Hells Bells Helmets Net Worth
Hells Bells Helmets is a custom design helmet company that appeared on Shark Tank. Its net worth has been estimated to be between $1 million and $15 million. The company was valued at $2.5 million during its appearance on Shark Tank, and it is still in business today.
What are Hells Bells Helmets and Who is the founder of Hells Bells Helmets?
Hells Bells Helmets is a Philadelphia-based company that holds a patent for producing three-dimensional patterns on motorcycle helmets. They are recognized for their sculpted helmets, with each one being unique and approved by the Department of Transportation.
The founder of Hells Bells Helmets is Marix Stone, a sculptor and motorcycle enthusiast who wanted to use his skills and passion to create something unique. Stone began experimenting with motorcycle helmet design in 1993, and his passion for creating bespoke helmets led him to establish a made-to-order business.
Marix Stone collaborated with Dr. Nancy Tanchel to launch Hells Bells Helmets. Each product is copyrighted and individually crafted, with safety being a top priority, as demonstrated by the Department of Transportation’s approval. Since its inception, Hells Bells Helmets has achieved some success in the industry.
Hells Bells Helmets Shark Tank pitch
Hells Bells Helmets is a Philadelphia-based company that has a patent for creating 3D designs on helmets. The company is famous for its customized motorcycle helmets, and it was established in 1993 by Marix Stone and Dr. Nancy Tanchel.
In Shark Tank episode 112, Marix Stone and Dr. Nancy Tanchel presented Hells Bells Helmets and sought a Shark’s assistance in scaling up production. They requested $500,000 in exchange for a 20% stake in the company, which was valued at $2.5 million.
During the presentation, Stone stated that if one has to wear a motorcycle helmet, it might as well be stylish, but he soon became tongue-tied. After a few awkward moments, Dr. Nancy appeared and revealed that the company would generate $300,000 in sales over the next year, which surprised the Sharks due to the 50% profit margin.
Unfortunately, the profits were insufficient for Kevin H. and Mr. Wonderful, who didn’t see the potential. Barbara was also not a fan of hardcore biking gear and decided to drop out. Robert liked the helmets but felt the pricing was too high for an “unproven” company, so he left as well. Daymond was the only one left.
Daymond suggested that Hells Bells Helmets could make money by licensing its technology to other helmet manufacturers. He offered Stone and Tanchel $500,000 in exchange for 50% equity in the company, which they accepted, and they left the presentation with a deal.
However, the deal with Daymond was never finalized. The “real” offer consisted of $500,000 in manufacturing and licensing fees in exchange for 50% of the company. After the presentation, there was some back and forth with Daymond, but no agreement was reached.
Despite this setback, Hells Bells Helmets continues to produce personalized helmets and has expanded its production team at its Philadelphia facility. They now offer 3D customized motorcycle gas tanks and fenders. They also designed unique helmets for the FX television series “Sons of Anarchy,” which follows outlaw bikers.
In July 2021, the company changed its name to Bad Ass Helmets. They sell their products through their website, Harley-Davidson dealerships, and various independent bike shops. As of January 2022, the company is still operating and generating $12 million in annual sales.
Competitors of Hells Bells Helmets
The Hells Bells Helmets competes with some members of the motorcycle helmet industry that should be considered. They include Schuberth and Jethelm.
Net Worth of Hells Bells Helmets
The company was valued at $2.5 million during the pitch. Since then the company is still in business and hence the company’s net worth could be more than that of the pitch.
Hells Bells Helmets FAQs
What is Hells Bells Helmets?
Hells Bells Helmets is a Philadelphia-based firm that holds a patent for creating 3D patterns on helmets.
Who is the founder?
Hells Bells Helmets was founded by Marix Stone and Dr. Nancy Tanchel. Marix Stone is a sculptor and motorbike enthusiast who desired to put his abilities and passion to good use. Stone began experimenting with motorcycle helmet design in 1993 and has continued to do so ever since.
How much were they seeking on Shark Tank?
They were seeking for $500,000 for 20% share in their firm, which was valued at $2.5 million.
Did they have a deal?
Yes, they had a deal with Daymond on Shark Tank.
What was the offer?
Daymond offered $500,000 in exchange for 50% equity in the business.
Is Hells Bells Helmets still business?
They are still in business as of January 2022.
Where is Hells Bells Helmets located?
They are located at Philadelphia.
What is Hells Bells Helmets website?
Their website is http://www.badasshelmet.com.
How do I buy Hells Bells Helmets?
They are available for purchase through their website, Harley-Davidson dealerships and several independently owned bike shops.
Who does the original artwork?
The artwork is done by a professional artist and the original design is copyrighted by Hells Bells Helmets.
Is Hells Bells Helmets ship?
Yes. They offer free shipping.
What are the payment methods accepted by Hells Bells Helmets?
They accept all major credit cards, Google Checkout and PayPal.
How long does it take to receive order?
They ship their orders within 3 business days, but if the helmet is on hand you’ll receive it in less than a week.
Can I contact Hells Bells Helmets?
For any questions customers can contact them on email [email protected]
What is the Hells Bells Helmets cost?
The prices are on their website and vary based on size, design, and materials used. The price is higher than most helmets but lower than a custom one.
What is the helmet made of?
The helmet is made of carbon fiber or fiberglass. It utilizes a 3D pattern-making system patented by Dr. Nancy Tanchel, its founder.
What is the return policy of Hells Bells Helmets?
They offer a 30 day money back guarantee. Customers can return the helmet at any time, as long as its not damaged.
What is the shipping method used?
They use FedEx 2-Day Air Express Saver. As well as UPS 2nd Day Air and UPS Ground.
How much is the shipping cost?
The shipping cost is free for their 3D pattern helmets, for their motorcycle helmets cost around $10 depending on location.
What is Hells Bells Helmets delivery period?
The delivery period of their orders is within 3 business days, but it may take some time if the helmet is on hand.
Who is Hells Bells Helmets recommended for?
They offer a wide range of helmets from their website suitable for all types of riders. The helmets are designed to protect the back and front of the head, especially in crashes.
Is Hells Bells Helmets professional helmets?
The firm specializes in motorcycle helmets and offers a wide range of stylish designs.
What is Hells Bells Helmets warrant?
They offer a 1-year warranty to all helmets. If the helmet is damaged, you can return it for replacement, but shipping and handling cost will be paid by the customer.
Do they have a referral program?
No, they don’t offer such a program.
How durable is Hells Bells Helmets exhaust?
They are made to last, that’s why they have a 30-day warranty.
Who is the CEO?
The CEO of Hells Bells Helmets is Marix Stone. He’s an avid motorbike enthusiast and skilled sculptor.
What is the net worth of Dr. Nancy Tanchel?
Dr. Nancy Tanchel’s net worth is not available.
What is the net worth of Marix Stone?
Marix Stone’s net worth is estimated at $8 million.