Scotty Claus Shark Tank Update| Scotty Claus after Shark Tank
What is Scotty Claus?
The Living Christmas Company, founded by Scott Martin, offers a unique service to families by providing an alternative to buying a cut Christmas tree each year.
The company rents out real Christmas trees that are delivered to the customer’s home and can be kept after the holiday season. Scott Martin’s business strategy was to put a modern spin on an age-old tradition, addressing the environmental and practical concerns of cutting down a tree every year.
The company focuses on the importance of keeping the trees alive, promoting sustainability and reducing waste. Customers can rent a real tree instead of cutting down their own, buying from a farm, or using a fake plastic tree.”
Who is the Founder of Scotty Claus?
Scotty Martin is the founder and CEO of The Living Christmas Company, and has a background in psychology and law. He began his business career at a young age by opening a radio station and later started a real estate firm.
After working in the field of cancer research, he returned home to take care of his mother and found himself motivated to start a company that rents out real Christmas trees as an alternative to cutting them down. He currently resides in Redondo Beach with his family.
What Happened to Scotty Claus at Shark Tank pitch?
Scott Martin, the founder of The Living Christmas Company, went on Shark Tank to pitch his unique idea of renting out real Christmas trees instead of buying them every year.
He requested $150,000 for a 30% stake in the company, which was valued at $500,000. He shared that he used to work for a local nursery and was saddened by the sight of discarded Christmas trees after the holidays.
The Living Christmas Tree Company rents out trees and takes care of them until the next Christmas, creating around 200 seasonal jobs. Scott’s pitch was met with mixed reactions, with some Sharks admiring the idea but others not seeing room for growth.
Mark Cuban, however, was impressed and offered $150,000 for 40% of the company. Scott accepted Mark’s offer and became a Shark Tank success story.
What Happened to Scotty Claus after Shark Tank?
The Living Christmas Company has seen success since its appearance on Shark Tank. With Mark Cuban’s investment, the company was able to expand to a larger location and improve its irrigation system, resulting in increased inventory.
The company continues to focus on hiring veterans and has begun a retail partnership with Whole Foods in the San Francisco area. Since being on the show, the company has consistently generated over $300,000 in sales during the Christmas season.
Despite challenges faced during the pandemic, the company still managed to sell out of trees in 2021, indicating continued growth and success.
Net Worth of Scotty Claus
The company was valued at $500,000 during the pitch, and due increase in sales, the company valuation has also raised as of 2021.
Scotty Claus FAQs
What is Scotty Claus?
Scotty Claus is a unique company that offers families an alternative to buying a cut Christmas tree each year.
Instead, the company offers families the option of renting a real Christmas tree from them that will be delivered directly to their house for them to keep after the holiday season.
Who is the founder?
Scott Martin founded The Living Christmas Company.
What is his offer on Shark Tank?
Scott Martin pitches his company on Shark Tank trying to get $150,000 for 30% of the company.
Did he get the offer?
Yes, Scotty was offered $150,000 for 40% of the company by Mark Cuban.
Is still in business?
Yes, the company is still in business and continues to grow and sell out of trees during the holidays.
Did he make the money back on the pitch?
No, Scotty did not make back his money.
Why did Scotty agree?
Scotty felt that Mark Cuban’s offer was fair and he made the right decision agreeing to sell this business this shark tank episode.
How much does Scotty Claus cost?
The rental period is 2 weeks and the cost is $60 for this period.
Where can you find Scotty Claus?
Scotty Claus can be found in The Living Christmas Co website.
How Do You Rent A Tree from Scotty Claus?
Scotty Claus has a number of different rental options available, depending on how long would like to rent a tree for and whether or not they want to opt in for delivery and setup of the tree.
What has Scotty Claus done since then?
He has continued his charitable work, but this time with more thought-out ideas and commitment to success.
How is the business model?
The business model is pretty simple in that they offer rented Christmas trees.
How does Scotty run his business?
Scotty runs his company very simply, with little bureaucracy and very few employees.
What products/services does the company offer?
The company offers Christmas trees for rental.
How much money does the business make in a year?
The company makes around $150,000 in a single year.
Where is Scotty Claus located?
Scotty was born in Redondo Beach, California. He currently resides in Redondo Beach, CA.
Is the business profitable?
No it is not, but this is due to the seasonal nature of the business. The business makes around $150,000 per year.
Is any business opportunity?
This is a seasonal business opportunity based on his suppliers and clients.
What are the threats?
The biggest threat of this business is the seasonal nature of the industry.
What are Scotty’s strengths?
Scotty has excellent social skills, which he uses to persuade people to hire his company for their business.
How can Scotty succeed?
He can succeed by expanding his company into different cities and states.
Scotty has started off slow but is growing his company slowly but surely. He will continue to grow his company slowly and steadily, while increasing income per year.