Ryan's Barkery sells fresh all natural canine dog treats, baked every morning and delivered to pet shops. They start at 5 AM to make sure they get the treats done.
So far, they have sold 200 bags of treats. They cost $.30 each to make and retail for $4.00 with 8 treats per bag. They tried selling at the Super Market and they found out it was better to take out any middle man and get them direct to the dogs.
The people buying at parks are continuing to call and buy more. He has his mother as an investor, with $200. He is paying back.
Robert said Mr. Cuban says if you want to do this, you have to quit school right now and do this full time!
Ryan's Barkery Episode Data
- Company: Ryan's Barkery –Website
- Entrepreneur: Ryan and Daniella Kelly
- Ask: $25,000 for 25% equity
- Episode Season 4 Episode 425
- Companies in this episode:
- First Aired: 05/17/2013
- Deal: Barbara Corcoran $25,000 for 25 equity
What do the Shark Tank Investors say about Ryan's Barkery?
- Mark Cuban – started selling garbage bags at age 12, and he feels that 11 years old is too young to be responsible for $25,000. He is out.
- Daymond John – warns Ryan before taking Barbara's money that it is a big responsibility.
- Kevin O'Leary – very few eleven year olds get on Shark Tank, that is impressive, but this is a hobby. If you really want to turn this into a business, you have a long road ahead of you. He is out.
- Barbara Corcoran – offers to invest in Ryan with the exact amount of money and equity he is asking for.
- Robert Herjavec – says when he was 11 years old he wasn't ready to start his own business. It is impressive to see your ambition. Robert Isn't ready to invest in Ryan's business today, but would like to see him come back with another business in the future. He is out.
Ryan's Barkery after Shark Tank
Ry's Ruffery, formerly Ryan's Barkery now has six figure sales, and continues to grow. His mother works Ry's Ruffery full time to manage the business.