Wee Can Shop Net Worth Shark Tank Update 2025

Kimberly and Matthew Foley saw a problem. Kids had no place to shop for gifts. They wanted to fix this. So, they made Wee Can Shop. This store lets kids pick gifts for their families. It used small carts and low shelves. It taught kids to be thoughtful. It also taught them to be responsible. The Foleys hoped the sharks would like their idea. They wanted to grow their business.

They needed help to do this. They went on Shark Tank to ask for that help. Will the entrepreneur get a deal on Shark Tank? Check out the Wee Can Shop update to find out!

Wee Can Shop Net Worth Shark Tank Update 2025

Kimberly and Matthew Foley went on Shark Tank asking for $200,000 for 30% of their company. This meant they thought their business was worth about $666,667. They did not make a deal with any Shark. The company later stopped operating and went out of business in 2012. The episode was aired on January 15, 2010, so the current net worth of Wee Can Shop is $0 in 2025.

After Shark Tank, Wee Can Shop tried to grow. They added clothes and learning items. They wanted to reach more people. They made their website better. They used social media more. This helped sales for a while. But they still had money problems. In 2012, they had to close the store. They could not keep it open. The business did not make enough money to stay open.

On Shark Tank, Kimberly and Matthew asked for $200,000. They offered 30% of their business. The sharks listened to their idea. But they had concerns. They did not think the business was strong enough. None of the sharks made an offer. Kimberly and Matthew left without a deal.

Shark(s) nameOffer & DemandCounterofferAccepted?
Barbara Corcoranout N/AN/A
Robert HerjavecOut N/AN/A
Kevin O’LearyOut N/AN/A
Daymond JohnOut N/AN/A
Kevin HarringtonOut N/AN/A

Wee Can Shop Shark Tank pitch

Kimberly and Matthew Foley loved kids. They saw that kids had no place to shop for gifts. They thought this was a problem. They wanted to fix it. They came up with an idea. A store just for kids. A place where kids could pick gifts for their families. A place that was fun and taught good lessons. They called it Wee Can Shop. Starting the store was hard. They had to find the right place. They needed a spot that parents and kids could get to easily.

They had to make the store kid-friendly. They used small carts. They put the shelves low so kids could reach them. They filled the store with items kids could buy as gifts. They also had to think about money. They needed enough to start the store. They had to plan for costs like rent and buying products. They hoped the store would make enough money to cover these costs. They also wanted to teach kids.

They wanted kids to learn about money. They let parents set budgets for their kids. This way, kids could learn to make choices. They could learn to think about what to buy. They could learn to be responsible with money. The Foleys believed in their idea. They thought it could help kids learn. They thought it could be fun for kids. They wanted to share their idea with more people.

They wanted to grow their business. They decided to go on Shark Tank. They hoped the sharks would see the value in their idea. They hoped to get help to make their business bigger.

Kimberly and Matthew went on Shark Tank. They were excited to share their idea. They told the sharks about Wee Can Shop. They explained how the store worked. Kids could use small carts. They could pick gifts for the family. The store was set up just for kids. It was fun and taught good lessons. They asked the sharks for $200,000. They offered 30% of their business in return. They wanted to use the money to grow.

They wanted to open more stores. They believed their idea could be big. They thought the sharks could help them make it happen. The sharks listened. They asked questions. They wanted to know more about the business. They wanted to understand how it worked. They wanted to know if it could make money. The Foleys answered their questions. They shared their vision. They hoped the sharks would see the potential.

The sharks had many questions. They wanted to understand the business better. Kevin O’Leary asked if parents might think the store made kids want to buy too much. Kimberly said parents liked the store. She said her parents wanted them to open more stores. Robert Herjavec asked about the store’s earnings. Matthew said profits had doubled each year for six years. But he also said they only made $13,000 last year.

This worried the sharks. They thought the profit was too low. Kevin O’Leary said the business was not making enough money. He said it needed to make $200,000 a year to be good. He and Barbara Corcoran told the Foleys to think about their plans. They thought the business was not ready to grow. Kevin Harrington said they should keep building the business before opening more stores. But he did not want to invest. Daymond John and Robert Herjavec also did not invest. They thought there was not enough information to support growth.

The sharks liked the idea. But they had concerns. They thought the business was not making enough money. They worried about the low profits. They thought the business was not ready to grow. Kevin O’Leary said the business needed to make more money. He said it should make $200,000 a year to be good. He did not want to invest. Barbara Corcoran agreed. She said the store was more like a hobby. She did not invest.

Kevin Harrington liked the idea. But he thought they should keep building the business before opening more stores. He did not invest. Daymond John and Robert Herjavec also did not invest. They thought there was not enough information to support growth. In the end, none of the sharks invested. Kimberly and Matthew left without a deal. They were disappointed. But they still believed in their idea.

What Went Wrong With Wee Can Shop On Shark Tank?

The sharks had concerns. The business was not making enough money. The profit was too low. The sharks thought it was too early to grow. They thought the business needed more time to develop. The sharks are also worried about the market. They were not sure if enough parents would bring their kids to the store. They thought the idea might not work in many places. They were not sure if the business could be big.

The Foleys did not have strong answers to these concerns. They believed in their idea. But they did not have the numbers to back it up. The sharks needed more proof. Without it, they did not want to invest.

Product Availability

Wee Can Shop was a special store. It was made just for kids. Kids could use small carts. They could pick gifts for the family. The store had many items. There were toys, books, and personalized gifts. The store also had clothes and learning materials. It was a fun place for kids. It also taught them about money. Parents could set budgets for their kids. This helped kids learn to make choices. It taught them to be responsible with money.

The store also hosted birthday parties. Kids could shop with friends. They could pick gifts and wrap them. It was a fun and educational experience. Wee Can Shop had a website. They used social media to connect with customers. They wanted to reach more people. They wanted to make shopping fun for kids everywhere. But the business had money problems. They could not keep the store open. In 2012, they had to close. The website and social media are no longer active. The products are not available anymore.

Conclusion

Kimberly and Matthew Foley had a big idea. They wanted to help kids learn to give. They made a store just for kids. They went on Shark Tank to get help. The sharks did not invest. After the show, they tried to grow the business. They added more products. They made their website better. But they had trouble making enough money. In 2012, they had to close the store. Their idea was good. But it was hard to make it work.