Sugardoh

Hair removal product

SugardohNo DealFashion & BeautyWebsiteAustin, TXby Aliyah MarandizS16E3

Pitch Details

Season / Episode

S16E3

Nov 1, 2024

Ask

$500,000

for 5%

Ask Valuation

$10M

Watch the Pitch

What Happened Next

Operating
  • No deal on Shark Tank Season 16 — all five sharks declined
  • Revenue: $50K (2020), $2.6M (2021), $5.6M (2022)
  • Expanded to 300 Ulta Beauty stores by end of 2022; 1,300 stores nationwide by 2023
  • Negative 77% margin at time of pitch; $1.5M debt at 22% interest

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