PetPaint Shark Tank Net Worth 2023
PetPaint has had over $5 million in lifetime sales since appearing on Shark Tank in 2013. After appearing on Shark Tank, PetPaint leashed sales of $5,000 in 2012 which grew exponentially to revenues of $200,000 last year.
The valuation of Pet Paint on the show was $1,000,000 and Barbara gave an offer at the valuation of $333,333.3.
As of February 2023, PetPaint has a net worth of around $5 Million.
What is PetPaint? Who is the Founder of PetPaint?
Pet Paint is a safe and fun alternative to traditional dog costumes. The product consists of non-toxic, washable paints that come in various colors. It is a popular choice for pet owners looking to dress up their dogs for holidays or special occasions. Moreover, it is recommended by many veterinarians due to its safety for pets.
Abe Geary is the founder and CEO of Pet Paint. He began his career in marketing while studying at Moorpark College in 1995. He honed his entrepreneurial skills while working in the new company development section of Morton Karr.
Later on, he gained experience in business creativity while running Creative Displays, a trade show display company. It was during this time that he recognized the challenge of dogs disliking sewn costumes and sought to find a solution.
In 2010, Abe founded Pet Paint with the goal of creating a non-toxic and safe alternative to traditional pet costumes. He started by developing non-toxic hairspray recipes specifically for dogs.
All PetPaint products have been tested by veterinarians and are safe for pets. The product is similar to colored hair paint for humans, and there are stencil kits available to help create designs and patterns.
Abe is optimistic about the future of Pet Paint and believes that it will become a popular choice among body paint enthusiasts. His passion for creativity and entrepreneurship has led him to develop an innovative and safe product that allows pet owners to express their love for their furry friends in a fun and unique way.
PetPaint Shark Tank Pitch
Abe Geary created PetPaint, a colorful hairspray for dogs that allows people to paint their pets. He pitched the product on Shark Tank in episode 508, seeking a $200,000 investment for a 20% stake in his company, which was valued at $1 million.
While some Sharks were interested in the product, none of them ended up investing, as they were concerned about pricing, sales, and ownership issues.
Despite not getting a deal, Abe listened to the Sharks’ feedback and shifted his focus to digital and social media marketing. As a result, PetPaint is now sold by PetSmart and online retailers nationwide and has become a popular product for parades, festivities, and animal rescue efforts. The company has even expanded to offer Savor ski Crystals for dogs.
As of February 2022, PetPaint has generated over $5 million in lifetime sales, and Abe has been featured on Beyond the Tank Episode 202. PetPaint continues to thrive, thanks to its safe, non-toxic, and washable formula that allows pet owners to have fun with their furry friends.
Net Worth of PetPaint
The company valuation was $1 million during the pitch. Since then the company is still operating and hence the company’s net worth might be higher than that of the pitch.
PetPaint FAQs
What is PetPaint?
PetPaint is a multi-purpose hair spray for dogs. It is made of nontoxic ingredients that paint your dog’s coat with vibrant beauty.
Who is the founder?
PetPaint is founded by Abe Geary. He was born in 1999 in the United States. He is living in California.
How much was seeking on Shark Tank?
Abe was seeking for %200,000 for 20% stake of his company, which worth $1 million.
Did he have the deal?
No, he did not have the deal.
Is PetPaint still in business?
Yes, PetPaint is still in business and it has more than 5 million in sales.
What is the selling price of PetPaint?
It sells for $9.99 on PetSmart website. There are other sellers who sell at a lower price like eBay or Amazon.
What is PetPaint website?
PetPaint Official Website: https://www.petpaint.com
Where is PetPaint located?
The headquarters of PetPaint is located in California, United States.
Where do I buy PetPaint?
Customers can buy pet paint from PetPaint official website and other online retailers like PetSmart, eBay and Amazon.
How much to ship PetPaint?
The shipping cost of PetPaint depends on the location of customer’s address, the weight of their order and any promotions that are going on at the time.
What is the color of PetPaint?
There are different colors like Red, Blue, Black, Clear.
How does PetPaint work?
The spray is applied on the affected area, during which the color dries. When it dries, they’ll see what looks like water-repellent powder on the pet’s coat.
Pet Paint is meant to be a temporary dye and will wash off without damaging the pet or its coat.
How long will PetPaint take delivered?
PetPaint orders are delivered within 3-5 business days after they are made.
What is PetPaint made of?
PetPaint is made of soy and water-based dye. It is completely dry pet safe. There are no chemicals added to the spray.
Is PetPaint easy to wash off?
PetPaint colors go on easily, but they do not wash off until the paint does, in a week or so.
How do I pay for PetPaint?
Customers can make the payment by Credit Card, Debit Card, PayPal or Amazon Pay.
What does PetPaint smell like?
PetPaint smells like a normal hair spray for humans.
How to apply PetPaint?
Customers have to first shake the bottle, then spray directly onto their pet’s hair and rub it in, then let it dry for about 10 minutes and brush their pet’s coat to distribute the color evenly. The paint will stay on until it naturally washes out with cleaning or rain.
Who is the CEO?
The CEO of PetPaint is Abe Geary.
How much does Abe Geary worth?
The net worth of Abe Geary is not available.
Nuts n More Shark Tank Update | Nuts n More after Shark Tank
