Barbara Corcoran, the renowned TV personality and investor from ABC’s Shark Tank, has built an impressive portfolio of businesses and investments throughout her career. With her sharp business acumen, she has made strategic moves in various industries, leaving her mark as a successful entrepreneur. In this article, we will explore some of the companies that Barbara Corcoran owns and has invested in, showcasing her expertise and diverse business ventures.
- Barbara Corcoran is a well-known TV personality and investor from Shark Tank.
- She has built a diverse portfolio of businesses through strategic investments.
- Some of the companies she owns and has invested in include Cousins Maine Lobster, Pork Barrel BBQ, Hire Santa, The Doughbar, Grace and Lace, and Nardo’s Naturals.
- Her investments have yielded significant returns, with these companies experiencing impressive growth and success.
- Barbara Corcoran’s business ventures showcase her entrepreneurial spirit and ability to identify unique opportunities.
Cousins Maine Lobster: A Seafood Sensation
One of Barbara Corcoran’s notable investments from Shark Tank is Cousins Maine Lobster, a thriving international food franchise that has taken the seafood industry by storm. Founded by cousins Jim Tselikis and Sabin Lomac in 2012, the company brings the authentic Maine lobster shack experience to neighborhoods through food trucks and brick and mortar restaurants.
Barbara Corcoran recognized the potential in Cousins Maine Lobster and made a smart investment of $55,000 for a 15% equity stake in the company. With her guidance and expertise, Cousins Maine Lobster has seen tremendous growth and success. Not only has the company increased its annual sales to nearly $30 million, but it has also gained significant media exposure by appearing on national television shows and receiving positive reviews from food critics.
Table: Success Metrics of Cousins Maine Lobster
|Key Success Metrics
|Nearly $30 million
|Featured on national television shows
|Acclaimed by food critics
Cousins Maine Lobster’s success can be attributed to its high-quality and delicious seafood offerings, as well as its innovative approach to bringing the Maine lobster experience to different locations. With Barbara Corcoran’s investment and support, the company has solidified its position as a leader in the seafood industry, delighting customers with their mouthwatering lobster rolls, lobster tails, and other seafood specialties.
Pork Barrel BBQ: Spicing Up the Barbecue Market
Barbara Corcoran, a renowned businesswoman and investor on ABC’s Shark Tank, recognized the potential in Pork Barrel BBQ, a company specializing in small-batch craft BBQ spice seasonings, rubs, sauces, and more. Corcoran made a strategic investment of $50,000, acquiring a 50% equity stake in the business.
Since Barbara Corcoran’s investment, Pork Barrel BBQ has experienced substantial growth and success in the barbecue market. The company has generated an impressive $4 million in annual revenue, establishing itself as a recognized brand in the industry. Their dedication to creating high-quality products and unique flavor profiles has garnered a loyal customer base.
Pork Barrel BBQ’s commitment to innovation and customer satisfaction has fueled their growth and expansion. They have introduced new products and expanded their distribution channels, reaching a wider consumer base. The company’s success can be attributed to their ability to capture the essence of traditional barbecue flavors while infusing their products with a modern twist.
Pork Barrel BBQ’s Signature Products
|Barbecue Spice Seasonings
|A blend of savory spices that add depth and complexity to any barbecue dish.
|Smoky Barbecue Sauces
|Rich and tangy sauces that enhance the flavor of grilled meats and vegetables.
|Sweet and Spicy Rubs
|A perfect balance of sweetness and heat to elevate the taste of meats and poultry.
Pork Barrel BBQ’s dedication to delivering exceptional flavor experiences has solidified their position as a leading player in the barbecue market. With Barbara Corcoran’s investment and guidance, the company continues to innovate and captivate barbecue enthusiasts nationwide.
Hire Santa: Bringing the Holiday Spirit
Barbara Corcoran’s investment in Hire Santa showcases her keen ability to identify unique business opportunities. Hire Santa is a service that allows people to hire authentic-looking Santas for events and engagements, bringing the holiday spirit to life. Recognizing the demand for quality Santas during the festive season, Corcoran invested $200,000 for a 50% equity stake in the company, with additional terms stating that she would be repaid before taking a 10% equity share.
Since its appearance on Shark Tank, Hire Santa has experienced tremendous success. The company quickly gained traction, reporting $1.4 million in sales and securing a partnership with the renowned retailer Bloomingdale’s in New York City. With Corcoran’s guidance and expertise, Hire Santa has continued to expand its services and build a reputation as a leading provider of professional Santas.
Table: Hire Santa Sales and Expansion
|Expanded to five major cities
|Established nationwide presence
|Secured partnership with Bloomingdale’s
|Expanded to international markets
The success of Hire Santa can be attributed to its unique business model and the growing demand for authentic holiday experiences. With Barbara Corcoran’s investment and strategic guidance, Hire Santa has solidified its position in the market and continues to bring joy and delight to people of all ages during the holiday season.
The Doughbar: Donuts without the Guilt
One of Barbara Corcoran’s successful investments on Shark Tank is The Doughbar, a company that offers guilt-free doughnut-flavored protein bars. Corcoran saw the potential in this unique concept and invested $300,000 for a 20% equity stake in the business. The Doughbar has quickly gained popularity, providing a tasty treat for health-conscious consumers looking for a satisfying alternative to traditional doughnuts.
With its innovative approach to combining the flavors of doughnuts and protein bars, The Doughbar has tapped into a niche market. These doughnut-inspired protein bars offer the indulgent taste that people love, without the guilt associated with traditional fried doughnuts. The company has seen incredible growth since Corcoran’s investment, with retail sales reaching approximately $2 million annually.
By targeting health-conscious consumers who still crave the taste of doughnuts, The Doughbar has positioned itself as a tasty and nutritious option. With a variety of flavors to choose from, including glazed, chocolate, and cinnamon sugar, customers can enjoy the experience of eating a doughnut while fueling their bodies with protein. The success of The Doughbar demonstrates the demand for innovative and healthier alternatives in the snack industry.
Table: The Doughbar’s Flavor Options
|A classic doughnut flavor with a sweet glaze on top.
|A rich and decadent flavor for chocolate lovers.
|A delightful blend of cinnamon and sugar, reminiscent of a cinnamon sugar doughnut.
The Doughbar’s success highlights the importance of catering to niche markets and providing innovative solutions that meet consumers’ evolving preferences. Barbara Corcoran’s investment in this unique business has not only brought financial success but also provided health-conscious individuals with a guilt-free way to satisfy their doughnut cravings.
Grace and Lace: Fashion with a Purpose
One of Barbara Corcoran’s notable investments on Shark Tank is in Grace and Lace, a fashion company that combines style with a purpose. With a $175,000 investment for a 10% equity stake, Corcoran recognized the potential of the business and provided half of the investment as a line of credit.
Within just 5 days of appearing on Shark Tank, Grace and Lace generated an impressive $1 million in sales, showcasing the market’s enthusiasm for their products. The company has since gone on to achieve substantial growth, generating approximately $5 million in annual revenue.
In addition to its financial success, Grace and Lace is also committed to making a positive impact on the world. The company actively contributes to building orphanages in India, aligning its mission with social responsibility and giving back to society.
Grace and Lace: Key Highlights
Here are some key highlights of Grace and Lace’s success after Barbara Corcoran’s investment:
|Sales Generated on Shark Tank
|Contributing to building orphanages in India
Grace and Lace’s success story serves as an inspiring example of how a fashion company can thrive when combining style with a purpose. Barbara Corcoran’s investment and guidance have undoubtedly played a crucial role in the continued growth and success of the business.
Nardo’s Naturals: Skincare with a Sustainable Twist
When it comes to skincare, I am always on the lookout for innovative brands that prioritize sustainability and cruelty-free practices. That’s why I was thrilled when Barbara Corcoran decided to invest in Nardo’s Naturals on Shark Tank. This company has truly made a name for itself in the beauty industry with its botanically-based skincare products.
Barbara Corcoran saw the potential in Nardo’s Naturals and made a smart investment of $75,000 for a 50% equity stake in the business. This partnership has proven to be a success, as Nardo’s Naturals has experienced impressive growth since appearing on Shark Tank. The company’s annual revenues now reach $5 million, a testament to the effectiveness and popularity of its skincare line.
What sets Nardo’s Naturals apart is its commitment to sustainability and cruelty-free practices. They prioritize using natural, plant-based ingredients and avoid harmful chemicals commonly found in other skincare products. Not only does this benefit the environment, but it also ensures that customers can feel good about the products they are using on their skin.
With Nardo’s Naturals, you can enjoy high-quality skincare that is both effective and ethically produced. From moisturizers to serums, their product range covers all your skincare needs. Thanks to Barbara Corcoran’s investment, this brand has been able to reach a wider audience and make a lasting impact in the beauty industry.
What companies does Barbara from Shark Tank own?
Barbara Corcoran owns or has invested in various companies, including Cousins Maine Lobster, Pork Barrel BBQ, Hire Santa, The Doughbar, Grace and Lace, and Nardo’s Naturals.
How much did Barbara Corcoran invest in Cousins Maine Lobster?
Barbara Corcoran invested $55,000 for a 15% equity stake in Cousins Maine Lobster.
How much revenue does Cousins Maine Lobster generate?
Cousins Maine Lobster has increased its annual sales to nearly $30 million.
What is Barbara Corcoran’s investment in Pork Barrel BBQ?
Barbara Corcoran invested $50,000 for a 50% equity stake in Pork Barrel BBQ.
How much revenue does Pork Barrel BBQ generate?
Pork Barrel BBQ generates $4 million in annual revenue.
What is Barbara Corcoran’s investment in Hire Santa?
Barbara Corcoran invested $200,000 for a 50% equity stake in Hire Santa, with additional terms stating that she would be repaid before taking a 10% equity share.
How much sales does Hire Santa report?
Hire Santa reports $1.4 million in sales.
What is Barbara Corcoran’s investment in The Doughbar?
Barbara Corcoran invested $300,000 for a 20% equity stake in The Doughbar.
What is the annual retail sales of The Doughbar?
The Doughbar has grown its retail sales to approximately $2 million annually.
What is Barbara Corcoran’s investment in Grace and Lace?
Barbara Corcoran invested $175,000 for a 10% equity stake in Grace and Lace, providing half of the investment as a line of credit.
How much sales did Grace and Lace generate within 5 days of appearing on Shark Tank?
Within 5 days of appearing on Shark Tank, Grace and Lace generated $1 million in sales.
What is the annual revenue of Grace and Lace?
Grace and Lace generates approximately $5 million in annual revenue.
What is Barbara Corcoran’s investment in Nardo’s Naturals?
Barbara Corcoran invested $75,000 for a 50% equity stake in Nardo’s Naturals.
How much revenue does Nardo’s Naturals generate?
Nardo’s Naturals experiences impressive growth, with annual revenues reaching $5 million.