Mo Bro’s Net Worth 2022 – What happened After Dragon’s Den
The Dattani brothers have a passion for the ‘Mo’ and beard grooming industry. After taking part in the Movember challenge and realizing their beards were not up to scratch they came up with the idea for Mo Bros.
They turned their passion for good-looking, full, and healthy beards into a product and had great success on their own.
They appeared on Dragon’s Den by invitation and scored a mega investment that took them to the next level in their business: global distribution.
What Is Mo Bros?
Mo Bros offers a wide variety of beard grooming supplies from kits, to oils, to waxes, to accessories, and much, much more. A personalized kit with your name on it can also be purchased.
The beard oils are specialized and help with different issues such a wild-looking beard like Keval’s used to be, an itchy one like Kunal’s, or a patchy on like Savan’s.
The products come in different scent ranges such as Cedarwood, Sandalwood, and Vanilla and Mango.
Who Are The Owners?
Mo Bros is owned by the three Dattani brothers, Kunal (itchy), Keval (scratchy), and Savan (patchy).
Each brother does his own business as well, such as Keval who is an author and entrepreneurial speaker.
The Dragon’s Den Pitch
Mo Bro’s nearly backed out of their Dragon’s Den appearance several times.
However, with the change of some Dragons and the entrance of Tej Lalvani they knew they needed to be on the show and went through with it.
Their delivery was smooth and effortless. It was rehearsed but not forced or patronizing. The Bros had a personalized box for each Dragon with a selection of products that the Dragons could test.
The Dragons gave the three Bros a grilling on the financial side. However, the Bros came out swinging with their impressive numbers.
The Bros were asking for £150 000 for a 5% stake. Apart from Touker Sulieman, every Dragon made an offer. The big ones were from Tej Lalvani and Peter Jones.
The Investments
Lalvani offered the full amount for a 20% stake which would reduce to 10% if his stake was bought back within two years. He said he was happy to go in with another Dragon.
Peter Jones offered the full amount for a 25% stake and access to his distribution and e-commerce contacts. He also said he was happy going in with another Dragon.
The Bros deliberated and countered with £75 000 for a 10% stake from both Lalvani and Jones. The pair of Dragons agreed and went into business with the Bros.
Watch how it went down here.
Are They Still In Business?
Mo Bro’s is still in business and that busines is booming! Their products are available online from their website.
They are also available from a number of other distributors such as KLM, moonpig.com, MenKind, Thomas Cook, and Harding Retail.
They have a fun and informative YouTube channel where they post about how to use their products and get the beard that you want.
Conclusion
The Three Mo Bros: Kunal, Keval, and Savan broke into the market in facial hair grooming in a Big Way on their own.
With the help of Tej Lalvani and Peter Jones’ investments, Mo Bro’s has gone global and reached new successes.
By your personalized beard grooming kit from their website now!
