SWAG Essentials Shark Tank Net Worth 2023
SWAG Essentials, founded by Lydia Evans, was valued at $625,000 when it appeared on Shark Tank in December 2014. Since then, the company has grown significantly and generated over $340,000 in sales.
As of 2022, Lydia Evans has a net worth of $2 million from SWAG Essentials. The company now operates out of a 3,000-square-foot facility and has a brand-new website.
Despite not securing a deal with the Sharks on the show, SWAG Essentials has been successful since its appearance on Shark Tank. As of February 2023, the net worth of SWAG Essentials is estimated to be around $2 million
What Is SWAG Essentials?
SWAG Essentials is a company that specializes in men’s grooming and skincare. The company was founded by Lydia Evans, a Licensed Medical Aesthetician, who developed the range of products after her brother, a Master Barber, asked her to create a treatment that could soothe ingrown hairs, razor burn, and acne. SWAG Essentials was established in 2012 and has since become a go-to brand for men’s skincare needs.
The company’s flagship product is The SWAG Bar, a glycerine-based soap that has loofah sponge material embedded in it.
This soap not only cleanses but also exfoliates and disinfects the skin as it is used. In addition to The SWAG Bar, SWAG Essentials offers aftershave, moisturizers, and even foot balm to cater to all aspects of men’s grooming.
Recently, Evans also launched a women’s line of cosmetics called La Bella Dolce, which includes scrubs, lotions, and bath oils. All of the products in the SWAG Essentials and La Bella Dolce lines are natural and organic.
Customers can purchase individual items or gift packages directly from the company’s website or at one of its six Houston-area boutiques.
What Happen To SWAG Essentials At The Shark Tank Pitch?
Lydia appeared on season 6 episode 11 of Shark Tank, seeking $125,000 in exchange for a 20% stake in her firm, indicating a value of $625,000. During her pitch, Lydia shared the story behind her product and entertained the Sharks, even distributing samples of her bars which included loofah.
Robert inquired about the ingredients, but Lydia refused to disclose them, revealing only that the product contains a total of 63 components.
When asked if she had a patent for the product, Lydia replied in the negative. She reported $54,500 in sales, with 70% of them made through her website. The bars are sold for $15 each and cost $3.07 to produce.
SWAG Essentials is run from the comfort of one’s home, but Lydia needs a Shark to help her build a warehouse to expand operations.
Although Kevin O’Leary appreciated Lydia’s unique concept, he considered it a hobby and the transaction premature. Lori Greiner, an innovator, suggested an untested and unproven skew, which did not interest Lydia. Mark Cuban recommended that Lydia expand her market by going door-to-door to barber shops.
However, he ultimately decided that it would be too time-consuming for him to invest in her business and left the deal. Daymond John acknowledged the importance of the entrepreneur over the product and stated that he could not be of much assistance. However, he gave Lydia his number in case he ever became single again.
SWAG Essentials After The Shark Tank Pitch
After feeling dejected following her Shark Tank pitch, Lydia returned home but was pleasantly surprised by the Shark Tank effect. She received several wholesale inquiries and her S.W.A.G.
Basics products were made available in multiple locations. Lydia also expanded her line of products to include S.W.A.G. Essentials for both men and women, including soaps, washes, and grooming essentials.
Thanks to her appearance on Shark Tank, S.W.A.G. Essentials has gained authenticity and credibility. Lydia has launched a new website, made over $340,000 in sales in just six months, and moved production from her small apartment to a larger 3,000-square-foot facility.
S.W.A.G. Essentials has received media coverage from notable publications, including Forbes, which covered the S.W.A.G. Bar, and Marie Claire, which featured the female counterpart in an article. The S.W.A.G. Bar has even been visited by a number of celebrities and was even included in the 2015 Academy Awards gift bags.
Table Summarizing: No Mo-Stache Shark Tank
| INFORMATION | DETAILS |
| Company Name | No Mo-Stache |
| Founders | Jennifer Paschall and Gita Vasseghi |
| Year Founded | 2012 |
| Product | Portable cold waxing kit |
| Shark Tank Episode | Season 9, Episode 8 |
| Valuation | $400,000 |
| Investment Sought | $100,000 for 25% equity |
| Deal | Bethenny Frankel and Lori Greiner invested $100,000 for 35% and $1 royalty |
| Partnerships | Anthropologie, Ulta Beauty, CVS, and Sephora |
| Revenue (May 2022) | $4 million |
| Net Worth (2022) | $1 million |
| Other Products | No Mo-Unibrow Portable Brow Wax Kit, No Mo-Bush Bikini Wax Body Strips |
| Other Grooming Goods | All Star Cleansing Brush, No Mo-Stache Facial Razor, No Mo-Stache 4 Piece Skin Care Set |
| Available in | 10,000 retail stores and online at Target, Amazon, and Ulta Beauty |
Note: The deal section states that the founders sought $100,000 for 25% equity, but they made a deal with Bethenny Frankel and Lori Greiner for $100,000 for 35% and a $1 royalty until $100,000 was reached.
SWAG Essentials Net Worth
Lydia appears on Shark Tank in search of $125,000 for a 20% stake in her firm. This indicates a value of $625,000.
SWAG Essentials Competitors
There is no competitor identified for SWAG Essentials.
SWAG Essentials Updates
SWAG Essentials is a men’s grooming product line created by Lydia Evans, a licensed medical esthetician. The flagship product of SWAG Essentials is the SWAG Bar, a glycerin-based soap with loofah sponge material embedded in it that cleanses, exfoliates, and disinfects the skin.
The SWAG Bar is available on the SWAG Essentials website and on Amazon. SWAG Essentials also sells aftershave products, moisturizers, and foot balm. The products are natural and organic.
Lydia Evans appeared on Shark Tank in 2014 to pitch SWAG Essentials. She did not receive a deal, but her business took off after the show. As of 2022, SWAG Essentials is still in business and thriving. The company has expanded its scope and is now called SW&G Supply House.
It sells considerably more than just bars of soap for men, including a lady’s line of products called La Bella Dolce that features scrubs, creams, and bath oils. The products are available on the SWAG Essentials website and at half a dozen Houston area boutiques.
SWAG Essentials FAQS
What Is SWAG Essentials?
SWAG Essentials is a line of grooming and skin care products for men and women. The company was founded by Lydia Evans, a licensed medical esthetician, in 2012.
The premier product of SWAG Essentials is the SWAG Bar, a glycerin-based soap with loofah sponge material embedded in it that cleanses, exfoliates, and disinfects the skin. The SWAG Bar was originally designed to relieve razor burn and hair bumps.
It is made of an all-natural 63 ingredient secret formula soap that is great for all skin types and produces a refreshing lather that is perfect for shaving and washing. The SWAG Bar can also be used on the scalp to relieve dandruff and psoriasis and on the feet for calluses and athlete’s foot.
SWAG Essentials also sells aftershave products, moisturizers, foot balm, and a lady’s line of products called La Bella Dolce that features scrubs, creams, and bath oils. All SWAG Essentials products are natural and organic.
The products can be purchased separately or as a bundle from the SWAG Essentials website or from half a dozen Houston area boutiques.
After appearing on Shark Tank in 2015, SWAG Essentials changed its name to SW&G Supply House and expanded its scope. The company sells considerably more than just bars of soap for men and women.
How Does SWAG Essentials Works?
SWAG Essentials is a line of grooming and skin care products for men and women. The company was founded by Lydia Evans, a licensed medical esthetician, in 2012.
The premier product of SWAG Essentials is the SWAG Bar, a glycerin-based soap with loofah sponge material embedded in it that cleanses, exfoliates, and disinfects the skin as you use it. The SWAG Bar is an all-natural 3-in-1 soap that deeply cleanses, exfoliates, and disinfects the skin in one easy use.
It is designed to combat daily contact with pollution from the environment and relieve ingrown hairs, razor burn, and breakouts.
SWAG Essentials also sells aftershave products, moisturizers, and foot balm. Recently, the company introduced a lady’s line of products called La Bella Dolce that features scrubs, creams, and bath oils. All SWAG Essentials products are natural and organic.
SWAG Essentials products can be purchased from the company’s website or from half a dozen Houston area boutiques. Items can be purchased separately or as a bundle. SWAG Essentials made $54,000 in sales before pitching on Shark Tank and $340,000 after.
What Happened To SWAG Essentials After Shark Tank?
S.W.A.G Essentials is a men’s grooming product company that appeared on Shark Tank Season 6. The company’s flagship product is a soap bar that contains a natural loofah embedded within it, which is designed to relieve razor burn and hair bumps.
Lydia Evans, a licensed esthetician, developed the product after her barber brother asked for her help. During the Shark Tank pitch, Lydia asked for $125,000 for 20% equity, but she did not receive a deal from the Sharks.
Despite not securing a deal, S.W.A.G Essentials continued to grow its customer base after the Shark Tank episode aired in December 2014. The company expanded its product line and changed its name to SW&G Supply House.
As of 2022, the company is still in business, and customers can purchase SWAG Bar at Evans’ retail location in Stafford, Texas. The company has generated over $340,000 in sales and has moved production from a two-bedroom apartment to a 3,000-square-foot facility.
Lydia Evans has demonstrated that she has the wherewithal to overcome the setback of being rejected on Shark Tank and flourish on her terms.
What Is The Current Valuation Of SWAG Essentials?
SWAG Essentials is a men’s grooming innovation that appeared on Shark Tank in December 2014. The company was founded by Lydia Evans and was valued at $625,000 when it appeared on Shark Tank.
Since then, the company has grown significantly and generated over $340,000 in sales. As of 2022, SWAG Essentials’ net worth is $2 million.
SWAG Essentials provides men with all-natural, handcrafted, and vegan-friendly grooming products that are made in small batches to maintain quality. The products are attractively packed, and the company has an excellent website to advertise them.
Lydia Evans is an excellent illustration of a business owner who demonstrated she had sufficient wherewithal to overcome the setback of being rejected on Shark Tank and flourish on her terms.
SWAG Essentials is still in business as of 2022, and customers can buy SWAG Bar at Evans’ retail location in Stafford, Texas. The company pays using PayPal, Master Card, Visa Card, etc., and sells on its website and Amazon. SWAG Essentials’ weaknesses are that they are not yet widely distributed.
Is SWAG Essentials Still In Business?
Yes, SWAG Essentials is still in business. Lydia Evans, the founder of SWAG Essentials, appeared on Shark Tank in 2014 to pitch her grooming product brand. Although she did not receive funding from the Sharks, her appearance on the show gave her company exposure and helped it grow.
SWAG Essentials has since expanded its scope and sells more than just bars of soap for men. The company is now called SW&G Supply House and offers a range of grooming products, including aftershave, moisturizers, and foot balm.
As of 2022, SWAG Essentials is still in business. Customers can purchase SWAG Bar at Evans’ retail location in Stafford, Texas. The company generates a few million dollars in gross revenue every year. SWAG Essentials has a brand-new website and has generated over $340,000 in sales.
The company has also moved production from a two-bedroom apartment to a 3,000-square-foot facility.
What is SWAG Essentials?
SWAG Essentials (short for Soaps, Washes, and Grooming Essentials), is a men’s grooming and skin Care Company.
Who is the founder of SWAG Essentials?
Lydia Evans.
How much was she asking in the Shark Tank?
Lydia was seeking $125,000 for 20% ownership.
Did she get the deal from the Sharks?
No, the Sharks declined to invest in SWAG Essentials
Are they based in United States?
Yes! They are headquartered in Texas. Located just outside of Houston.
How can they contact their office?
They can contact them through their website www.swagessentials.com or give them a call at 832-410-3620.
How can they become a vendor?
They adore supporting local companies, particularly craftsmen and crafters.
What is the average order processing time?
Their processing time is typically between 1-2 business days. Processing times may be extended by up to five business days during busy periods, the holiday season, and bad weather.
What are their shipping options?
They send domestic and international orders weighing less than ten pounds by USPS (economy, priority, and rush).
Shipping is computed during the checkout process. They use FedEx to transport orders above $300 and bulk orders.
Do they offer Delivery?
Yes, beginning in February 2022, they will provide Christmas, Valentine’s Day, Mother’s Day, Father’s Day, and Christmas Eve delivery in and around the Houston region.
Are Free Shipping promotions valid outside of the U.S. and territories?
They presently provide free delivery just within the United States.
Is SWAG Essentials organic?
The products are completely natural and are made from natural ingredients.
How did SWAG Essentials get started?
Evans developed the range of products after being asked by her brother, a Master Barber, about creating a treatment for men that soothes ingrown hairs, razor burn, and acne
What are the strengths of SWAG Essentials?
SWAG Essentials provides men with a bunch of benefits to enhance their skin, hair and grooming.
The items are all-natural, handcrafted and made in small batches to maintain quality. The product is also vegan-friendly, cruelty-free and made from sustainable ingredients.
What are weaknesses of SWAG Essentials?
They are not yet widely distributed.
How do SWAG Essentials for pay?
SWAG Essentials pays using PayPal, Master Card Visa Card etc.
How are they selling?
They sell on their website, amazon and they currently sold online and in 17 US retail locations.
What is the net worth of Lydia Evans?
Unknown.
How much does it costs?
She sells her bars for $15 each and costs $3.07 to produce.
