Little Burros Net Worth

March 13, 2023

Little Burros Net Worth

Founded by father-daughter duo Bob and Mollie Thorsen, Little Burros is a gardening accessory that helps in maximum organization enabling four to seven cubic foot wheelbarrows. It includes a tray that holds extra tools and beverages, long and short handle tool holders, and a waterproof pocket for personal electronic devices.

The product was invented while Bob was helping his wife in the garden and he initially created the idea using cardboard and duct tape. After showing his family the product, they encouraged him to make it a commercialized item.

On Shark Tank, Bob and Mollie pitched their product to Kevin and Lori. They were seeking a $250,000 investment in return for a 10% stake in their company, which was worth $2.5 million at the time.

They rejected both offers but still wanted to bring their business back on track after losing one of their daughters, Becca. In memory of her, the Thorsen family transferred a 10% share of their company to A21, a non-profit organization that combats human trafficking.

A Limited Lifetime Warranty

In addition to their innovative gardening tool, Little Burros also provides a limited lifetime warranty on all its frames and welds. If a customer is dissatisfied with the product, they can send it back within 30 days for a full refund.

Aside from their products, the company is also active on social media platforms. Their Facebook page is regularly updated and they are also quite active on Twitter.

Mission

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