Opening a bottle of champagne is the perfect way to celebrate a win, but it usually doesn’t last that long. The Bubbly Blaster was designed to allow you to spray champagne longer without leaving as much of a mess. Founders Brad Hall and Stason Strong appeared on Shark Tank and have struck deals with Mark Cuban and Alex Rodriguez. As of 2024, the Bubbly Blaster is valued at $1 million.
Founder
Brad Hall and Stassen Strong are from Los Angeles, California. Little is known about Stassen’s educational background, but Brad holds an MBA from West Texas A&M University and a Doctor of Pharmacy from Auburn University.
Stassen began his career as a senior creative director at Yahoo! After three years at the company, he founded two new companies, co-founding GreenFunder and Soshi.com.
After college, Brad worked as a pharmacist for companies such as Rite Aid and Infusion Partners. He was then hired as a branch manager for BioScrip, Inc., and eventually promoted to Vice President of Sales and Operations.
Bubbly Blaster
Strong got the idea for the product after attending a party where champagne was being poured. The party was over too quickly, and he began to wonder how to make the champagne last longer. He designed a champagne spray gun to solve this problem.
He showed it to some friends who worked at SpaceX. They suggested making a 3D printed model of it to make it look more professional. After getting positive feedback from others, Stassen decided to go ahead with the business.
The Los Angeles native teamed up with Brad Hall and together they raised $120,000 to launch Bubbly Blaster in 2017. About a year later, the company had done $560,000 in sales through Amazon and its website.
Shark Tank
By 2021, business was booming, but Brad Hall and Statham Strong needed to raise money for inventory and online advertising. They agreed that Shark Tank would be the perfect platform and appeared on Season 12, asking for $120,000 for a 20% stake.
The Sharks had a blast playing with the spray guns. It was disappointing that Robert Herjavec didn’t come, he would have loved the product! Mark Cuban and guest Alex Rodriguez showed the most interest, given their sports backgrounds and, of course, their experience popping champagne.
Cuban was the first to offer $120,000 for 25% of the shares. The founder asked him if he would like to work with Alex, and the billionaire agreed. Their final deal for $180,000 for 30% ended with a Bubbly Blaster party. They made the deal so quickly that Barbara didn’t have a chance to get out!
The impact of Shark Tank
After the show aired, Bubbly Blaster reached a much larger audience than before. Fans of the show loved the product, and the company gained a large number of fans.
They have introduced new products such as recreational bags, baseball caps and customizable aluminum fins. These products are available at BubblyBlaster.com, Amazon and multiple Walmart stores. Despite the patent, there are cheaper imitations.
The champagne spritzers have an average rating of 3.3 stars on Walmart.com. The company has been facing inventory issues that have been difficult to resolve.
Currently, their website is fully stocked, but it is out of stock on Amazon. No recent sales figures have been shared, but it is estimated that Bubbly Blaster has an annual revenue of about $700,000. In February 2020, Brad and Stason launched a new company called SONU Sleep, a revolutionary mattress with armrest slots!
Categories: Shark Tank
Source: svlsf.edu.vn