The Longhairs | Shark Tank Update

In the heart of San Diego, California, a trailblazing company known as Longhairs has emerged as a game-changer in the world of men’s grooming. At the forefront of their innovative product line is a simple yet transformative item – a hair tie designed exclusively for men.

Longhairs has not only redefined the way men care for their long locks but has also pioneered a movement, becoming the go-to brand for masculine hair accessories.

Longhairs’ flagship product, the themed hair tie for guys, boasts a diverse range that caters specifically to the unique needs and styles of men with long hair. This San Diego-based company has captured the attention of the grooming industry as the trailblazer in crafting hair solutions tailored for the modern man.

Venturing beyond the realm of hair ties, Longhairs proudly extends its offerings to a spectrum of accessories, including head wraps.

These additions to their product lineup not only showcase their commitment to meeting the diverse needs of the masculine long-haired community but also position Longhairs as the ultimate destination for those seeking both style and functionality in their grooming routines.

Join us as we delve into the success story of Longhairs, exploring how this pioneering brand has not only created a market for men’s hair accessories but has become synonymous with revolutionizing the landscape of men’s haircare.

The Longhairs at a Glance:-

IdeaAccessories for men with long hair
FoundersLindsay Barto and Chris Healey
Asked For$95,000 for 10%
Accepted Deal$100,000 for 20%
SharksMark Cuban
Business statusIn Business
Episode No.SEASON 9 EPISODE 16
Buy on AmazonBuy Now!

Index:

Founder Story:

In 2018, Lindsay Barto and Christopher Healy founded The Longhairs. A market void prompted the founding of the Longhairs company.

Prior to starting their business, they already owned a digital marketing agency.
Healy and Barto, who both have long hair, think that men with longer hair represent a niche market.

Did The Longhairs get a deal on Shark Tank?

In Shark Tank Season 9, Episode 16, Lindsay Barto and Chris Healy made an appearance. They were looking for funding of $95,000 in exchange for 10% of their company, The Long Hairs, which provides products to men with long hair.

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The sharks were told by Lindsay Barto and Chris Healy that their business had made over $100,000 in its first two years of business. The Longhairs’ primary source of income is e-commerce, which includes both their own website and the Amazon marketplace.

They reached a deal with Mark Cuban: $100,000 in exchange for 20% equity. The entrepreneur had originally estimated that the valuation would be $950K, but it ended up at $500K.

What happened to The Longhairs after Shark Tank?

There is a significant enlargement visible on the main page. Guys with long hair can buy shampoo, conditioner, serum, brushes, caps, outfits, and other accessories in addition to the original hair tie product.

The blog maintained by Lindsay Barto and Chris Healy is still being updated with new entries every few days. The subjects cover everything from hairstyle advice to anecdotes of well-known athletes growing out their hair.

On its website, it states that 1% of sales go to Children With Hair Loss, an organization that provides young patients with free human hair substitutes. 339 pounds of hair were raised for the cause in 2019 thanks to their The Great Cut event.

Healy and Barto’s future looks bright.

What is the net worth of The Longhairs?

Since the information is not accessible to the general public, it is impossible to determine the Longhairs’ current net worth. Although at the time of Shark Tank, the founders valued their venture at $950,000 it was later dragged down to $500,000 by Sharks.

The Longhairs anticipate making about $500,000 a year in sales, which is five times more than they made on Shark Tank Season 9.

Is The Longhairs still in business?

The business was still operating as of September 2023, bringing in $550,000. Products can be purchased via online retailers such as their website and Amazon.com.

From their Shark Tank debut to their current prosperous company standing, they have proven that everything is achievable with the correct concept and execution. We’re looking forward to seeing The Longhairs continue to be successful in the future.

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FAQs:

What is The Longhairs?

The main offering from Longhairs was a hair tie for guys. A wide range of themed hair ties, targeted primarily at guys, are offered.

What's the net worth of The Longhairs?

Since the information is not accessible to the general public, it is impossible to determine the Longhairs’ current net worth. Although at the time of Shark Tank, the founders valued their venture at $950,000 it was later dragged down to $500,000 by Sharks.

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