Critter Pricker Shark Tank Net Worth
Joseph Balistreri is a participant in the television show Shark Tank and is seeking investment in his company.
He is requesting $115,000 from the Sharks in exchange for a 15% stake in his company. Based on his company’s current performance, he is estimating the value of his company to be $766,667.
What is Critter Pricker and Who Founded Critter Pricker?
Critter Pricker is a device that is both compassionate and affordable, designed to deter raccoons and other nuisance animals from entering unwanted areas.
The Critter Pricker strips are made of durable polypropylene plastic and are intended to keep animals out of places such as swimming pools, garbage cans, hunting feeds, and attics.
Joseph Balistreri founded Critter Pricker in 2010 after starting his career in pest management. Given his experience with animal-related issues, he wanted to develop an innovation that could help prevent these problems.
Balistreri has owned and operated his own pest control business in Boca Raton, Florida since 2010, where he provides traditional pest control services as well as removing nuisance animals like raccoons from people’s homes.
Critter Pricker’s mission is reflected in its tagline – they are committed to developing effective animal control methods. Joseph Balistreri is the founder of Critter Pricker.
Critter Pricker the Shark Tank Pitch
During the pitch, Joe sought $115,000 for a 15% stake in his company with a $766,667 valuation. He provided free samples while explaining the product to the Sharks.
The product is manufactured at $8.99 and retails for $27.99 to $32.99, with Joe claiming that he had made around $80,000 in sales that year and had recently sold out at a trade show.
While Mark was interested, he was apprehensive about the potential consequences and withdrew from the deal. Barbara was also hesitant due to product liability concerns and did not make an offer.
Daymond was concerned about how his dogs would react, so he also declined the offer. Lori shared her concerns about potential injuries to people, leading her to exit the deal.
The only remaining shark was Mr. Wonderful, who recognized the product’s potential but was unhappy with the company’s valuation. Despite this, he offered Joe exactly what he was seeking: $115,000 for 15% of the company and $2.50 per unit sold for the rest of Joe’s life. Joe accepted the offer, resulting in a valuation of $766,667.
After the Shark Tank pitch, the deal with Mr. Wonderful did not come to fruition, perhaps due to the availability of numerous comparable products online.
Critter Pricker’s website has been updated since the episode aired, but the product is still available on Amazon. As of November 2021, the company is still operating and generating less than $1 million in annual revenue.
Critter Pricker Net Worth
Joseph Balistreri enters Shark Tank looking for $115,000 for a 15% stake in his company, assuming a $766,667 valuation.
Critter Pricker Competitors
Critter Pricker is similar to most pest deterrents on the market. They includes; Critter, Ridder, The Raccoon Trap and Scat Mat.
Critter Pricker FAQS
Is it true that Critter Pricker landed a deal on Shark Tank?
Critter Pricker accepts $115,000 from Kevin O’Leary in exchange for a perpetual royalty of 15% + $2.50 per unit.
Is the Critter Pricker a going concern?
On Amazon, Critter Prickers are still available. As of November 2021, the company is still operating with annual revenue of less than $1 million.
What exactly is a Critter Pricker?
Critter Pricker is a patented humane and cost-effective raccoon and other nuisance animal prevention equipment.
The California critter control strips are composed of durable polypropylene plastic and keep animals out of undesirable locations such as pools, garbage cans, hunting feeders, and attics.
When was Critter Pricker aired on Shark Tank?
It was aired on 27, March 2020.
Which episode of Shark Tank was Critter Pricker aired?
It was on season 11 episode 17.
How can they contact Critter Pricker Company?
If they intend to contact the Critter Pricker company, send them an email on [email protected], make sure to include their contact number for quick response.
Where can they buy Critter Pricker Shark Tank?
They can get their hands on the product by purchasing it online at their website www.critterpricker.com.
How do they make money?
They generate revenue from the product sales and marketing services.
How does Critter Pricker works?
The Critter Pricker will work by preventing raccoons and other nuisance animals from gaining access to their home.
The strips are made of strong polypropylene plastic and are designed to keep animals out of areas where they should not be, such as pools, garbage cans, hunting feeds, and attics.
Who founded Critter Pricker?
The Critter Pricker was the brainchild of Joseph Balistreri, a former pest control manager with a strong background in animal problems.
How old is Critter Pricker?
The Critter Prickers were created by Joseph Balistreri in 2010, and have been sold since then.
The company’s goal is to help human beings to prevent house pests from entering their homes.
The critters are prevented from accessing areas that they should not be, such as garbage cans, fishing feeders and attics.
What is the net worth of Critter Pricker?
Joseph Balistreri entered Shark Tank looking for $115,000 for a 15% stake in his company, thus valuing his company at $766,667.
Is Critter Pricker a publically traded company?
Critter Pricker is not a publically traded company.
Where is Critter Pricker located?
The Company is based in Boca Raton, South Florida
What is the price of Critter Pricker?
Each Critter Pricker unit costs $8.99 to manufacture and retails for between $27.99 and $32.99.
What is Joseph Balistreri net worth?
Currently there is no update about his worth.
What happen to Critter Pricker after the Shark Tank?
The company is still operating with annual revenue of less than $1 million.
Are there any products similar to Critter Pricker?
Yes, there are many products that are similar to Critter Pricker. Check out its competitors like Critter Ridder, The Raccoon Trap, and Scat Mat.
What are the benefits of buying Critter Pricker?
When they purchase this device they will be having a humane trapping alternative that is capable of repelling raccoons, skunks, opossums and other nuisance animals before they can damage their home.
It features special plastic strips that make for an inexpensive way to keep raccoons away from their property.