Boho Camper Vans Lands Deal with Barbara Corcoran on Shark Tank
Boho Camper Vans, a rising star in adventure travel and mobile living, secured a deal with Barbara Corcoran on Shark Tank. The Arizona-based business, founded by David Sodemann and Brett Ellenson, received $150,000 up front and a $150,000 credit line in exchange for 10% equity.
The duo pitched their business, seeking $300,000 for 10% of their company. Their camper vans, equipped with a bed, pull-out counter tops, running water, an outdoor shower, and ample storage, impressed the Sharks. The Sharks probed the business's financial health, learning that sales in 2021 reached around $2 million with promising projections.
Despite the pandemic, Boho Camper Vans has thrived. The first van is almost always booked, indicating a need for expansion. The business offers a conversion service, allowing customers to customize their own vans at affordable prices.
Boho Camper Vans' success story continues after the Shark Tank deal. With a strong product, growing sales, and a keen eye on expansion, the business founded by Sodemann and Ellenson is set to make waves in the adventure travel and mobile living scene.
