Little Burros After Net Worth
Little Burros is a company that appeared on Shark Tank and creates organizers for tools on the farm.
The net worth of Little Burros at the time of their pitch was valued at $2.5 million, but as of 2022, the founder Bob Thorsen and Mollie Thorsen have a net worth of $800,000 USD.
Two years after turning down Shark Tank deals, Little Burro is still in operation and conquering the retail scene.
What is Little Burros and Who is the founder of Little Burros?
Little Burros is a gardening accessory that can be attached to a wheelbarrow to provide extra storage for tools, beverages, and other items. The Original Little Burro and the smaller Burro Buddy were created by Bob Thorsen and his daughter Mollie Thorsen from Alexandria, Virginia.
Bob came up with the concept while helping his wife in the garden, and they worked with an industrial designer to create the product. The Original Little Burro quickly became successful, receiving multiple design awards.
The Original Little Burro is priced at $52.99, while the Burro Buddy costs $39.99. Both products are available for purchase on Amazon and in various home improvement retailers such as Home Depot, Lowes, and ACE Hardware.
In memory of their daughter Becca, who was an anti-human trafficking advocate and passed away, the Thorsens transferred all of Becca’s 10% stake in the company to the A21 organization, which is dedicated to eradicating human trafficking. The Thorsens took a step back from the business following Becca’s death.
Little Burros Shark Tank pitch
Bob and Mollie Thorsen, the father-daughter team behind Little Burros, pitched their gardening accessory brand on Shark Tank in episode 1121.
They were seeking a $250,000 investment for a 10% stake in their $2.5 million company. During the pitch, the Sharks raised some doubts, and ultimately, both Kevin and Lori’s offers were rejected, and no deal was made.
Despite not securing a deal, Little Burros continued to grow and expand their reach. They made their product available at retailers such as Sam’s Club, Home Depot, Tractor Supply Co., and Amazon, and experienced a significant increase in online sales during the Covid-19 lockdowns.
The company reported a fourfold increase in sales compared to the previous year in the month the Shark Tank episode aired. As of February 2022, Little Burros is still in business and generating $1 million in yearly sales.
Net Worth of Little Burros
The net worth of Little Burros at the time of their pitch on Shark Tank was valued at $2.5 million. However, as the company is still in operation, it’s likely that its current net worth is higher than what was stated during the pitch.
Competitors of Little Burros
The main competitor of Little Burros is Buckfast Wheel Barrow.
Little Burros Shark Tank Updates
Little Burros is a family-run gardening tool line that provides innovative solutions to everyday garden problems. The company was founded by Bob and Mollie Thorsen, who appeared on Shark Tank in 2020 to pitch their line of gardening accessories.
Their product, the Little Burro, is an attachment for a wheelbarrow that holds extra gardening tools, drinks, and anything else needed while gardening. The Thorsens were seeking $250,000 for 10% of their business, but they did not receive a deal from any of the Sharks.
Despite not receiving a deal, Little Burros has continued to grow and expand its product line. The company has reached the Amazon Best Seller list and is now available at retailers such as Walmart, Lowe’s, Home Depot, Ace, True Value, and Sam’s Club.
The Little Burro currently has a 3.8 out of 5 stars rating on Amazon with 29 reviews. The company also donates a portion of its sales to A21 to battle human trafficking in memory of Rebecca Thorsen, Bob’s daughter and Mollie’s sister, who passed away in 2018.
Little Burros has remained a small, two-person company, but it has big plans for the future. The company is set to launch in 1,200 Lowe’s stores in the fall of 2023.
The Thorsens have invested $1 million of their own money to get their product off the ground and have patented every aspect of the Little Burros tray with utility and design patents.
Summary Table: Little Burros Shark Tank
| COMPANY NAME | LITTLE BURROS |
| Founders | Bob Thorsen and Mollie Thorsen |
| Product | Organizers for tools on the farm |
| Products Offered | Original Little Burro, Burro Buddy |
| Price | Original Little Burro – $52.99, Burro Buddy – $39.99 |
| Availability | Amazon, Home Depot, Lowe’s, ACE Hardware, Sam’s Club, Tractor Supply Co. |
| Shark Tank Pitch | Appeared in episode 1121 seeking a $250,000 investment for a 10% stake in a $2.5 million company. No deal was made. |
| Net Worth | $2.5 million at the time of the Shark Tank pitch, current net worth unknown, but founders’ net worth is $800,000 USD. |
| Competitor | Buckfast Wheel Barrow |
| Updates | Little Burros is still in business and generating $1 million in yearly sales. The company plans to launch 1,200 Lowe’s stores in the fall of 2023.
The founders have invested $1 million of their own money to get their product off the ground and have patented every aspect of the Little Burros tray with utility and design patents. |
Little Burros FAQs
what is the story behind the creation of Little Burros?
Little Burros is a family-run gardening tool line that provides innovative solutions to everyday garden problems. The product was created by Bob Thorsen, who was inspired to create the Little Burro after a raking incident.
He wanted a way to hold his tools and drinks while gardening, so he created an attachment for a wheelbarrow that holds extra gardening tools, drinks, and just about anything else you’d need while gardening. When he showed the contraption to his kids, they encouraged him to turn it into a real product.
Bob and his family own a construction company, so they were no strangers to business. Together, the family enlisted the help of an industrial designer for Little Burros, and it quickly became a hit.
The original Little Burro provides the user with the maximum organization while completing the tasks at hand, all while fitting the four, five, six, and seven cubic-foot wheelbarrows.
The Burro Buddy holds long-handle tools, short-handle tools, and even drinks, with a water-resistant compartment for your cellphone, providing maximum organization while taking up minimal space on your wheelbarrow.
The products are available on Amazon and at many online and retail home improvements stores like Home Depot, Lowe’s, and Ace Hardware.
Who is the founder?
The Little Burros founder is Bob Thorsen who along with his two daughters Mollie and Claire started the company.
What Was The Outcome Of Little Burros’ Appearance On Shark Tank?
Little Burros appeared on Shark Tank in Season 11 and asked for $250,000 for 10% equity in their business, which produces an attachment for a wheelbarrow that holds extra gardening tools, drinks, and other items.
However, none of the sharks made a deal with them. Despite not receiving an investment from the sharks, Little Burros has been successful and is found in multiple retailers including Walmart, Amazon, Lowe’s, Home Depot, Ace, True Value, and Sam’s Club.
In 2018, the product reached the Amazon Best Seller list. The Thorsen family invested $1 million of their own money to get the product off the ground and every aspect of the Little Burros tray is patented with utility and design patents.
Did Little Burros Get A Deal On Shark Tank?
No, Little Burros did not get a deal on Shark Tank. The father-daughter team Bob and Mollie Thorsen pitched their wheelbarrow tray to hold drinks and tools in Season 11 and asked for $250,000 for 10% equity but did not receive a deal from any of the sharks.
However, the Thorsen family invested $1 million of their own money to get the product off the ground, and the Little Burro has since become a successful product. The company is found in multiple retailers including Walmart, Amazon, Lowe’s, Home Depot, Ace, True Value, Sam’s Club, and more.
They have also reached the Amazon Best Seller list in 2018. In 2022, it was reported that the company turned down royalty deals from Lori Greiner and Kevin O’Leary after pitching their gardening product, The Burro Buddy, on ABC’s Shark Tank in 2020.
What Happened To Little Burros After Its Appearance At The Shark Tank?
After appearing on Shark Tank, Little Burros did not receive a deal from any of the sharks. However, the Thorsen family invested $1 million of their own money to get the product off the ground, and the Little Burro has since become a successful product.
The company is found in multiple retailers including Walmart, Amazon, Lowe’s, Home Depot, Ace, True Value, Sam’s Club, and more. They have also reached the Amazon Best Seller list in 2018.
In 2020, Little Burros pitched their gardening product, The Burro Buddy, on Shark Tank and turned down royalty deals from Lori Greiner and Kevin O’Leary.
The company has continued to grow and expand, and in 2022, it was reported that Walmart and Lowe’s will be putting Little Burro on their shelves.
The Little Burros is a family-run, mission-driven, quality tool line that provides innovative solutions to everyday garden problems.
How much were they seeking on Shark Tank?
They were seeking for $250,000 for 10% stake in the company which was worth $2.5 million.
Is Little Burros still in business?
Yes, Little Burros still in business as of February 2022.
What is the price of a Little Burros?
The price for a Little Burros is $39.99 and for the Burro Buddy it is $19.99.
Where is Little Burros produced?
Little Burros is manufactured in the United States of America and assembled in the same facility that produces the Big Man Wheelbarrows.
What is the shipping cost of Little Burros?
The regular shipping cost of Little Burros is $20.
What is the return policy of Little Burros?
If customers are not satisfied with their Little Burros product, they may return it within 30 days of purchase.
What is the Little Burros Warranty?
Little Burros is covered under a limited lifetime warranty that covers all the frames and welds. The product will be replaced or repaired at the company’s discretion if defects are found to exist in workmanship and materials.
However, this is valid only when the product has been used as recommended.
What is Little Burros comprise of?
Little Burros consist of 1 Little Burros wheel barrow 3 large pockets; 2 medium size pockets; and 4 small pockets.
How to use Little Burros?
Little burro is very easy to use. All user need to do is just unfold it, place the wheel barrow where they want to use it, and the wheel barrow is ready.
They can put their wheel barrow on lawn or garden or wherever they want to work on it. Once they finish with their work, fold it again and place it somewhere else.
How do I pay for Little Burros?
There are 3 ways to pay: 1) Use Amazon Pay 2) Enter your card details on Amazon.com and click on “Place the order and pay later” 3) Use any credit/debit card.
How long will Little Burros take to be delivered?
The delivery of Little Burros depends on the shipping option that you choose. The product will be shipped within 24 hours of payment completion.
What is the net worth of Bob Thorsen?
The net worth of Bob Thorsen is not available.
