Shark Tank Pitch

Nardo's Natural Shark Tank Update

Published:

3m

Saint Petersburg, FL

Nardo's Natural Shark Tank Update


Pitch Overview
NameNardo's Natural
Main PresentersKyle, KJ, Danny, and DJ Mastronardo
Presenter Image
Nardo's Natural Entrepreneurs: Kyle, KJ, Danny, and DJ Mastronardo
Product Image
Nardo's Natural Product Image
Last Known in Business9/1/2022
Main Location

Saint Petersburg, FL

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Order Shown in Episode2
Final DealAll Sharks went Out

Nardo's Natural Shark Tank Pitch

If it were the 1950's Kyle, KJ, Danny, and DJ Mastronardo would be beating down some sharks in Manhattan's Upper West side. Instead, they seek to work with the sharks to grow their face moisturizer business, Nardo's Naturals.

Nardo's Naturals is produced in St.Petersburg, Florida two minutes from their parent's home. The brothers all chip in where they can.

They have put $35k into Nardo's Naturals and have done $30k of revenue in the past year through the 17 stores. They project $4.8 million in annual revenue in two years.

The Mastronardo dumped out a can of letters saying they were testimonials and pulled out a letter they said was from the president and first lady, while in reality, it was a generic thank you letter for their free gift.

Let me make an offer. I'm going to give you nothing. You have no sales. You don't even have good packaging. There is nothing proprietor or unique about this product. You're going to get slaughtered. I'm out.

—Kevin O'Leary

Barbara doesn't like the name but loves the guys and their naivety and gives them a bold offer, which to everyone's surprise they accept without rebuttle.

Barbara, are you gonna make them take their shirts off and do a calender?

—Robert Herjavec

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$75k for 12% of Company
SharksOutMark CubanOut
SharksOutDaymond JohnOut
SharksOutKevin O'LearyOut
SharksDealBarbara Corcoran$75k for 50% of Company contingent on a name change
SharksOutRobert HerjavecOut

Mark Cuban
Mark Cuban

Mark Cuban

Out

Daymond John
Daymond John

Daymond John

Out

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Made Deal

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
55

Nardo's Natural After Shark Tank

Barbara claims the name change was just a trick to get people to remember Nardo's Naturals. In 2012, the Mastronardos opened up a spa in St.Petersburg, Florida, which creates a good home base to see Nardo's Naturals being sold and interact with their customers.

In 2013 KJ was riding his motorcycle and lost control when trying to avoid an animal. KJ collided with an oncoming car and tragically died. The loss of KJ has grown the family bond and the passion behind Nardo's Naturals. They built a local manufacturing facility to meet the demand and automate much of the process, and chemists now made their formulas.

In season 5, episode 5, we got an update informing viewers about the loss of KJ. Lifetime sales have reached $500k and the brothers are talking to big box retailers like Walgreens, Whole Foods, and CVS.

According to Shark Tank Blog

Link Preview

Shark Tank Blog

https://www.sharktankblog.com/business/nardo-brothers

, Nardos Naturals eventually gave their packaging a more feminine look to better appeal to their most common customer demographic. They also created a Nardo's Muscle Rub, which is endorsed by baseball player, Cy Young.

Danny spoke on The Mentors podcast in 2019 here

Link Preview

here

https://podcasts.apple.com/us/podcast/how-four-brothers-got-a-deal-on-shark-tank-for/id1331336282?i=1000427745041

. Danny got a great job out of college as a marketing manager for industrial real estate, which he attributed to being a "dork" in college. Even so, Danny watched the clock daily, hoping for the work day to end.

Coconut oil was not a buzzword at the time, but Kyle studied health and nutrition in college, and their mom was a nurse, so the brothers became sold the idea of selling skin care products. Kyle sold his car for $6k, which became their start-up capital.

Danny decided to leave his job and moved in with his brothers into a small condo where he ate PB & J's and had only a couch to sleep on for two years.

As of 2019, Danny has been on Good Morning America several times. One of Nardo's Naturals' most significant income streams is private labeling for other brands. They help these brands "soup to nuts" from the logo design to the manufacturing, and in 2018 they helped launch around 250 brands.

In 2021 annual revenue is $5 million. Their website is nardosnatural.com

Link Preview

nardosnatural.com

https://www.nardosnatural.com


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