Boogie Box Fitness Shark Tank Update | Boogie Box Fitness after Shark Tank

What is Boogie Box Fitness?

Boogie Box Fitness is a range of DVDs including choreographed dance and martial arts fitness routines paired to lively and uplifting music.t. It’s the perfect way to exercise at home, and adopt a healthier lifestyle without having to go on a restrictive diet.

Dede Barbanti-Parra, CEO and founder, and her business partner Kathy Lamm from California. The two mothers became acquainted as a result of a common friend.

Dede, a professional choreographer and martial arts aficionado, was going through a divorce at the time, was overweight, and was supporting her young children alone.

Kathy was so taken with her concept for DVD exercises that she thought the world needed to know more and chose to join the company as Chief Operating Officer (COO).

Who is the founder of Boogie Box Fitness?

Dede and Kathy Lamm are the founders of Boogie Box Fitness from California. The two mothers became acquainted through mutual friends.

While going through a difficult period in her life, Dede had the idea for a series of DVD training programs set to inspirational music. She was well-versed in synchronized dance, in addition to being a martial arts and fitness aficionado.

They decided to start a company together after meeting Kathy. To demonstrate to the world that if two single mothers can accomplish it, anyone can.

They picked DVDs as their distribution medium because they believed they offered the best return on investment.

Thus, they set about assembling a group of interested producers who had previously worked on comparable initiatives in the fitness business.

To sustain the business and raise funds prior to beginning filming for their DVD series, they held workshops for students and trained trainers.

Although they did not land a contract on Shark Tank, the product generated attention and was highlighted on television shows like as Dr. Oz and Fit Celeb, which increased investor interest in their company.

Barbanti-Parra founded Boogie Box Fitness on the strength of her significant dance, choreography, and martial arts skills.

She used her skills to construct an exercise regimen that incorporates the natural motions and stretching associated with dance and martial arts.

What Happened to Boogie Box Fitness at Shark Tank pitch?

Dede and Kathy chose to submit their proposal to Shark Tank investors in hopes of securing funding. The entrepreneurs approach Shark Tank seeking a $700,000 investment in exchange for 70% of the firm at a $1 million value.

Prior to presenting their offer, the partners went on an energetic display of their exercise regimen, which was attended by numerous satisfied clients. The Sharks are definitely impressed, nodding and smiling along with the song.

Kevin O’Leary has doubts about the workout’s efficacy, and the entrepreneurs invite him up to test it out. Daymond John asserts that he possesses the “bodies of gods; Buddha, to be precise.”

The pleasant banter rapidly turns serious as O’Leary casts doubt on the strategy. The women are seeking money in order to develop a line of home DVDs.

They’ve built a company on training and certifying instructors, as well as growing a fan base. That segment of the firm generated a profit of $15,000.

They clarify that the offer is for the business’s soon-to-be-launched DVD division. The Sharks cast doubt on the investment’s size in comparison to the danger.

Daymond John is out based on the investment’s size in relation to the risk. Robert Herjavec also declines to make an offer on similar reasons. Kevin O’Leary believes in “money murder.” He claims that if he provides them $700,000 and they lose it, he would enter “money hell.” He has exited.

Kevin Harrington believes that the investment is excessive. He has exited. Barbara Corcoran admires the women and the brand, but she feels the entrepreneurs have demanded an excessive investment and provided an excessive stake in the business.

The final Shark rejects to make offer to them, and Dede and Kathy exit the pitch without securing a deal.

What Happened to Boogie Box Fitness after Shark Tank?

When the females leave the Shark Tank empty-handed, they do not give up. They went on to make the first DVD and carved out a market niche for themselves.

Shark Tank exposure helped generate awareness for Boogie Box Fitness, which was featured on national television shows such as Dr. Oz and FitCeleb.

Today, the business thrives, because to the ladies’ dedication to health and fitness. While the Sharks did not bite into Boogie Box Fitness, Barbanti-Para and Lamm clung to their ambitions.

For a time, the ladies maintained the business. As of July 2021, the corporate website is down, and social media accounts have been inactive since January 2020.

They appear that the company has ceased operations.

Competitors of Boogie Box Fitness

There is numerous fitness programs designed to motivate and educate the general public.

The following is a list of the primary competitors of Boogie Box Fitness: Zumba Fitness Equipment, The Biggest Loser Club, and Fit Affinity.

Net Worth of Boogie Box Fitness

During the pitch the company was valued at $1 million. In 2021 the company is not in operation therefore the net worth of the company is unavailable.

Boogie Box Fitness FAQs

What is Boogie Box Fitness?

Boogie Box Fitness is a chain of dance-based fitness classes based in Costa Mesa, California. The two proprietors, Dede and Kathy Lamm, developed DVDs for the series that incorporates dance and martial arts into complex routines.

The costumed instructors add to the participants’ motivation as they perform choreography with the models. They also instruct students about posture, strength development, flexibility and cardiovascular health.

Who is the founder?

Dede and Kathy Lamm are the founders of Boogie Box Fitness. Dede has 25 years’ experience as a dancer and choreographer. She learned martial arts at a young age and is a certified fitness instructor.

Kathy is also a certified personal trainer who has decades’ worth of experience in martial arts. The two women met while they were single mothers, which brought the two together to become friends and business partners.

How much were they asking on Shark Tank?

They were seeking for $700,000 for 70% stake of their business.

Did they get the deal?

No, the women did not secure the deal.

Is Boogie Box Fitness still in business?

No, the business is in inactive mode. As of July 2021, they have dropped off social media and the company website is down.

What inspired Dede Lamm to create Boogie Box Fitness?

Boogie Box Fitness started out as a dance studio teaching children’s classes. Dede wanted to give her students a fun routine that could help slim down and strengthen their bodies.

How many people work for Boogie Box Fitness?

There are no current numbers available as of July 2021.

How Boogie Box Fitness does make money?

Dede says she was inspired to create the workout for two reasons. The first was for fun, and the second was because of her passion for dance.

The two women also want their own DVDs in order to capitalize on their product. They realized that there is a profit in home training, which can be uploaded as a DVD and sold to clients at home.

What is the net worth of Dede Barbanti?

Dede Barbanti-Parra net worth is $1.9 Million

What is the net worth of Kathy Lamm?

Kathy’s net worth is unknown.