Talbott Teas

Talbott Teas is designer whole-leaf teas and accessories that are steeped in style. There are 23 blends in this affordable, daily indulgence. The guys had $100,000 in sales in 2009. That grew to $350,000 in 2010. They were at $500,000 for 2011 before hitting the 4th quarter. They had a spike in sales after being declared one of Oprah’s Favorite Things. They’ve been on QVC and want the Sharks to help them capitalize their growth. They have a 50% profit margin before they pay themselves. They’ve invested $300,000 of their own money and believe they can grow the company to eventually sell it for millions.

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