Shower Pill Body Wipes Shark Tank Net Worth 2023
Shower Pill Body Wipes Shark Tank Net Worth
The net worth of Shower Pill in 2023 is estimated to be around $4 million. The company was founded by Wendell Hunter, Wale Forrester, and Justin Forsett in 2018.
They pitched their product on Shark Tank in January 2018 and were seeking an investment of $300,000 for 10% of their business.
Shower Pill is a body wipe that is used as an alternative to showering after an intense workout. It is made of a thick material and fights against bacterial and fungal infections such as MRSA and Ringworm.
A single package costs about $0.14 and is sold for $1 per package. The company has managed to double its sales each year and has an optimistic projection of hitting $2 million in revenue during the following calendar year.
The company rebranded itself as Hustle Clean Body Wipes in 2018 and partnered with other investors to raise some cash for the new company. Since then, it has continued to increase its sales, which speaks about the popularity of its products.
What is Shower Pill Body Wipes? Who is the founder of Shower Pill Body Wipes?
Shower Pill Body Wipes can be a valuable asset for extended camping and hiking trips, emergency kits, and situations where clean water may not be readily available. Whenever you want a quick and easy way to feel, smell, and be clean, Shower Pill wipes are a great option.
It’s important to follow a specific order when using Shower Pill wipes. Start by wiping your head, neck, and face, and then work your way down to your toes. Avoid starting with a random limb or the middle.
The idea for Shower Pill Body Wipes was conceived by Justin Forsett and his former UC-Berkeley colleagues, Wendell Hunter and Wale Forrester.
As former members of the UC Berkeley football team, they knew a thing or two about sweating it out. The product’s name was inspired by an old joke they used to tell when a teammate left the locker room without bathing.
After developing their concept and conducting extensive research and development, they discovered that their market was much broader than just professional athletes. From soccer moms to weekend warriors, everyone experiences the same “in between shower” concerns.
Shower Pills are about the size of a washcloth and are designed to fight germs and fungi, such as Staph infections, MRSA, Ringworm, and the Common Cold.
They are thick and antibacterial and contain aloe Vera, which cleanses and soothes the skin.
They also smell great and leave your skin feeling clean, fresh, and moisturized. A pack of ten individually wrapped Shower Pills retails for $9.99, while a bucket of 250 wipes retails for $199.99.
Shower Pill Body Wipes Shark Tank Pitch
During episode 918 of Shark Tank, Wendell Hunter, Wale Forrester, and Justin Forsett presented Shower Pill, a line of body wipes for people who need a quick refresh but don’t have time for a shower. They hoped to partner with a Shark who could help them break into mass retail.
The trio pitched their company, offering a 10% stake in exchange for $300,000. Their company was valued at $3 million.
They shared their personal backgrounds and product information, including the results of hypoallergenic and PH level tests they conducted. They distributed product samples to the Sharks.
Each Shower Pill wipe cost 14 cents to produce and retailed for 99 cents. A ten-pack sold for $9.99. In 2016, they sold $300,000 worth of product, and in the year of the episode, they sold $600,000. They projected sales of $2 million for 2018, with gross margins of 60%, which they planned to reinvest.
However, when they began discussing their finances in more detail, they became confused and gave contradictory answers, which led to the Sharks’ confusion.
Mark exited the deal, while Robert asserted that they had talent but lacked execution. Barbara also exited, expressing her perplexity.
A-Rod suggested they hire a CFO before he exited. Lori seemed interested in investing, but she ultimately exited as well. The entrepreneurs left without securing a deal.
Despite the initial pitch’s failure, the company made $15,000 in sales within 48 hours after the episode aired. In January 2018, the company rebranded as Hustle Clean Body Wipes.
They received investments from several NFL players, including Steve Smith, Jonathan Stewart, Prince Amukamara, Cliff Avril, and Ronnie Lott.
In 2019, they made over a million dollars in revenue, and their products are now sold at Target and Amazon.
They also established several charity initiatives, including a scholarship program for underrepresented youth in sports and a disaster relief program. They expanded their product line to include face wipes and added new fragrances.
As of February 2022, Hustle Clean Body Wipes is still operating and generating $4 million in annual revenue. They have also expanded their customer base to include campers, “weekend warriors,” and people recovering from surgery who can’t bathe.
Net Worth of Shower Pill Body Wipes
The company valuation was $3 million during and after the pitch. Since then the company is still operating and hence the company net worth might be more than that of pitch.
Shower Pill Body Wipes FAQs
What is Shower Pill Body Wipes?
Shower Pill Body Wipes are body washes that are designed to be used as a form of hygiene after a shower.
Who is the founder?
The founders of Shower Pill Body Wipes are Justin Forsett, Wendell Hunter, and Wale Forrester.
How much were they seeking on Shark Tank?
They were seeking for $300,000 for a 10% stake in their company.
How did Shower Pill Body Wipes do on Shark Tank?
They did not get a deal during the pitch.
Is Shower Pill Body Wipes still in business?
Shower Pill Body Wipes is still in business.
Where is Shower Pill Body Wipes located?
Shower Pill Body Wipes is based out of Conroe, Texas.
Who is Shower Pill Body Wipes target market?
The company has developed a target market to be young up-and-coming men and women who currently don’t feel safe showering due to their occupation or condition which restrict them from bathing, such as firefighters and soldiers who lack access to showers.
What is Shower Pill Body Wipes made of?
Shower Pills are made out of sturdy microfiber. This material is long lasting and durable, and provides excellent absorbent qualities to clean the skin with ease.
What does Shower Pill Body Wipes do?
Shower Pills body washes are specially formulated with natural antibacterial agents that prevent the spread of germs and infections.
How can I become eligible for free shipping?
Please enjoy complimentary delivery on any Hustle Clean purchases over $40. For orders under $40, the shipping estimate will be displayed during the checkout process.
How do I alter my order?
They make every effort to process and dispatch orders as soon as possible. If individuals discover an error after placing an order, either can update it immediately on their Account page, or call them at 510-289-6820, and they can attempt to cancel or alter the order before it ships. They are unable to cancel an order after it has been sent.
How do you handle returns and refunds?
They provide complete client satisfaction. If they have any difficulties, please contact them at [email protected] and they will assist immediately.
What is the size of each Hustle Clean Body Wipe?
Each extra-thick, extra-large body wipe measures 9 x 8 inches and has a thickness of almost four times that of a baby wipe. One is sufficient to cleanse the entire body.
What is the quantity of Body Wipes contained in a box?
Each package of Body Wipes contains ten individually wrapped wipes that are ideal for on-the-go workouts.
What components are contained in a Hustle Clean Body Wipe?
Only the best! They utilize only the finest ingredients and have our products evaluated by experienced athletes, trainers, and physicians.
They use witch hazel, aloe, and vitamin E to hydrate the skin, as well as benzalkonium chloride, an FDA-approved active component that kills 99.9% of bacteria. Additionally, they never use parabens, sulfates, phthalates, or alcohol in their products.
Is there an aroma to Hustle Clean Body Wipes?
Hustle Clean Body Wipes are available in two fragrances: Fresh or Lavender, as well as unscented. Both smells are described as unisex, light, and fresh. Additionally, most consumers concur.
What is the net of Justin Forsett?
Justin Forsett has a net worth of $1 million.
