Joyce’s LuLu Bang, founded by sisters, Jorrae and Kelly Beard, has seen significant growth and success, following their pitch on Shark Tank. The company offers a wide range of sauces, along with its specialty barbeque and marinade sauces.
As of 2024, the company has a net worth of $10 million and continues to operate successfully, expanding its product line and distribution network. The brand’s sauces are now available in over 100 Walmart locations and additional ShopRite stores across several states.
Despite not securing a deal on the show, the exposure helped boost sales and brand awareness. Joyce’s LuLu Bang remains active in the market, catering to a diverse customer base with its unique and flavorful sauces.
Joyce’s Lulu Bang Net Worth
| Estimated Net worth | $10 Million |
| Annual Sales Revenue | $5 million |
| Lifetime Sales | Not available |
| Investor | None |
| Founder | Jorrae Beard and Kelly Beard |
| Employees | 25 |
Joyce’s Lulu Bang Pitch on Shark Tank
| Company name | Joyce’s Lulu Bang |
| Product | Line of BBQ and marinade sauces |
| Episode | Season 08 Episode 06 |
| Founders | Jorrae Beard and Kelly Beard |
| Asked for | $150,000 for 10% |
| Final deal | No Deal |
| Shark | No Shark |
| Location | Philadelphia, Pennsylvania |
Don’t miss these product from Season 8
Joyce’s Lulu Bang Founders
Jorrae Beard and Kelly Beard Founded Joyce’s Lulu Bang in 2012. Jorrae Beard is the originator of Joyce’s Lulu Bang and was inspired to create her sauce. Kelly Beard is the CEO of Joyce’s Soulful Cuisine, the parent company of Joyce’s Lulu Bang. These sisters grew up in a family of entrepreneurs. They were inspired to start their own business. Joyce’s Lulu Bang’s founders, Jorrae Beard and Kelly Beard’s net worth is unknown as of 2024. However, since Joyce Lulu Bang is one of their main net worth sources, they should have a combined net worth above $10 million.
Key accomplishments
| Year | Accomplishment |
| 2023 | Creating a line of gourmet sauces, including Asian Persuasion, Bourbon Marinade, It’s Just Hot!, and BBQ Fusion. |
| 2022 | Launching a new pop-up store to sell their sauces. |
| 2021 | Expanding their reach beyond Walmart stores and making their sauces available in local ShopRites around the Philadelphia area. |
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 Spretz and its continued success.
