Original Man Candle Shark Tank Update (Season 2)

Highlights

All 5 Sharks declined to invest in Johnson's business due to its low sales figures.

Johnson has exited the company due to bankruptcy, and ownership has transferred to the investor.

The scented candle industry is a multi-million dollar market, and Johnson Bailey has entered this industry with a new business called Original Man Candle. This business offers unique scented candles with fragrances like Pot Roast, Golf Course, BBQ, Football, and Fart, among others.

To revolutionize the candle industry and grow his business, Johnson Bailey needed both financial support and other assistance. Therefore, he appeared on Shark Tank. Did the Sharks invest in his business? Let’s find out.

Company NameOriginal Man Candle
Founder/Co-FounderJohnson Bailey
Founded2009
Productscented candle
Asked For$50k for 25% equity
Final DealNo Deals
SharkNo Sharks
EpisodeS2 E7
Air DateApril 29th, 2011
Business StatusIn Business
WebsiteVisit Website
HeadquartersTulsa, Oklahoma, United States
Lifetime Worth (Sales)$2.8M *estimated
Buy and WatchBuy NowAmazon Prime

Business Pitch Episode Recap

Johnson asked the Sharks for $50k in exchange for 25% equity in his company. He demonstrated his product and mentioned that he also has a Fart scented candle, which he believes can keep people away.

The male Sharks smelled the Fart candle, and their faces showed discomfort. Johnson mentioned that his product is available in 400 retail stores and retails for $12. Last year, he made $53,000 in sales.

Johnson manages the business himself, while his wife works a job. Additionally, his wife has invested approximately $40,000 into the business.

Most gift retail stores place re-orders 6-7 times a year. Daymond John and Kevin O’Leary feel this is quite low, and Kevin remarked, “that’s nothing.”

Kevin directly refused to invest in this business. Barbara Corcoran said the business isn’t big enough, so she is out.

Daymond told Johnson that he doesn’t have enough cash, credit, and customers, so he is out.

Robert Herjavec didn’t think the business was profitable, so he is out. Mark Cuban also declined to invest.

Sharks Offers list!

SharksOffers
Mark CubanNo Offer
Kevin O’LearyNo Offer
Robert HerjavecNo Offer
Barbara CorcoranNo Offer
Daymond JohnNo Offer
Founder’s (Countered)No Counter
Final DealsNo Deals

Original Man Candle Shark Tank Update

Johnson was quite disappointed because he didn’t secure a deal on Shark Tank. However, he didn’t give up and focused on his business, eventually achieving millions of dollars in sales.

In May 2011, P. Nathan Thornberry, the President of Residential Warranty Services, invested $65,000 in Johnson’s company in exchange for a 35% equity stake.

However, Thornberry later filed a breach of contract suit against Johnson, winning a $71,647 judgment. Unfortunately, he couldn’t collect the money because Johnson filed for Chapter 7 bankruptcy.

During our research on Original Man Candle, we discovered that the company’s candles are sold in the United States and Canada. The company generates an estimated annual sales of millions of dollars.

The current estimated worth of the company is approximately $5 million.

Johnson is currently working as a Marketing Manager at Endeavor Business Media.

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Biswajit Nayak

Biswajit Nayak is the Founder and Owner of the Shark Tank Products Website. His journey with ABC's Shark Tank TV Show began in 2019, and since then, he has become an expert in predicting which deals will be secured and which ones will not. My Reddit Profile

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