Thursday, 24 January 2013

Element Bars

Element Bars on Shark Tank - Update

Custom Energy Bars - Season 1 - Episode 6

Custom Energy Bars on Shark Tank
Jonathon Miller on Shark Tank Show
  The Element Bars are custom energy bar's that you design yourself online and have them sent your door. If your not into experimenting, the element bars also offer several pre-made energy bars that have already proven to be very successful in the market.

 If I could choose one former Shark Tank contestant to take with me and help with negotiations, Jonathon Miller would be high up on that list. In fact, during the show, Barbara Corcoran calls Jonathon a mini Shark for his negotiation skills. He went in asking $150k for 15% stake in his custom energy bar business valuating it at a whopping $2.25 million. The business was averaging 1000 custom energy bars per week at that time. The custom bars retail for $2.99 so approx. $12k/Month in sales. Obviously this valuation could be considered way out of line on the surface BUT Read More Here-->>>

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