Extreme Sandbox is where adult children can play in a sandbox designed specifically for them. They have a full-size heavy equipment and construction equipment company at their disposal.
Take the wheel of a bulldozer, excavator, or one of the many other vehicles adults can have fun with. The business generated one million dollars in revenue in just four years. They are situated outside Minneapolis and are projected to bring in $500,000 in revenue during the current fiscal year.
They take out a lease on the machinery, enabling them to obtain high-end machinery on a five-year basis. He has a plot of property that is 10 acres. Mark Cuban informs Randy that he has land in Dallas that may be used as a new location for Extreme Sandbox, which has never been involved in an accident.
Before beginning his own business, Randy served in the police department for many years. He is interested in franchising places and believes that thirty percent of the work might be performed from a centralized location.
What Is Extreme Sandbox?
Extreme Sandbox is a one-of-a-kind adventure destination near Hastings, Minnesota. These ten acres allow visitors to achieve their childhood dream of operating big construction equipment such as bulldozers and excavators.
Participants receive hands-on training from trained instructors to ensure a positive and safe experience.
The kids can dig, play, perform challenging tasks, try excavator “golf,” and crush a car. Extreme Sandbox has climate-controlled machines in climate-controlled cabinets throughout the year.
Extreme Sandbox is an attraction that has quickly gained prominence as one of the top attractions in the Minneapolis-St. Paul metro area is ideal for team-building events, birthdays, family reunions, and other events.
|Company Name||Extreme Sandbox|
|Product||Adult Adventures And Fun With Heavy Construction Equipment|
|Investment Asking For||$150,000 For 15% equity in Extreme Sandbox|
|Final Deal||$150,000 For 20% equity in Extreme Sandbox|
|Shark||Kevin O’Leary and Mark Cuban|
|Episode||Season 7 Episode 12|
|Business Status||In Business|
Who Is The Founder Of Extreme Sandbox?
Extreme Sandbox is a ten-acre facility in Minnesota where adults can have fun while learning about heavy construction equipment, including bulldozers and excavators.
The founder of Extreme Sandbox, Randy Stenger, pitched his firm and strategy to expand into new states on Shark Tank in January 2016.
Extreme Sandbox Before Shark Tank
Randy Stenger presented himself and said he resides in Minnesota with his five children and fiance. He asserted that he founded Extreme Sandbox.
Randy narrated the film, which showed his children playing in their driveway. He said he conceived the idea while driving his children by a construction site.
Randy’s mind was spinning as the children expressed interest in playing on the equipment. The scene shifted to the front of the business, where Randy greeted potential customers.
Extreme Sandbox lets consumers play with real construction equipment, says the narrator.
Extreme Sandbox was modeled after a 10-acre construction site, and the “foreman” led happy-looking people through it.
Various construction equipment is available, including bulldozers and excavators, which can crush automobiles. Randy asserted that Extreme Sandbox is capable of granting wishes.
Randy explained to the crowd over the phone that he saved up his entire savings and retirement accounts to launch Extreme Sandbox.
According to him, the Sharks would be required to contribute money to establish it as a national brand.
The guilt trip was added at the end, stating that his family counted on him to strike a good deal to improve the family’s prospects.
How Was The Shark Tank Pitch Of Extreme Sandbox?
Randy Stenger appeared on Shark Tank requesting an investment of $150,000 in exchange for a 15% stake in Extreme Sandbox.
The next startup to enter the shark tank is Extreme Sandbox, founded in Minnesota and offers individuals the opportunity to “play” with heavy construction equipment.
They ask for $150,000 in exchange for a 15% equity stake in Extreme Sandbox.
The event, which allows adults to crush automobiles and play in the “sandbox” with a bulldozer for a minimum cost of $300, evokes fond childhood memories of playing in a sandbox. To this day, they have made a million dollars.
It is estimated that opening a new location in Dallas will cost roughly one hundred thousand dollars.
The company’s founder claims they have not experienced any incidents yet.
The ability to scale is called into question by Lori Greiner, and he explains his desire to extend to further metropolitan regions.
She thinks the concept would be a lot of fun, but she doesn’t believe it could be scaled, so she abandons it.
Daymond John, like everyone else, thinks back to the enjoyable times he had as a child with it, but he leaves since he doesn’t think he could do anything of value.
Kevin O’Leary, eager to destroy an automobile, makes an offer of $150,000 in exchange for 20 percent in Extreme Sandbox.
Robert Herjavec, who also struggles to conceptualize the scaling capabilities and is uninterested in the endeavor, decides to withdraw from the competition.
Mark Cuban thinks it’s a good idea, but he wants to collaborate with Kevin O’Leary, which O’Leary is fine with.
He doubts whether or not they will be able to contribute to the expansion, but finally, he accepts their offer. The final agreement was for Mark Cuban and Kevin O’Leary to invest $150,000 in exchange for a 20% stake in the Extreme Sandbox.
Final Deal: Mark Cuban and Kevin O’Leary agreed to invest $150,000 for a 20% stake in Extreme Sandbox.
What Happened To Extreme Sandbox After Shark Tank?
Extreme Sandbox and its founder Randy Stenger have done quite well for themselves since landing a Shark Tank deal.
Extreme Sandbox established a new site at a Texas resort in April 2016. Their Twitter account displays a range of business-team-building activities that look like a lot of fun.
The company has added remote control cars and a fire truck. Recently, they have formed a partnership with high schools to teach students about construction careers. They each have websites that you can use to book bucket list experiences.
Extreme Sandbox Shark Tank Update
Extreme Sandbox appeared on Shark Tank’s popular show, and a major equipment manufacturer offered the company sponsorship.
Extreme Sandbox received sponsorship from Komatsu before the episode aired. The deal was not done before the episode aired, and the parties were still negotiating.
Extreme Sandbox is not on Mark Cuban’s list of shark tank companies to sponsor in the future.
Extreme Sandbox has been a proud sponsor of Komatsu America since the episode of Shark Tank aired in March. Extreme Sandbox opened a second location in Texas in April near the Tanglewood resort.
Extreme Sandbox Camps were offered in July 2017 to high school students interested in jobs that involve basic equipment repair, operation, and maintenance. Extreme Sandbox recently added fire trucks to its website.
The two locations of Extreme Sandbox are the only ones as of 2023. Extreme Sandbox generates $3.6 million in revenue annually.
Is Extreme Sandbox Still In Business?
Yes, Extreme Sandbox is still in business as of 2023, with annual revenue of $3.6 million.
What Is the Net Worth Of Extreme Sandbox?
The valuation of Extreme Sandbox was $1 million when it appeared on Shark Tank. The net worth of Extreme Sandbox is $3.6 million as of 2023.