority of caddies were guys. She considered launching a business that solely employed female caddies. This business would be enjoyable and unique. Meghan chose to refer to it as The Caddy Girls. The business would supply golf caddies for gatherings and competitions.
The caddies would do all of the duties of a normal caddy. They would read the greens, rake sand traps, keep score, and encourage the players. Meghan wanted to provide a little unique experience for golfers. She wished for women to have fun and love their work. Meghan saw a chance to launch a new company in a field that was primarily controlled by men.
She pitched her idea to the sharks. She asked for $100,000 for 20% equity in her company. Will the entrepreneur get a deal on Shark Tank? Check out The Caddy Girls update to find out!
The Caddy Girls Net Worth Shark Tank Update 2025
Christina Lecuyer and Meghan Tarmey went on Shark Tank asking for $100,000 for 20% of their company. This meant they thought their business was worth $500,000. They made a deal with Mark Cuban for $100,000 for 25%, lowering the valuation to $400,000. The episode was aired on October 17, 2014. The female golf caddie service remains active and continues to operate in multiple U.S. cities. Using the default 10% yearly growth method, the current net worth of The Caddy Girls is estimated to be around $1–2 million in 2025.
The Caddy Girls are still doing well today, even if they didn’t land a deal on Shark Tank. The company is still expanding and doing well. The business has grown under Meghan Tarmey’s leadership and currently generates over $10 million in sales yearly. The business has operations in several North American states. It has expanded its web presence by using Shark Tank’s visibility.
The show has allowed Meghan to reach a wider audience. The business presently provides its services in a number of locations. The business has achieved remarkable success despite the sharks’ lack of investment. The business has expanded significantly since Meghan’s initial Shark Tank appearance.
No, Shark Tank did not offer the Caddy Girls a deal. Meghan Tarmey entered the tank and requested $100,000 in exchange for 20% of the company. She was really enthusiastic when she offered her suggestion. As part of her presentation, she brought a pair of female caddies to the stage with her.
Sales for the company were around $140,000 in the year prior and $34,000 in the month prior to filming. Golfers who want to hire a caddy for 18 holes might do so for $149. Of that price, $100 would go to the caddy. The price would be $89 for nine holes. However, no sharks made a bid in spite of the compelling offer.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | $100,000 for 50% equity | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
The Caddy Girls Shark Tank pitch
The Caddy Girls were founded by Meghan Tarmey. Her passion for golf was the beginning of her adventure. Meghan believed this was a lost chance as she saw that golf caddies were often guys. She saw a chance to start a different kind of company. Meghan wanted to infuse the golf industry with something new and intriguing. She believed that a group of female golf caddies may provide players with a distinctive experience.
She got the concept for The Caddy Girls in this way. Although she was aware that there was a need for golf caddies, she was determined to alter the way that golf was played. The business would provide the same services as standard caddies but with a unique twist.
Women would serve as caddies, bringing excitement and enjoyment to the game of golf. Meghan had difficulties while the company was just getting started. Finding the proper people to collaborate with was challenging. It was her responsibility to persuade golfers that choosing female caddies may be as advantageous as hiring male caddies. She also needed to assemble a competent group of ladies for the job.
They needed to be sociable, vivacious, and skilled golfers. Meghan persevered and turned her vision into a reality. She was committed to building her company and succeeding.
Meghan was eager to introduce her company as she walked onto the Shark Tank. She and two of her female caddies were riding in a golf cart when she crashed into the tank. She was aware that the sharks would notice this. Meghan informed the sharks that golfers could have female caddies from The Caddy Girls. She clarified that the caddies would perform all of the tasks that a typical caddy would perform.
They would read the greens, rake sand traps, drive the cart, and maintain the score. Meghan also shared with the sharks the profits her company had produced in the month before filming and the year prior. She stated that the business made $34,000 in the most recent month and $140,000 in 2013. She gave the sharks access to the pricing as well.
She informed them that caddy rentals for 18 and 9 holes were $149 and $89, respectively. Meghan believed in her business plan. She thought the business might expand. She also believed that women caddies would contribute something new and entertaining to the golf game. She hoped the sharks would recognize her company’s potential and make an investment offer.
The sharks had several questions about the product and the business model. Lori Greiner was the first to raise a concern. She was worried about the safety of the female caddies. She asked how the company would handle situations where alcohol was involved or where the caddies might be harassed. Meghan explained that the caddies were trained to handle these situations and that they had a strict policy in place.
But Lori Greiner was still concerned about the risks. This led her to drop out. Next Mark Cuban spoke up. He asked if Meghan planned to expand the business to other areas beyond the original location. Meghan explained that the company had only been operating in a few areas and hadn’t yet expanded. Mark Cuban didn’t seem impressed by the idea and decided to drop out because he didn’t like golf.
Daymond John was the next to speak. He liked the idea but felt that there was too much work to do to make the business successful. He wasn’t sure how the company could scale and grow quickly enough. He didn’t think the business model would work in the long term. So he chose to drop out. Robert Herjavec also raised concerns. He was not convinced that Meghan would be able to make her money back.
He didn’t see how the company could become profitable in the long term. For this reason, he decided to drop out as well. After all the sharks had left, Kevin O’Leary was the last one standing. He saw potential in the business but thought it needed more ownership to be successful. He offered to invest the $100,000 for 50% equity. Meghan didn’t like the offer and immediately turned it down. She didn’t want to give up half of her business. With no deal on the table, she decided to leave the tank.
There was a mixed response from the sharks. Lori Greiner was worried about the daughters’ safety. She was concerned about what may occur on golf courses when alcohol is used. Mark Cuban didn’t like golf therefore he wasn’t interested. Additionally, he was opposed to the concept of purchasing the rights to a company that was already operated by someone else.
Daymond John thought the idea was good but he thought running the company would be too much labor. He had no desire to invest in a company that would be difficult to grow. It was unclear to Robert Herjavec how he would generate a profit. He didn’t believe the company was set up to be profitable for him.
In the end Kevin O’Leary offered $100,000 in exchange for 50% of the business. Meghan declined the offer right away as she didn’t want to part with half of her company. She left the tank without making a bargain.
What Went Wrong With The Caddy Girls On Shark Tank?
The Caddy Girls were not able to get a deal because the sharks were not persuaded that the company could expand and generate profits. Lori Greiner was worried about the caddies’ safety. Mark Cuban disliked golf and had no interest in investing in a Las Vegas-based company that he didn’t believe could grow quickly. Daymond John didn’t want to put in the effort and didn’t think the company could grow.
Robert Herjavec wasn’t persuaded by the business plan and didn’t see a clear path to getting his money back. The only person interested was Kevin O’Leary but Meghan turned down his offer of 50% stock. She decided to leave the tank since she didn’t want to give up so much of her business.
Product Availability
The Caddy Girls provide a special kind of service. Golfers looking for an adventurous and enjoyable time on the course can employ female caddies. The caddies are knowledgeable and prepared to assist players in every aspect of the game. They read the greens, rake sand traps, assist with the cart, maintain score, and support the golfers. The caddies are paid a percentage of the golfers’ fees and are available for both 9- and 18-hole games.
The Caddy Girls has expanded since its Shark Tank debut and now operates in other North American states. A caddy may be reserved via the business’s website.
Conclusion
The Caddy Girls is a business that grew despite not getting a deal on Shark Tank. The sharks didn’t think it was possible but Meghan managed to exploit the show’s publicity to expand the business. The Caddy Girls now operate across North America and generate millions of dollars in income. Meghan has built a distinctive company that continues to thrive because of her perseverance and foresight.
The business is still expanding and it will be intriguing to observe what new developments and improvements may occur in the future.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
