Mobile Tyre Shop
DealA mobile car tyre fitting shop that comes to you to professionally fit and rebalance your tyres
Pitched by Travis Osborne
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The Shark Tank Australia pitch
- A$250K
- Asked for
- 10%
- Offered equity
- A$2.5M
- Sought valuation
- Not recorded
- Deal amount
- Not recorded
- Deal equity
- —
- Deal valuation
Travis Osborne brought Mobile Tyre Shop into the Shark Tank Australia in season 1, episode 3, pitching a mobile car tyre fitting shop that comes to you to professionally fit and rebalance your tyres.
They asked the sharks for A$250K for 10% of the company. That valued the business at A$2.5M.
Mobile Tyre Shop reached a recorded on-air agreement with Steve Baxter and John McGrath; the deal amount is not recorded; the equity stake is not recorded. This records the accepted terms, not confirmation that funding was completed.
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