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Turbobaster Shark Tank Update

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Turbobaster is a battery-powered marinated meat-basting brush. The Turbobaster is a rechargeable kitchen equipment that supersedes all bulbs, basting brushes, and marinade injectors.

The Turbobaster is the best alternative to the traditional bulb blaster which has simplified the cooking of whole turkeys, hens, and other birds.

Turbobaster was founded by its founder as a prototype and after five years of it, when it appeared on Shark Tank, it was still a prototype stage only.

The Turbobaster dispersion mechanism keeps things crispy and juicy. Turbo baster is a perfect hand device for all chefs, with the help of which chefs collect marinades, sauces, and liquids through which they distribute all over them evenly.

Turbobaster at a Glance:-

Ideabattery-operated alternative to the traditional bulb turkey baster
FoundersMarian Cruz
Asked For$35,000 For 25%
Accepted Deal$35,000 For 100%
SharksKevin Harrington
Business statusOut of Business
Episode No.Season 1, Episode 32

Index:

Who are the founders of TurboBaster?

Marian Cruz is the founder of TurboBaster. Cruz began her career as a skilled and creative cook. Marian started her entrepreneurial career in 2009.

She kept telecasting it on television and the Turbo baster prototype took a long duration to prepare, which made it more popular.

Cruz had a  Thanksgiving preparation and when it fell apart she immediately knew that there was a better way. It took her 5 years to design and test prototypes and finally, it was launched on the market.

Did TurboBaster get a deal on the Shark Tank?

Cruz, the founder of Turbobaster, came on Shark Tank looking for an investment of $35,000 in exchange for a 35% equity in her business. She explained her product and showed her prototype model to the sharks.

Marian demonstrated her product through a video clip, but after that, her pitch went downhill as she had zero sales, no working models, and no ideas for the Turbo baster.

When did sharks ask her how much it cost to make? Marian said she had no idea about it. Even though all the sharks appreciated her, Daymond said business and journey started with the person. The shark was impressed with Cruz and her honesty.

Kevin O’Leary didn’t behave sweetly he gave some harsh statements and went off the pitch. Barbara and Robert Herjavec went out because of zero sales and figures.

Kevin Harrington took this moment as an opportunity and gave an offer of $35,000 for 100% equity of the business along with 2% sales. Marian was already impressed with Kevin as he had a good channel in the kitchen line business.

Daymond John gave an immediate offer after Kevin’s offer of $40,000 in exchange for 51% of the company along with 2% royalties.

See also  Rent A Goat Shark Tank Update

John and Kevin battled for a bit, and Daymond reframed his offer to $ 50k for a 50% equity. Marian Cruz took a moment and accepted the offer from Kevin Harrington and made the deal.

What happened to TurboBaster after Shark Tank?

After the show, there was not much success appearing for Turbobaster. After the show aired, Kevin’s company, TV Goods, declared an announcement of the acquisition of global marketing rights to the Turbo baster.

During the pitch, they came up with a valuation of $100,000 but in the end, Turbo Baster went out with a valuation of $35,000.  After the show, the pair signed an agreement where all the rights to Turbo baster were handed to Kevin.

There were two types of Turbobaster. One is Kitchen Fashion huge which is sold for $19.99 and the second is stainless steel which costs $29.99. After six months of the agreement, it was clear that Turbo baster was not going well.

The Facebook page and social media platforms of Turbobaster were down and inactive. The turbo baster was also not available anywhere for purchase and use.

In the show, it was expected that it would go somewhere but, as per the current scenario, it did not result in the same.

Competitors of Turbobaster:

Turbo baster itself is a unique product that has replaced traditional bulbs and methods of making the food crispy and juicy.

A few alternatives to Turbo baster are Cuisipro, which is available on Amazon, and the Bed Bath and Beyond store.

What is the net worth of a Turbobaster?

The Turbo baster had a valuation of $140,000 when it appeared on the show and, in the end, it was valued at $35,000.

The estimated net worth of Turbo Baster is zero because they had no sales when they came to the show and even after the show it didn’t work well.

Is TurboBaster still in business?

As of 2022, the Turbobaster is not in operation anymore. Turbo Baster’s Facebook page and website went down after six months when the show aired. The Turbo prototypes started badly in terms of sales and profits.

Similarly, it closed and shut down the same. As per Cruz’s LinkedIn profile, she is working as the Chief Executive Officer at PNW power service.

TurboBaster Social Links:

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FAQs:

What is TurboBaster?

Turbo baster is a battery-powered marinated meat-basting brush. The tub baster is a rechargeable kitchen equipment that supersedes all bulbs, basting brushes, and marinade injectors.

Who founded TurboBaster?

Marian Cruz is the founder of Turbo Baster. Cruz began her career as a skilled and creative cook. Marian started her entrepreneurial career in 2009. She kept telecasting it on television and the Turbo baster prototype took a long duration to prepare, which made it more popular.

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