Kit Lender

kit lenderForrest Shinners hopes the Sharks invest in Kit Lender, his growing ski equipment an apparel rental business, in Shark Tank’s Holiday Special, episode 1110. Skinner grew up skiing in Stowe, Vermont where his parents owned a ski shop. He always had the latest gear and styles at his disposal while growing up.

When he moved to New York City after college, his friends didn’t want to take many ski trips. Skiing is an expensive sport: lift tickets can cost up to $200, plus you need to have skis, proper clothing and a place to stay. Skinner enticed his friends to go skiing with him by letting them stay at his parents’ house and lending them skis and clothes, which were in abundance at his home.

That was when the light bulb went off. In 2014, Kit Lender opened for business and it now ships to all 50 states. Forrest says they’ve seen 100% growth year to year and expect to ship 10,000 “kits” this year. The company doesn’t just “rent ski clothes,” they rent everything men, women and children need to go skiing: gloves, goggles, boots, jacket and ski pants. They’ll even provide underwear and socks – but you have to buy those!

A full “kit” runs anywhere from $30-$50 a day, depending on the sizes and styles chosen. Simply chose your gear on the website, and they’ll deliver it right to the front desk of the ski lodge. When vacation is over, put everything in the pre-paid return shipping envelope provided and leave it at the front desk. Kit Lender has a lot of success partnering with resorts who usually rent skis, but not all the other stuff. Forrest wants to go beyond ski gear into other avenues – like camping gear – and he likely wants a Shark’s help with the logistics of expansion.

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Posts about Kit Lender on Shark Tank Blog

KitLender – Ski Gear Rental Online

Kit Lender Shark Tank Recap

Forrest will pitch the panel of five Sharks on the business and its prospects for growth. He’ll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Barbara Corcoran and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but he’ll need to show them HE is capable of running the company to “Shark standards.” A full pitch re-cap on Kit Lender will be available on Shark Tank Blog once this episode airs.

Kit Lender 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 Kit Lender & Forrest Shinners as more details become available.

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