As per the latest update, since airing on Shark Tank, Copper Cow Coffee has doubled its sales and is on course to reach $7 million in annual sales.
Even though the founder agreed to Robert Herjavec’s offer for an 8% share in the company, the deal did not go through after the episode was aired on TV.
As of today, Copper Cow Coffee Net Worth is $25 million.
Copper Cow Coffee Net Worth
- Net Worth: $25 Million
- Annual Sales: $7 Million
- Annual Profits: $600,000
- Lifetime Sales: $29 Million
- Employees: 13
- Founder: Debbie Wei
Shark Tank Update
For those who have seen the episode, though several Sharks initially opted against investing in Mullin’s company, Robert Herjavec saw potential in her business and offered the full $600,000 investment.
Founder Debbie Wei has accepted Robert’s offer for an 8% share in the company. However, due to failed negotiations with existing investors, the deal never went through.
As per Robert’s team, there were serious disagreements between Robert and the Company on profit sharing. Since airing on Shark Tank, Copper Cow Coffee has expanded its footprint to Walmart, Whole Foods, and Costco.
It also started shipping its coffee to Canada and Europe. The company has got interest from Nestle to invest $10 million, but these talks are in the early stages.
Even though Covid-19 has severely affected its supply chain, Debbie Wei’s experience from past jobs has helped her navigate through it. Existing investors have put in an additional $500k in the past two years.
Share Holding
| Debbie Wei (Founder) | 35% |
| Other Investors | 65% |
Sales Revenues
Copper Cow Coffee is now available at over 3,000 retail locations in the USA and Canada. It is also available on Amazon and other e-commerce websites. Copper Cow Coffee’s monthly sales stand at $690,000.
Copper Cow Coffee’s annual revenues are expected to cross $10 million in the next two years. The most important development in the operation of the Copper Cow Coffee company happened in its agricultural sector.
The company has invested in several programs that are centered around limiting the chemicals used while growing its coffee beans.
Copper Cow Coffee Wiki
Copper Cow Coffee founder Debbie Wei Mullin sought to bring Vietnamese coffee to the masses. One standout aspect of Copper Cow Coffee is the biodegradable pour-over coffee filter.
Each cup of Copper Cow Coffee supports Debbie’s mission to make the traditional Vietnamese coffee experience accessible and sustainable every step of the way.
One standout aspect of Copper Cow Coffee is the biodegradable pour-over coffee filter. Common in Japan, the filter comes pre-packed with Vietnamese-grown coffee and looks somewhat like a tea bag.
Conclusion
Copper Cow Coffee’s net worth has grown since it first appeared on Shark Tank. Copper Cow Coffee has now more retail presence and is on course to become a successful company in two years.