Flasky Flowers Shark Tank Update

Flasky flowers are a great combination of two things that actually go hand-in-hand in various events- a beverage holder as well as a bouquet holder. The flask’s top has a circular dry foam base for artificial flowers and a wet foam base for real flowers.

Flasky flowers are reusable holders. The flask’s top can be opened to keep drinks and, secretly, a cap with a flexible straw peeks out from the flowers. A single holder is sold for $19.99 and a pack of four costs $62.99.

Flasky Flowers at a Glance:-

Ideabouquet holders that double as an easy-to-fill flask
FoundersRyan and Kelly Moynihan
Asked For$50,000 for 10%
Accepted Deal$75,000 for 30%
SharksKevin O’Leary, Mark Cuban, and Lori Greiner
Business statusIn business
Episode No.Season 13, Episode 3
WebsiteFlasky Flowers

Index:

Who was the founder of Flasky Flowers?

Rayn and Kelly Moynihan are the founders of Flasky flowers. They came into this business to make weeding a little more bearable for brides and bridesmaids. Holding a flower in their hand is very annoying, as they can’t enjoy water or margarita in their hands.  Flasky flowers are the best and most accurate solution to this problem.

Did Flasky Flowers get a deal on Shark Tank?

Flasky Flowers came on the show in search of an investment of $50,000 in exchange for 10% of the company. Ryan and Kelly, founders of Flasky Flowers, came on the show with their two kids. They demonstrated and explained what services they actually provide.

After the demonstration, a few sharks found it a fun way of work, whereas Kevin O’Leary found it a crazy chicken idea. The duo shared that they had sold their house and had been for the last 3 years in Flasky Flowers.  

They had invested $60,000 of their own money and had income before their appearance on the show was $21,000. Lori Greiner gave a direct offer without any questions. She placed an offer of $50,000 in exchange for 20% of their company. Kevin immediately said he and Mark wanted to give an offer as Kevin was already into in the marriage business and Mark had made some silly investments in the past and earned lots of money from them.

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Mark asked Lori to join them and they gave the trio an offer of $75,000 for 30% of his company, which would be divided as an investment of $25,000 from each in exchange for 10% of the company. They took a moment and accepted the deal. Barbara Corcoran said she’d offer $50,000 for 5% of the company along with her two kids. Barbara was just making a fake and funny offer. They accepted the trio.

What happened to Flasky Flowers after the Shark Tank?

After the show, Flasky Flowers still sells and follows the D2C business model. They have raised the charges to $25 on a flask with zero flowers in it. Flasky flowers are going well in the market, but exact figures of sales they are enjoying are not found. However, the deal finalized on the show can’t show any sign of success. Flasky flowers have sold mostly through their own websites and Etsy shops. It cost them $1.75 production cost per unit, and they sold it for $25 for a single unit and $ 62.99 for 4 packs.

During the pitch, they asked for a valuation of $5000. They sold 21,000 units once the show aired. They are based in South Florida, United States. Flasky Flowers accepts the mode through PayPal, MasterCard, Visa Cards, and other specific online media. They just simply select their flowers, clip their stems, lay them in the foam sphere, pour their cup, replace the top and have a drink. This is how Flasky Flowers are used or work, which makes it completely unique and attr9active and generates revenue for the Flasky Flowers.

Competitors of Flasky Flowers

  • Interflora
  • Philips Flowers
  • Arnav Florist and others.

What is the net worth of Flasky Flowers?

At the time of Shark Tank’s appearance, Flasky Flowers has an estimated net worth of $250,000.

Is Flasky Flowers still in business?

As per 2021 reports, they are doing great in the market and are still in operation.

Flasky Flowers social links:

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FAQs:

What is Flasky Flowers?

Flasky flowers are a great combination of two things that actually go hand-in-hand in various events- a beverage holder as well as a bouquet holder. The flask’s top has a circular dry foam base for artificial flowers and a wet foam base for real flowers.

Who founded Flasky Flowers?

Rayn and Kelly Moynihan are the founders of Flasky flowers. They came into this business to make weeding a little more bearable for brides and bridesmaids. Holding a flower in their hand is very annoying, as they can’t enjoy water or margarita in their hands.

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