My husband and I presented our plant-based milk machine to the sharks on Shark Tank, seeking investment for our growing business.
Product Overview
Hey there, I’m thrilled to share with you the amazing journey of creating the Nutter machine with my husband in Columbus, Ohio. Our innovative machine allows you to make plant-based milks at home quickly and effortlessly, bringing the goodness of almond milk, oat milk, and various flavored blends right to your kitchen.
| Category | Description |
|---|---|
| Names | Your name and your husband’s name |
| Location | Columbus, Ohio |
| Product | Nutter machine – A home plant-based milk maker |
| Pitch Offer | Seeking $500,000 for 5% equity |
| Sales Channel | E-commerce platform with influencer marketing |
| Pricing | $169 per unit, 73% profit margin |
| Sales (Last Year) | $793,000 |
| Sales (Projected) | $6 million |
| Funding | $1 million in soft commitments from angel investors |
| Shark Offer | $500,000 for 72% equity from Daniel (declined) |
| Vision | Expansion to coffee chains and households nationwide |
Our Nutter machine is a game-changer, offering a convenient way to enjoy fresh, homemade plant-based milks without any hassle. Whether you prefer the creamy texture of almond milk or the wholesome goodness of oat milk, our machine can craft it all for you.
What sets our product apart is not just its functionality but also its affordability. Priced at $169, the Nutter machine offers incredible value with a remarkable 73% profit margin. This means you not only get to enjoy delicious homemade milks but also do so at a cost-effective price point.
As entrepreneurs passionate about promoting healthy living and sustainability, we take pride in the variety of options the Nutter machine provides. From classic almond milk to innovative flavored blends, there’s something for every taste bud to savor.
Our success story is a testament to the growing demand for plant-based alternatives and the convenience of making them at home. With most of our sales happening through our website, we’ve leveraged influencer marketing to drive growth and reach a wider audience.
Last year was a defining moment for us, as we raked in $793,000 in revenue. This year, we’re poised to reach new heights with a projected $6 million in sales. Securing $1 million from angel investors has further fueled our vision of expansion and innovation.
Despite some challenges, such as valuation concerns and uncertainties around liquidity, we remain steadfast in our mission. When faced with an enticing offer of $500,000 for 72% equity, I stood my ground, confident in our ability to elevate the business to a billion-dollar enterprise.
Sales and Growth
Hey there! I’m excited to share with you the journey of how my husband and I, based in Columbus, Ohio, created a revolutionary Nutter machine that allows you to make plant-based milks at home quickly and easily. It’s been quite a ride, so let me walk you through our sales and growth story.
Our current funding goal stands at $500,000 in exchange for 5% equity in our business. During our pitch to the sharks, they had the opportunity to taste our almond milk, oat milk, and a variety of flavored blends – all crafted using our innovative Nutter machine. With each unit priced at $169, boasting an impressive 73% profit margin, our products have been gaining traction in the market.
When it comes to sales, our primary channel has been our website, where we leverage influencer marketing to drive growth. This strategy has proven effective, leading to significant success in the past year. In the previous fiscal year, we achieved total sales of $793,000. However, the real excitement lies in the projections for this year, as we are on track to reach a whopping $6 million in revenue.
One of the significant milestones in our journey has been securing $1 million in soft commitments from angel investors. This financial backing not only validates our business model but also provides us with the necessary resources to fuel our expansion plans.
Despite the positive reception and growth prospects, the sharks expressed concerns over our ambitious valuation and questioned the clarity of our path to liquidity. In a bold move, Daniel offered $500,000 in exchange for a significant 72% equity stake. However, I respectfully declined the offer, maintaining confidence in our ability to steer the company towards becoming a billion-dollar enterprise.
Our vision extends beyond just the Nutter machine – we aim to penetrate coffee chains and households across America, transforming the way people perceive and consume plant-based milks. With our proven track record and unwavering determination, we are poised to redefine the industry landscape and establish ourselves as a key player in the market.
Thank you for joining me on this exhilarating journey of sales and growth. Stay tuned for more updates as we strive to turn our dreams into reality!
Shark Tank Pitch
Let me share with you the incredible journey my husband and I embarked on from Columbus, Ohio. Together, we have developed a revolutionary Nutter machine that allows individuals to create their own plant-based milks quickly and effortlessly in the comfort of their homes. Our passion for healthy living and sustainability has been the driving force behind this innovative product.
As we stood before the esteemed panel of Sharks in the Tank, we came prepared to seek $500,000 for a modest 5% equity stake in our business. The Sharks were intrigued as they sampled our various offerings – almond milk, oat milk, and our delightful flavored blends, all crafted using the Nutter machine. Priced at $169 each, our products boast an impressive 73% profit margin, making them not only nutritious but also lucrative.
Our primary sales channel has been through our e-commerce platform, with influencer marketing playing a pivotal role in accelerating our growth. With last year’s revenue reaching $793,000 and this year’s projections soaring to $6 million, the Sharks couldn’t deny the potential of our venture. Excitement filled the room as we revealed that we had secured a soft commitment of $1 million from angel investors, further validating the market interest in our product.
However, as the Sharks deliberated, their enthusiasm was met with reservations. The high valuation of our company coupled with uncertainties about our path to liquidity gave them pause. Despite the hurdles presented, we remained steadfast in our vision for the future.
It was in this moment that Daniel, one of the Sharks, saw an opportunity to invest. He extended an offer of $500,000 for a substantial 72% equity share in our company. While the offer was generous, I knew deep down that we had the potential to transform our business into a billion-dollar enterprise. Our aspirations reached beyond the Tank; we envisioned our products gracing coffee chains and homes across America, becoming a staple in households nationwide.
With unwavering conviction and a steadfast belief in our mission, I graciously declined Daniel’s offer, knowing that our journey was far from over. The Tank may be just one stop on our path to success, but it is a testament to the resilience and innovation that defines our entrepreneurial spirit. The future is bright, and we are determined to carve our own path, one glass of plant-based milk at a time.
Future Plans
Hey there! As you may already know, my husband and I have been working on our Nutter machine, a game-changer in the world of plant-based milks. Our journey from Columbus, Ohio to the Shark Tank has been nothing short of amazing.
When we stepped into the tank seeking $500,000 for 5% equity, we were greeted with curiosity and skepticism. The sharks got a taste of our delicious almond milk, oat milk, and flavorful blends, all crafted effortlessly by our Nutter machine. Priced at $169 each with an incredible 73% profit margin, our products have been gaining traction, especially through our website and influencer marketing strategies.
Last year, our sales reached an impressive $793,000, and this year, we are projected to hit $6 million. With a soft-circle of $1 million from angel investors, we are on the brink of something big.
Despite some concerns from the sharks regarding our valuation and exit strategy, I remained steadfast in my vision. Daniel’s offer of $500,000 for 72% equity was tempting, but I had bigger dreams in mind.
What is the Nutter machine?
The Nutter machine is an innovative device that allows you to make your own plant-based milks at home quickly and easily.
What types of milk can I make with the Nutter machine?
You can make a variety of plant-based milks, including almond milk, oat milk, and flavorful blends.
What is the price of the Nutter machine?
The Nutter machine is priced at $169, offering incredible value with a remarkable 73% profit margin.
Where can I purchase the Nutter machine?
You can purchase the Nutter machine on our website, where we offer convenient online shopping and secure payment options.
How do I use the Nutter machine?
Using the Nutter machine is simple and effortless. Just follow the instructions provided with the machine, and you’ll be enjoying homemade plant-based milk in no time.
