Philadelphia natives Jorrae and Kelly Beard entered the
Shark Tank Lulu Bang Update
- Entrepreneur: Jorrae and Kelly Beard
- Business: Barbeque and marinade sauces
- Ask: $150,000 for 10% equity
- Result: No Deal
- Shark: None
The enterprising sisters started their pitch to the sharks on the right note by giving the sharks a taste test. Quickly after giving out the samples to all the sharks, they couldn’t get enough of it. However, despite a successful taste test, as the Beard sisters talked more about how their business worked, the sharks quickly noticed a few areas of concern.
Kevin O’Leary, for example, pointed out that the business did not have an effective distribution technology. Although the sauce had $45,000 worth of sales and was in 170 Walmart stores, the sharks were ultimately unimpressed with the low sales numbers. Many of them agreed that it would be too difficult to sell the sauces online as well.
So, despite loving the sauce, both Kevin and Daymond John were the first to go out. Robert Herjavec soon followed suit, saying that he found the packaging quite confusing. Meanwhile, Lori Greiner didn’t think that the product was unique enough, so she backed out followed by Mark Cuban.
With no deal secured, you’d think that our Lulu Bang update would be short, but you’d be wrong. Despite failing to secure a deal on
In January 2017, the Beard sisters started a pop-up restaurant named Lulu Bang Burgers & Wangs at the Common Table in Philadelphia with signature dishes themed around the four sauces. However, as it turns out, the restaurant has since closed down.
But, Lulu Bang is still very much operational with their sauce manufacturing and select catering. Their sauces are still available in more than 100 Walmart locations, a handful of ShopRite stores, and the Lulu Bang website.
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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!