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In 2014, The Bouqs Co. co-founder John Tabis walked onto the Shark Tank stage with a plan to ship flowers directly from sustainable farms to people’s doors. The Sharks called it “too ambitious.”
Just a few years later, the company reported $1 million in sales in a single day. Shark Tank investor Mark Cuban said it himself: “the one I regret not doing.”
It’s now known as one of the biggest misses in the show’s history. But investors today have a new opportunity to join The Bouqs Co. as the company expands its national platform.
Here is why Cuban regrets his “no”; why another shark, Robert Herjavec, ended up investing anyway; and why everyday investors are now watching The Bouqs Co. closely.
Solving the $100B flower industry’s biggest problem
Traditional florists rely on a 12-day supply chain that kills 40% to 60% of inventory before it’s even sold. A big reason for this is the amount of middlemen in the supply chain from farm to customer: farmers, importers, wholesalers, order gatherers, etc. After that, it can take up to 2 weeks for a bouquet to reach a customer. That leaves very little time to enjoy your flowers.
Enter The Bouqs Co. They’ve designed a way to bypass the outdated middleman model, cutting the time from farm to home to as little as 1 to 4 days. That’s 3X faster, more efficient flower delivery than the traditional model. They’ve also slashed waste from 60% to less than 2%, the company says.
By shipping 90% of their flowers directly from farm to consumer, The Bouqs Co. says it is solving the industry’s two most costly problems: extreme waste and short vase life. The result? A fast-growing business that is beloved by customers.
More than 270 million stems sold
The Bouqs Co. has evolved into a beloved flower brand with one of the world’s largest floral subscription programs, driven by a high-loyalty customer base where subscribers spend an average of over $700 per year, the company says. Its performance has solidified its place as a massive outlier in the consumer goods space. Today, they’re the #4 highest-grossing Shark Tank alum with millions of orders per year and up to $1.2 million in annual revenue per store.
They are now one of the largest floral subscription businesses in the U.S., with physical retail stores opening across the country. Their bouquets are featured by major publications and sold through partnerships with retailers like Whole Foods and Macy’s.
Next up for The Bouqs Co: 70+ new retail stores
The next chapter of The Bouqs Co. is moving from the screen to the street. The company is looking to launch 70+ new retail stores nationwide to become the first national chain of floral studios. These locations will act as high-efficiency micro-fulfillment hubs, unlocking 45% more demand through same-day delivery and high-margin event services such as weddings.
This “flywheel” effect is already working. In counties where physical stores have opened, the brand has seen a staggering 100% year-over-year growth, the company says.
A bouquet of opportunity for investors
The Bouqs Co. is now inviting investors to participate in their national expansion as they scale their retail and e-commerce dominance. With individual store revenues reaching up to $1.2M annually and a supply chain that outperforms incumbents in every metric, the company says it is positioned to own the “farm-to-vase” category.
This is the window to invest in a proven category leader that has already turned a “Shark Tank rejection” into a global disruption story.
Invest in The Bouqs Co. by February 23rd and get 5% bonus shares.
This is a paid advertisement for The Bouq’s Regulation CF offering. Please read the offering circular at https://invest.bouqs.com/
In 2014, The Bouqs Co. co-founder John Tabis walked onto the Shark Tank stage with a plan to ship flowers directly from sustainable farms to people’s doors. The Sharks called it “too ambitious.”
Just a few years later, the company reported $1 million in sales in a single day. Shark Tank investor Mark Cuban said it himself: “the one I regret not doing.”
It’s now known as one of the biggest misses in the show’s history. But investors today have a new opportunity to join The Bouqs Co. as the company expands its national platform.
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