Sunflow appeared in season 13 of Shark Tank and became one of the most successful businesses to come out of the show.
As of 2025, Sunflow Chair has a net worth of $48 million. Kevin O’Leary invested $10 million in Sunflow for a 5% equity stake along with a royalty deal.
Today, Sunflow’s chairs can now be found on more than 40 cruise ships and in over 200 hotels and resorts worldwide. The company is also anticipated to finalize agreements with both Hilton and Radisson shortly.
Sunflow Chair Net Worth
- Net Worth: $48 Million
- Annual Sales Revenue: $15 Million
- Profits: $7 Million
- Lifetime Sales: $79 Million
- Employees: 15+
- Investor: Kevin O’Leary
Sales
When Sunflow appeared on Shark Tank, the company was generating $2.5 million in annual sales. During their first year of operations after the Shark Tank appearance, the company’s annual sales shot up to $6 million.
From that point onward, Sunflow has consistently achieved a 25% monthly increase in sales. Currently, the company boasts a monthly sales figure of $1.4 million.
The presence of Kevin O’Leary has greatly facilitated the company in securing new agreements with numerous cruise ships and hotels.
Profits for Kevin O’Leary
Kevin invested in Sunflow, and as part of the agreement, he is entitled to receive a $5 royalty for each chair sold until he recovers his initial $1 million investment.
At present, Kevin has already received $700,000 in royalty payments. Additionally, he has earned $390,000 as his share of profits from his 5% stake in the company.
Sunflow is poised to become one of Kevin’s most successful investments, particularly in contrast to his previous loss in Toor Lockbox.
Shark Tank Pitch
The couple, Leslie and Greg, came to Shark Tank asking for a million dollars for a 6% stake in their company. Sunflow offers premium beach chairs along with accessories.
It costs them $70 to make a chair, and the company sells it for $198. All the sales of the company were direct to consumer when the episode aired on the Shark Tank.
Daniel is the first Shark to offer a deal, asking for a 22.5% stake for a $1 million investment.
Meanwhile, Mark Cuban drops out of the deal, citing that 6% is too risky and it is going to take forever to recover, let alone his money.
Barbara and Lori also dropped out, after which Daniel’s offer was rejected. After back-and-forth negotiations between Kevin O’Leary and the founders, they finally agreed on the deal.