Turbo Trusser Shark Tank Net Worth-What Happened To Turbo Trusser After Shark Tank?
What is Turbo Trusser Shark Tank Net Worth?
Turbo Trusser’s net worth is somewhere between $303,000 and $350,000 as of 2023. Turbo Trusser is a kitchen gadget that helps truss poultry for better results when roasting. It was introduced in November 2021 and had products in about 75 stores in the US and Canada before appearing on Shark Tank.
The founders, Brian Halasinski and Kirk Hyust, went on Shark Tank asking for an investment of $100,000 for 10% equity, valuing the business at $1 million
Kevin O’Leary invested $100,000 for 33% equity plus a royalty of $1 per unit sold in perpetuity.
As of 2023, Turbo Trusser has a net worth of around $350,000.
Turbo Trusser is a non-GMO plant-based puffed peanut snack founded by Brian Halasinski and Kirk Hyust. The company entered the Shark Tank seeking an investment of $100,000 for 10% equity.
Since its airing on Shark Tank, Turbo Trusser has sold its product in 74 locations and thousands of products. They continue to sell the product on Amazon and on their own website. Their momentary spike in sales after appearing on Shark Tank suggests that their net worth has increased since then.
Summary Table:Turbo Trusser Shark Tank
| TOPIC | INFORMATION |
| Product | Rapid trussing device for use with whole chicken or turkey |
| Founder | Brian Halasinski |
| Shark Tank Pitch | Seeking $100,000 for 10% equity |
| Manufacturing Cost | $3.7 per unit |
| Sales | $90,000 in 8.5 months, sold 10,000 units |
| Distribution | 75 stores in the US and Canada, plus website and Amazon |
| Shark Tank Deal | Kevin O’Leary invested $100,000 for 33% equity plus a royalty of $1 per unit sold in perpetuity |
| Net Worth | $303,000 to $350,000 as of 2023 |
Overall, Turbo Trusser is a kitchen gadget that helps truss poultry for better results when roasting. It was introduced in November 2021 and had products in about 75 stores in the US and Canada before appearing on Shark Tank. The founders, Brian Halasinski and Kirk Hyust, went on Shark Tank asking for an investment of $100,000 for 10% equity, valuing the business at $1 million. Kevin O’Leary invested $100,000 for 33% equity plus a royalty of $1 per unit sold in perpetuity. As of 2023, Turbo Trusser has a net worth of around $350,000.
What Is A Turbo Trusser? Who Is The Founder Of Turbo Trusser?
A Turbo Trusser is a rapid trussing device for use with whole chicken or turkey. It is a tool that allows you to easily truss your bird for even cooking and superior flavor.
The Turbo Trusser has two stainless steel hooks that firmly hold the bird in place, ensuring that it cooks evenly and all sides are exposed to heat. It is built with a durable stainless steel backplate and is dishwasher safe.
The Turbo Trusser was featured on Shark Tank and can be used in ovens, smokers, grills, air fryers, roasters, rotisseries, and deep fryers. It promises to revolutionize the way chicken or turkey is cooked by providing a healthier and more flavorful option for consumers. The tool can truss in less than 10 seconds and makes meat juicier.
In summary, the Turbo Trusser is a simple but effective tool that allows you to easily truss your chicken or turkey for even cooking and superior flavor. It can be used in various cooking methods such as ovens, smokers, grills, air fryers, roasters, rotisseries, and deep fryers.
Brian Halasinski is the founder and president of Turbo Trusser LLC. He is one of the inventors of the Turbo Trusser, a stainless steel contraption that makes trussing turkeys and chickens easier. The product eliminates the need for cooking twine and mastering chef skills in order to prep poultry.
To use the Turbo Trusser, two wire hooks are placed in the stainless steel trusser and then attached to the legs and wings. The legs are then placed into the specially designed slots on the trusser.
Halasinski has a background in product development and bringing innovative products to the retail market. He graduated from Kent State University with a business degree and an MBA from Malone University. Before founding Turbo Trusser LLC, he had a long medical sales career.
Turbo Trusser was introduced late last year by Halasinski and his partner Kirk Hyust. Since launching the product, they have sold about 10,000 units with about $100,000 in sales.
The product retails for $14.99 and can be purchased through their website or Amazon. It has been shipped to customers in Germany, Italy, Chile, Australia, Canada, England, Scotland, and other countries.
What Happen To Turbo Trusser At Shark Tank?
Turbo Trusser is a product for cooking chickens and turkeys more evenly and quickly. The owners of Turbo Trusser, Brian Halasinski, and Kirk Hyust, brought their invention to Shark Tank in the second episode of Season 14. They were seeking $100,000 for 10% equity.
To impress the Sharks, the entrepreneurs wore chicken and turkey suits. They provided a complete demonstration of their product to help the Sharks understand its necessity. The entrepreneurs even sought Kevin’s assistance in learning how to use the Turbo Trusser on a chicken.
The manufacturing cost of their product is $3.7, and they sell it for $14.99. In just eight and a half months, they sold the product for $90,000, with 60% of sales coming through their website. They have three distributors, who account for 20% of sales across 75 stores.
Robert, Mark, and Lori found the business uninvestable and declined to invest based on its sales. However, Kevin acknowledged its potential but suggested that there was still much work to be done.
He offered $100,000 for a 33% share in the company, along with a perpetual royalty of $1 per unit sold. The entrepreneur countered with a 25% share, but Kevin declined. Ultimately, Brian and Kirk accepted Kevin’s offer.
What Happen To Turbo Trusser After Shark Tank?
Turbo Trusser appeared on Shark Tank and did a brilliant job explaining their product. At the time of the pitch, Turbo Trusser had $90,000 in sales within 8 and a half months. 60% of sales came from their website and 27% through three distributors.
After appearing on Shark Tank, Turbo Trusser is already doing well, and the product is now available on Amazon, TurboTrusser.com, and 80 retail locations in the US and Canada.
Turbo Trusser has a 4.3 average star rating from 73 reviews on Amazon. Currently, Turbo Trusser makes around $100,000 in annual revenue and is valued at $1 million.
If the deal with Kevin O’Leary closes, a royalty of $1 per unit will negatively impact their cash flow in the long run. However, it is unclear whether or not they made a deal with Kevin O’Leary as there is no information available about it.
Is Turbo Trusser still in business?
Yes, Turbo Trusser is still in business as of November 2022. After appearing on Shark Tank, the company became a #1 Best Seller on Amazon. The entrepreneurs behind Turbo Trusser, Brian Halasinski, and Kirk Hyust, started the company in 2021 with the aim of creating a device to truss chicken and turkey well.
They appeared on Shark Tank in Season 14 and received an investment of $100,000 for 33% equity plus a $1 dollar royalty in perpetuity from Kevin O’Leary.
Turbo Trusser is a rapid trussing device for use with a whole chicken. It can be used in ovens, smokers, grills, air fryers, roasters, rotisseries, and deep fryers.
The device is made of stainless steel and is dishwasher safe. Most of the sales come from their official website and Amazon. Turbo Trusser has sold its product in 74 locations so far and has been able to sell thousands of units.
Turbo Trusser Shark Tank Updates
Turbo Trusser is a kitchen gadget that makes trussing a chicken or turkey easier and quicker. It is a stamped metal plate with openings for the legs that attach to two metal hooks.
The entrepreneurs behind Turbo Trusser, Brian Halasinski, and Kirk Hyust, appeared on Shark Tank Season 14 Episode 2 to seek funding from the sharks. They asked for $100,000 for 10% equity at a $1 million valuation.
Kevin O’Leary made a deal with them, offering $100,000 for 33% equity and a $1 dollar royalty in perpetuity. Barbara Corcoran and Robert Herjavec decided not to invest in Turbo Trusser.
Turbo Trusser costs $3 dollars per unit to manufacture and sells for $15 dollars. The entrepreneurs have made more than $90,000 dollars in gross revenue sales in the first nine months of the business.
Most of the sales come from their official website and Amazon, but they also have a source of revenue from distributors. The company has grown into 74 locations, mostly hardware stores.
Turbo Trusser is still available for purchase on Amazon and has over a 4-star rating with 70+ reviews. The entrepreneurs behind Turbo Trusser still work their regular jobs, with Brian being an HIV therapeutic specialist and Kirk working for a product development company.
How Has Turbo Trusser Grown Since Appearing On Shark Tank?
Turbo Trusser is a kitchen gadget that trusses chicken and turkey effectively. The company was started in 2021 by Brian Halasinski and Kirk Hyust with the aim of being able to truss chicken and turkey well. Turbo Trusser appeared on Shark Tank Season 14 Episode 2 to get funding from the sharks.
During the pitch, Brian and Kirk asked for $100,000 for a 10% equity at a $1 million valuation. They impressed the sharks by wearing chicken and turkey suits. Kevin O’Leary made a deal with them for $100,000 for 33% equity and a $1 dollar royalty in perpetuity.
After appearing on Shark Tank, Turbo Trusser experienced tremendous growth and success. They sold hundreds of their products on the night they aired and sales went up for a few days after the show. Turbo Trusser became a #1 Best Seller on Amazon.
They have grown their business into 74 locations, mostly hardware stores. Turbo Trusser has a 4.3 average star rating from 73 reviews on Amazon. As of 2023, Turbo Trusser is worth $1 million.
The net worth of the company before airing on Shark Tank was $1 million as per the founders, and the valuation as per the Sharks is $300,000. Turbo Trusser has a net worth of around $50,000 as of 2023.
Turbo Trusser is still in business and continues to sell the product on Amazon and on its own website.
They have been able to sell thousands of their products since their airing on Shark Tank, which led to a momentary spike in sales. Turbo Trusser is doing well, and appearing on the show has further boosted its sales.
What Is The Current Valuation Of Turbo Trusser After Shark Tank?
There are conflicting reports on the current valuation of Turbo Trusser after appearing on Shark Tank. According to Turbo Trusser is currently valued at $1 million and makes around $100,000 in annual revenue.
However, if the deal with Kevin O’Leary closes, a royalty of $1 per unit will negatively impact their cash flow in the long run.
On the other hand, reports that Turbo Trusser has a net worth of around $50,000 as of 2023, while the founders have a net worth of $350,000 as of 2023. also suggests that the net worth of Turbo Trusser could be $50,000.
It is important to note that the Shark Tank deal with Kevin O’Leary was for $100,000 for 33% equity, plus a royalty. The royalty deal means that Turbo Trusser pays Kevin O’Leary $1 for every unit sold, which could impact their cash flow in the long run.
Despite the conflicting reports, it is clear that Turbo Trusser has experienced tremendous growth and success since appearing on Shark Tank.
They have secured additional funding and partnerships, and their product is now available on Amazon, TurboTrusser.com, and 80 retail locations in the US and Canada. They have also received positive reviews on Amazon, with a 4.3 average star rating from 73 reviews.
