Sunflow Beach Chairs A premium Beach Chairs brand appeared in Shark Tank Season 13 Episode 16. This chair is able to make people feel comfortable on the beach. The founder of Sunflow has demanded $1,000,000 in exchange for 6% equity in his company in Shark Tank.
There are many people who like to go to the “beach” so that they can get a good feeling and they can enjoy their life. People go to the “beach” and enjoy the sight of sitting in the vehicle and watching the children play.
Most of the beach chairs are not that comfortable so it spoils the experience. “Sunflow Beach Chairs” solves this problem by increasing the experience immensely.
What Is Sunflow Beach Chairs?
Sunflow Beach Chairs startup was started in Jan 2018. This is a portable hair, you can take it “Beach” to give a good feel. It also comes with beach chairs, an umbrella, towels, and other assorted necessities.
It has been made in such a way that it can give comfort to the people. So this product has been made keeping in view the facts of many things. A detachable, easy-to-carry, Reclines feature has been used in this.
|Company Name||Sunflow, Inc.|
|Founder||Leslie Hsu and Greg Besner|
|Product||The beach brand designing products|
|Asked For||$1M for 6% Equity|
|Final Deal||$1N for a 5% stake royalty of $5 per chair sold until $M is paid|
|Episode (Shark Tank USA)||S13 E16|
|Air Date||Mar 18, 2022|
|Business Status||In Business|
|Headquarters||Short Hills, New Jersey, United States|
|Lifetime Worth (Sales)||$7M *estimated|
|Go To Amazon||Buy Now|
|Watch On||Amazon Prime|
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Who Is The Founder Of Sunflow?
The founders of Sunflow are Leslie Hsu & Greg Besner, both of whom had grown their startups. Founder and CEO Leslie Hsu is a successful handbag designer. She likes to go to the “beach” with her husband Greg Besner and her family.
So one day she was uncomfortable, she was not happy with the “beach” chair. Keeping this in view, she designed the Comfortable and Beautiful Beach Chair.
Leslie comes from a startup background and is currently running his 3 startups @LesliesFinds, PUNCHCASE By Leslie Hsu, Sunflow, Inc.
Sunflow Chair Before Shark Tank
Sunflow had very good success even before Shark Tank, they are running startups very well. Many people buy the Sunflow chair brand chair so that they can get a good and comfortable and enjoy the view of the beach.
Its founder has very good knowledge of business and she understands the business very well.
How Was The Shark Tank Pitch Of Sunflow?
The founder of Sunflow had already impressed Shark with his pitch style, however, Shark was thinking too much to invest in this business.
The founder offered Shark to invest $1,000,000 in his company and in return, he would get a 6% share of the company.
Kevin O’Leary showed interest in this startup and he invested $1 million in it but a 5% stake royalty of $5 per chair sold till $1 million is paid
What Happened To Sunflow Chair After Shark Tank?
After the Sunflow chair went to Shark Tank, it was marketed on national television for free, there are many people who know about this product.
Shark Tank had a very positive effect on this brand, many people wanted to try this product, so they started ordering it too. Their sales increased by 4x compared to last year’s sales.
In recent times, this company has launched many new products to expand the different categories, this includes The Towel, Wine Tumbler, Sunnies Case, Dry bag, Bikini Bag and many more.
Sunflow Shark Tank Update
After entering the Shark Tank, Leslie and Greg gave a great presentation and convinced the sharks to invest. Kevin invested in this business by making a royalty deal.
According to some reports, this company has raised $3.5 million from other investors till November 2022. This chair is very expensive many people say. This beach chair is currently available on Amazon, if you want to buy then you can buy.
Where Can You Buy Sunflow?
You have one option to buy the chair product of this brand Sunflow, you can buy this product through their official website. The One Chair comes with a price tag of $198 and includes a variety of colors. Below we have given its buy link, you can buy it.
What Is The Sunflow Net Worth?
Its Company’s current valuation is currently $16 million. If its popularity increases and people buy it again and again, then its growth can be even more in the coming time. If we estimate, then its growth can be $8 million in the coming time.
Is Sunflow Still In Business?
From 2018 till now it is going very well. It’s been more than 4 years. She had to face a lot of trouble during the time of the Covid Pandemic of 2020. She had a big challenge in front of him on how to grow her business.
During the time of the Pandemic, there was Lockdown, due to which their sales also reduced a lot, although now she is slowly scaling up.
The headquarter of this company is in Short Hills, New Jersey, United States and total 1-10 employees are working in it.
Yes, Sunflow is still in business as of December 2022.