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The world of pet treats just got a whole lot more exciting with the rise of Shark Tank dog treats. This innovative business has been making waves with its unique approach to canine cuisine.
Their products are made with wholesome ingredients and are free from artificial preservatives, colors, and flavors.
The founders of the company have been perfecting their recipes for years, and it shows in the quality of their treats.
These treats are not only delicious but also nutritious, making them a great option for pet owners who care about what their furry friends eat.
Ryan's Bakery
Ryan's Bakery is a great example of a small business that's making a big splash in the pet treat market. Ryan and his mom, Daniela, started the business and are seeking investment to take it to the next level.
Ryan's Bakery makes dog treats that cost less than 40 cents to produce, but sell for four bucks each. That's a healthy margin that can help the business grow quickly.
The Sharks on the show were impressed with Ryan's margins and saw potential for the business to expand into grocery and pet stores. However, Ryan's limited sales to date, at just $800, raised some concerns.
Ryan was willing to take a risk and invest $25,000 in exchange for 25% of the business. Barbara offered him the deal, but the other Sharks cautioned him against it.
Shark Tank
Shark Tank has featured several dog treat entrepreneurs over the years, each with their own unique story and product.
Wild Earth, a sustainable pet food company, appeared on Shark Tank seeking $550,000 in exchange for five percent of the company. Mark Cuban offered a deal of $550,000 for 10 percent, which the founder, Ryan Bethencourt, accepted.
Ryan's Barkery, a home-made dog treats business, was pitched by Ryan Kelly, the youngest entrepreneur on Shark Tank. He sought $25,000 for 25% equity to expand his business.
Zookies Cookies, a pre-mixed dog treat jar company, was founded by Justin Miller and Tom Simon in late 2017. They appeared on Shark Tank seeking $50,000 for 20% of their business, after doing $40,000 in sales in their first nine months.
The Sharks were impressed with Ryan's Barkery's high margins, selling treats for four bucks while making them for less than forty cents. Barbara Corcoran offered $25,000 for 25% equity, which Ryan eagerly accepted.
Here are the Shark Tank deals for dog treats:
Despite their early success, Ryan's Barkery faced challenges after Ryan's mother, Daniela, passed away in 2018, leading to the business eventually closing.
Article Highlights
Ryan Kelly, the youngest entrepreneur on Shark Tank, pitched his home-made dog treats business, Ryan's Barkery, seeking $25,000 for 25% equity. He was able to secure a deal with Barbara Corcoran, which led to significant growth and expansion into major retail stores like Target and Petsmart.
In just a short period of time, Zookies Cookies, a pre-mixed dog treat jar company, did $40,000 in sales in their first nine months. This impressive start-up growth is a testament to the potential of innovative dog treat businesses.
Ryan's Barkery faced challenges after Ryan's mother, Daniela, who played a crucial role in the company, passed away in 2018. Unfortunately, the business eventually closed as a result.
Here are some key statistics from the dog treat businesses featured on Shark Tank:
Zookies Cookies was founded by a team of experienced entrepreneurs, including Justin Miller, founder of WedPics and El Taco Cartel, and Tom Simon, founder of Source 3, which he sold to Facebook.
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