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.
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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.
Table: Hells Bells Helmets Shark Tank
INFORMATION | DETAILS |
Company name | Hells Bells Helmets (renamed to Badass Helmets in 2021) |
Founded | 1993 |
Founder | Marix Stone and Dr. Nancy Tanchel |
Headquarters | Philadelphia, Pennsylvania |
Product | Custom-designed motorcycle helmets, apparel, and gas tanks and fenders |
Shark Tank pitch | Season 1, episode 12. Asked for $500,000 in exchange for a 20% stake. |
Valuation during pitch | $2.5 million |
Actual net worth | Between $1 million and $15 million (estimate) |
Revenue | $12 million (as of January 2022) |
Competitors | Schuberth, Jethelm |
Key facts | – Holds a patent for producing three-dimensional patterns on motorcycle helmets <br>- Customized helmets are DOT-approved |
Hells Bells Helmets Shark Tank Updates
Hells Bells Helmets is a company that creates custom-designed motorcycle helmets with 3D sculpting. The helmets are DOT certified and made from high-quality materials.
The founders, Marix Stone and Dr. Nancy Tanchel, appeared on Shark Tank in season 1, episode 12, asking for $500,000 in exchange for a 20% stake in the company.
Daymond John offered $500,000 for 50% equity, which the founders accepted. However, the deal with Daymond never came to fruition.
Despite not securing a deal with a Shark, Hells Bells Helmets continued to grow and has since rebranded to Badass Helmets.
The company now has an estimated annual revenue of $12 million. They have expanded their product line to include apparel and custom gas tanks and fenders for motorcycles. They also created custom helmets for the popular television show Sons of Anarchy.
In summary, Hells Bells Helmets appeared on Shark Tank in season 1, episode 12, asking for $500,000 in exchange for a 20% stake in the company. Daymond John offered $500,000 for 50% equity, which the founders accepted, but the deal never came to fruition.
The company has since rebranded to Badass Helmets and has an estimated annual revenue of $12 million. They have expanded their product line to include apparel and custom gas tanks and fenders for motorcycles.
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.
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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 Bite Hells Bells Helmets Shark Tank?
Hells Bells Helmets is a company that creates custom-designed motorcycle helmets with 3D sculpting. The helmets are DOT certified and are made to order.
Marix Stone, a sculptor who has been designing helmets since 1993, pioneered the idea of made-to-order motorcycle helmets and holds a patent that allows him to put 3D designs on all kinds of helmets.
Stone and Dr. Nancy Tanchel pitched Hells Bells Helmets on Shark Tank in season 1, episode 12. They were seeking an investment of $500,000 for 20% equity. Daymond John offered $500,000 for 50% equity, which Stone and Tanchel accepted.
After appearing on Shark Tank, Hells Bells Helmets expanded its fabrication team in its Philadelphia workshop and created custom-designed gas tanks and fenders for motorcycles. The company also designed helmets for the TV series Sons of Anarchy.
However, Stone and Tanchel did not finalize the deal with Daymond John. The company has since renamed itself Badass Helmets and has an estimated annual revenue of $12 million.
How Does Hells Bells Helmets Shark Tank Work?
Hells Bells Helmets is a company that creates custom-designed motorcycle helmets with 3D sculpting. The founder, Marix Stone, is a sculptor who has been designing helmets since 1993.
He pioneered the idea of made-to-order motorcycle helmets and holds a patent that allows him to put 3D designs on all kinds of helmets. All their helmets are DOT certified.
Stone and his co-founder, Dr. Nancy Tanchel, appeared on Shark Tank in 2010 to seek an investment of $500,000 in exchange for a 20% stake in the company. Daymond John offered $500,000 for 50% of the business, but the deal fell through.
Despite not securing a deal with the Sharks, Hells Bells Helmets continued to make custom helmets and expanded to creating 3D custom gas tanks and fenders for motorcycles.
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The company still operates in its Philadelphia workshop and employs several other fabricators. The patent held by Hells Bells Helmets makes them the only company that can create 3D designs on any kind of sporting helmet.
The valuation of Hells Bells Helmets was $2.5 million when it appeared on Shark Tank, and its net worth is now $10 million.
What Happened To Hells Bells Helmets After Shark Tank?
Hells Bells Helmets is a Philadelphia-based company that creates custom-designed motorcycle helmets with three-dimensional sculpting.
Marix Stone and Dr. Nancy Tanchel appeared on Shark Tank in season 1, seeking an investment of $500,000 in exchange for a 20% stake in the company. Daymond John offered $500,000 in return for 50% ownership of the company, but the deal did not come to fruition.
Despite not securing a deal with Daymond, Hells Bells Helmets continued to grow after their Shark Tank appearance. They have since renamed themselves as Badass Helmets and have an estimated annual revenue of $12 million.
They also create bespoke 3D patterns for motorcycle gas tanks and fenders in addition to 3D sporting helmets. Hells Bells now employ several additional fabricators to mass-produce its items.
In summary, Hells Bells Helmets did not strike a deal with Daymond John on Shark Tank, but they continued to grow and have since renamed themselves as Badass Helmets.
They create custom-designed motorcycle helmets with three-dimensional sculpting and have expanded their fabrication team to mass-produce their items.
Are Hells Bells Helmets Shark Tank Still In Business?
Yes, Hells Bells Helmets is still in business, but it has rebranded itself to Bad Ass Helmets. The company makes and sells patented, custom-designed, 3-D sculpted motorcycle helmets that are DOT certified.
The helmets are made to order, and the patent allows the company to put 3-D designs on all kinds of helmets.
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The company has expanded its product line to include custom gas tanks, fenders, and apparel for motorcycles. As of 2023, the company has an estimated annual revenue of $12 million.
In 2010, Marix Stone and Dr. Nancy Tanchel pitched Hells Bells Helmets on Shark Tank, asking for $500,000 for 20% equity. Daymond John offered $500,000 for 50% equity, and Stone and Tanchel accepted.
However, they eventually walked away without signing anything because they disputed the deal’s contents despite this, the company continued to grow following its Shark Tank appearance.
What Is The Current Valuation Of Hells Bells Helmets After Shark Tank?
Hells Bells Helmets appeared on Shark Tank in season 1, episode 11, and asked for $500,000 in exchange for a 20% stake in the company, which was valued at $2.5 million.
Daymond John offered $500,000 for 50% of the company, which was accepted by Marix Stone and Dr. Nancy Tanchel. However, the deal with Daymond never came to fruition.
As of 2023, the net worth of Hells Bells Helmets is estimated to be between $1 million and $15 million. The company has expanded its offerings to include 3D custom motorcycle gas tanks and fenders, and it generates $12 million in annual revenue.
Hells Bells Helmets has rebranded to Badass Helmets and has its online store called ‘BADASS Helmets’. The company sells customized and personalized helmets, as well as apparel and dog helmets.
How much were they seeking on Shark Tank?
They were seeking $500,000 for a 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.
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Where are Hells Bells Helmets located?
They are located in 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.
Are 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 the 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 by emailing at badasshelmets@gmail.com.
What do 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.
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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 it’s 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 Helmet’s 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 are 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.
Are Hells Bells Helmets professional helmets?
The firm specializes in motorcycle helmets and offers a wide range of stylish designs.
What are Hells Bells Helmets warrant?
They offer a 1-year warranty on all helmets. If the helmet is damaged, you can return it for replacement, but shipping and handling costs will be paid by the customer.
Do they have a referral program?
No, they don’t offer such a program.
How durable are 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.
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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.