Boho

bohoDavid Sodemann and Brett Ellenson seek an investment for Boho, their budget camper van rental and sales business, in Shark Tank episode 1117. The idea for Boho came when David rented a van from Outdoorsy with company co-founder Sarina Gomez to explore Maui. Upon their return, they decided to build their own van. After two months of work, they had a finished van and rented it out on Outdoorsy. Outdoorsy is like an AirBnB of campers that provides insurance and background checks on renters.

Boho doesn’t use new vans when making their custom campers. They find good quality, used Ford E350 and Dodge RAM 3500 vans then custom fit them with wood paneling, a double bed, sinks, shower, grill and cooler. They’ll add custom accessories at a customer’s request – the strangest being a built in Fusball table.

The business model is twofold. Boho has a small fleet of vans they rent from their Tempe, AZ location. They also build vans for people who want to experience the “van life.” Rentals vary in price based on length of rental and time of year. Custom vans range fro $25,000 – $40,000 plus, depending on the features requested; those prices do not include the cost of the van.

What David and Brett want to do is expand their rental business and increase their sales of custom vans. They need marketing money and some seed capital to expand. They hope a Shark will want to camp some cash in their business.

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Boho Camper Vans

Boho Shark Tank Recap

David andd Brett will pitch the panel of five Sharks on the business and its prospects for growth. They’ll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Barbara Corcoran and guest Shark Rohan Oza that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on Boho will be available on Shark Tank Blog once this episode airs.

Boho Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Boho & David Sodemann and Brett Ellenson as more details become available.

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