Ashley, Kelly, and Jorrae Beard pitch LuLu Bang, their line of sauces for barbecue and other dishes, in Shark Tank episode 805. The sisters, who also own a restaurant called Joyce’s Soulful Cuisine in Philadelphia (now closed) and a catering business, started cranking out jars of their sauces in 2013 for their restaurant customers. Now, their primary business is producing the line of Lulu Bang sauces.
Jorrae is the creative sister, with many years of culinary experience. She named the company and the products after her older brother, Michael Anthony “Lulu Bang" Beard. Kelly serves as CEO. The inspiration for their former restaurant menu and the sauces came from their mother, Joyce Beard. They are a Veteran, Woman and Minority owned business.
As for the sauces, the signature sauce is Lulu Bang Barbecue Sauce. Other flavors include Asian Persuasion, It's Just Hot, and Bourbon Marinade. One jar will set you back $7.99. They are available online, at Philadelphia area ShopRite stores and at over 250 WalMart locations nationwide. In 2015, they attended Wal-Mart’s second “Made in the USA" Open Call and U.S. Manufacturing Summit in Bentonville, Ark. That business trip got them into WalMart and they are expanding into more stores.
The Beards likely want a Shark to help them manage their growth. Will a Shark think there's enough bang for their bucks?
Lulu Bang Shark Tank Recap
Ashley, Kelly, and Jorrae will pitch the panel of five Sharks on the business and its prospects for growth. They’ll need to convince Mark Cuban, Daymond John, Kevin O’Leary, Lori Grenier, and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards." A full pitch re-cap on Lulu Bang will be available on Shark Tank Blog once this episode airs.
Lulu Bang Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Lulu Bang & Ashley, Kelly, and Jorrae Beard as more details become available.