Schulzies Bread Pudding
NO DEAL
EPISODE SUMMARY
đŸ•“ Air Date: November 8, 2013
Asking For:
$160,000 for 20%
Investor:
No Deal
Deal:
No Deal
PRODUCT SUMMARY
Schulzies Bread Pudding offers rich, creamy, and delicious bread pudding in various flavors, providing a unique twist on the classic dessert.
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Background Story
Sarah Schulz, the founder of Schulzies Bread Pudding, hails from Venice Beach, California. With a passion for baking and a vision for creating a unique dessert experience, Sarah embarked on a journey to revolutionize the traditional bread pudding. Her background in baking and entrepreneurship fueled her desire to introduce a fresh take on this classic dessert to the market. Drawing inspiration from her surroundings and her love for baking, Sarah sought to elevate the humble bread pudding into a decadent and irresistible treat.
Through experimentation and dedication, she perfected her recipes, infusing them with rich flavors and creamy textures. Sarah’s entrepreneurial spirit led her to establish Schulzies Bread Pudding, initially operating out of a small retail space in Venice Beach. Despite the challenges of starting a new business, Sarah’s determination propelled her forward, and she quickly garnered attention for her delicious creations. As the demand for Schulzies Bread Pudding grew, Sarah expanded her business, opening a storefront in San Francisco to cater to a wider audience.
Her innovative approach to dessert and commitment to quality have earned her loyal customers and accolades within the culinary community. Sarah’s journey from a small beachside bakery to a burgeoning bread pudding empire exemplifies her unwavering dedication to her craft and her relentless pursuit of excellence. With a blend of creativity, passion, and entrepreneurial vision, she continues to push the boundaries of dessert-making, leaving a sweet imprint on the culinary world.
The Product
Schulzies Bread Pudding offers a delectable twist on the classic dessert, providing customers with rich, creamy, and indulgent flavors that tantalize the taste buds. Made from fresh, high-quality ingredients and crafted with meticulous attention to detail, each serving of Schulzies Bread Pudding promises a delightful culinary experience.
The bread pudding comes in a variety of mouthwatering flavors, ranging from Sweet Home Strawberry to Celestial Chocolate Chunk with Caramel Sauce and Coconut with Strawberry Sauce. Each flavor is carefully curated to offer a unique combination of tastes and textures, ensuring that there’s something to satisfy every palate.
Customers can purchase Schulzies Bread Pudding either through the company’s storefront locations or online through their website. The product is priced competitively, with options for individual servings or larger orders for special occasions. Additionally, Schulzies Bread Pudding is available for catering events, providing a decadent dessert option for weddings, parties, and corporate gatherings.
With its creamy consistency, bold flavors, and irresistible appeal, Schulzies Bread Pudding is not just a dessert—it’s a culinary indulgence that brings joy to every bite. Whether enjoyed as a sweet treat on its own or paired with a scoop of ice cream or drizzle of sauce, Schulzies Bread Pudding offers a deliciously satisfying experience for dessert enthusiasts everywhere.
How It Went
The company’s position before Shark Tank
Schulzies Bread Pudding has demonstrated steady growth and a strong position in the dessert market since its inception. With storefront locations in Venice Beach and San Francisco, the company has successfully established itself as a go-to destination for indulgent and innovative bread pudding offerings. The company’s success is attributed to its commitment to quality ingredients, creative flavors, and exceptional customer service. Schulzies Bread Pudding has built a loyal customer base consisting of dessert enthusiasts, foodies, and tourists seeking a unique culinary experience.
In terms of partnerships, Schulzies Bread Pudding collaborates with local suppliers to source fresh ingredients and maintain the integrity of its recipes. Additionally, the company works with wholesalers to distribute its products to select retailers, expanding its reach and accessibility to a wider audience. Funding for Schulzies Bread Pudding primarily comes from the founder’s initial investment, which was supported by a generous gift from her father. This capital has been used to fund operations, lease retail spaces, purchase equipment, and invest in marketing efforts.
While specific financial details regarding profits and losses are not disclosed, Schulzies Bread Pudding operates with a focus on sustainability and profitability. The company continually evaluates its performance, adjusts its strategies as needed, and reinvests profits into growth opportunities. The company is structured with Sarah Schulz as the founder and CEO, overseeing operations, product development, and strategic direction. Schulzies Bread Pudding also employs a dedicated team of staff members who contribute to the day-to-day operations and customer experience. As the company continues to expand and innovate, it remains committed to its mission of delivering delicious and memorable dessert offerings to its valued customers.
The Negotiations:
During the negotiations on Shark Tank, Sarah Schulz sought a $160,000 investment in Schulzies Bread Pudding in exchange for a 20% equity stake in the company. The sharks were impressed by the deliciousness of the product but expressed concerns about the company’s financial performance and execution. Kevin O’Leary questioned the drop in sales per square foot from the Venice Beach to San Francisco location, highlighting the importance of profitability and scalability. He ultimately opted out of the deal due to doubts about the business plan.
Mark Cuban was intrigued by Sarah’s passion but felt uncertain about the investment, citing a lack of confidence in her ability to execute the business plan effectively. He also chose not to invest. Barbara Corcoran praised Sarah’s dedication and passion but ultimately passed on the opportunity, believing that the company needed a complementary partner to guide Sarah’s vision to success.
Robert Herjavec recognized Sarah’s enthusiasm and the potential of Schulzies Bread Pudding but expressed concerns about the company’s financial projections and operational execution. He decided to pass on the investment as well. Despite the sharks’ reservations, Sarah remained optimistic about the future of Schulzies Bread Pudding and expressed her determination to continue building her empire. In the end, she left the tank without a deal but remained steadfast in her commitment to growing her business and leaving a sweet imprint on the culinary world.
