Bouqs Company Net Worth 2023 Update (Before & After Shark Tank)
Bouqs Company, flower Delivery Service, was started by John Tabis and Juan Pablo Montúfar in November 2012. As of August 2023, Bouqs Company net worth is $10 million. And they’re pulling in a whopping $5.4 million in annual revenue.
In 2014 they appeared on season 5 of Shark Tank USA seeking $258,000 for 3% of equity valuing the company at $8.6 million. Due to several reasons all sharks dropped the company. Barbara dislikes the name of the company. Robert was unsatisfied with the high valuation. The other two were skeptical about this business concept.
In August 2023, Bouqs Company is still in business. Now Bouqs, generates about $5 million in annual revenue with a great profit. If you are interested in their flower delivery service, simply visit their official website.
Bouqs Company Net Worth
Net worth | $10 million |
Annual Sales Revenue | $5.4 million |
Lifetime sales | N/A |
Shark Tank Investor | None |
Founder | John Tabis and Juan Pablo Montúfar |
Employees | 84 employees |
Bouqs Company Net Worth Timeline
Net Worth 2023 | $10 Million |
Net Worth 2022 | $10 Million |
Net worth valuation 2014 after appearing on Shark Tank | $8.6 Million |
Net worth valuation 2014 before appearing on Shark Tank | $8.6 Million |
Bouqs Company Pitch on Shark Tank
Company name | Bouqs Company |
Product | Flower Delivery Service |
Episode | Season 05 Episode 27 |
Founders | John Tabis and Juan Pablo Montúfar |
Asked for | $258,000 for 3% Equity |
Final deal | None |
Shark | No |
Location | California, United States |
Bouqs Company Founders
Bouqs Company was founded by John Tabis and Juan Pablo Montúfar in 2012. John Tabis is the chairman and founder of the company. Juan Pablo Montúfar, the other partner, was a 3rd generation farmer. Currently he is the co-founder and chief floral officer of the company.
Bouqs Company’s founders, John Tabis and Juan Pablo Montúfa, have a net worth of $9 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2016 | Bouqs Company was one of the semi-finalists for Ernst & Young’s prestigious Entrepreneur of the Year Award. |
2017 | Came to the finals of Ernst & Young’s prestigious Entrepreneur of the Year Award. |
2019 | Got $50 million funding and expanded the business to LA, New york , Miami and more. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Bouqs Company and its continued success.