It turns out that Boydstun and Lent’s dream of turning their company into a franchise has come true, thanks in part to Corcoran’s investment. Seconds The Coop official website, there are now seven different Coop locations in existence. At the time of publication, they have six locations in California and one in Austin, Texas. The business is still looking to branch out and continue to advertise for franchisees.
While many gaming venue companies have gone by the wayside due to the pandemic, The Coop has managed to survive by offering $5,000 to-go party packages and virtual party activities. Instead of heading to a The Coop location, parents and guardians can bring the party home, complete with themed food and banners while the company manages and caters the party. It also offers the company’s gift shop Coop boxes – Favor bags, decorations and centerpieces that can be between $25 and $50 each. All the positive publicity they’ve gotten from their appearances on “Shark Tank” has led to a lot of ink and a slew of celebrity clients. For its press sectioncelebrities such as Julie Bowen have brought their pups to The Coop premises for parties.
While it definitely wasn’t the most expensive deal ever seen on “Shark Tank,” The Coop managed to make Corcoran and the others a pretty penny. For a 2016 appearance on “Beyond the Tank,” the company earned a combined $3.4 million across all of its locations. Now that’s worth celebrating.
