Wendy’s Gnome Shop Shark Tank Update | What Happened to Wendy’s Gnome Shop after the Shark Tank Pitch?

What is Wendy’s Gnome Shop?

Wendy’s Gnome Shop is a start-up business that specializes in handcrafted gnomes which are unique and made of foam, cardboard, wood, and cloth.

They feature lengthy beards and caps that cover their eyes. The gnomes are available in various designs for holidays such as Halloween, Easter, St. Patrick’s Day, Valentine’s Day, and Christmas.

Wendy also offers a one-of-a-kind custom gnome service and plans to introduce a “create your own gnome” option in the future.

Wendy’s gnomes are believed to bring good fortune and wealth to homes in the United States and internationally.

They are intended for indoor use and are not toys, as they include small parts that can be choking hazards for children.

They are 8 inches tall and range in price from $30 to $40 depending on the design. They are manufactured in Charlotte, North Carolina.

Who is the Founder of Wendy’s Gnome Shop?

Wendy has a BSN and MSN from Western Governors University, a private online university in Utah. She started her career as a registered nurse in a hospital setting, then became a travel nurse in Florida and California.

She specialized in Labour and Delivery while in California, and eventually became an Assistant Nurse Manager and settled in Charlottesville, North Carolina.

From there, she started her passion for creating gnomes and established Wendy’s Gnome Shop after earning an MBA from Western Governors University.

Her daughter Amber has also joined her in this passion, first assisting with the delivery of infants and now creating gnomes full-time.

What Happened to Wendy’s Gnome Shop at the Shark Tank Pitch?

Wendy, the creator of personalized gnomes, appeared on Shark Tank season 13 episode 8 seeking $200,000 and a 20% stake in her company.

This would value her company at $1 million. She explained how she creates her gnomes to spread happiness and that her firm generates 50% of its sales through its website and 50% through Etsy, where it is the #1 seller.

Wendy discussed her financials and the cost of acquiring a customer, and the Sharks inquired about her business and her background.

Daymond and Barbara ultimately made offers for $200,000 in exchange for 35% and 30% equity respectively, with additional terms.

Wendy eventually accepted an offer of $200,000 for 25% equity from Barbara, but both Sharks ultimately declined, and Wendy left without a deal.

What Happened to Wendy’s Gnome Shop after the Shark Tank Pitch?

Wendy’s Gnome Shop, which appeared on a TV show, has seen a significant increase in sales, with the majority of her work now being sold directly through her website.

She promoted a Shark Tank discount and a special Shark-themed gnome after the show’s premiere.

Wendy’s daily gnome sales increased from 40-50 to over a thousand in the week after the show aired. She has stated that she wants to operate a business in the future.

Wendy’s Gnome Shop Net Worth.

Wendy and Amber agreed to a deal on Shark Tank in which they would receive $200,000 and give up 20% ownership of their company in exchange.

This implies a valuation of $1 million for the company. However, they ultimately accepted Daymond’s offer of $200,000 for a 30% stake, which values the company at $666,666.66.

Wendy’s Gnome Shop Competitors.

There are no competitors identified for Wendy’s Gnome Shop.

Wendy’s Gnome Shop FAQS

What is Wendy’s Gnome Shop?

Wendy’s Gnome Shop is a craft business which sells gnomes.

Who is the founder of Wendy’s Gnome Shop?

Wendy Corcoran is the founder of the company.

How much was they seeking in the Shark Tank?

They sought $200,000 for a 20% stake in the company.

Did they get a deal?

Wendy’s Gnome Shop accepted $200,000 for a 30% stake in the company from Daymond John.

Where are Wendy’s Gnome Shop located?

Wendy’s Gnome Shops is located in Charlottesville, Virginia.

How much does gnome cost?

Wendy’s Gnome Shop sells gnomes for $35.

What episode of Shark Tank was Wendy’s Gnome Shop featured?

Wendy’s Gnome Shop appeared on the season 13 episode 8 of Shark Tank.

Do they ship internationally?

They do ship internationally. The client is responsible for shipping and customs taxes. For instance, the typical cost of shipping a single gnome to the United Kingdom is roughly $15.

What is the height of the gnomes?

The gnomes wearing boots stand around 8.5 inches tall. The tiered dish gnomes are approximately 6.5 inches tall without their footwear. Occasionally, there are 9-inch tall highlighted gnomes without footwear.

What are they made of?

The gnomes with boots are mounted on a styrofoam cone. The tray gnomes without footwear stand on a sturdy cardboard platform with a hardwood foundation.

Do they make garden gnomes?

No, all of their gnomes are decorative for the interior of the home.

Are these gnomes’ toys?

No, these are not children’s toys. They include little pieces that are not suitable for youngsters. They are only decorative.

How much do they weigh?

Each gnome is around half a pound in weight.

Do they offer free shipping?

Domestic orders of $50 or more qualify for free shipping.

When will they get their gnome/shipping times?

Each gnome is individually handcrafted to order. Their gnome will be created and dispatched within ten days after receiving their purchase.

How can they contact them?

They can Email them at CustomerService@wendysgnomeshop.com.

When will they get their pre-ordered gnome?

All pre-ordered gnomes will be delivered within three weeks of the holiday with which they correspond.