Slick Barrier Shark Tank Net Worth-What Happened After Shark Tank?
What Is Slick Barrier Tank And Who Founded Slick Barrier Shark Tank?
Slick Barrier is a patented and patent-pending system that protects homes and businesses from pests through the use of specialty clear coatings and films applied to the foundation or a few inches off the ground around the exterior walls, preventing pests from climbing and entering the building.
The founders, Tony and Aaron, continue to manage the business and are expecting to surpass their 2022 revenues.
Aaron Gonzales first got the idea for Slick Barrier in 2013 when he and his family bought their dream house, which was infested with scorpions. He even got stung in his house
What Happened To Slick Barrier At Shark Tank?
Slick Barrier is a pest control liquid company founded in 2018 by Tony Gonzales and Aaron Gonzales. In a Shark Tank USA episode aired on January 27, 2023, they asked for $500K for 10% equity but ended up accepting a deal from Lori Greiner for $100K and $400K as a loan for 15% equity.
The company is headquartered in Gilbert, Arizona, and has lifetime sales of $650,000.
Slick Barrier, a pest control company that appeared on Shark Tank generated new levels of exposure through marketing and advertising.
There is no indication that anything negative happened to the company after its appearance on Shark Tank.
What Happened To Slick Barrier After Shark Tank?
Slick Barrier is still in business and has managed to generate new levels of exposure through marketing and advertising.
Tony and Aaron, the entrepreneurs behind Slick Barrier, continue to manage the business and are expecting to surpass their 2022 revenues.
The article does not provide any information on negative developments or setbacks that may have occurred after their appearance on Shark Tank.
Slick Barrier Shark Tank Net Worth
Based on the valuation, their estimated net worth is $3.3 million. Slick Barrier is currently in business and has a website
Slick Barrier is a pesticide-free physical barrier that stops bugs, created by Tony and Aaron Gonzales. During their pitch on Shark Tank season 14, Tony and Aaron told the Sharks that they had $180,000 in gross sales for the 2020 calendar year.
The idea for Slick Barrier came about in 2013 when Aaron and his family bought their dream house, which was infested with scorpions.
After working with chemists and manufacturers for a long time, they found the formula for the barrier system. In 2018, Tony and Aaron associated Slick Barrier Products with 95 Applications LLC Company.
In Shark Tank episode 1413, Tony and Aaron pitched Slick Barrier to the Sharks. They asked for $500,000 for 10% equity but ended up accepting $500,000 for 15% equity from Lori Greiner. After the episode aired in January 2023, the product website received thousands of visitors.
In 2021, the company generated about $650,000 in revenue. With an implied valuation of $5 million during their pitch on Shark Tank season 14, it seems that there is some discrepancy regarding Slick Barrier’s net worth.
In any case, Lori Greiner invested $500K in Slick Barrier and wishes to make it a consumer product. Tony and Aaron continue to manage the business and are expecting to surpass their 2022 revenues.
Is Slick Barrier Still In Business?
Yes, Slick Barrier is still in business as of January 2023.
The company offers a patented and patent-pending system that protects homes and businesses from pests through the use of specialty clear coatings and films applied to the foundation or a few inches off the ground around the exterior walls, preventing pests from climbing and entering the building.
Slick Barrier is a pesticide-free physical barrier that stops bugs. It was founded in 2018 by Tony Gonzales and Aaron Gonzales, who continue to manage the business.
Slick Barrier appeared on Shark Tank in 2020, where they asked for $500,000 for 10% equity. They received an offer of $500,000 for 15% equity from Lori Greiner.
Since then, they have managed to generate new levels of exposure through marketing and advertising.
They are expecting to surpass their 2022 revenues. Slick Barrier products are available at Bug and Weed Mart retail locations in Arizona and Nevada. Pro install is also available in these states
Slick Barrier Shark Tank Updates
Slick Barrier is a pest control solution that was pitched on Shark Tank in episode 14. The product is a pesticide-free physical barrier that stops bugs from entering homes and businesses.
The co-founders, Aaron and Tony Gonzales, came up with the idea in 2013 when they bought their dream house, which was infested with scorpions.
They worked with chemists and manufacturers to develop a formula for the barrier system. The product was well-received, and the company changed its name to Averzion. In 2022, Tony and Aaron launched a Kickstarter campaign to raise further investments.
However, they canceled the campaign and announced that the product would be shipped to nine backers by mid-July 2022.
In Shark Tank episode 1413, Aaron and Tony asked for $500,000 for 10% equity at a $5 million valuation. Lori Greiner made a deal with them for $500,000 for 15% equity. Slick Barrier is still in business and has managed to generate new levels of exposure through marketing and advertising.
The company has received a nice marketing boost from appearing in season 14 of Shark Tank.
Slick Barrier is a patented and patent-pending system that protects homes and businesses from pests through the use of specialty clear coatings and films applied to the foundation or a few inches off the ground around the exterior walls, preventing pests from climbing and entering the building.
INFORMATION | VALUE |
What is Slick Barrier | A Slick Barrier is a patented and patent-pending system that protects homes and businesses from pests using specialty clear coatings and films. Founded by Tony and Aaron Gonzales in 2018. |
Founders | Tony Gonzales and Aaron Gonzales |
Headquarters | Gilbert, Arizona |
Year Founded | 2018 |
Lifetime Sales | $650,000 |
Shark Tank Pitch (Episode 1413) | Asked for $500,000 for 10% equity |
Deal on Shark Tank | $500,000 for 15% equity from Lori Greiner |
Business Status | Still in business as of January 2023 |
Products Available | Bug and Weed Mart retail locations in Arizona and Nevada |
Shark Tank | In Shark Tank episode 1413, Slick Barrier asked for $500,000 for 10% equity and ended up accepting a deal from Lori Greiner for $100,000 and $400,000 as a loan for 15% equity. It generated new levels of exposure through marketing and advertising. |
Estimated Net Worth (based on valuation) | Estimated at $3.3 million based on valuation. |
Is it still in business? | Yes, Slick Barrier is still in business and expecting to surpass its 2022 revenues. The products are available at Bug and Weed Mart retail locations in Arizona and Nevada, and pro install is available in these states. |
Updates | In 2022, the co-founders launched a Kickstarter campaign to raise further investments but later canceled the campaign. |
What Was The Outcome Of The Slick Barrier Shark Tank Pitch?
The outcome of the Slick Barrier Shark Tank pitch was that the two entrepreneurs, Tony Gonzales and Aaron Gonzales, landed a deal with Lori Greiner for $500,000 with a 15% stake and $100,000 up front. Slick Barrier is a pest control solution that keeps pests away instead of killing them.
The product was demonstrated to the sharks by coating bricks with Slick Barrier and standing on them, surrounded by scorpions and cockroaches encased by a glass wall.
The implied valuation of the company was $5 million, and the sharks wanted to know how many sales the company had over the last year.
Tony and Aaron continue to manage the business and are expecting to surpass their 2022 revenues. Products and additional company information are available on the Slick Barrier website.
Did Slick Barrier Get An Investment From Shark Tank?
Yes, Slick Barrier received a $500,000 investment deal from Lori Greiner on Shark Tank. The deal was for a 15% stake in the company. The product is a pesticide-free pest control solution that keeps pests away instead of killing them.
The founders, Aaron and Tony Gonzales, had previously tried to raise funds through a Kickstarter campaign but were unsuccessful. The company generated about $650,000 in revenue in 2021 and was generating about $50,000 per month in 2022.