Eggmazing Egg Decorator Net Worth
Eggmazing Egg Decorator is a company that appeared on Shark Tank and has a net worth of $5 million. They have sold over $12 million in retail sales since appearing on the show. The company was founded by Curtis and Scott, who were looking for $350,000 for a 7% stake in their company.
What is Eggmazing Egg Decorator and Who Founded the Eggmazing Egg Decorator?
The Eggmazing Egg Decorator is a tool for decorating eggs that eliminate the mess and hassle associated with traditional egg decorating methods used during Easter.
This egg decorating kit does not contain any dyes or vinegar. Instead, a hard-boiled egg is placed on a battery-powered egg holder that rotates the egg while the user decorates it with non-toxic markers of various colors provided with the kit.
Co-founders of the Eggmazing Egg Decorator are Curtis McGill, Chief Financial Officer, and designer and CEO Scott Houdashell. Scott developed the idea for the Eggmazing Egg Decorator when he observed the mess that was being created by his nieces and nephews while decorating Easter eggs in 2015.
Scott spent the remainder of the year developing several prototypes and finally had a functional model ready by the spring of 2016. The brightly colored, egg-shaped container spins a hard-boiled egg around, and non-toxic colored markers are applied to the egg, resulting in vivid patterns as it turns.
Scott’s family and friends tested the gadget when painting Easter eggs that year, and it was a huge success.
Encouraged by the reaction, Scott sought out tooling and manufacturing specialists and created a Facebook page for the Eggmazing Egg Decorator on May 4, 2016, which immediately drew attention and positive comments.
On November 16, 2016, he launched a Kickstarter campaign to fund the development of the Eggmazing Egg Decorator. The campaign exceeded its $5,000 target and raised $7,736 from 147 backers.
The first 10,000 units were produced on March 1, 2017, and the Eggmazing Egg Decorator was featured on several television shows.
Each Eggmazing Egg Decorator retails for $29.99 and includes eight markers. Batteries and eggs are not included. Both Curtis McGill and Scott Houdashell continue to serve on the company’s board of directors.
Eggmazing Egg Decorator Shark Tank Pitch
In Shark Tank Season 9 Episode 23, Curtis and Scott were seeking $350,000 for a 7% stake in their business, which valued the company at $5 million. They presented their product as a fun and clean alternative to the traditional egg dyeing process, which had remained unchanged for decades.
The Sharks were intrigued and curious about how they came up with the idea. Scott had been coloring eggs with his kids using vinegar and dye tablets in 2015 but wanted to find a better alternative. He started working on the first prototype using a glue gun and electric screwdriver.
The Eggmazing Egg Decorator proved to be a hit, selling all 10,000 units in just 23 days and earning $150,000 in profits. They received $1.2 million in purchase orders for the next Easter and had a cost of $4.71 landed in packing, selling for $12.50 wholesale.
They also had a sibling product called The Treemendous Ornament Decorator, which cost $29.99 and had three decorations and eight markers.
The Sharks made various offers, with Lori’s offer of $100,000 plus a $250,000 loan at 7% in exchange for 12.5% of the company being accepted by Curtis and Scott.
Since then, the Eggmazing Egg Decorator has been sold in stores such as Walmart, Target, and Amazon. The company made $12 million in sales in the calendar year after the initial air date and introduced new Christmas and Halloween kits, as well as a dinosaur egg decorating kit.
The Eggmazing Egg Decorator is currently priced at $29.99, while The Treemendous Ornament Decorator is priced at $34.99.
The company’s sales increased dramatically in 2020, with Walmart sales up by 226% and Amazon sales up by 4400%. The company is still in operation as of November 2021, with yearly revenues of $3 million.
Eggmazing Egg Decorator Net Worth.
Curtis and Scott from Shark Tank Season 9 Episode 23 are looking for $350,000 for a 7% stake in their company. This equates to a $5 million valuation. They accepted an offer from Lori of $350,000 for a 10% stake plus a $2 royalty until she repays back.
Eggmazing Egg Decorator Competitors
There is a competitor identified for Eggmazing Egg Decorator.
Eggmazing Egg Decorator Updates
Eggmazing Egg Decorator is a unique decorating kit for eggs that was presented on Shark Tank by Curtis McGill and Scott Houdashell during Season 9. The product is patent-pending and costs $29.99, which includes eight markers.
The Eggmazing Egg Decorator is a battery-operated series of rubber wheels that spin the egg in circles. All you have to do is hold a magic marker on the spinning egg, and every egg is different. The company managed to raise about $8,000 through Kickstarter before fully launching before Easter 2017.
Eggmazing has introduced new themed kits for other holidays, including Christmas, and sells in a variety of retail stores like Target and Walmart. Customers can also purchase egg decorating kits from Amazon’s online store.
Eggmazing’s sales at Walmart and Amazon increased by 266% and 4,400%, respectively, from 2019 to 2020, and it was “selling out everywhere”.
The company has also introduced new additions to the Eggmazing Egg Decorator for the 2023 Easter season, including pastel blue and purple egg decorators and a new wooden craft egg to decorate.
It is unclear if Eggmazing has received any additional funding or made any significant updates to its product since appearing on Shark Tank. However, the company’s success in retail stores and online sales suggests that it has been able to grow and expand its product line.
Eggmazing Egg Decorator Shark Tank Table Summary:
INFORMATION | DESCRIPTION |
Company Name | Eggmazing Egg Decorator |
Founders | Curtis McGill and Scott Houdashell |
Product Description | Tool for decorating eggs without mess and hassle of traditional egg decorating methods |
Net Worth | $5 million |
Retail Sales | Over $12 million |
Shark Tank Investment | $350,000 for a 7% stake |
Shark Tank Valuation | $5 million |
Offer Accepted by Sharks | Lori’s offer of $350,000 for a 10% stake plus a $2 royalty until she repays back |
Products | Eggmazing Egg Decorator, The Treemendous Ornament Decorator, and dinosaur egg decorating kit |
Pricing | Eggmazing Egg Decorator – $29.99, The Treemendous Ornament Decorator – $34.99 |
Competitor | Not mentioned in the text |
Sales | $12 million in the calendar year after the initial air date; Sales increased by 226% and 4400% in Walmart and Amazon respectively in 2020 |
Revenues | $3 million yearly revenues as of November 2021 |
Eggmazing Egg Decorator FAQS
What Is Eggmazing Egg Decorator?
The Eggmazing Egg Decorator is a device that provides a unique and mess-free way to decorate Easter eggs. It uses a spinning action to create colorful designs on hard-boiled eggs.
The device is easy to use – simply place a hard-boiled egg into the machine, turn it on, and place a marker to the spinning egg to create a design. The Eggmazing Egg Decorator comes with 8 colorful markers that are both non-toxic and fast-drying for the best decorating experience.
The device is a staple craft item in households that are looking for a new and fun way to decorate Easter eggs with the entire family.
The Eggmazing Egg Decorator was invented by Scott Houdashell, who loves decorating Easter eggs but hates the mess it creates. In 2015, he began tinkering with the idea of making egg decorating easier and more fun.
After nearly a year of fiddling and testing, he sourced a manufacturer and got ready to go into production. To get going, he used a successful Kickstarter campaign that raised $7,736 in December 2016. He executed well and had the Eggmazing Egg Decorator in customer’s hands by Easter 2017.
The Eggmazing Egg Decorator costs $29.99 and comes with 8 markers. Eggs and batteries are not included. The product is patent-pending.
The Eggmazing Egg Decorator was featured on Shark Tank in episode 921, where Curtis McGill and Scott Houdashell pitched their product to the Sharks. Lori Greiner made a deal with the entrepreneurs and the Eggmazing Egg Decorator is now widely available.
How Does Eggmazing Egg Decorator Works?
The Eggmazing Egg Decorator is a device that uses a patented spinning action to create colorful designs on Easter eggs. The device is battery-operated and has a series of rubber wheels that spin the egg in circles.
To use the Eggmazing Egg Decorator, a cooled hard-boiled egg is placed in the opening of the device, and the device is turned on. The on/off switch is located on the side of the unit. Once the device is on, it starts spinning the egg, and the provided markers are used to draw around the egg as it is spinning.
The kit includes eight non-toxic markers that can be used to create endless designs.
The Eggmazing Egg Decorator is a mess-free way to decorate Easter eggs. It does not require any dyes or water, and it is easy to use. The device is suitable for all ages, and it is a great DIY craft for the entire family to use all year long.
The Eggmazing Egg Decorator kit includes the main spinner, eight fast-drying, non-toxic markers, and requires three AA batteries that are not included. The device is patent-pending, and it costs $29.99.
The Eggmazing Egg Decorator was created by Curtis Houdashell, who used a successful Kickstarter campaign to raise $7,736 in December 2016 to go into production.
The Eggmazing Egg Decorator was in customers’ hands by Easter 2017. The device is not only used for Easter eggs, but it can also be used to create Christmas tree ornaments using a similar design.
What Happened To Eggmazing Egg Decorator After Shark Tank?
The Eggmazing Egg Decorator is an egg decorating kit that eliminates the mess and stink of traditional Easter egg decorating. The product was pitched on Season 9 of Shark Tank by Curtis McGill and Scott Houdashell, who were seeking an investment of $350,000 in exchange for 7% equity.
After receiving several offers, they accepted Lori Greiner’s offer of $350,000 for 10% equity plus a $2 royalty on each until she’s paid back.
Since appearing on Shark Tank, the Eggmazing range has grown from two products to 15, including a dinosaur egg decorating kit and refills for components like markers and “mystery” creatures to go inside the dinosaur eggs.
The company has also expanded its product line to include the TreeMendous Christmas Tree Ornament Decorating Kit. In 2019, a year after Eggmazing’s appearance on Shark Tank, the company made $12 million in sales.
The Eggmazing Egg Decorator is still in operation and has a net worth of $5 million. The company has sold over $12 million in retail sales since its appearance on Shark Tank. The company has expanded its product line to include the DinoMazing Egg Decorating Kit, which includes hidden dinosaurs.
What Is The Current Valuation Of Eggmazing Egg Decorator?
The current valuation of Eggmazing Egg Decorator is not provided in the given search results. However, it is known that on Shark Tank, Curtis McGill and Scott Houdashell, the creators of Eggmazing Egg Decorator, received an offer of $350,000 for 7% equity from Lori Greiner.
They also received an offer of $350,000 for 10% equity plus a $2 royalty per unit sold from Kevin O’Leary. Eggmazing Egg Decorator is a unique spinning action decorator that easily creates endless, colorful designs on Easter eggs.
It is a great DIY craft activity that is non-toxic, has no dyes, and no smells, making it safe for all ages.
Is Eggmazing Egg Decorator Still In Business?
Yes, Eggmazing Egg Decorator is still in business as of 2023. The company has experienced significant growth since appearing on Shark Tank in 2018. In the calendar year following the original air date, the company did $12 million in sales.
The device’s sales at Walmart and Amazon increased by 266% and 4,400%, respectively, from 2019 to 2020. The Eggmazing Egg Decorator is now widely available at Walmart, Target, and on Amazon. Each Eggmazing Egg Decorator retails for $29.99 and includes eight markers.
The company also offers the Treemendous Ornament Decorator for $34.99. Co-founders Curtis McGill and Scott Houdashell continue to serve on the company’s board of directors.
What is Eggmazing Egg Decorator?
The Eggmazing Egg Decorator is an egg decorating kit that removes the stench and clutter associated with traditional Easter egg decoration.
It contains no dyes or vinegar. Instead, simply place a hard-boiled egg on a battery-powered egg holder, which rotates the egg while the user decorates it with the provided markers of various colours.
Who is the founder of Eggmazing Egg Decorator?
The Eggmazing Egg Decorator was designed by co-founders Curtis McGill, Chief Financial Officer, and designer and CEO Scott Houdashell.
How much were they seeking in the Shark Tank?
Curtis and Scott were seeking $350,000 for a 10% stake, meaning a $5 million valuation.
Did they get the deal from the Shark Tank?
They got an offer from Lori Greiner of $350,000 for 10% stake plus $2 royalty until she is repaid back.
What episode of Shark Tank was The Eggmazing Egg Decorator featured?
They were on season 9 episode 23.
How much is Eggmazing Egg Decorator?
It cost $8.28 to produce. On the first run, each unit was $19.99, and on the second run, it was $24.99. Amazon’s average selling price is $59,
When was Eggmazing Egg Decorator on Shark Tank?
They were aired on February 18th, 2018.
Is the Eggmazing Egg Decorator still in operation?
The firm is still in operation and has recently expanded its product line to include a Treemendous Christmas Tree Ornament Decorating Kit and a DinoMazing Egg Decorating Kit—both of which include hidden dinosaurs.
What happened to Eggmazing after shark tank?
The Eggmazing Egg Decorator, which debuted on the program, is now readily available at Wal Mart, Target, and Amazon.
The corporation made $12 million in sales in the calendar year after the initial air date. It is currently $29.99, while The Treemendous Ornament Decorator is $34.99.
How is Eggmazing doing these days?
The kit was very popular after it appeared on “Shark Tank” in 2018, and it’s still popular in 2020. According to McGill, sales of the Eggmazing are up 266 percent at Walmart and 4,400 percent on Amazon compared to this time last year.
Can they eat Eggmazing-decorated eggs?
Their remark “do not eat adorned eggs” is based on how eggs are handled or not handled.
With Eggmazing, can they use any marker?
They can use Sharpies or paint pens in addition to the markers provided with the machine. Sharpies work quite nicely.
What size eggs are the most effective?
Eggs Extra Large.
Do the markers come with it?
Yes, the Eggmazing set comes with eight coloured non-toxic markers.
Do The Eggmazing come with eggs?
They are not permitted to include a laying hen in the deal.
Is there a battery included?
The batteries are not included.
What is the lifespan of the markers?
Marker lids that are properly fastened will have a longer lifespan. “At toy displays, they adorn over 300 eggs using the same marker packet.”
What kind of marker is included in the kit?
Their markers are non-toxic and dry quickly. D4236 ATSM (lead-free)
Can they use any kind of marker?
Non-toxic markers that dry quickly work best (permanent marker). Water-based markers do not dry quickly, and the results may be disappointing.
How long does it take for the batteries to charge?
Depending on the brand of battery used. “During the four-day toy show presentations, they utilize the same batteries.” “More than 40 hours of usage.
How many egg puns can they come up with?
More than a dozen people.