Kwik Hang Shark Tank Update | Kwik Hang after Shark Tank

What is Kwik Hang?

Kwik Hang is a curtain rod bracket that eliminates the need for wall drilling. Simply tap the Kwik Hang bracket to the top of a window molding (rather than the wall) with a hammer and then hang the curtains in seconds.

Kwik Hang was founded in 2013 by Derrek Burr’s father, Tom. Tom approached numerous manufacturers with his cardboard prototype until he found a partner willing to produce it.

When Tom’s health began to deteriorate, he transferred ownership of the firm to his son Derrek, a police officer and Marine Corps veteran who currently operates it.

Kwik-Hang was developed to eliminate the tension associated with a routine domestic task: curtain hanging. The procedure of hanging curtains is inconvenient, frequently involving complex measurement, equipment, and easily-lost components.

Who is the Founder of Kwik Hang?

Derrek Burr’s father, Tom, founded Kwik-Hang in 2013. Tom approached many manufacturers with his cardboard prototype until he found a partner ready to manufacture it.

When Tom’s health began to fail, he handed over control of the company to his son Derrek, a police officer and Marine Corps veteran who now runs it.

Derrek Burr, a police officer from North Attenborough, Massachusetts, established Kwik Hang.

Burr was a member of the Braintree Police Department in Braintree, Massachusetts, in addition to succeeding his father in business.

Burr is also a Marine Corps veteran who got the US Patriot Award in 2018 for helping to develop Kwik-Hang as a veteran-owned and run business.

The product is a bracket with an unusual form that is nailed into the top of the window frame. It rapidly and securely secures curtain rod brackets, obviating the need for screws in the walls.

Derrek’s father, Thomas Burr, inspired the concept. Sadly, Thomas Burr died of cancer.

Mr. Burr launched two unsuccessful Kickstarter efforts in 2015 to raise funds for the Kwik Hang.

These endeavors fell through while he fought cancer. Derrek opted to continue building on his father’s goal and to seek assistance from the Sharks.

Kwik Hang is now on sale for eleven dollars for a pair of standard brackets.

There are several sizes available for each type of curtain rod installation, with costs ranging from $7 to $18.

Tom Burr patented the Kwik Hang and acquired the necessary equipment to produce them on a modest scale.

What Happened to Kwik Hang at Shark Tank pitch?

Derrek decides to pitch his father’s concept to Shark Tank investors in the hope that they would assist him in expanding manufacturing capacity.

Derrek enters the Tank looking $80,000 for a 20% stake in a $400,000 firm.

He makes his presentation and walks them through the process of installing the curtain rod hangers. Then he suspends ten-pound potato sacks from each bracket to illustrate their strength.

Following that, he distributes samples and the questioning begins. Lori inquires as to why there aren’t additional sizes, to which Derrek responds that it is feasible, but he wasn’t prepared for it yet. In three years, sales totaled $120,000, with $42,000 coming in 2016.

When Derrek discloses his full-time employment as a police officer, Kevin inquires as to who would manage the firm, to which Derek responds that he will resign if a deal is made.

Mark believes it is uninvest able, and he is the first Shark to exit. Lori believes Derrek should license the product before releasing it and she goes out.

Daymond instructs Derrek to gradually expand the firm before he quits.

Before he exits, Kevin reiterates Lori’s licensing advice. Robert is the final Shark to speak, claiming that Derrek’s pricing points are excessively low and he is out. Ultimately, no deal was struck between the Sharks and Derrek.

What Happened to Kwik Hang after Shark Tank?

Following the Shark Tank investors’ failure, Derek continued selling their products through his firm.

Derrek expanded the range with more sizes. He obtained distribution in over 5000 ACE Hardware Stores in 2018.

It is now available at Home Depot, Walmart, and Amazon, among other venues. The firm has patents for his product, but there are several low-cost knockoffs, and the corporation is continuously pleading with Amazon to remove the knockoffs.

In 2021, lifetime sales exceeded $8 million and the firm generated around $1 million in revenue every year.

Net Worth of Kwik Hang

During the Shark Tank pitch the company was valued at $400,000 and since then they have made a lot of sale with annual revenue of $1 million.

This means that the company net worth have also increase.

Kwik Hang FAQs

What is Kwik Hang?

Kwik Hang is a curtain rod bracket that eliminates the need for wall drilling. Simply tap the Kwik Hang bracket to the top of a window molding (rather than the wall) with a hammer and then hang the curtains in seconds.

Who is the owner of Kwik hang?

Tom Burr founded Kwik-Hang in 2013 to alleviate the tension associated with a routine household activity.

Although Tom spent the most of his career in the jewelry industry, he recognized the need for a simple method of curtain hanging that did not require several employees, awkward equipment, or an unending supply of components.

Who is Derek Burr?

Derek Burr, a resident of North Attleboro and a Braintree police officer, took the leap on yesterday’s episode of “Shark Tank,” but walked away empty-handed. Burr pitched ‘Kwik-Hang,’ a startup founded in 2013 by his father. October 22, 2017.

What is his offer on Shark Tank?

Derrek was seeking for $80,000 for a 20% stake in a $400,000 firm.

Did he get the deal?

No, no deal happened that time.

Is still in business?

Yes, Kwik-Hang is still in business.

Can curtain rods hang on window frames?

Determine if anyone want their curtain rod to extend beyond the window frame or to hang directly on it.

In most settings, a rod with ornate finials hanging outside the window frame looks best and provides the maximum coverage.

Allow approximately three inches on either side of the window.

Should you hang curtains above window?

Curtains should be hung between four and six inches above the window frame, according to Architectural Digest, so set the curtain rod appropriately.

When the curtain rod is hung high, it gives the illusion of a taller window.

Should curtains go to the ceiling?

The higher the curtain rod, the taller the window seems; thus, if possible, place the curtain rod closer to the ceiling than the top of the window.

They should be 4-6 inches above the window frame, as a general rule.

Should curtains touch the floor or window sill?

Curtains should not extend past the floor in formal or fancy environments. Elegant, extra-long drapes that pool or drop on the floor are necessary for a romantic setting.

Curtains that go all the way to the sill or all the way to the bottom of the window trim (referred to as the apron) look wonderful and are really functional in a kitchen.

What is the net worth of Derrek Burr?

Net worth of Derrek is not known.