Bottle Breacher Shark Tank Net Worth 2023 | Bottle Breacher Shark Tank Updates

Bottle Breacher Net Worth

When Elijah and Jen appeared on Shark Tank, they were seeking a $150,000 investment in exchange for a 10% stake in their company, Bottle Breacher. This investment would have valued their company at $1.5 million.

However, after the Sharks heard about the potential of the company and its unique product, two of them made an offer. Kevin and Mark offered the same amount of investment, $150,000, but in exchange for a 20% stake in the company, which would value the company at $750,000.

After considering both offers, Elijah and Jen decided to accept the deal with Kevin and Mark, which would provide the necessary capital to expand the business and meet the growing demand for their product.

What Bottle Breacher and Who Founded Bottle Breacher?

Bottle Breacher is a company that specializes in selling customized bottle openers made from .50-caliber bullets, and it is operated and owned by veterans.

The idea for Bottle Breacher was sparked when Eli Crane, the founder, and CEO of the company, received a gift from his brother upon returning from deployment. The gift was a bottle opener made from a dummy bullet, which Eli appreciated but felt could be improved upon.

Driven by his fascination with the concept, Eli embarked on a mission to design and manufacture a better version of the bottle opener. His vision resulted in the creation of a highly popular and unique gift item that has gained worldwide recognition.

Elijah Crane, a former Navy SEAL who later became an entrepreneur, is the mastermind behind the creation and success of Bottle Breacher.

Bottle Breacher the Shark Tank Pitch

Bottle Breacher is a company that was founded by Elijah Crane in 2012, selling custom-engraved bottle openers made from .50-caliber bullets. The company’s products are handcrafted by Active Duty, Reservists, and Veterans, and each opener is hand polished and powder-coated. Personal engraving is also available for unique gifts.

During the Shark Tank pitch, Elijah and his wife, Jen, sought $150K for a 10% stake in the company, which valued the company at $1.5 million. They presented the product and claimed to have created the best bullet bottle opener on the market.

Each Shark received a beer and a customized opener. They disclosed that their cost, including labor, is $9.03, and they had $500,000 in sales, with expectations of over $800,000 for the year.

Mr. Wonderful liked the product and offered $150K in exchange for a 20% discount. Other Sharks also made offers, but Elijah accepted a $150K for 20% agreement from Kevin and Mark, splitting the money equally between them.

After the show aired, Bottle Breacher’s website crashed due to the overwhelming demand, and they received orders for 60,000 pieces. They increased their production from 175 to over 1000 pieces per day and expanded their workforce from 8 to 32 personnel.
Despite some logistical issues, the company has made $4.2 million in sales since teaming up with Kevin and Mark, and they continue to sell their products worldwide.

Bottle Breacher Net Worth

Elijah approaches Shark Tank with Jen, seeking $150K for a 10% stake in the company. This brings the company’s valuation to $1.5 million.

They accepted an offer from Kevin and Mark of $150,000 for a 20% stake, which equates to a $750,000 valuation.

Bottle Breacher Competitors

Competitors of Bottle Breacher include;

Babel Gifts, Metal Badge, Shuen Fuh Enterprise, Brightway Gifts, QUIKO, Micanan, Manaras-Opera and Door.

Bottle Breacher Shark Tank Updates

Bottle Breacher is a line of bottle openers made from 50-caliber recycled bullets. The company was founded by Eli Crane and Jen Crane, who appeared on Shark Tank in season 6.

They asked for $150,000 for 10% equity and received a deal with Mark Cuban and Kevin O’Leary for $150,000 for 20% equity.

Since appearing on Shark Tank, Bottle Breacher has experienced rapid growth. As of October 2015, the company had made $5 million in sales and was reinvesting in the business, hiring more employees and veterans to keep up with demand.

In an update segment in season 6, Mr. Wonderful (Kevin O’Leary) alluded to logistical issues that the company had experienced.

Overall, Bottle Breacher has been successful since appearing on Shark Tank. The company has grown rapidly and received a deal with two Sharks. They have also faced some challenges, but have continued to reinvest in the business and expand their product line.

Bottle Breacher Summary Table

CATEGORY	DETAILS
What is Bottle Breacher?	Bottle Breacher is a company that sells customized, handcrafted bottle openers made from .50-caliber bullets. It is owned and operated by veterans.
Founders	Elijah Crane, a former Navy SEAL, is the mastermind behind the creation and success of Bottle Breacher.
Shark Tank Pitch	Elijah and Jen sought a $150K investment for a 10% stake in the company, which valued it at $1.5 million. Kevin and Mark offered $150K for a 20% stake, and the offer was accepted.
Competitors	Babel Gifts, Metal Badge, Shuen Fuh Enterprise, Brightway Gifts, QUIKO, Micanan, Manaras-Opera, and Door.
Net Worth	The company’s valuation was initially $1.5 million and became $750K after Kevin and Mark’s investment. The company has made $4.2 million in sales since teaming up with Kevin and Mark.
Shark Tank Updates	Bottle Breacher has experienced rapid growth since its appearance on the show. As of October 2015, the company had made $5 million in sales and was reinvesting in the business, hiring more employees and veterans to keep up with demand.
FAQs	Bottle Breacher is a handcrafted bottle opener made from 50 caliber dummy ammunition, and it is designed to be easy to use and durable. The company’s name is inspired by the military term for the person responsible for forcing open closed or locked doors.

Bottle Breacher FAQS

What Is Bottle Breacher And How Does It Work?

Bottle Breacher is a hand-crafted bottle opener made from 50 caliber dummy ammunition. It was created by Eli Crane, a former Navy SEAL, and his wife Jen Crane. The name “Breacher” comes from the military term for the person who is responsible for forcing open closed or locked doors.

The Bottle Breacher is made from inert ammunition, which means it has no explosive charge. The product is a conversation starter and a unique gift or promotional item.

To use the Bottle Breacher, you place the end of the bullet casing on the top of the bottle cap and apply pressure to the other end of the casing. This will pop the cap off the bottle. The Bottle Breacher is designed to be easy to use and durable.

Since appearing on Shark Tank and receiving an investment from Kevin O’Leary, the company has grown rapidly and has expanded its product line to include custom and wholesale orders.

The company has also donated a portion of its profits to veteran charities. As of 2018, the company had reached $17 million in sales.

Who began Bottle Breacher?

Bottle Breacher’s husband-and-wife entrepreneurs, Eli and Jen Crane, attribute most of their success to the United States armed troops.

Bottle Breacher, situated in Tucson, Arizona, was founded in 2013 and is a veteran-owned and controlled company that offers custom-engraved bottle openers manufactured from.50-caliber bullets.

What Was The Outcome Of The Bottle Breacher Shark Tank Pitch?

Bottle Breacher appeared on Shark Tank in season 6 and received a $150,000 investment from Kevin O’Leary in exchange for 20% equity, shared equally between O’Leary and Mark Cuban. The company grew rapidly after appearing on the show and is now closing in on $17 million in sales.

According to a 2015 update, the company was reinvesting in the business and hiring more employees to keep up with demand. The update also mentioned that there were no other bullet-shaped bottle openers on the market.

What Happened To Bottle Breacher After Its Appearance At The Shark Tank?

After appearing on Shark Tank, Bottle Breacher experienced a surge in demand and sales. The company grew rapidly and was reinvesting in the business, hiring more employees and veterans to keep up with the demand of their product.

According to a 2023 update, the company continued to grow quite rapidly after being on Shark Tank1. The net worth of Bottle Breacher is above $5 million as of 2023.

The company has expanded its product line and has become a huge hit with people worldwide, creating jobs in the United States. The Bottle Breacher is made from decommissioned once-fired ammunition rounds, making them completely safe.

Bottle Breacher aired on Shark Tank during which season?

Bottle Breacher was on Shark Tank in Season 6 Episode 8?

When was Bottle Breacher aired on Shark Tank?

Bottle Breacher founders Eli and Jen Crane appeared on Shark Tank in November 2014, making a deal with famed Sharks Kevin O’Leary and Mark Cuban.

Since its debut on Shark Tank, the firm has been extremely successful, with revenues approaching $17 million.

Where can they find Bottle Breacher?

Bottle Breacher LLC is in the Forging and Stamping Industry and is based in Tucson, Arizona.

Where is Bottle Breacher manufactured?

Bottle Breacher is manufactured in Arizona and some parts of the United States.

How does it make money?

Bottle Breacher sells standard products like the bullet bottle opener (BBO), niche products like custom bullet keychains, and full custom produced items like bullet bags, key rings, carabiners, and more.

Where does Bottle Breacher sold?

Bottle Breacher products are sold on their website, Amazon, and through distributors.

When was Bottle Breacher founded?

Bottle Breacher was founded in 2013 as a veteran-owned and operated small business.

How many employees does Bottle Breacher have?

Bottle Breacher employs over 32 people, with most of their production occurring in Tucson, Arizona.

Is it possible for their Breacher to tarnish or rust?

Because their Breachers are made of true brass, they will tarnish with time, especially if stored in a kitchen drawer.

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Do they have a phone number where they may reach them?

They do not presently provide phone assistance since they believe that email provides the finest customer service. They respond to every email that is sent to them.

Do they provide volume discounts for large orders?

Depending on the nature of their order, they offer a variety of discounts.

Please email corporate@BottleBreacher.com if they wish to buy corporate gifts or a large order for a non-profit.

Is it possible to alter their order once they’ve placed it?

They try their best to send orders as soon as possible, thus the window for making modifications or cancelling orders is quite limited.

Please inform them as soon as possible, and they will do their best to make the necessary changes, as long as the order has not been returned to production.

They are unable to cancel or amend their order once it has been returned to production, even if it has not yet arrived.

What is net worth of Eli Crane?

Currently there is no update about his worth.

What was Eli Crane’s invention?

50-caliber ammo Eli Crane, a former Navy SEAL, was inspired to create the Bottle Breacher after his brother, Gabe, a Marine who flew SuperCobra helicopters, handed him a similar device he discovered in the Philippines.