What Happened to Pick-Up Pools After the Shark Tank Pitch?
What is Pick-Up Pools?
The Pick-up Pool is a swimming pool liner that is designed to fit into the bed of a pickup truck. The liner creates an impenetrable barrier around the pool. Pools are available in a variety of bed lengths for pickup trucks, from short bed to extended bed.
Who is the Founder of Pick-Up Pools?
Tommy Prestella created Pickup Pools in the summer of 2014 when he was living in Arkansas. Prestella served in the United States Air Force and continues to lead Pick-up Pools as CEO.
Prestella started Pick-up Pools when her daughter begged to attend a pool and the family lacked one.
Prestella then fastened a tarp on the bed of his pickup truck using bungee cords. Prestella despised the look and went about developing a more efficient liner.
As an active duty Air Force Pilot, Tommy is compelled to leave the country for extended periods of time. In his absence, Diana, his sister and business partner, handles the show.
Since their inception, they have sold pools all around the world. They sell their wares online via Amazon.
Sales slowed in 2017 as a result of Prestella’s military deployment. That is when he made the decision to submit his company to Shark Tank.
What Happened to Pick-Up Pools at the Shark Tank Pitch?
The Air Force Pilot entered the Tank and requested $100,000 in exchange for a 25% ownership. This suggests a valuation of $400,000 for the item.
The Sharks get a chuckle from the onstage model pool as Tommy discusses the wares. Sales are low – $7060 per year and $12,000 during the vehicle’s life.
His dismal sales are explained by the fact that he is still an active member of the Army, which absorbs a large portion of his time. In 2014, his first order was sold out, but his creator retired.
In 2017, he was deployed to an “undisclosed location” in Africa, where he would work with his sister.
Tom’s sister created and will supervise a new manufacturing facility for the next eight years while Tom is on active duty.
They require the funding to minimize their expenses and optimize the functioning of their website. They now create two sizes for $110 and $117 and sell them for $199 and $209, respectively.
Mark inquires about cost savings, and Tommy is confident they will succeed.
Lori asserts her ignorance of the market and proceeds.
Robert concludes that there is no business and exits.
Kevin exits the establishment, claiming a lack of sales.
Barbara Corcoran is the first Shark to make an offer to Pick up Pool.
She offers $100,000 in return for a 25% ownership, subject to communicating with and seeing Tommy’s sister to ascertain her interest in joining the company and deciding whether the price can realistically be cut to less than $100.
Additionally, Mark Cuban chooses to bid on Pickup Pool. Tommy accepts Mark’s $100,000 offer for a non-exclusive 33% ownership, adding that he plans to advertise the product via Tower Paddle Boards.
He accepts Mark’s offer and joins the firm on an official basis.
What Happened to Pick-Up Pools After the Shark Tank Pitch?
Mark’s transaction is complete, and the business is now marketed on his website. Pickup Pools are presently available on Amazon, and the product continues to garner 5-star reviews, according to the company’s website.
Additionally, they added a third pool size, making them suitable for cars with a short bed, a normal bed, or a long bed.
What is the Net Worth of Pick-Up Pools?
The Air Force Pilot entered the Tank and requested $100,000 in exchange for a 25% ownership. This suggests a valuation of $400,000 for the item.
He accepted a $100,000 offer from Mark Cuban for 33%, bringing the total valuation to $303,030.30.
Who are the Competitors of Pick-Up Pools?
There are no known competitors for Pick Up Pools.
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Pick-Up Pools FAQ
Is Pick-up Pools still in business?
Mark’s transaction is complete, and the business is now marketed on his website. Pickup Pools are available directly from the manufacturer and on Amazon.
Additionally, they added a third pool size, making them suitable for cars with a short bed, a normal bed, or a long bed.
How did pick-up Pools fare following the shark tank?
Following the episode’s original airing on March 24TH, 2019, Pick-Up Pools was added to the official list of Mark Cuban Companies, and the product continues to receive 5-star reviews on Amazon.
What does a pick-up pool entail?
The Pick-up Pool is a pool-grade vinyl liner designed to fit snugly in the bed of a pickup truck without the use of ropes or bungee cords.
Simply put the corners of the Pick-up Pool over the edges of your truck bed, fill with water, and enjoy. All places are permissible, including tailgate parties, camping, outdoor activities, and at home.
Is Pick-Up Pools successful?
Pick-up Pools has generated $7,060 in revenue since being online, but has a total lifetime revenue of $12,000, which includes a proof-of-concept run in 2015.
Who was the founder of Pick-Up Pools?
Tommy Prestella came up with the notion of Pick-Up Pools while stationed in Arkansas in the summer of 2014. His daughter pleaded with him to take her to the pool during the record-breaking heat.
When the Pick-up Pool is not in use, how is it stored?
Simple. It compacts to the size of a large beach towel and stores easily on a closet or garage shelf.
Is pick-up pools available on amazon?
On Amazon.com, Pick-Up Pools are available with free shipping and returns.
What is the web address for Pick-Up Pools?
Pick-Up Pools’ official website is located at www.pickuppools.com
What do the Pick-Up Pools look like?
Pick-Up Pools are available in two sizes: Short Bed (34 x 8 feet) and Long Bed (34 x 12 feet) (48 x 8 feet).
Both are manufactured of 1.9-millimeter vinyl, which makes them impenetrable to punctures, mold, and the effects of UV radiation.
Both designs incorporate a 42-inch safety border that protects the pool liner from inadvertent touch during shipment.
How much does Pick-Up Pools costs?
They presently make two sizes for $110 and $117, respectively, and sell them for $199 and $209.
How much does it cost to ship Pick-Up Pools?
When customers buy directly from Pick-Up Pools, shipping charges are waived.
Who is Tommy Prestella?
Tommy Prestella founded and serves as the CEO of Pick-Up Pools.
What was Pick-Up Pools looking in the Shark Tank?
The Air Force Pilot entered the Tank and requested $100,000 in exchange for a 25% ownership. He accepted a $100,000 offer from Mark Cuban in exchange for a 33% ownership.
How do they make money?
Pick-Up Pools sells directly through Amazon and their website, www.pickuppools.com
What are the strengths of Pick-Up Pools?
Pick-Up Pools is a well-built device that fits snuggly in a truck bed without the use of ropes or bungee cords. The material is puncture- and mold-resistant, as well as resistant to UV rays and tears.
What are the weaknesses of Pick-Up Pools?
Costs of manufacture are high.
Where can they purchase Pick up Pools?
Pick-Up Pools are available directly from the manufacturer and on Amazon.
When the Pick-up Pool is not in use, how is it stored?
Simple. It compacts to the size of a large beach towel and stores easily on a closet or garage shelf.
How much would a truck bed packed with water weigh?
A fully loaded bed of water weights roughly 4,700 pounds, significantly surpassing the maximum cargo capacity of their truck by more than a ton.
Even a half-full bed of water (about 2,368 pounds) will easily surpass the aircraft’s weight capacity.
