Show No Towel Shark Tank Net Worth 2023

During the pitch the Show No Towel was valued at $200,000 after Lori make an investment in the company it was valued at $300,000. Shelly Ehler walked onto the stage in front of the investors of “Shark Tank,” asking for $50,000 for a 25% share in her ShowNo Towel business.

Lori Greiner was the first Shark to speak up and asked Ehler where she has been making these ShowNo’s. For the most part, the majority of her products are made inside her house.

And what she likes most about her own product is that when you lay the ShowNo down, the slit closes up and you have a whole … of units.

In exchange for that 25% equity, Lori Greiner gave Shelly Ehler a check for $75,000. After consulting her spouse, Shelley agreed to the offer from Shark Lori and stepped out of the show with her desired cheque.

After granting investment from her successful pitch in Shark Tank, Shark Lori took immediate action to bring Show No Towel to TV and successfully get its display in souvenir shops in Disney World’s water park, triggering excellent sales results. The towels have been very popular in these parks and sold in bulk for $9 each.

At retail locations, they are sold for $19.99. However, Shelley ceased business in 2016 for personal reasons; as of 2021, the value of Shelley’s wealth is uncertain.

In 2018, she reopened the firm and sold items on the internet but shut its doors again in August 2020. Therefore it is unclear whether ShowNo Towels will still be around by 2023 or not.

What is Show No Towel? Who is the founder of Show No Towel?

Show No Towel is a patent-pending towel wrap that can be worn over any outfit, designed to solve the problem of lost towels at the pool.

The founder of Show No Towel, Shelly Ehler, was inspired to create the product while struggling to assist her two sons in changing at the same time while at the pool. The towel wrap is essentially a bath towel with a hole in the center that can be worn like a poncho.

The goal of Show No Towel is to make it easier and fairer for pool guests to find their towels after they’re done swimming, and to discourage people from grabbing towels from others’ belongings.

The product has been successful and is currently licensed to several water parks in California, including Six Flags Magic Mountain and LEGOLAND.

Shelly Ehler is a successful entrepreneur who turned a simple idea into a thriving business. Her innovative solution to the problem of changing at the pool has made a positive impact on families and pool-goers alike.

The Show No Towel not only solves the problem of lost towels but also provides a way for children to change out of their swimming suits in public while maintaining some level of modesty.

It can also be used as a beach towel and cover-up. The success of Show No Towel demonstrates that sometimes the simplest ideas can have a significant impact.

Show No Towel Shark Tank Pitch

Shelly sought assistance from the Sharks to distribute her product, the Show No, in water parks. She presented her business to the Sharks on Shark Tank, asking for $50,000 in exchange for a 25% stake in her company, which was valued at $200,000.

Shelly brought her children to model the Show No and gifted each Shark with a unique Shark Tank edition towel.

Although Shelly only had $15,000 in sales, she impressed the Sharks with her determination and confidence.

Robert and Kevin declined to invest in the product, but Daymond John offered $50,000 for a 50% stake in the company, while Lori Greiner offered $50,000 for a 25% stake.

Daymond then reduced his offer to $50,000 for a 20% stake, and Mark offered $75,000 for a 25% stake. Lori and Daymond increased their offer to $75,000 for a 25% stake, with Lori playing “the female card.” After consulting with her husband, Shelly accepted Lori’s offer.

Following the Shark Tank pitch, Lori secured the Show No Towel’s placement in Disney World’s Water Park gift store, where it quickly sold out.

Shelly continues to pursue distribution opportunities by attending trade exhibitions, securing distribution arrangements, and selling to swim club patrons.

While Lori’s involvement in the business appears to be minimal, Shelly remains undeterred and is pursuing additional projects, including a 3D poster firm.

All company goods are currently handmade in Shelly’s house, and there is no agreement for mass manufacturing.

However, Shelly discontinued operations in 2016 due to personal circumstances but restarted the business in 2018. As of August 2020, the company has closed its doors again, but Shelly continues to sell her products online.

Net Worth of Show No Towel

During the pitch the company was valued at $200,000 after Lori make an investment in the company it was valued at $300,000.

Since the company is no longer in operations the company net worth is unknown in 2021.

Show No Towel FAQs

What is Show No Towel?

The Show No Towel is a novelty towel that can be used as a beach towel or poncho in the pool. This product eliminates the need of having to store your towel when you are finished swimming.

Who is the founder?

Shelly Ehler is the founder of Show No Towel.

What is her offer on Shark Tank?

She was asking for $50,000 for 25% equity shares of her business at valuation of $200,000.

Did she get the deal?

Yes, Shelly got the deal for $75,000 for 25% ownership of the business.

Who invested on Show No Towel?

Lori Greiner for $75,000 for 25% equity stake.

Is Show No still in business?

It is not in business anymore. It has discontinued its operations.

What happened to show no towel on Shark Tank?

After six years of being buried in towels, her “Shark Tank arrangement” [with Lori Greiner] fell through; Ehler said in an August, 2015, blog post. “At one point, even cursed the Shark Partner for booting them,” Ehler stated. Show No Towels are no longer available for purchase on the Show No website.

Is there any other Show No Towel products?

Show No Towel made a few items for children such as towel, shirt, pants and water bottle.

How can I purchase a Show No Towel?

Unfortunately, customers cannot purchase a Show No Towel because the company closed doors in 2020. The company has not been started up again, but we are keeping our fingers crossed that it will be soon.

Customer can follow their journey on Facebook at https://www.facebook.

What Shark Tank product is in Disney?

Shelly and Lori Greiner’s arrangement with Disney Land is featured in Season 3’s Show No Update.

They go around the Magic Kingdom, and lo and behold, there is the Show No Towels, proudly displaying the Mickey Mouse logo. During her Shark Tank visit, she states that she has previously spoken with Disney.

How is the business model?

The entrepreneur is manufacturing, distributing and selling the products directly to the customers by using social media.

She has not gone into distribution channels or retail outlets like Amazon because she believes that it is easier to sell directly to the consumers. Shelly continues to manufacture and distribute her product out of her home.

What is the net worth of Shelly Ehler?

The net worth of Shelly Ehler is unknown.