Boobie Bar Shark Tank Net Worth
Boobie Bar was valued at around $750,000 before appearing on Shark Tank. After appearing on the show, Daymond John invested $150,000 for 20% equity, bringing the business valuation to an estimated $1 million
What is Boobie Bar and Who is the Founder of the Boobie Bar?
Boobie Bar is a snack bar specially made for nursing mothers to enhance their milk production. It contains a daily dosage of herbs such as turmeric, moringa, and Shatavari and is available in various flavors like peanut butter, blueberry coconut, and oatmeal chocolate chip.
Boobie Bars are gluten-free, vegan, dairy-free, non-GMO, and kosher.
The founder of Boobie Bar is Wendy Colson, who previously worked as a licensed neonatal nurse and lactation expert. During her career, she observed that nursing mothers often struggled with milk production.
As a result, Wendy began experimenting with superfoods in her kitchen in 2011 to help these women produce more milk naturally, without relying on medication or excessive tea consumption.
Initially, Wendy’s clients were her patients and moms in a nursing support group who provided feedback on the bars. Encouraged by the positive response, Wendy invested $50,000 from her parents’ inheritance money into Boobie Bar, which officially launched in 2014.
The product quickly gained popularity, and Wendy received orders from numerous nursing mothers. Boobie Bar products were eventually sold at Walmart and other retailers.
Boobie Bar Shark Tank Pitch
Wendy pitched her company, Boobie Bar, on Shark Tank Season 9 Episode 17, aiming to secure a $150,000 investment for a 10% stake, valuing her company at $1.5 million. Although Mark initially declined to invest, Wendy shared her story and product, leading to questions from the Sharks.
When Sarah asked what would happen if a man ate one of the samples, Wendy joked about inducing lactation in men. Mark and Kevin expressed skepticism about the health claims behind the recipe, as Wendy had not conducted any clinical testing, but Wendy cited centuries of mothers using herbs for breastfeeding and her own personal experience.
She shared that the women in her research saw their milk supply increase to an average of 4.6 ounces, up from 1.5 ounces.
Lori and Mark both declined to invest, citing concerns about health claims and lack of clinical testing. However, Daymond and Kevin offered $150,000 for a 20% stake, with Wendy ultimately choosing Daymond’s offer due to his experience as a father.
Since appearing on Shark Tank, Wendy has expanded her product line to include Boobie Bark, Boobie Body, Hydro Mom, and Boobie Bears.
Although new competitors have entered the lactation snack market, Wendy’s innovative products have allowed her to generate an estimated $2 million in annual revenue as of June 2021. Boobie Bars are available at major retailers such as Walmart, Target, and Amazon, as well as their online store.
Boobie Bar Net Worth
Wendy appears on Shark Tank Season 9 Episode 17 in search of $150,000 for a 10% stake in her firm. This translates to a $1.5 million valuation. She accepted an offer from Daymond of $150,000 for 20% stake which brings valuation to be $750,000.
Boobie Bar Competitors
Boobie Bar faces competitions in its market place, this includes; Boon Boons and Nourisher.
Boobie Bar FAQS
What is Boobie Bar?
Boobie Bar is a snack bar created specifically for breast-feeding mothers. One Boobie Bar gives a daily dosage of herbs (turmeric, moringa, shatavari) to assist parents enhance their milk production and is available in numerous flavours including oatmeal chocolate chip, peanut butter, and blueberry coconut.
Who is the founder of Boobie Bar?
Wendy Colson developed the Boobie Brands Company, which produces the Boobie Bar.
How much was she seeking in the Shark Tank?
Wendy appeared on Season 9 of Shark Tank seeking $150,000 for 10% of her firm in exchange for a $1.5 million valuation.
Did she get the deal from the Shark?
Wendy accepted an offer from Daymond worth $150,000 for 20% of her company which halved to valuation to $750,000.
Is Boobie Bar still in business?
Yes, she has a $2 million yearly income as of June 2021.
How does Boobie Bar Work?
Boobie Bar works as a lactation aid. For example, the ingredients in the oatmeal, chocolate chip flavour include oat flour and whole oat groats.
What components are in Boobie bars?
whole grain oats, tapioca syrup, coconut oil, chocolate chips (cane sugar, chocolate liquor, cocoa butter, sunflower lecithin, vanilla, salt), date paste, proprietary superfood blend (organic moringa leaf, organic shatavari root, spice, organic turmeric), rice flour, oat flour, coconut flour, flaxseed meal
Does Boobie bar have fenugreek?
Board Certified Lactation Consultant – All Boobie products are designed by Nurse Wendy, the company’s founder and International Board Certified Lactation Consultant. Gluten-free, vegan, soy-free, kosher, dairy-free, and fenugreek-free
How often should they eat Boobie bars?
2 servings each day is recommended. This might be a mix of Bikkies and/or Brekkie.
Most women consume one or two Boobie Bikkies each day, while some consume more, and some consume one serving of Bikkie/Brekkie just on busy days.
Are Boobie bars soy free?
Boobie Brands’ contents have been changed to be gluten and soy free, but each bar still contains the same galactagogues that help maintain a healthy milk production.
How long does it take for a Boobie bar to work?
According to the package, they should experience effects after eating one bar every day for 3-5 days.
Where can they buy boobies?
Boobie BAR and Boobie BODY are available at almost 2,000 retailers, including buybuy Baby, Target, and select Walmart locations.
Can they eat Boobie bar while pregnant?
Boobie creates superfoods for supermoms at every stage of parenthood.
This covers women who are pregnant, nursing, or raising a family.
Boobie provides a selection of simple, on-the-go options designed just for parents, such as bars, candies, shakes, oats, and drink mixes.
Do granola bars help milk supply?
While the oatmeal in breastfeeding granola bars helps to increase milk production, flaxseed helps to guarantee that the milk their infant receives is of the highest quality.
What is the net worth Wendy Colson?
Wendy Colson’s net worth is unavailable.
