Joyce’s Lulu Bang Shark Tank Update

Joyce’s LuLu Bang is a line of all-natural, gourmet sauces featured on Season 8 of Shark Tank. The company was started by the sisters’ duo Jorrae Beard and Kelly Beard, who came up with the idea for the sauce while cooking dinner one night.

Joyce’s LuLu Bang sauce has fresh ingredients and no preservatives or artificial flavors. It comes in three varieties: Original, Spicy, and Sweet & Spicy. Joyce’s LuLu Bang has won multiple awards, including the prestigious sofi™ Award from the Specialty Food Association.

If you’re looking for a delicious way to spice up your meals, Joyce’s LuLu Bang Sauce is a great option. It’s perfect for chicken, fish, vegetables, and more. You can find it online or in select stores nationwide.

What is Joyce’s LuLu Bang?

Joyce’s LuLu Bang Sauce is a unique and flavorful sauce perfect for adding a little zing to your meals. The sauce is made with a blend of tamarind, chili pepper, garlic, and fish sauce, which create a delicious and slightly spicy flavor.

Joyce’s LuLu Bang is a unique and flavorful sauce featured on Shark Tank’s popular television show. This sauce is perfect for adding extra flavor to your favorite foods. Whether you are looking for a way to spice up your chicken wings or you just want to add a little something extra to your next meal, Joyce’s LuLu Bang is the perfect solution.

This sauce is made with all-natural ingredients and is free of preservatives. Joyce’s LuLu Bang is also gluten-free and vegan. This sauce is perfect for those who are looking for a healthier option.

Joyce’s LuLu Bang is available in a variety of different flavors. You can choose from mild, hot, or extra hot. No matter your preference, Joyce’s LuLu Bang has a sauce that will suit your needs.

If you are looking for a sauce that will add a little extra flavor to your food, then Joyce’s LuLu Bang is a perfect choice. This sauce is perfect for those who are looking for a healthier option. With all-natural ingredients and no preservatives, Joyce’s LuLu Bang is the perfect choice for healthier options.

Joyce’s Lulu Bang Shark Tank Update
Company NameJoyce’s LuLu Bang
EntrepreneurJorrae Beard and Kelly Beard
Product / BusinessA line of barbecue and marinade sauces
Investment Asking For$150,000 for 10% equity in Joyce’s LuLu Bang
Final DealNo offers from any Shark
SharkNo Shark
Episode Season 8, Episode 6
Business StatusIn Business
WebsiteVisit Website

Who is the Founder of Joyce’s LuLu Bang?

Jorrae Beard and Kelly Beard are the founders of Joyce’s LuLu Bang. Kelly and Jorrae Beard, residents of Philadelphia, appeared on Shark Tank Season 8 in October 2016 to pitch their barbeque and marinade sauces business, Jorrae’s Lulu Bang.

As part of the deal, the Beard sisters offered the shark 10% of the company in exchange for a $150,000 investment and a 10% stake.

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There was no chance of a successful transaction for the female entrepreneurs. The Saucy Sisters’ story does not end here; the following Lulu Bang update reveals what happened next.

Joyce’s LuLu Bang Before Shark Tank

Joyce’s Lulu Bang’s Shark Tank appearance began with an audition video. According to their descriptions, Jordaine and Kelly are two Pennsylvanian sisters who enjoy cooking together. Their mother, who regularly prepared huge Sunday dinners, inspired the dinners they cooked after church.

They believed it was vital to continue the practice in honor of their mother. Since she couldn’t find a sauce with the flavor she wanted, Jorrae decided to develop one of her own. When she served it to her family, everyone raved about it.

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Lulu Bang pays homage to their brother Mike, who was snatched from them too soon. They claimed it was for the sake of preserving his memory. Jorrae stated that having a Shark certify the quality of their product would make the voyage even more enjoyable.

Joyce’s LuLu Bang Shark Tank Recap

Jorrae Beard and Kelly Beard appeared on Shark Tank requesting an investment of $150,000 in exchange for a 10% equity in Joyce’s LuLu Bang. After offering a taste of their product to the sharks, the sisters started their presentation on the right foot. 

When the samples were distributed to the sharks, they immediately devoured them. Although the Beard sisters did well in their taste test, when the sharks discussed their firm’s operation, they noted several shortcomings.

For instance, Kevin O’Leary pointed out that the company needs more effective distribution technology. Despite selling at 170 Walmart locations and generating $45,000 in sales, the modest sales figures ultimately had to address the sharks. They all agreed that selling sauces online would be difficult.

Even though Kevin and Daymond John love the sauce, they are the first to be out. A few minutes later, Robert Herjavec echoed this sentiment, stating that the package was confusing.

Lori Greiner felt that the product was not sufficiently innovative; thus, she withdrew, followed by Mark Cuban. Jorrae Beard and Kelly Beard left the Shark Tank stage without securing any deal from the Sharks.

Final Deal: No deal between Joyce’s LuLu Bang and Sharks.

What Happened to Joyce’s LuLu Bang After Shark Tank?

Lulu Bang Burgers & Wangs opened at the Common Table in Philadelphia three months after the Shark Tank episode aired in January 2017. Joyce’s LuLu Bang was known for its signature dishes, including the Lulu Bang Wangs, which were glazed chicken wings.

The Joyce’s Lulu Bang brand has been absent from social media since its original Shark Tank episode aired, even though the jars are available online for $10 apiece. You can still purchase Joyce’s LuLu Bang from its website and some Walmart locations across the United States.

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Joyce’s LuLu Bang Shark Tank Update

Joyce’s Lulu Bang may not have received any deal during their appearance on Shark Tank, but they will benefit from the exposure nonetheless. Over the next three days, the sister’s barbecue sauce company made $60,000 in online sales from their website after the program aired.

The number of orders obtained through the website is smooth. Kelly stated in an interview that the two-person crew was overwhelmed by orders being placed every minute for a short time. Since the show aired, Joyce’s Lulu Bang has grown into Walmart stores in several states, including Virginia and Utah.

ShopRite purchased them and now sells them throughout New Jersey. There has also been interest from angel investors in the company, but no deal has yet been struck with them. They are taking some time to consider their options before making a decision. 

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Joyce’s Lulu Bang is looking for a copacker, with the possibility that in the future, they will open a hybrid restaurant production plant.

Is Joyce’s LuLu Bang Still in Business?

Yes, Joyce’s LuLu Bang is still in business as of 2022. The product is available on its website and in various locations of Walmart across the United States. 

You would assume that our Lulu Bang report would be brief, given that no deal has been secured, but you would be mistaken. The Joyce’s LuLu Bang founders Beard sisters are doing well despite failing to secure a contract on Shark Tank.

Joyce’s Lulu Bang Shark Tank Update

Lulu Bang sold $60,000 worth of sauces within 72 hours of appearing on Shark Tank in 2016, and orders have continued to pour in.

The Beard sisters opened Lulu Bang Burgers & Wangs in Philadelphia in January 2017, featuring signature dishes inspired by the four sauces. It turns out, though, that the eatery has since closed.

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Lulu Bang, however, continues to produce sauces and provide select catering services. More than 100 Walmart stores, a few ShopRite locations, and the Lulu Bang website still sells Joyce’s LuLu Bang sauces.

What is the Net Worth of Joyce’s LuLu Bang?

The valuation of Joyce’s LuLu Bang was $1.5 million when it appeared on Shark Tank. The net worth of Joyce’s LuLu Bag is above $2 million as of 2022.

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