Skip to content

Guzzle Buddy Creators Score $400K Deal on Shark Tank

The unique wine glass, inspired by Cougar Town, has already generated millions. Now, it's set to pour even more success with Shark Tank's backing.

There is a bottle, two wine glasses are on the table. There is a logo on the bottle. In the...
There is a bottle, two wine glasses are on the table. There is a logo on the bottle. In the background there are lot of glasses, bottles and many racks.

Guzzle Buddy Creators Score $400K Deal on Shark Tank

Entrepreneurs Jo Sullivan and Randy Rothfus, creators of Guzzle Buddy, appeared on Shark Tank seeking marketing assistance and an investment of $400,000 for a 10% stake in their company. They received a deal from Daymond John for $400,000 in exchange for a 25% stake.

Guzzle Buddy is a multipurpose wine glass designed to attach to any bottle, preventing spills. It is made of durable, BPA-free, and odor-free plastic, fitting most wine bottles. The product is sold on Amazon for $24.99, with a cost of $3.12 per unit.

The inventors, inspired by watching Cougar Town, have seen significant success with their total wine glass. In just 10 months, they made almost $1.4 million, with $320,000 coming from social media marketing alone. Today, Guzzle Buddy generates $1-2 million in annual revenue and is still active, with a current business registration, recent customer reviews, and an active online presence.

Guzzle Buddy, a unique total wine glass designed to attach to bottles, has proven to be a successful product. With a current Amazon price of $24.99, it continues to generate revenue and maintain a strong market presence.

Read also:

Latest