✓ Got a deal Still in business Season 13, Ep. 8 🏠 Home & Lifestyle

Wendy's Gnome Shop on Shark Tank

Wendy's Gnome Shop makes decorative handmade gnomes themed for holidays and seasons. They are aimed at people who enjoy seasonal home decor and collectible gnome figures to display throughout the year.

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⏱ Wendy's Gnome Shop in 30 seconds

The ask$200K for 20%Valued at $1M
In the tankDeal: $200K for 30%With Daymond
After the showNot confirmedNo public record either way
TodayStill in business

Wendy's Gnome Shop Shark Tank deal

Asked for: $200,000 for 20%
Asking valuation: $1M
Result: Deal
Final deal: $200,000 for 30%
Deal valuation: $666.7K
Shark: Daymond John
Founders: Wendy Hoffmeister
From: -
Aired: Dec 10, 2021

Asked

$1M

Got

$666.7K

Would you have invested in Wendy's Gnome Shop?

The pitch

Wendy Hoffmeister pitched Wendy's Gnome Shop in Shark Tank Season 13, Episode 8 (aired Dec 10, 2021). They asked for $200,000 in exchange for 20% equity, valuing the business at $1M. The entrepreneurs walked away with a deal from Daymond John: $200,000 for 30%. That put the final valuation at $666.7K, 33% below what they originally asked for.