BootyQueen Apparel Shark Tank Net Worth 2023
BootyQueen Apparel is a line of fitness/workout apparel for ladies who “love to grow their booty.” Amanda and Steve Kuclo created the firm.
The couple appeared on Shark Tank in season 8, asking for $250,000 in exchange for a 20% stake in their firm. They received an offer from Daymond John for $250,000 in exchange for 33.3% of the business.
The company is still operating as of November 2021, with an expected yearly revenue of $3 million. BootyQueen Apparel has expanded its offerings to include yoga mats and fitness brands.
They also launched a line of limited-edition leggings named “Ideal.” In 2019, the Kuclos opened a retail store in Plano, Texas, which remains open today. The company enjoyed a “‘Shark Tank’ bump,” generating $375,000 over.
What is BootyQueen Apparel? Who Founded BootyQueen Apparel?
BootyQueen Apparel is a line of fitness/workout apparel for ladies who “love to grow their booty.” Amanda and Steve Kuclo created the firm.
In 2015, the Kuclos married and founded Bootyqueen Apparel. It’s a women’s sports apparel collection that pays respect to plentiful booties.
Amanda Kuclo and Steve Kuclo are the founders of BootyQueen Apparel.
While they sell tee shirts, sweaters, shorts, and more, the leggings and workout trousers are the true core of the business.
These are not yoga trousers for petite yoga enthusiasts; they are for women with large, healthy buttocks.
Leggings and crops are made of a moisture-wicking fabric.
They are described as “a high-quality, long-lasting workout/fashion legging.”
All of the trousers have additional support to avoid muffin top and to give the thighs and bottom a pleasant shape.
BootyQueen Apparel Shark Tank Pitch
According to the company’s website, the retail price for the product is between $83 and $90. The Kuclos plan to move beyond the bodybuilding industry and enter the mainstream market.
They asked the Sharks for a $250,000 investment in exchange for a 20% stake in their company, which implies a valuation of $1.25 million.
Amanda expressed excitement about the return of “butts,” which piqued Daymond’s interest. The Kuclos shared their story and products with the Sharks, and even distributed samples.
Robert believed that people used to exercise to make their buttocks smaller, but the Kuclos informed him that this was no longer the case.
Amanda gained the nickname “Booty Queen” due to her large following of almost 700,000 people on Instagram.
While the leggings enhance the appearance of the buttocks, they are not unique in any way – they are solely a part of Amanda’s brand. Sales amounted to $375,000 over an 18-month period, with each pair priced at $33 and retailing for $85.
Kevin stated that he avoided investing in the clothing industry due to its intense competition. Mark also declined to invest in the “huge booty” brand. Greiner admired the Kuclos’ personalities but felt that the brand needed further development before investment.
Robert withdrew from the deal, stating that they were investing in the Amanda brand rather than the clothing business.
When Daymond inquired about their need for funds, they mentioned recruiting and increasing inventory. Daymond made an offer of $250,000 for 33.3% of the company.
They countered with 25%, but Daymond declined. They then countered with 27.5%, and after a brief pause, Steve accepted the proposal. The deal with Daymond was sealed.
The company launched a new limited edition leggings collection named Ideal, which is made of a new, ultra-soft material.
In 2019, they opened a retail location in Plano, TX. The company is still in operation as of November 2021, with an expected annual revenue of $3 million.
BootyQueen Apparel Net Worth
Steve and Amanda approach the Sharks for $250,000 in exchange for a 20% stake in their firm.
This indicates a $1.25 million value. They accepted an offer from Daymond of $250,000 for 33.3% stake, thus bringing valuation to be $750,750.75.
BootyQueen Apparel Competitors
Unknown
BootyQueen Apparel FAQS
Where is the headquarters of Bootyqueen Apparel located?
Bootyqueen Apparel is headquartered at 5843 Coolwater CV in Dallas, Texas 75252-4901.
What industry does Bootyqueen Apparel operate in?
Bootyqueen Apparel is a company that is engaged in the business of Clothing Stores.
What is the phone number for Bootyqueen Apparel?
The telephone number for Bootyqueen Apparel is (469) 999-6985.
What is the website address for Bootyqueen Apparel?
The website for Bootyqueen Apparel is www.bootyqueenapparel.com.
Bootyqueen Apparel has how many employees?
Bootyqueen Apparel employs eight people.
Who is the primary principle of Bootyqueen Apparel?
Steve Kuclo is the primary proprietor of Bootyqueen Apparel.
What year did Bootyqueen Apparel begin operations?
In 2016, Bootyqueen Apparel was founded.
How much money does Bootyqueen Apparel make?
The company has an estimated annual revenues of $3 million.
What is cost price and selling price BootyQueen?
The cost price of one pair of leggings is $33. The selling price is $85.
Did BootyQueen Apparel secure an investment from the Sharks?
Yes. The company received an offer from Daymond of $250,000 in exchange for 33.3% of the business.
Which season of Shark Tank that featured BootyQueen Apparel?
BootyQueen Apparel was featured in episode season 8 episode 22, which first aired on April 21, 2017.
How do they make money?
The company makes money by retailing and selling leggings.
Is it a start up or established business?
BootyQueen Apparel is a start up company that has been operating since 2016.
How is BootyQueen Apparel rated?
BootyQueen Apparel has 2.0 stars.
What is the business model for BootyQueen Apparel?
Bootyqueen Apparel is a company that is engaged in the business of Clothing Stores.
What made them get into anti-cellulite leggings?
They had built a strong following on Instagram and wanted to capitalize on this by branching out into other products.
What to BootyQueen Apparel after the Shark Tank?
They expanded their range to include tees, yoga mats, and fitness bands.
They launched a retail location in Plano, TX in 2019. The company is still operating as of November 2021, with an expected yearly revenue of $3 million.
What are the weaknesses of BootyQueen Apparel?
The product is only available online, and it is too focused on the lifestyle aspect.
Who are the competitors of weaknesses of BootyQueen Apparel?
They have no direct competitor.
What are the strengths of BootyQueen Apparel?
They have a large following on Instagram and a unique product.
What exactly is BootyQueen Apparel?
BootyQueen Apparel is a company that is engaged in the business of Clothing Stores.
How are they different from their competitors?
They do not have any direct competitor.
What inspired BootyQueen Apparel to get into the anti-cellulite leggings business?
They had built a strong following on Instagram and wanted to capitalize on this by branching out into other products.
Have they patented any of their inventions?
No.
What is net worth of Amanda Kuclo?
Net Worth is $1 million
What is net worth of Steve Kuclo?
Net Worth is $ 2.5 million
