SandiLake Clothing, a Hand-printed custom-designed unisex toddler shirt, was started by Melissa Lay in 2014. As of September 2023, SandiLake Clothing’s net worth is $2 Million and they’re pulling in a whopping $1 Million in annual revenue.
On October 21, 2016, they appeared on Season 8 of Shark Tank USA seeking $100,000 for 10% equity valuing the company at $1 Million. However, the Sharks were not interested in investing in SandiLake Clothing. Kevin O’Leary, Mark Cuban, and Robert rejected the offer because of the declining sales figures. So Malissa walked out empty-handed.
SandiLake Clothing is still in business. The products are available on the website.
SandiLake Clothing Net Worth
|Net worth||$2 Million (2023)|
|Annual Sales Revenue||$1 Million|
|Employees||50 to 100|
SandiLake Clothing Net Worth Timeline
|Net Worth 2023||$2 Million|
|Net Worth 2022||$1.8 Million|
|Net Worth 2021||$1.5 Million|
|Net Worth 2020||$1.2 Million|
|Net worth valuation in 2016 before appearing on Shark Tank||$1 Million|
SandiLake Clothing Pitch on Shark Tank
|Company name||SandiLake Clothing|
|Product||Hand-printed custom-designed unisex toddler shirts|
|Episode||Season 08 Episode 05|
|Asked for||$100,000 for 10% equity|
|Final deal||No deal|
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SandiLake Clothing Founder
SandiLake Clothing was founded by Melissa Lay in 2014. Melissa Lay is also a graphic designer. She was a hard worker and she had a dream of becoming a successful businesswoman. SandiLake Clothing’s founder, Melissa Lay, has a net worth of USD 2 Million as of 2023.
|2023||SandiLake Clothing now has been recognized worldwide|
|2016||Appeared on Shark Tank|
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 of SandiLake Clothing and its continued success.