Press "Enter" to skip to content

His and Her Bar: Shark Tank Update

0

What if I say there is a healthy snack with a good taste, and nutritional value that also enhances your sexual life, it seems unbelievable, right? Not anymore!

His and Her Bar is introduced as a lifestyle snack that contains a nutritional value and also has a nice spicy taste in it. This bar helps to boost your sexual desires and provides healthy snack alternatives.

It is made up of 7 different kinds of food products that contain Maca, almonds, dates, cashews, chocolate, vanilla, and a pinch of cayenne peppers and nuts, and has a creamy texture with a spicy taste. They came up with zero fillers and are vegan, gluten-free, and non-GMO.

Its special item is Maca a kind of sweet root vegetable substance known as Peruvian Viagra that has been used for many years to improve sexual health and fitness of the body. Itā€™s easy and safe to be consumed by both men and women.

His and Her Bar at a glance:

EpisodeSeason-12, Episode-10.
Business IdeaLifestyle -Snacks-Bars
Founderā€™s DetailsJennifer and Michael.
Asked For$50,000 for 10% of equity.
Accepted DealNo Deal.
SharksNo Sharks.
Business StatusOut of Business.
WebsiteHis and Her
Buy on AmazonBuy Now!

Index:

Founder Story:

His and Her Bars was founded and developed by 2 young couples that are very entrusted with their sexual and fitness life.

They are Jennifer and Michael Gallagher. Michael was an ex-Navy man who served their country for several years after that they shifted to South Florida in, 2015 where they were appointed as a Firefighter but they feel tired and lack of proper desire. Therefore they researched to find the solution and they found their product.

Jennifer graduated from ā€œThe University of South Carolinaā€ and worked in corporate America for a few years in 2015, they left their job and Cashed their $401,000 to invest in this product.

Did ā€œHis and Her Barā€ get a deal on Shark Tank?

Jennifer and Michael introduced her product in ABCā€™s famous reality show Shark Tank in Season-12, Episode 10. They presented a musical and dancing presentation to Sharks and asked for help of $50,000 in exchange for 10% of her company.

See alsoĀ  Stella Vella Shark Tank Update

They give their samples (a piece of her bars) to all sharks to taste. Sharks found this spicy along with a creamy texture in it. They asked about the total calories that each bar contains, founders told that each bar contains 220 calories. That is huge calorie consumption. Also, they told about their special item Maca, which was used for many years to improve sexual health and fitness.

They told about their cost structure as each pack of 12 bars sold at $44.28 ($3.69 per bar) to customers or $39.995 for 12 on a minimum three-month subscription model that they provide to their customers. Also, they planned to introduce it to all retail stores throughout the country. Sharks found the product interesting but they donā€™t find any relevant business in it, therefore all sharks backed them and they donā€™t get any deal in the show.

What happened to ā€œHis and Her Barā€ after Shark Tank

After the show, it gains massive popularity and becomes a social media star. Although they are very disappointed with Shark Tank as they didnā€™t get any deal there, their social media community gives love and support and by that, they receive a huge hike in their sales.

After the show, they were disappointed but received a lot of love and support from their social media community. Additionally, they experienced a significant increase in sales, which took them several weeks to fulfill.

As of December 21, they are still in a business facing many challenges running the business, although their revenue is increased. They shut down their operations in February 2022 for unknown reasons.

Net Worth of His and Her Bar:

At the time of Shark Tankā€™s appearance the company was valued at $500,000 and currently they are out of business.

Did His and Her Bar is Still in Business?

No, as they donā€™t receive any relevant market for their product as sharks told them, they shut down their operations in February-22, for unknown reasons by giving short info on their Instagram handle.

Do Share Your Thoughts:

Do tell us all your thoughts in the comments section below, we look forward to reading all the comments below.

Also, do check our Startup Resources section, and donā€™t forget to join our weekly newsletterĀ šŸ“° which contains pure startup and business wisdom and no bullshit!!

Related Articles:

What is His and Her?

His and Her Bar is introduced as a lifestyle snack that contains nutritional values and also has a nice and spicy taste in it. This bar helps to boost up your sexual desires and provides healthy snacks alternatives.

Who founded His and Her?

His and Her Bars was founded and developed by 2 young couples that are very entrusted with their sexual and fitness life. They are Jennifer and Michael Gallagher.

Leave a Reply

You cannot copy content of this page