I love having fires in the backyard, on a camping trip, and on a boat. On the other hand, fires need planning, patience, and cleanup, particularly on authorized river excursions. For most of the dry season, open-burning wood-fueled fires are frequently prohibited in numerous locations, so abide by the regulations.
Fires, however, are allowed. Step into the Lava box. This device is ridiculously simple to use and extremely well-designed. Manufacturer of transportable campfire boxes designed to quickly provide the cozy atmosphere of fireworks. With the help of the company’s goods, consumers may enjoy campfires and save the woods by having a safe way to have one anytime, anywhere.
It’s essentially an ammunition can with a grate, a basic burner at the bottom, and what LavaBox calls “Hades Stones.” These seem to be artificial volcanic pebbles resting atop the grates. Every size propane tank (within reason) can be connected to a 20 PSI regulator and hose, which are the hubs of the entire system.
LavaBox at a Glance:-
| Idea | Portable Campfire |
| Founders | Josh Thurmond |
| Asked For | $200,000 for 10% equity |
| Accepted Deal | $200K for 12.5% equity and $0.75 royalty per unit until the full sum is paid. |
| Sharks | Lori Greiner |
| Business status | In Business |
| Episode No. | Season 14, Episode 18 |
| Buy on Amazon | Buy Now! |
Index:
Founder Story:
Josh Thurmond is the person who created LavaBox. He is also in charge of making sure that every LavaBox gets delivered to your house.
He works for the National Sports Centre for the Disabled, where he designs outdoor adventure programming for people with disabilities when he’s not building LavaBoxes.
In addition, he serves on the board of the Colorado Whitewater Association and volunteers with Team River Runner. It goes without saying that he’s probably banging enders on a fantastic Eddyline or surfing his SUP if you’re looking for him.
That is to say, if Josh doesn’t do things right, Sylvia Thurmond will “fire” him! The money is likewise under her control.
In addition, Sylvia has worked as a DNA analyzer at the Denver Crime Laboratory for over thirty years! She has experience identifying bodies in the wake of significant tragedies like the World Trade Center 9/11 attacks and the tsunami that hit Thailand. Sylvia can be seen enjoying a craft beer and operating a raft while donning a PFD.
Did Lavabox get a deal on Shark Tank?
In the 18th episode of season 14, Josh made a pitch to the sharks for $200,000 in return for 10% of the company.
He told Shark about the product, stressing its superiority over Original Campfire and its greater sustainability.
As of January 2022, this company has been in operation for eighteen months and has made $610,000 in revenue. They made $290,000 in profit overall from these deals.
By the end of 2022, Josh thinks they can make $1.2 million in sales. In exchange for a 12.5% equity stake and a $0.75 royalty per unit, until the full sum is paid, Lori Greiner invests $200K.
What happened to Lavabox after Shark Tank?
Alex Mauer, a creator of content on TikTok, joined the Lavabox team in April of 2023.
The company further states that $1 will be contributed to help protect the river for each portable Campfire product sold.
As of now, this product is only being sold in the United States as of March 2023, but it is anticipated that it will soon be available in Europe, Asia, and other places as well.
Within just 18 months of its launch, the gadget had sold more than 4,000 units. This was a huge breakthrough for the brand. Josh joined this company after its inception and started working there full-time.
What Is the Net Worth of LavaBox?
The company that makes portable campfires, LavaBox, is estimated to be worth $1.6 million.
Since appearing on Shark Tank, the business has experienced significant growth and has achieved impressive revenue figures.
LavaBox expects to make $2 million this year after making $1.2 million in revenue in 2022 alone. These numbers demonstrate the company’s potential for substantial financial gain.
Is LavaBox Still In Business?
Yes, LavaBox is still in business and going strong. Josh Thurmond continues to be actively involved in LavaBox’s daily operations, making sure that the business upholds its exceptional standards of quality and client satisfaction.
The creative portable campfire is a more eco-friendly substitute for conventional campfires, simplifying outdoor gatherings.
Joshua, the founder, succeeded in developing and patenting Lava Box, giving followers a close-up view of a passion-driven entrepreneurial journey.
Camping and outdoor excursions are becoming more convenient and safe thanks to LavaBox’s portable campfires, which cater to consumers who enjoy outdoor activities and are looking for eco-friendly solutions.
The company’s long-term performance and business expansion are largely attributable to its dedication to offering a stable and sustainable product.
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FAQs:
What is Lavabox?
Lavabox is ridiculously simple to use and extremely well-designed. Manufacturer of transportable campfire boxes designed to quickly provide the cozy atmosphere of fireworks. With the help of the company’s goods, consumers may enjoy campfires and save the woods by having a safe way to have one anytime, anywhere.
What's the net worth of Lavabox?
The company that makes portable campfires, LavaBox, is estimated to be worth $1.6 million. LavaBox expects to make $2 million this year after making $1.2 million in revenue in 2022 alone. These numbers demonstrate the company’s potential for substantial financial gain.
