Addison’s Wonderland Shark Tank Net Worth 2023
The valuation of Addison’s Wonderland company was $450,000 when they presented their business plan, and this valuation remained the same after the pitch. Since then, the company has been operating and generating annual revenue of $1 million as of January 2022. This
increase in revenue justifies the fact that the company’s net worth has risen.
What is Addison’s Wonderland?Who is the founder of Addison’s Wonderland?
Addison’s Wonderland is a company that specializes in personalized bedspreads for children. Founded in 2011 by Brittany Addison-Prescott, who is the owner and designer, the company is known for its high-quality and luxurious bedding.
In addition to running the company, Brittany also provides yoga, meditation, and spiritual guidance.
Describing herself as an “inner-strength trainer,” Brittany aims to empower her students and community to take control of their lives and reach their full potential.
Addison’s Wonderland is based just outside of Atlanta, Georgia and offers full-service interior design services to help customers create their dream home.
Anderson, a former teacher and close friend of McWhorter, joined the company in 2011 to handle branding and marketing.
Addison’s Wonderland offers a range of products, including window coverings, headboards, baby goods, and accessories, in addition to their signature personalized bedspreads.
Customers can purchase individual pieces to complement their existing decor or a full set for a complete design.
The bedspreads are available in a variety of themes, including Wonderland, Sweet Pea, Mariposa, and Boho Chic, and can be customized with a name or personalized quote. The patterns are colorful and playful, with a touch of whimsy and charm that is sure to delight young girls.
Addison’s Wonderland Shark Tank Pitch
Addison’s Wonderland is a company that produces high-end bedding and decor for young girls’ bedrooms.
During their appearance on Shark Tank in Episode 416, Brittany McWhorter Hayes, the company’s founder, and Brooke Anderson Bryant, the Vice President, pitched their business to the Sharks, hoping to secure an investment of $90,000 in exchange for a 20% stake in the company valued at $450,000.
The Sharks raised concerns about the company’s high price point, with Lori Greiner advising the founders to lower the cost to appeal to a wider audience.
However, the women were confident in their brand and understood the challenges they faced. In the end, only Mark Cuban saw potential in the company, but ultimately decided not to invest due to the low return on his investment.
Despite not securing an investment from the Sharks, Addison’s Wonderland benefited from the “Shark Tank effect,” which resulted in increased website traffic and national recognition, leading to even greater sales.
Although the company closed in 2014, Hayes continued to blog on the Addison’s website while on leave and completed the interior design for HGTV’s Dream Home Giveaway in 2019.
The website has evolved into a lifestyle and fashion platform, offering women’s and children’s clothing, cushions, carpets, lights, kitchen accessories, and other items.
In February 2019, Hayes launched a physical store in Monroe, Georgia, and the company is still in business with an annual income of $1 million as of January 2022.
Net Worth of Addison’s Wonderland
The company valuation was $450,000 during and after the pitch. Since then the company have been operating with annual revenue of $1 million as of January 2022. This justify that the company net worth has elevate.
Addison’s Wonderland Shark Tank Updates
Addison’s Wonderland is a company that produces high-end bedding and decor for young girls’ bedrooms. The company was founded by interior designer Brittany McWhorter Hayes from Georgia in 2011 and named after her daughter, Addison.
Addison’s Wonderland was pitched on Shark Tank in February 2013, seeking a $90,000 investment in exchange for a 20% stake in the company valued at $450,000. However, the company did not secure an investment from the Sharks.
Despite not securing an investment, Addison’s Wonderland benefited from the “Shark Tank effect,” which resulted in increased website traffic and national recognition, leading to even greater sales.
However, Hayes dissolved the bedding company in July 2014, and Addison’s Wonderland has since evolved into a successful home decor, lifestyle, and fashion blog1.
Hayes is now house flipping and renovating homes with her husband and decorating the interior for the HGTV Dream Home Giveaway.
As of January 2022, Addison’s Wonderland generates annual revenue of $1 million. Brittany Hayes has an estimated net worth of $2 million. The Addison complete bedding set is now one of many themes to choose from.
Addison’s Wonderland Shark Tank Table Summary:
| TOPIC | INFORMATION |
| Company | Addison’s Wonderland |
| Founder | Brittany Addison-Prescott |
| Year Founded | 2011 |
| Location | Atlanta, Georgia |
| Business | Personalized bedspreads for children and full-service interior design services |
| Shark Tank Pitch | $90,000 for a 20% stake in the company valued at $450,000 |
| Shark Tank Investment | None |
| Business Status | Evolved into a home decor, lifestyle, and fashion blog |
| Additional Information | Founder provides yoga, meditation, and spiritual guidance |
| Company valuation at Shark Tank | $450,000 |
| Annual revenue as of Jan 2022 | $1 million |
| Products offered | Personalized bedspreads, window coverings, headboards, baby goods, and accessories |
| Shark Tank outcome | No investment received, but increased website traffic |
| Evolution of company | Closed bedding company, now a successful lifestyle and fashion blog |
| Estimated net worth of founder | $2 million |
Addison’s Wonderland FAQs
What Is Addison’s Wonderland And How Does It Work?
Addison’s Wonderland is a full-service interior design firm based outside of Atlanta, Georgia, founded by interior designer Brittany Palazzo.
The company began as a children’s bedding company in 2011, with the goal of creating a dreamy wonderland for Palazzo’s daughter’s room. The Addison complete bedding set is now one of many themes to choose from.
Addison’s Wonderland has since evolved into a company that offers a range of interior design services, including home remodels.
The company’s colorful design work has been featured in various publications, including HGTV DreamHome 2019, HGTV Magazine, Better Homes & Gardens, and Oprah.com.
Addison’s Wonderland has also opened a retail store and event space. The company’s mission is to add a little whimsy and a huge splash of color to people’s lives.
Who is the founder?
Addison’s Wonderland was founded by Brittany Addison-Prescott and Brooke Anderson.
What Services Does Addison’s Wonderland Offer?
Addison’s Wonderland is a full-service interior design firm that offers a range of design services to help clients create their dream homes or spaces. The company is based outside of Atlanta, Georgia, and is headed by lead designer and blogger Brittany Palazzo.
Addison’s Wonderland’s design services include full-service interior design, paint plans, and consultations. The company’s design philosophy is to create spaces that are both functional and beautiful, as well as cozy and elegant.
Addison’s Wonderland has been featured in various publications, including Beautiful Kitchen and Baths, HGTV DreamHome 2019, HGTV Magazine, Better Homes & Gardens, and Oprah.com. However, as of 2023, Addison’s Wonderland is not offering any interior design services.
What Was The Outcome Of Addison’s Wonderland Shark Tank Pitch?
During their pitch on Shark Tank in episode 416, Addison’s Wonderland founders Brooke Bryant and Brittany Hayes were seeking a $90,000 investment in return for 20% of their business, which provides high-end bedding and decoration choices for little girls’ bedrooms.
However, none of the Sharks made a deal with them. Mark Cuban believed there was a market for their product but didn’t think he would gain a sufficient return on his time, while Daymond John thought they didn’t need the Sharks and Kevin O’Leary found no distinguishing features in the product and feared that knock-offs would drive Addison’s Wonderland out of business.
Despite not receiving an investment, Addison’s Wonderland profited from the “Shark Tank effect,” gaining traffic to the website and nationwide attention that garnered even higher sales.
As of 2023, Addison’s Wonderland is still selling its high-end bedding products, and the Addison complete bedding set is now one of many themes to choose from.
Did Addison’s Wonderland Receive An Investment From The Sharks?
No, Addison’s Wonderland did not receive an investment from the Sharks on Shark Tank. Despite not securing an investment, Addison’s Wonderland benefited from the “Shark Tank effect,” which resulted in increased website traffic and national recognition, leading to even greater sales. As of 2023, Addison’s Wonderland is still marketing its high-end bedding line, and the company has been generating an annual revenue of $1 million as of January 20222. Brittany Addison, the company’s founder, has an estimated net worth of $2 million.
What Happened To Addison’s Wonderland After Their Appearance On Shark Tank?
After appearing on Shark Tank in 2013, Addison’s Wonderland benefited from the “Shark Tank effect,” which resulted in increased website traffic and nationwide attention, leading to even greater sales.
Despite not receiving an investment from the Sharks, Addison’s Wonderland continued to market its high-end bedding line.
As of 2023, the Addison complete bedding set is now one of many themes to choose from. After the Shark Tank appearance, the founder, Brittany Hayes, shifted her focus from bedding designs to her own home remodeling and other projects.
Addison’s Wonderland has since evolved into more than just a children’s bedding company, with a new retail store and event space, as well as several other big projects in the works.
How much were they asking on Shark Tank?
They were asking for $90,000 investment in exchange for 20 percent of their business, which was worth $450,000.
Is Addison’s Wonderland still in business?
Yes, they are still in business, with annual income of $1 million as of January 2022.
Where is the location of Addison’s Wonderland?
Addison’s Wonderland is a business located in Monroe, Georgia.
What are Addison’s Wonderland products?
Addison’s Wonderland has bedding for young girls, bedroom décor, cushions, decorative pillows, wall art and kitchen accessories.
How much was the revenue Addison’s Wonderland?
The revenue was $1 million as of January 2022.
Is there Addison’s Wonderland store?
Addison’s Wonderland sells its products through their website and a physical store in Monroe, Georgia. The products can be shipped anywhere in the world.
When was Addison’s Wonderland established?
Addison’s Wonderland was established in 2011.
What are the Addison’s Wonderland contact details?
Customers can contact Addison’s Wonderland on email at [email protected].
Is Addison’s Wonderland shipping?
YES! Addison’s Wonderland ships worldwide. Their products are available on their website.
What is Addison’s Wonderland shipping cost?
Shipping is free and orders are delivered within the next 2 to 5 business days.
What is return policy of Addison’s Wonderland?
Customers can return items within 14 days of purchase.
How do I pay for Addison’s Wonderland?
Customers can pay using MasterCard, Visa or American Express.
Are Addison’s Wonderland prices fixed?
Yes, prices are fixed and not negotiable.
What is Addison’s Wonderland business model?
Addison’s Wonderland is a high-end online retailer of bedding products for girls between 0 – 8 years. Addison’s Wonderland was founded by Brittany Addison-Prescott and Brooke Anderson in 2011 to fill the need for high-quality bedding at affordable price points for young girls’ ages 0 – 8.
What is the net worth of Brittany Addison?
Brittany Addison has an estimate net worth of $2 million.
