Rent A Grandma Shark Tank Update

Have you been working hard lately and cannot give any time to your kids? Do you need a trustworthy person to take care of your kids? Presenting Rent a grandma- The one-stop destination for renting a granny that is way better than a nanny.

Rent a Grandma is a company that provides professional, experienced, and reliable babysitting and eldercare services.

Rent a Grandma helps you find a person nearest to you, who will take care of your kids and pets and also do the home chores without question. This distinct service was started by Todd Pliss, who has employed committed, experienced, and trustworthy old-age women to do the job!!  

Rent a Grandma at a glance.

Business ideaOld age workforce for caring for your kids and pets.
FounderTodd Pliss
Asked for$150,000 for 20%
Accepted dealNo deal
SharksNo shark
Business statusIn business
EpisodeSeason 3 Episode 8
Rent a granny at a glance.

Index:

Founder Story:

The founder Todd Pliss found that the pressing problem of today’s time was to find trustworthy caregivers who were not distracted and were committed to their work. That was when he came up with the idea to employ the old-age workforce.

Consisting of only women this enterprise has created a unique staffing service that helps in all household services with the help of experienced people.

Did Rent a Grandma get a deal on SharkTank?

The shark tank experience for this company was cute, committed, and sweet all at the same time. Let us see how it went. The founder of the unique service Todd Pliss entered the SharkTank seeking an investment of 150,000 for 20% of his company Rent a grandma. They start off the pitch with a comparison between young caregivers (adolescents) and their older counterparts. 

The comparison is that the grandmas will dedicate all their time to your kids as compared to the youngsters as they will not indulge in the phone while looking after your kids but might bake some cookies. The model Todd brings along with him distributes cookies and gets a lot of thankful comments from the sharks.

Barbara is interested in knowing how long he has been doing the business, The reply to the question is one year and he has been able to generate $25000 in sales in that year. He has started with 50 grandmas and wants to expand all over the country and the world with the help of franchises.

Kevin asks how can he earn money from this service company. The answer is 15% of the profit margin from the total fee which dissatisfies Kevin. Daymond is the first shark to go out, as he finds the business to be cute.

Robert finds the business to not be a right fit with franchising therefore he is out. Barbara thinks that the business does not fit her type, she is out. Kevin does not like the margins and Mark does not want to be part of the business.  

What happened to Rent a Grandma after SharkTank?

The service took to the advice of the sharks and did not go for the franchise model instead they developed a website from where the service can be rendered. The sales for the business are great and steady.

See also  Navigating Startup Finances: How Easy Online Loans Can Fuel Growth

 Now the website is available to users around the world. They have expanded on the plethora of services offered. Adding more grandmas after meticulous interviews and skill tests, today the company has 300 to 340 grandmas who cater to your needs.

The potential grandmas that join the organization pay a one-time charge and must pass the test. This service is a true winner in all respects and we hope his grandma would be proud.

Today, Rent a Grandma provides a range of care services, including babysitting, pet sitting, elder care, and housekeeping. The company has a network of experienced and reliable caregivers who are carefully vetted to ensure the highest level of service.

With its unique approach to care services and the support of Barbara Corcoran, Rent a Grandma has become a trusted name in the industry.

Product details:

  • The service is unique and reliable.
  • The grandmas are fluent in English, Auditioned and interviewed, have many years of experience in domestic services provided in households, are Loyal and committed to their work, and do not indulge in social media or use their phones while watching their kids.
  • Services provided by the website and their grandmas are Household domestic chores/maintenance, large estate management staff, Specialized services, Pet care, and many more.
  • The service idea has been featured in ABC news, The national enquirer, NPR, Today, AARP Bulletin, MSN, Los Angeles Times, and many more.
  • You can contact them regarding any inquiries or queries you may have on this email id: rentagrandma@yahoo.com.
  • The company is based out of Los Angeles California.
  • The grandmas earn $14-$20 of earning per hour. This depends on the task they are doing.

What is the net worth of Rent a Grandma?

The net worth of Rent a Grandma, when it aired on SharkTank, was $750,000 and sales of this company were $25,000, there is no information regarding the current status of this distinct service idea in terms of valuation and sales.  

Is Rent a granny still in business?

The service has given these old-age women a reason to find employment again. The business is working the right and caring way to safeguard your kids while you’re not around. The company has made its mark on the world and has left every working parent without worry about the care given to their kids.

The service had a dream that came true after airing on shark tank now the only thing to do Is provide the service and generate the much-needed sales and let every citizen of the world keep their kids in the safekeeping of the trusted and committed new family member from Rent a grandma.

Rent a Grandma Social Links:

Do Share Your Thoughts:

Do tell us all your thoughts in the comments section below, we look forward to reading all the comments in the section below.

Also, don’t forget to download our Android app which contains startup and business book learnings, verified business knowledge and concepts, and no bullshit!!

Related Articles:

FAQs:

What is Rent a Grandma?

Rent a Grandma helps you find a person nearest to you, who will take care of your kids and pets and also do the home chores without question.

Who founded Rent a Grandma?

The founder Todd Pliss found that the pressing problem of today’s time was to find trustworthy caregivers who were not distracted and were committed to their work. That was when he came up with the idea to employ the old-age workforce.

Leave a Comment

You cannot copy content of this page

Scroll to Top