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Browndages Bandages Shark Tank Update

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Ever been wounded and had that question asked how did you get hurt. Well, now it’s high time we blend in and heal one bandage at a time. Introducing Browndages. The bandage that heals every shade of brown and sends love with every bandage.

This company started off by a husband-and-wife team has shown a community spirit by introducing this product to the world. They do not only sell bandages but a whole lot more.

Browndages Bandages at a glance.

Business ideaLine of flesh-toned bandages
FounderIntisar Bashir and Rashid Mahdi
Asked for$75,000 for 7.5%
Accepted deal$100,000 for 25% + $75,000 credit line.
SharksLori Greiner, Daymond John, Mark Cuban  
Business statusIn business
EpisodeSeason 13 Episode 20
WebsiteBrowndages Bandages
Browndages Bandages

Index:

Founder Story:

Born into a family of entrepreneurial spirit. Intisar Bashir had all the knowledge of running a business. Intisar Bashir and Rashid Mahdi saw that the bandages worn by kids would stand out and they decided to create a product to not let the bandage stand out. They first focused their product on adults and created adult bandages.

Soon they created bandages for kids. The two of them started off by introducing images of princesses and superheroes on the bandages which were not that popular then they started printing images of kids being astronauts and scientists. This idea led to a large increase in sales and today many kids send their photos to be printed on the bandages. For this business to grow and the owners want their children to take care of the business for years to come. They believe that the business is not only selling products but is actually making people in the back community comfortable in their own skin.

Did Browndages Bandages get a deal on SharkTank?

The duo enters the SharkTank seeking an investment of $75,000 for 7.5%. Rashid shows a normal bandage and says it doesn’t match his skin. The bandage heals you and lets the world see you rather than the wound. The sharks look at the samples. Kevin and Daymond have questions as to why other companies cannot do the same.

The bandages are available in two packaging tins and paper boxes. The tins cost $1.20 to make and the paper boxes cost $0.63 cents to make. The sales for 2020 were $135,000. From November 2020 to now they have had $50,000 in sales. Rashid aims to spread the product to schools, daycares, and hospitals in the country. Robert thinks the business is too massive to scale, he’s out. Kevin wants to license it, he offers them $75,000 for 15%.

Lori wants to go in with Daymond and mark. The two gentlemen agree and say that they want to offer $100,000 for 30%. Rashid counters for 7.5%. Mark says they are ready to give $75,000 as a line of credit. Kevin alters his offer and says he will do $100,000 for 15%. Rashid again counters and says $100,000 for 25% and a line of credit. They all agree. Rashid and Intisar have a deal.              

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What happened to Browndages Bandages after Shark Tank?

The company has seen a huge need for distribution ever since it aired on shark tank. They have been asked to ship the product to Norway and Canada. They soon sold out on all the inventory which they thought would last a year. This happened because the actress of Black panther acted as an influencer for the company.

Through her post on Instagram, many people found out about the product, and this increased sales drastically. The duo managed the business very well with their knowledge of IT, they could scale the business and they want their kids to continue it. They soon realized that there was a need for new products so they introduced many product lines and today have 8 product lines in total.

Product details:

  • The company offers a wide range of products on its website.
  • The popular item on the website is bandages for any skin tone.
  • The products available are:
  • Books, pajamas, Browndages(bandages), hats and masks, First aid kits, Healing balm, Bundles.
  • They have been featured on these shows:
  • ABC News, Boyence, we buy black, Forbes, The Columbus dispatch.
  • They have their own anthem/ song about their product.
  • They are in 25 mom-and-pop stores. Products are available on their website.
  • The adult bandages cost $3.99 for 20 while the kids’ bandages cost $4.99 for 20 to sell and $0.63 cents to make.

Competitors of Browndages Bandages

The competitors of this firm are as follows:

  • Band-aid
  • Tru – color.

What is the net worth of Browndages Bandages?

At the time of the show, they were valued at around $400,000. There is no information about the current net worth of this firm.

Is Browndages Bandages still in business?

The firm is still in business and is selling online on their website and 25 stores but there is no proof as to the sales of today for this company from when they aired on shark tank.  The product platter for this company will increase as fast as it’s a success. The magic to heal and the movement that it fights for will reveal the act of kindness it is doing for the community.

Browndages Bandages Social Links:

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FAQs:

What is Browndages Bandages?

Browndages Bandages is a Line of flesh-toned bandages.

Who founded Browndages Bandages?

Born into a family of entrepreneurial spirit. Intisar Bashir had all the knowledge of running a business. Intisar Bashir and Rashid Mahdi saw that the bandages worn by kids would stand out and they decided to create a product to not let the bandage stand out. They first focused their product on adults and created adult bandages.

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