Lolla Cup on Shark Tank Show
Non Spill Cup For Kids - Season 3 - Update
If you have little kids then the lallacup is definitely one product you will be interested in learning about. The Lolla Cup is a 100% spill proof sippy cup that looks more like a toy. The creative design of the Lollacup makes it easy for children as young as 9 months old to start drinking out of a straw within the spill proof cup. Mark and Hanna Lim went on the Shark Tank Show looking for an investment of $100k in exchange for a 15% ownership of the baby cup business and valuing it at $1.5 million. At the time of their interview on the Shark Tank they had $30,000.00 in sales within the last 3 months and a soft order for an additional $30k for the Holiday Season. The Lollacups retail for $18.00, wholesale for $9.00 and costs $4.50 to make. The Lim's give a flawless presentation and have at least a few Sharks that are very interested.
Kevin O'Leary wants to know how much cheaper it would be to make oversees
Read More Here-->>>
No comments:
Post a Comment