Thinking of sending a Birthday, Congrats, Get Well Soon card? If you want to give a gift with a brimful of surprise, Potato Parcel will never let you down! So in October of 2015, Craig agreed to sell the business to Bekhit for $42,000. A post shared by Potato Parcel (@potatoparcel) on Feb 1, 2017 at 3:22pm PST The pair revealed that in the 13 months the company has … "It's just stupid on a stick," billionaire Mark Cuban said on the episode. "People respect it and they actually find it really funny.". Funny replacement for greeting cards. This is … The business was founded in May 2015 by Alex Craig, a Texas resident inspired by a viral Reddit post of a potato covered in stamps. Potato Parcel is a service that allows you to send anyone a potato with a personalized message on it. But after hearing the business' sales â $25,000 in the month before the show's taping with a 70 percent margin â Kevin O'Leary was interested. Tonight’s new episode of “Shark Tank” is here, and there’s one thing that we’re (of course) hoping to have more so than anything else: Entertainment! Business partners from Carrollton, TX, pitch a business that delivers an unusual twist to a common vegetable; a Shark loves the taste of a unique barbeque sauce inspired by the mother of two sisters from Philadelphia, PA; two millennial entrepreneurs have an idea to alleviate the hassle … "People use us in the same way they use greeting cards. As seen on Shark Tank! Potato Parcel Before Shark Tank This is the stupidest idea I've ever heard,'" Craig told WFAA in Texas in 2015. At first, the Sharks found the idea hilarious until the entrepreneurs told them they had already sent 12,000 messages and made sales of $215,000. Sound too strange to be true? As seen on Shark Tank! While some took to the idea of personalized potatoes like ducks to … Perfect for birthdays, holidays, love notes, or any occasion. If I had to guess, I’d say Kevin O’Leary will add up the costs to start a competing company when valuing this business. Come to think of it. Originally, Potato Parcel was based in Dallas, Texas. Potato Parcel $ 10.00 PotatoParcel is a service that allows you to send anyone in the U.S. (for international orders, visit our International tab) a Potato with a personalized message on it. In October 2015, Bekhit acquired Potato Parcel from Craig for That is when they took the business seriously. Shark Tank Tales is an independent fan site created to keep visitors up to date with news, reviews, outcomes and updates on the entrepreneurs and businesses that have appeared on Shark Tank. Check out our fun selection of Shark Tank-approved products here. Within a day of launching, the site had its first sale and within 2 days had over $2,000 in orders! Now entering its 12th season, Shark Tank continues to prove that the American Dream is alive and the future of entrepreneurship is strong. They introduce themselves as Alex Craig and Riad Bekkit. Like CNBC Make It on Facebook, Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank. ", Don't miss: These parents created a healthy chip their sick son could eatâand the business just got a $1.25 million 'Shark Tank' deal, Like this story? Potato Parcel is an unconventional messaging service that that will write your custom message on a potato and send it through the US Mail. Alex Craig, founder of Potato Parcel, and "Chief Potato Officer," Riad Bekhit, are bringing a unique twist to the message sending industry. Potato Parcel | Send an anonymous message to anyone...on a Potato! Potato Parcel made headlines in early 2017 after dozens of NBA players were anonymously sent potatoes. All Rights Reserved. ‘Shark Tank’ review: Joyce’s Lulu Bang, unPack, Sunscreenr, and Potato Parcel. It divided public opinion. That Potato Parcel Guy From Plano Was on Shark Tank and a Shark ... an opportunity on the horizon that Craig didn't want to miss out on — an appearance on the entrepreneur-focused show Shark Tank. Send a potato. Potato Parcel is the ‘spud’tacularly viral service that lets you send a potato with a personalized message on it to anyone, anonymously or not. "I don't look at it as a potato company, I look at it as, we're a gifting company," Bekhit explains. Watch Potato Parcel on the brand new Shark Tank Episode 806 next Friday night, October 28, 2016, and see if the Sharks invest in this rather unusual, but extremely profitable online business. Potato Parcel was later sold to co-founder, Riad Bekhit in October 2015. Potato Parcel is the ‘spud’tacularly viral service that lets you send a potato with a personalized message on it to anyone, anonymously or not. In 2016, Potato Parcel Founders appeared on shark tank to pitch their business, they asked for $50,000 for 10% equity in Potato Parcel. The most unique and unexpected gag gift there is! In May 2015, Potato Parcel was founded by mobile app developer Alex Craig, a 24-year-old University of North Texas alum, and was later promoted on Reddit. Their pitch may be revisited in the upcoming 20/20 Shark Tank: The Greatest of All Time special. There have been a some complaints about the quality of the potatoes or unreceived packages. Most importantly, these potato heads have proven that with any idea, you can get a Shark on board and most importantly, be very successful. If the Sharks like what they see, they'll take a chance and make an offer to invest. "On our second day that we were live, and we started promoting it on Reddit, and we got $2,000 in orders, and I just knew this was it.". Potato Parcel Shark Tank Deal is an incredible place to discover Potato Parcel Shark Tank Deal deals on a great variety of things with their wide assortment of choices. I recently caught up with Riad Bekhit, owner and self-proclaimed Chief Potato Officer at PotatoParcel.com, after he appeared on ABC’s Shark Tank and secured a $50,000 investment for his spud-powered enterprise.Bekhit acquired Potato Parcel on Flippa in 2015, and he’s since rapidly grown the business, which now generates $25,000+ in monthly sales of…potatoes. Funny replacement for greeting cards. Alex met Riad Bekhit, who was running an e-commerce business in a chat room and Bekhit started to help out Craig with his business. Potato Parcel has undoubtedly seem its fair share of taters but its fair to say that these ‘fries’ will be ‘chipping’ around for a while. Craig said he would buy the potatoes from the local neighborhood Walmart. The business, which appeared in a 2016 episode of ABC’s “Shark Tank” and struck a deal with Kevin O’Leary, now employs seven people full time to create and sell the potato designs. With Barbara Corcoran, Mark Cuban, Lori Greiner, Robert Herjavec. But Bekhit's business is an unlikely one. Save my name, email, and website in this browser for the next time I comment. He agreed to invest $50,000 in exchange for 10 percent equity in the business, adding an additional royalty agreement. The business, which appeared in a 2016 episode of ABC's "Shark Tank" and struck a deal with Kevin O'Leary, now employs seven people full time to create and sell the potato designs. Potato Parcel first appeared on ABC’s entrepreneur-themed program Shark Tank in 2016. It’s the perfect way to add a ‘hash’ of humor (and a little confusion) into the lives of your friends, family, lovers, haters, coworkers, bosses, or even your secret crush. Anonymous or not. Customers can order a potato with a message written for any occasion, from anniversaries to birthdays. ABC's Shark Tank features aspiring entrepreneurs as they deliver their business or product pitches to a panel of seasoned entrepreneur-investors - the Sharks. The idea for Potato Parcel sprouted from a viral Reddit post featuring a stamp covered potato which had been mailed to someone. Surprise gift box included. It’s the perfect way to add a ‘hash’ of humor (and a little confusion) into the lives of your friends, family, lovers, haters, coworkers, bosses, or even your secret crush. Besides that, Potato Parcel Shark Tank Deal likewise offers another arrangement of things at brought down costs every day through Potato Parcel Shark Tank Deal discounts. For $14.99, you can send a Potato Pal â a potato topped with a photo of someone's face. Surprise gift box included. We're just using a different medium to do that.". It's All About China. Potato Parcel - Send a message on a real potato! Shark Tank Tales cares about your data and would like to use cookies to make your experience better. 1 potato donated for every one sold. The idea for Potato Parcel sprouted from a viral Reddit post featuring a stamp covered potato which had been mailed to someone. It’s rare to see a customized potato. Mail a potato. ", Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, © 2021 CNBC LLC. It was then that co-founder Alex Craig decided to monetize the idea, but allowing people to send potatoes with fully customized and anonymous messages. ", For Bekhit, the future of Potato Parcel is promising: "It is a great business, which is why I'm still doing this after three years. The funniest alternative to greeting cards or flowers. But Alex would remain on board to help get Potato Parcel onto the Shark Tank. In October 2015, Potato Parcel was sold to Bay Area entrepreneur Riad Bekhit for $40,000 and moved to San Bruno, California. Featured on Shark Tank, CNBC, Forbes, and The Steve Harvey Show! "I started helping him fulfill orders because I had some e-commerce experience and he didn't," Bekhit tells CNBC Make It. Aaron Liskov and Andrew Zahornacky hope the Sharks like UnPack, their service that packs, rents, and delivers clothing to your travel destination. It’s quite ironic that Dirk was the first NBA player to post his potato given that Potato Parcel was on Shark Tank last year. Since airing on the show, Potato Parcel has sold over 70,000 potatoes, Bekhit says. Alex Craig and Riad Bekhit pitch Potato Parcel, one of the most unique business ideas to ever come through Shark Tank in Season 8, Episode 6. Potato Parcel has expanded shipping to Australia, Canada, Europe, and the United Kingdom. "He was kind of trying to transition out of that business." Reportedly, profits per month ranged between $10,000 and $13,000. In January, O'Leary told The New York Times Magazine that Potato Parcel is one of his top five favorite investments from "Shark Tank. The pair appeared on "Shark Tank" together in 2016, and many of the sharks were more amused than impressed. Potato Parcel’s Riad Bekhit, left, and Alex Craig, right, during their pitch on Shark Tank. The cast of Shark Tank includes Mark Cuban Lori Greiner, Barbara Corcoran, Daymond John, Robert Herjavec and Kevin O'Leary alongside a rotation of celebrity guest sharks, who each invest their own money at their discretion. Yearly sales top six figures. Shark Tank October 29, 2016. Best Selling â Most Successful Shark Tank Products. Later that year, Craig met Bekhit through an online chat room. When Craig shared the idea for Potato Parcel with his girlfriend at the time, "she said, 'You will not sell a single potato. They allow you to send a message to someone written on a potato!Become a BroadbandTV... On this episode of Shark Tank Breakdown, we are covering … Potato Parcel on Shark Tank Two men in potato suits and sunglasses walked onto the stage, and faced the Sharks. Without skipping a frite, Alex got to work on his website which he built using Shopify. "I'm running a wacky business, but it's nothing to be ashamed of," Bekhit tells CNBC Make It of his company, Potato Parcel. That’s why gifting it adds humor (and brings a little confusion) to everyone who receives it. Shark Tank: Potato Parcel Gets Deal from Kevin O’Leary for $50,000. Potato Parcel - Send a message on a real potato! A Division of NBC Universal, This multimillion-dollar business started as a way to help the founders' sick son, How start-up backed by Gates, Bezos aims to make unlimited clean energy, 23 Black leaders who are shaping history today, Amex launches a $200 statement credit offer for the Amex Blue Cash Everyday Card, These parents created a healthy chip their sick son could eatâand the business just got a $1.25 million 'Shark Tank' deal. Potato Parcel, a service that sends messages on potatoes, entered the Shark Tank in Season 8. According to Riad, they’ve sold over 70,000 potatoes since the show aired, earning over $700,000 in sales. By August, Craig was bringing in $10,000 in profit each month, WFAA reports. Despite this, Potato Parcel continues to receive thousands of positive reviews from customers who love a conveniently simple and funny way to put a smile on someone’s face. Potatoes for everyone! "I personally think that taking this seriously as far as a shark investing is crazy," investor Lori Greiner added. Alex Kenjeev joins Kristen Scholer and Kori Hale on the floor of the New York Stock Exchange to talk about Potato Parcel, Shark Tank, and the robots that are coming for your job. 3 years and thousands of sales later, business is still booming for Potato Parcel. Riad had first started off helping Alex fulfill orders before purchasing the business for $42,000. Send an image or message to anyone...on a potato! The joke further contributed to the company’s already viral success and helped to drive even more sales. He sells $9.99 potatoes with handwritten messages through the mail. In many ways, Riad Bekhit is what you'd expect of a young entrepreneur: He runs an e-commerce business, lives near San Francisco, is 28-years-old, and has backing from a high profile investor. History. Shark Tank episode 805 features 4 new companies seeking funds from the wealthy Sharks to start, grow, or save their businesses.