1. Bubba’s Q Boneless Ribs
Former football star Al “Bubba” Baker is known for his very delicious ribs. In fact, he owns a popular restaurant in Avon Lake, Ohio; where customers don’t seem to get enough of his boneless ribs recipes. The reason for his success is patented one of a kind deboning method.
Baker appeared on Shark Tank in 2013 where he proved he could satisfy Americans’ palates for quality barbecue. He was able to secure a sweet $300,000 deal with 30% equity from shark Daymond John. Baker’s business continues to grow, and is expected to attain $200 million in his lifetime.
2. Ten Thirty One Productions
Ten Thirty One Productions offers many horrifying rides and haunted house experiences in Los Angeles and New York. The company even hosts scary events throughout the country. When Melissa Carbone went before the sharks with her company, Mark Cuban believed in her idea and risked $2 million for 20% in the company, which was the largest deal ever sealed in the Shark Tank.
This actually paid off, since the company has raked in over $3 since Cuban took his chance on it.
3. Tipsy Elves
Many people aren’t fans of holiday season sweaters, however Nick Morton and Eric Mendelson seem to disagree; and they even made a business out of it.
These two appeared on Shark Tank in 2013 with their company Tipsy Elves. They asked for $100,000 for a 5% stake and they ended up deciding between two offers: one from Robert Herjavec and the other from Kevin O’Leary.
In the end, they chose Robert’s offer of $100,000 for a 10% stake. Today, Tipsy Elves is thriving with many considering it one of the most lucrative Shark Tank investments yet.
4. Red Dress Boutique
Josh and Diana Harbour appeared on the Sharks with an interesting idea. They requested $600,000 for just 5% stake in their company: Red Dress Boutique which is an online store selling beautiful clothing that is also affordable.
Mark Cuban and Robert Herjavec teamed up, both offering $600,000 for 20% stake in the company. The Harbours experienced a never before seen increase in sales after being on the Shark Tank, making over $14 million in sales.
5. Grace and Lace
Grace and Lace has a solution if you’re excited about wearing your winter boots but not so excited about having to cover your snuggly cool socks. Grace and Melissa Hinannt, the company’s founders, were already quite successful; but they chose nonetheless to go on the Shark Tank because they knew that with their help they could accomplish great things.
Barbara Corcoran appeared in the picture, and gave Grace and Melissa what they were asking for, $175,000; half of which would be a line of credit. Sales continued to increase for the company, and they made $1 million in the week after their episode aired. Their total sales currently is over $6.5 million, and they even use some of it for charity work, helping orphanages in India.
During season 5 of the Shark Tank, Julie and Brian Whiteman looked to strike a deal of $150,000 for 20% stake in their company Groovebook; which for $2.99 per month, prints some of the customers’ favorite pictures from their phones and make them into a photo album.
At first, O’Leary offered to buy the company for $750,000 which the Whitemans refused. After this, the company had another duo on its side: O’Leary and Cuban. They agreed to the $150,000 but requested to obtain 80% of the licensing rights. The Whitemans witnessed their company’s success, and only recently sold it to Shutterfly for $14.5 million.
If you frequently manage to lose your glasses, ReadeRest is the solution you’ve been looking for. No matter what you are wearing, the ReadeRest magnets hold your glasses in place. Founder Rick Hopper walked into the Shark Tank hoping for $150,000 for a 15% stake in his company.
Lori Greiner believed in the entrepreneur and his product, and offered him $150,000 but with 65% equity. Hopper made an estimated $6 million from his ReadeRest, and he continues to thrive still.
8. Cousins Maine Lobster
Just the title says, Cousins Maine Lobster is a business owned by two cousins from Maine who happen to love lobster. Sabin Lomac and Tim Tselkis started out their venture in a simple food truck, and now they decided to walk into the Shark Tank.
Many of the sharks thought this business had a bright future, and so they made strategic offers. The cousins ended up with $55,000 for 15% stake. Their business now is thriving, the cousins have appeared on many popular shows such as The Today Show and Master Chef. They even made true their dream of owning a restaurant, which can be found in West Hollywood.
Lumio is a lamp that can easily be folded and transported. It was invented by San Francisco architect Max Gunawan. After a successful kickstarter campaign, Gunawan decided to go on Shark Tank to give Lumio the best chances it could get.
He walked into the tank hoping to secure $250,000 for a 8% stake in his company. He ended up with a lot of offers to choose from, and finally settled on Herjavec’s deal of $350,000 for 10% stake. Lumio quickly got popular after the episode aired, and to date; it has earned Gunawan an estimated $3 million.
David Heath and Randy Goldberg are the founders of Bombas. They walked into the Shark Tank hoping for $200,000 for a 5% stake in the company, and indeed, John Daymond was hooked.
Finally, the company’s owners and Daymond agreed upon $200,000 for 17% equity. John Daymond took the right decision, as he cites Bombas as one of his most lucrative investments so far. Just after the episode aired, Bombas sold $400,000 worth of socks and continue to thrive to this day.
11. Simple Sugars
Lani Lazzari, founder of Simple Sugars, was just 18 when she appeared on the Shark Tank to pitch her products: skincare that doesn’t irritate the skin and is pleasant to use, in texture and in scent.
The sharks fell in love with Lina’s easy going nature, and Mark Cuban pitched her the offer of $100,000 for a 33% stake in her company. She agreed to his offer, and since then the young entrepreneur reaped around $6million.
12. Bottle Breacher
A veteran couple saw potential in old bullets and decided to start company with them. The concept behind Bottle Breacher is old bullets used as wine bottles openers. Navy Seal Eli Crane walked into the shark tank with his wife, hoping to get $150,000 in exchange for 10% of the company.
The veteran couple managed to snare two sharks, Mark Cuban and Kevin O’Leary. In fact, O’Leary even cites Bottle Breacher as one of his most lucrative investments. In 2015 alone, the company managed to make $2.5 million in sales.
13. BeeSweet Lemonade
9 year old Mikaila Ulmer walked into the Shark Tank with her father Theo, ready to pitch an interesting idea. BeeSweet Lemonade made with local honey and flaxseed. They were hoping for $60,000 for 10% stake in the business.
The sharks were very impressed with Mikaila’s maturity and sense of entrepreneurship. Daymond stepped up with an offer of $60,000 for 25% which the father-daughter duo quickly accepted. Mikaila and her father welcomed success into their lives, and scored an $11 million distribution deal with Whole Foods.
14. Chord Buddy
Alabama father Travis Perry came up with the Chord Buddy idea after seeing his daughter, an inspiring guitarist, about to quit practicing the guitar.
He walked into the Shark Tank seeking $125,000 for 10% equity. The sharks were impressed to learn that Perry had already scored $1 million in sales and that his product was already being sold by Sounds, an important retailer in the industry. In the end, he made a deal with Robert Herjavec, and managed to make around $1.5 million in just one year.
15. Buggy Beds
Veronica Periongo and Maria Curcio came up with an interesting solution for anyone struggling with bedbugs. Their company Buggy Beds, offers a glue trap that detects the presence of bed bugs. They walked into the Shark Tank hoping for a $125,000 in exchange for a 7% share in their company.
To their delight, all the sharks were impressed with their idea and wanted to get in on the deal. That’s exactly what happened, and they all jumped in with $250,000 in exchange for 25% equity. They have been thriving since, with a staggering $1.2 million in sales.