Ever dreamed of drinking your favorite beverage while holding a stunning bouquet? Flasky Flowers, a clever invention from Shark Tank, makes this dream come true. It’s a drink holder that looks like a bouquet, great for brides and party people.
Ryan and Kelly Moynihan, the creators of Flasky Flowers, hit it big on Shark Tank Season 13. They got a deal with Mark Cuban, Lori Greiner, and Kevin O’Leary. The three Sharks invested $75,000 for 30% of the company, seeing its big potential.
Flasky Flowers costs $25 and is a hit with customers. It has almost 500 sales and lots of five-star reviews on Etsy. It’s clear this fun item is a big deal in the wedding and party planning worlds.
Key Takeaways
- Flasky Flowers combines a flower bouquet with a hidden drink holder
- The product secured a $75,000 deal for 30% equity on Shark Tank
- It retails for $25 and has garnered positive customer reviews
- The inventors invested $60,000 of their own money into the business
- Flasky Flowers primarily sells through its website and Etsy platform
- The product caters to a niche market within the growing bridal industry
The Blooming Idea Behind Flasky Flowers
Flasky Flowers started with a mix of bridal inspiration and practical design. It’s a smart idea that turns a floral bouquet into a hidden flask. This is perfect for brides who want to stay hydrated on their big day.
Kelly Moynihan’s Bridal Inspiration
Kelly Moynihan, a former hairdresser, saw her brides struggling to drink water at weddings. This led to a groundbreaking idea in wedding accessories. In 2019, Kelly and her husband Ryan put in $60,000 of their own money to make Flasky Flowers a reality.
Combining Floral Beauty with Functional Design
Flasky Flowers is a smart mix of looks and use. Each bouquet has a hidden 12-ounce flask for water or a special drink. The straw is hidden in the flowers, so you can drink without anyone noticing.
A Solution for Thirsty Brides
This product solves a big problem for brides on their wedding day. They can drink without ruining their look or missing photo chances. Flasky Flowers costs $25, making it a stylish and budget-friendly choice for today’s brides.
| Feature | Benefit |
|---|---|
| Hidden 12-ounce flask | Discreet hydration |
| Concealed straw | Easy sipping |
| Floral design | Aesthetically pleasing |
| Affordable price | Accessible to many brides |
How Flasky Flowers Work
Flasky Flowers adds a new twist to wedding day hydration. It uses a bouquet stand design with a hidden flask. This is perfect for sipping drinks without anyone noticing.
The stand can hold both real and artificial flowers. It combines beauty with a useful feature.
Each Flasky Flowers unit has a refillable 12-ounce flask and a dry foam ball. This setup lets you hide your favorite drinks behind beautiful flowers. A straw hidden in the flowers makes it easy to drink without ruining the look.
Flasky Flowers is not just for weddings. It’s also great for:
- Bachelorette parties
- Birthdays
- Anniversaries
- Graduations
You can customize Flasky Flowers in many ways. Choose your favorite flowers, flask design, and even add a personal message. This makes it a favorite in the gifting world.
Flasky Flowers costs $25 per unit. It’s a budget-friendly yet memorable way to stay hydrated at events. Its smart design and usefulness have made it a favorite among party-goers and brides. It’s a discreet way to drink without using obvious cups or bottles.
The Entrepreneurs: Ryan and Kelly Moynihan
Ryan and Kelly Moynihan are a dynamic husband-and-wife team. They show the ups and downs of running a family business. Their story is about chasing the American dream.
From Hairdresser to Inventor
Kelly used to be a hairdresser but became an inventor. Her experience in the bridal industry led to Flasky Flowers. It’s a unique way for brides to keep their drinks close while looking stylish.
Risking It All for Their Dream
The Moynihans were all in on their dream. They sold their house to get $60,000 for their startup. This shows the big risks entrepreneurs take to make their ideas real.
Managing a Business with Seven Kids
Running a business and raising seven kids is tough. Ryan took care of the kids while Kelly worked on Flasky Flowers. Their story highlights the challenges of family businesses.
| Metric | Value |
|---|---|
| Initial Investment | $60,000 |
| Shark Tank Ask | $50,000 for 10% equity |
| Shark Tank Deal | $75,000 for 30% equity |
| Lifetime Sales (pre-Shark Tank) | $21,000 |
| Estimated Annual Revenue | $90,000 |
The Moynihans’ story is one of hard work and determination. They faced many challenges, including the pandemic’s effect on weddings. But they didn’t give up. Their time on Shark Tank not only got them an investment but also put their business in the spotlight.
Flasky Flowers Shark Tank Pitch
Ryan and Kelly Moynihan presented Flasky Flowers on Shark Tank. They asked for a $50,000 investment for 10% equity. Their product is a drink holder that looks like a bouquet, great for weddings and events.
The ‘Crazy Chicken’ Idea
Kevin O’Leary called Flasky Flowers a “crazy chicken” idea. He saw its unique nature and potential. The Moynihans said it costs $1.77 to make and sells for $20, with $21,000 in sales at filming.
This profit margin caught the Sharks’ eyes, making them interested in investing.
Impressing the Sharks with Innovation
The Sharks were impressed by Ryan and Kelly’s hard work. They had spent $60,000 of their own money, sold their house, and quit their jobs. Their dedication and the product’s uniqueness made a big impact.
Multiple Sharks Circling for a Deal
Flasky Flowers caught the attention of several Sharks. Lori Greiner, Mark Cuban, and Kevin O’Leary saw its potential. They agreed on a joint deal, offering $75,000 for 30% equity.
This showed the Sharks’ confidence in Flasky Flowers’ success.
“We believe in your product and your passion. Let’s make this a success together.”
Perfect Occasions for Flasky Flowers
Flasky Flowers are a mix of style and usefulness, perfect for weddings. They are a hit at bachelorette parties and bridal showers in the U.S. They cost $25 and are shaped like flowers.
Brides and their friends love Flasky Flowers at weddings. They can hold 12 ounces of drink and look like a bouquet. This lets guests enjoy their drinks without holding anything.
People love using Flasky Flowers at bridal events. One bride said, “They were perfect for our bachelorette party! We got so many compliments and it made the night extra special.” Another user said, “It was a conversation starter and kept our drinks close at hand during games.”
| Event | Benefits of Flasky Flowers |
|---|---|
| Weddings | Stylish drink holder, matches bridal bouquets |
| Bachelorette Parties | Fun accessory, keeps drinks accessible |
| Bridal Showers | Unique gift, conversation starter |
| Rehearsal Dinners | Elegant addition, practical for mingling |
Flasky Flowers are great for weddings, bachelorette parties, and bridal showers. They add fun and usefulness to any event. Their design and versatility make them a favorite among brides and partygoers.
The Shark Tank Deal: A Three-Way Partnership
The Flasky Flowers pitch on Shark Tank Season 13 was a big deal. This season, from October 2021 to May 2022, had regular sharks and guest investors. It was full of exciting opportunities.
Lori Greiner’s Initial Offer
Lori Greiner saw the fun in Flasky Flowers first. She offered $50,000 for 20% equity, valuing the company at $250,000. This offer made other sharks take notice, starting a competitive bidding war.
Kevin O’Leary and Mark Cuban Join Forces
Kevin O’Leary and Mark Cuban saw the potential too. They wanted to team up, making the deal even more interesting. This move raised the stakes, leading to a unique three-way partnership.
The Final $75,000 for 30% Equity Deal
The negotiations ended with a groundbreaking deal. Lori Greiner, Kevin O’Leary, and Mark Cuban came together. They offered $75,000 for 30% equity, with each shark investing $25,000 for 10% equity. This formed a strong equity partnership.
| Shark | Investment | Equity |
|---|---|---|
| Lori Greiner | $25,000 | 10% |
| Kevin O’Leary | $25,000 | 10% |
| Mark Cuban | $25,000 | 10% |
This deal gave Flasky Flowers the funding they needed. It also brought in the expertise and connections of three big investors. The Moynihans’ acceptance was a big win for their business journey.
Customer Reviews and Testimonials
Flasky Flowers has become a hit, with lots of happy customers sharing their thoughts. Brides and bridesmaids love this drink holder that also looks like a beautiful flower.
One happy bride said, “Flasky Flowers made my bachelorette party unforgettable! We sipped in style without juggling plastic cups.” Many others agree, saying it’s both useful and pretty.
People love how versatile Flasky Flowers is. They’re great for weddings and bridal showers, adding fun and convenience. A bridesmaid exclaimed, “I surprised my girls with Flasky Flowers, and they were an instant hit!”
“These beautiful bouquets kept our drinks close and our hands free for dancing all night long!”
Customers also love making their own bouquets. They can match the colors to their event, making it both useful and beautiful.
With so many positive reviews, it’s clear Flasky Flowers has won over many hearts. It’s a perfect mix of practicality and beauty, making it essential for any celebration.
Flasky Flowers: Post-Shark Tank Success
Flasky Flowers has grown a lot since Shark Tank. The drink holder caught the eye of three sharks, getting a $75,000 investment for 30% equity. This deal has helped the company grow a lot.
Current Sales and Pricing
Flasky Flowers has done well online since Shark Tank. Their Etsy shop has almost 500 sales, with many five-star reviews. They’ve also raised their flask price to $25, from $20.
| Metric | Before Shark Tank | After Shark Tank |
|---|---|---|
| Retail Price | $20 | $25 |
| Production Cost | $1.77 | $1.77 |
| Profit Margin | 91.15% | 92.92% |
Expansion into New Markets
Flasky Flowers has found success in the bridal market. They sell online and on Etsy. The comeback of weddings has helped them grow, as brides love this unique accessory.
Future Growth Prospects
Thanks to Shark Tank, Flasky Flowers is ready to grow more. They’re looking to expand beyond weddings to other events. With the help of their sharks, they aim to become a big name in party accessories.
Conclusion
Flasky Flowers has become a big hit on Shark Tank, showing the impact of new wedding products. It started as a need for the bride and now wins hearts everywhere. With a 4.7-star rating from 55 reviews, it’s clear Flasky Flowers is a hit.
Ryan and Kelly Moynihan’s story is inspiring. They sold their house for $60,000 to start and then got a deal with three Sharks for $75,000. Their time on Shark Tank really boosted their business, increasing website traffic and sales.
Today, Flasky Flowers is doing great, with over 500 Etsy sales. It’s a fun and useful item for weddings and parties, priced at $25. With support from Mark Cuban, Lori Greiner, and Kevin O’Leary, Flasky Flowers is set to keep growing.