Saavy Naturals Net Worth 2022 – What Happened After Shark Tank
WHAT IS SAAVY NATURALS?
The organic wellness industry has come a long way.
Yet, few of the top selling and popular brands offer what Saavy Naturals’ range does: technically edible body care products.
Saavy Naturals is a range of natural body, skin, and personal care products made with organic, food-grade, ethically-sourced ingredients.
Saavy Naturals products are not only good for your skin, they’re also good for the environment, and cruelty-free.
WHAT IS SAAVY NATURALS’ NET WORTH?
Company Name |
Saavy Naturals |
Owners |
Hugo Saavedra and Debra Saavedra |
Shark |
Barbara Corcoran |
Equity |
40% |
Investment |
$100,000 for 40% + $100,000 for purchase orders |
Location |
Chatsworth, California |
Net worth |
$2 million before Arcadia Biosciences acquisition |
WHO IS THE OWNER OF SAAVY NATURALS?
Professional personal chefs Hugo and Debra Saavedras joined forces over 20 years ago and their delicious partnership has been fruitful in and out of the kitchen.
Creating meals full of flavor and establishing successful businesses are passions they both share, starting with the Hugo & Debra Naturals, SoulSpring, and ProVault brands.
These brands were the result of decades of experimentations before transferring the knowledge the Saavedras acquired to the body and skin care industry, and creating Saavy Naturals, a range of natural body scrubs, soaps, and creams.
WHY IS SAAVY NATURALS SO POPULAR?
When Hugo and Debra launched Saavy Naturals nationally, their products’ vibrant colors and heady scents seemed too good to be truly organic.
The ace up their sleeve is the pioneering preservative system they invented to ensure the longevity of the organic food-grade body care line. Real, honest wellness in the form of mouth-watering and thoughtfully-crafted products.
Saavy Naturals products are good enough to eat because they contain edible flowers and herbs personally grown by the Hugo and Debra, while eschewing parabens, silicones, sulfates, phenoxyethanol, propylene glycol PEGs, petroleum products, artificial colors, and fragrances.
SHARK TANK APPEARANCE – DID IT GO THROUGH?
Hugo and Debra approached the Sharks with an initial offer of 10% of Saavy Naturals for a $220,000 investment.
While Lori Greiner clearly liked the products, Robert Herjavec, MarkCuban, and Kevin “Mr Wonderful” O’Leary passed on the Saavedras’ offer.
A literal taste of “perfume and sugar” was the clincher for Shark Barbara Corcoran who countered with $200,000 for 40% of Saavy Naturals, as well as funding for future purchase orders.
WHERE IS SAAVY NATURALS TODAY?
While the deal with Barbara ultimately fell through, Hugo and Debra Saavedra’s appearance on Shark Tank proved to be profitable in the long run.
They launched the first Saavy Naturals retail store in Pacific City California, before selling the business to Arcadia Biosciences in June 2021.
In a surprise turn of events, on 17 August 2022, a Saavy Naturals Facebook post announced the company was once again in the hands of its founders-creators, Debra and Hugo.
CONCLUSION
Saavy Naturals has come full circle after a tumultuous few years, and is back where it belongs–more successful than ever, and in the kitchen factory of its passionate creators.
The proof is in the tasting, so pamper yourself with a Tahitian Vanilla All Natural 5-Piece Organic Spa Gift Basket.
