Doc Spartan Shark Tank Update | Doc Spartan after Shark Tank
What is Doc Spartan?
Doc Spartan is a firm that produces and distributes male, female, and animal hygiene products. These items include: underarm deodorants, scented and unscented soaps and scrubs, beard care oils, butter, and soaps, skincare products, and pet care products for the four-legged buddy.
Dale King and Renee from Portsmouth established Doc Spartan. The desire to create natural items with therapeutic properties sparked the concept for the firm. Furthermore, they should only provide these things to their family, friends, and clientele.
It then expanded as a direct result of the opioid addiction crisis in both Dale’s and Renee’s hometowns of Portsmouth. While dealing with clients in recovery, they recognized that addiction is only the first step toward complete recovery.
The next stage was to find work and a consistent income. As a result, they decided to increase their product manufacturing and recruit additional people.
One of their first workers was a young guy who had recovered from addiction but was facing an uncertain future.
Who is the founder of Doc Spartan?
Dale King and Renee from Portsmouth founded Doc Spartan. Dale’s cross fit facility, PSKC Cross Fit, was where the two buddies first met. Dale served in Operation Iraqi Freedom, and Renée is married to a retired military helicopter pilot.
Dale once requested Renée, a mother of three, to create some ointment for the gymgoers that could also be used as first aid for cuts and scrapes in the field.
Doc Spartan’s flagship product is their Combat Ready Ointment. It cures wounds and scrapes that might develop when working out or simply doing hard labor.
Combat Ready ointment is available in a large container, a chapstick-style dispenser, or a roll-on deodorant-style dispenser.
Doc Spartan increased its product line to include all-natural deodorants, soaps, scrubs, and beard care goods.
All of their products are natural mixes made with coconut and other essential oils. The goods are reasonably priced and are available online through Amazon, on the Doc Spartan website, and in certain retail locations.
What Happened to Doc Spartan at Shark Tank pitch?
Dale and Renée decided to pitch their product to Shark Tank investors on episode 16 of Season 8 in order to help expand their retail reach.
Renée and Dale appear on Shark Tank in seeking of $75,000 for a 15% stake in their company, which is valued at $500,000. Dale inquires of the Sharks how many times they have cut themselves. He even inquires about paper cuts from counting $100 bills with Kevin O’Leary!
They explain that Doc Spartan is a natural first aid ointment that heals quickly. Dale then starts to serve out samples while making fun with the Sharks.
They share the narrative of how they created their product for the first time. When Robert Herjavec inquires about how it works, Dale displays before and after photographs of a cut, which impresses the Sharks.
They inform Robert Herjavec that they want to see their product in the first aid section of retailers. So far, it’s only been available at a few gyms, tattoo shops, and online. A tin of ointment costs $0.95 to create and costs $9.99 to sell. In 11 months, they’ve made $56,000 in sales.
Lori Greiner is perplexed by the package. Mark Cuban believes they haven’t done enough homework and quits immediately.
Daymond John argues Lori Greiner knows more about testing and claims than the other Sharks; he doesn’t, therefore he exits. Lori Greiner expresses her concerns and walks out as well. Kevin O’ Leary says he enjoys the product but that it isn’t investable, so he exits as well.
Robert Herjavec is a fan of the product as well as Dale and Renée. He offers $75,000 in exchange for 25% of the company’s equity. Dale responds with a 20% stake, but Robert Herjavec declines.
Dale counters by offering that if they accept; Robert Herjavec will purchase the first beer. Robert Herjavec agrees, and they close the deal, and they eventually leave the pitch with a deal.
What Happened to Doc Spartan after Shark Tank?
The deal with Doc Spartan and Robert was finalized after the show aired on Shark Tank. They sold almost 4000 units in a week after the initial air date.
They are working with Robert to get their items into PX stores on military sites. They also visit a lot of trade exhibitions.
They’ve updated their Amazon storefront and expanded their personal care product range. The firm is still in existence in November 2021, with annual revenue of $1 million.
Competitors of Doc Spartan
Doc Spartan competes with A1 Skincare.
Net Worth of Doc Spartan
The firm was valued at $500,000 during the pitch, after the investment done by Robert Herjavec the company valued at $300,000. In 2021 the firm has an estimate net worth of $2.5 million.
Doc Spartan FAQs
What is Doc Spartan?
Doc Spartan is a firm that produces and distributes male, female, and animal hygiene products. These items include: underarm deodorants, scented and unscented soaps and scrubs, beard care oils, butter, and soaps, skincare products, and pet care products for the four-legged buddy.
Who is the founder?
Dale King and Renee from Portsmouth established Doc Spartan. The desire to create natural items with therapeutic properties sparked the concept for the firm.
How much were they asking on Shark Tank?
Doc Spartan was asking for $75,000 for 15% stake in their company at value of $500,000.
Did they get the deal?
Yes, the firm got their deal with Robert Herjavec for $75,000 for 25% stake of the company.
Is Doc Spartan still in business?
Yes, the firm is still in business in November 2021
Where is Doc Spartan from?
Doc Spartan is from the Portsmouth, United States of America.
What is each of Doc Spartan’s products?
Combat Ready Ointment: Combat Ready ointment is a cure for minor cuts and scrapes, as well as a perfect first aid lotion that can be used in the field by military personnel.
Is Doc Spartan successful?
Yes, they’ve made $1 million in sales within a year.
What is Doc Spartan’s business model?
The firm’s business model is a product-based one. They use their medicinal ointment as a base and expand their product line to include all-natural deodorants, soaps, scrubs, and beard care goods.
Why did Dale and Renee want to get on Shark Tank?
They wanted to be aired on the show because it would give the firm more publicity and increase their retail reach.
Where do I buy Is Doc Spartan?
Customers can buy their products on their website and through retailers including Amazon.
Is Doc Spartan a scam?
Doc Spartan is not a scam as they have been around for quite some time. The firm has been in the business for nearly 20 years, selling over $1 million of goods in a year.
Are the products safe for humans and pets?
The products are natural, created with essential oils, and not likely to cause any allergies or irritation. The firm uses chemicals that are FDA approved for the production of the goods.
Does Is Doc Spartan accept PayPal?
The firm accepts PayPal for all of their purchases.
How Do I contact Doc Spartan?
Consumers can get in touch with Doc Spartan by visiting their website www.docspartan.com or calling them on 740.353.4875 or email at [email protected]
What is the net worth of Dale King?
Dale King net worth is $700,000.
What is the net worth of Renee Wallace?
Renée Wallace net worth is $400,000.
