JiggAerobics Shark Tank Net Worth 2023
During and after the pitch, JiggAerobics was valued at $416,667. However, the company’s financial performance has since exceeded expectations, with annual revenue reaching $900,000 as of December 2021.
This impressive financial performance justifies that the net worth of the company has increased significantly since the pitch.
JiggAerobics has been able to achieve this success by offering high-quality dance fitness classes that have attracted a loyal following of customers.
The company’s growth trajectory indicates that it has a bright future ahead and is poised for even greater success in the years to come.
What is JiggAerobics? Who is the founder of JiggAerobics?
JiggAerobics is a popular lifestyle brand known for its explosive dance-fitness program called “GetRight Sessions,” which combines fun, exercise, and entertainment on a global scale.
The brand cleverly integrates “jigging,” a high-energy southern dance form, with various plyometric workouts, resulting in an exhilarating and effective fitness experience.
With JiggAerobics, you can enjoy a customized and socially isolated party by simply putting on your headphones and getting ready to dance.
One of JiggAerobics’ signature workouts is the Super Soul Session, an intense low-impact cardio workout set to Old School Tunes for Generation X and Boomers, which is led by fitness experts.
Founded by LaDonte Lotts in Baton Rouge, Louisiana, in 2015, JiggAerobics has since attracted a large following and is known for its lively fitness gatherings that incorporate jigging, plyometrics, and hip-hop music.
Lotts, a professional fitness instructor, was inspired to create JiggAerobics by his passion for dancing, which he pursued as a drum major in the band at Southern University and A&M College.
JiggAerobics offers classes and events at various locations across the southern United States and can be booked for special occasions. Memberships to stream their fitness routines cost $9.99 per month.
Currently, Lotts and two “master trainers” lead JiggAerobics, but he hopes to expand the brand globally and introduce it into schools.
JiggAerobics Shark Tank Pitch
LaDonte Lotts appeared on season 11, episode 20 of Shark Tank to promote his JiggAerobics dancing fitness program, hoping to gain the interest of the Sharks.
His goal was to expand his company globally and introduce it to schools, and he believed that Shark’s assistance could make it happen.
During his pitch, LaDonte requested a $50,000 investment for a 12% stake in his company, which was valued at $416,667.
After his presentation, he invited the Sharks to join him in trying out the program, and they danced before getting down to business.
LaDonte’s sales in the first year totaled $62,000, and his plan to grow the company was to educate and license instructors, charging them a monthly fee.
Unfortunately, none of the Sharks saw value in investing in LaDonte’s company, and he left without a deal. This episode aired during the height of the Covid-19 pandemic in May 2020.
As a result, LaDonte had to pivot his business to “Virtual Fitness Parties,” which were successful. However, he continued with his business and was still “getting jiggy with it” in December of 2021, with an annual income exceeding $900,000.
Net Worth of JiggAerobics
The valuation of the company was $416,667 during and after the pitch, since then the company has been operating with annual revenue of $900,000 as of December 2021. This justifies that the company’s net worth had increased.
JiggAerobics Shark Tank Updates
LaDonte Lotts appeared on Season 11 Episode 20 of Shark Tank seeking $50,000 for 12% of his dance fitness classes, Jiggaerobics. Despite not making a deal on the show, Jiggaerobics is still in business today.
The company offers a combination of Baton Rogue’s signature ‘jigging’ dance and aerobics, and is described as “combining fitness, entertainment, and culture into an exhilarating dance-fitness sensation”.
Jiggaerobics has a traveling class model, with a low entry fee per person for workouts and fun. The company also makes workout videos, which are available to their monthly online subscribers.
Jiggaerobics is currently offering Facebook Live fitness parties, and the team will even travel out to your group to bring their fitness party there.
As of December 2021, Jiggaerobics’ annual revenue has reached $900,000, exceeding expectations. Currently, LaDonte Lotts and two “master trainers” lead Jiggaerobics, but Lotts hopes to expand the brand globally and introduce it into schools.
Jiggaerobics has a significant following on social media, with nearly 24K followers on Instagram, 89K on Facebook, and 1.8K on Twitter.
JiggAerobics Shark Tank Table Summary:
|Pitch on Shark Tank||Season 11, Episode 20|
|Investment Requested on Shark Tank||Sought $50,000 for 12% of the company, which was valued at $416,667. No deal was made.|
|Company Valuation on Shark Tank||$416,667|
|Annual Revenue as of December 2021||$900,000|
|Membership Subscription Cost||$9.99 per month|
|Key Offerings||Dance fitness classes that integrate jigging and plyometrics|
|Growth Strategy||Expanding globally and introducing JiggAerobics into schools|
|Social Media Following||Nearly 24K followers on Instagram, 89K on Facebook, and 1.8K on Twitter|
|Status||Still in business, with successful Virtual Fitness Parties during the Covid-19 pandemic|
|Future Plans||Expanding globally and introducing JiggAerobics into schools|
|Revenue||Annual revenue of $900,000 as of December 2021.|
What Is Jiggaerobics And It Works?
JiggAerobics is a dance fitness program that combines “jiggin” and plyometrics for a fun fitness experience. Jiggin is a hip hop dance style popular in Baton Rouge, Louisiana, and plyometrics are exercises in which muscles exert maximum force in short intervals of time, with the goal of increasing power.
The program was created by LaDonte Lotts, a certified fitness instructor who started the business in 2015. JiggAerobics offers classes and events at locations all over the south, and you can also book them for private events.
The program includes explosive movements, such as jumping, to improve balance, agility, and stamina.
JiggAerobics is designed to encourage people to see a workout as entertainment. The program is for anyone who sees dance as a unique form of exercise and wants to improve their fitness and focus.
JiggAerobics is a global lifestyle brand that fuses fitness, entertainment, and culture into an exhilarating dance-fitness sensation. The program offers exclusive challenges and a podcast discussing the importance of holistic wellness for premium members.
LaDonte Lotts pitched JiggAerobics on Shark Tank in episode 1121 and received an investment of $50,000 for 12% of his dance fitness classes.
The program is gaining popularity and is quickly becoming a cultural phenomenon. A subscription to stream exercise routines costs $9.99 per month.
How Much Was Jiggaerobics Asking On Shark Tank?
LaDonte Lotts, the founder of JiggAerobics, appeared on season 11, episode 20 of Shark Tank to promote his dancing fitness program. He was asking for $50,000 for a 12% stake in his company, which was valued at $416,667.
However, He Did Not Get A Deal From Any Of The Sharks.
Despite not getting a deal on Shark Tank, JiggAerobics is still in business and has exceeded expectations in terms of financial performance. As of December 2021, the company’s annual revenue had reached $900,000.
JiggAerobics is a combination of Baton Rogue’s signature “jigging” dance and aerobics. LaDonte Lotts owns a traveling fitness aerobics company and wants to expand the brand globally and introduce it into schools. Currently, Lotts and two “master trainers” lead JiggAerobics.
What Happened To Jiggaerobics After Shark Tank?
JiggAerobics is a dance fitness program that combines “jiggin” and plyometrics for a fun fitness experience. LaDonte Lotts, a certified fitness instructor, started the business in 2015. In May 2020, Lotts appeared on Shark Tank seeking $50,000 for 12% of his business.
During the pitch, Lotts got the Sharks up to dance with him on the carpet, which they loved. However, none of the Sharks felt that they could add any value, and Lotts left with no deal.
Despite not making a deal on Shark Tank, JiggAerobics is still in business as of May 2022. The company’s financial performance has exceeded expectations, with annual revenue reaching $900,000 as of December 2021.
Currently, Lotts and two “master trainers” lead JiggAerobics, but he hopes to expand the brand globally and introduce it to schools. During the Covid-19 outbreak, Lotts was forced to take part in “Virtual Fitness Parties,” which were a success.
In summary, JiggAerobics is still in business, and its annual revenue is less than $1 million. Although Lotts did not get a deal on Shark Tank, the company’s financial performance has exceeded expectations, and Lotts hopes to expand the brand globally and introduce it into schools.
Did Jiggaerobics Have The Deal?
Jiggaerobics appeared on Shark Tank Season 11, seeking $50,000 for 12% equity, but was unable to make a deal. None of the sharks made an offer. LaDonte Lotts, the owner of Jiggaerobics, is a certified fitness instructor who started the business in 2015.
Jiggaerobics is a combination of Baton Rogue’s signature ‘jigging’ dance and aerobics. The classes, events, and streaming video content combine “jiggin” and plyometrics for a fun fitness experience. Jiggaerobics also made workout videos, which were available to their monthly online subscribers.
Jiggaerobics is a traveling dance fitness company that offers classes and events at locations all over the south. The company charges a low entry fee per person for workouts and fun. Jiggaerobics is designed to encourage people to see a workout as entertainment.
The dance workout model has been designed to help people improve their fitness and focus. Jiggaerobics is quickly gaining ground and is becoming a cultural phenomenon. LaDonte Lotts wants to expand his business by training and licensing instructors and introducing it in schools as well.
Is Jiggaerobics Still In Business?
Yes, JiggAerobics is still in business. JiggAerobics is a global lifestyle brand that fuses fitness, entertainment, and culture into an exhilarating dance-fitness sensation. The company offers classes and organizes dance events in popular locations all through the south.
JiggAerobics cleverly mixes “jigging,” a high-energy southern dancing form, with a variety of plyometric workouts. The idea of these exercises is to exert maximum muscle force in a short time, aiming to increase power and endurance over time.
JiggAerobics was featured on Shark Tank in May 2020, where LaDonte Lotts, the founder, pitched his traveling fitness aerobics company. Although none of the Sharks decided to invest in the business, JiggAerobics still managed to flourish.
As of May 2022, JiggAerobics is still in business and “gettin’ jiggy with it”. The company’s growth trajectory indicates that it has a bright future ahead and is poised for even greater success in the years to come.
What is the revenue of JiggAerobics?
JiggAerobics revenue is about $900,000 as of December 2021.
Is JiggAerobics good for health?
JiggAerobics is good for health. It is a full-body workout that provides a great cardio workout and exercises the strength of all the muscles in the body.
How often do do JiggAerobics?
One needs to do JiggAerobics 2 times a week for 30 minutes each session.
How much does it cost to join JiggAerobics?
The price of membership at JiggAerobics is $9.99/month.
How does JiggAerobics make money?
The company makes money from monthly membership fees.
Where is JiggAerobics located?
JiggAerobics is located in Texas, United States.
How many JiggAerobics locations are there?
Currently, there are 4 locations.
What are the JiggAerobics challenges?
JiggAerobics challenges help one get fit and motivated to exercise.
How do I contact JiggAerobics?
The name of the company and address can be found on its website.
What are the future plans of JiggAerobics?
JiggAerobics plans to expand into schools and more locations around the world.
What is JiggAerobics like?
Some of the exercises are favorite partner dances and fast dancing so one is jumping up and down with their partner to get a high cardio workout. They do not need any equipment but they will need to buy music licenses for their chosen songs.
What are the payment methods accepted by JiggAerobics?
Payment can be made by the JiggAerobics website credit card, debit card, or check.
What are the qualifications to join JiggAerobics?
There is no requirement of qualification to join the JiggAerobics. All one need is a desire to get fit and have fun.
What is JiggAerobics like?
During the class, one can easily burn up to 500 calories in a 30-minute lesson. A typical workout will also strengthen every muscle in the body.
How to Contact JiggAerobics?
One can contact them through their website http://jiggaerobicsfitness.com/
What is the business model of JiggAerobics?
JiggAerobics offers their customers the option to stream individual classes and pay a monthly membership fee or buy packages of class sessions.
How do I join JiggAerobics classes?
One can join dance fitness at a local location or stream lessons online.
How to find JiggAerobics?
One can find JiggAerobics by doing a search on google.com or by going to jiggaerobicsfitness.com.
Does JiggAerobics have a subscription plan?
Yes, JiggAerobics have a subscription plan.
What are JiggAerobics subscription plans?
JiggAerobics has 3 plans at different prices. They are one-month, six-month, and one-year subscriptions of $9.99/month, $79.98/six months, and $179.95/year.
How to cancel JiggAerobics?
To cancel JiggAerobics subscription canceled one needs to call their customer service line at +1 832-429-2281 from 7 am to 10 pm EST Monday through Friday or chat with a team member online at http://jiggaerobicsfitness.com/ or email at [email protected].
What is JiggAerobics workout like?
JiggAerobics workout is a mixture of partner dancing moves done at a high-energy pace to pop music. The instructors create their own routines and then teach them to their participants.
What makes JiggAerobics unique from others?
JiggAerobics is a fun way to get a full-body workout. It not only provides a great cardio workout but exercises the strength of all the muscles in the body.
What is the net worth of LaDonte Lotts?
LaDonte Lotts net worth is unknown.