Wall Doctor Rx Shark Tank Net Worth
Wall Doctor RX appeared on Shark Tank and was valued at around $1.5 million. As of 2023, it has an estimated net worth of $5 million.
Jim Lewis, the entrepreneur behind Wall Doctor RX, asked for $150,000 in exchange for a 10% investment in his company.
What is Wall Doctor Rx and Who is the Founder of Wall Doctor Rx?
Wall Doctor Rx is a drywall repair product that enables users to patch holes or cracks in less than 60 seconds, and it is available in four different sizes, accommodating up to 50 lbs.
The creator of Wall Doctor Rx is Dr. Jim Lewis, a forensic pathologist who devised the product after punching a hole in his wall while putting up Christmas decorations and searching for a more convenient solution.
The repair kits contain all the necessary items to repair minor holes and are more cost-effective than hiring a handyman.
What happens to Wall Doctor Rx at the Shark Tank Pitch?
During season 5 episode 13 of Shark Tank, Dr. Jim Lewis, the founder of Wall Doctor Rx, presented his product to the Sharks. He sought a $150,000 investment for a 10% stake in the company, which valued it at $1.5 million.
Dr. Lewis demonstrated how easy and efficient his product was compared to traditional drywall repair methods. Lori Greiner tested the product and successfully patched a hole in the wall.
Daymond John was impressed with the sales figures, as Dr. Lewis had already sold 80,000 units with $600,000 in sales. Robert Herjavec offered $150,000 without taking any stock in the company but with the right to resell the product globally, and Dr. Lewis accepted.
After appearing on Shark Tank, Wall Doctor Rx secured a spot as a QVC offering and became one of the top home improvement and repair retailers in Lowes. However, despite Lori Greiner’s initial rejection, the company managed to secure its QVC offering.
Spark Innovations, LLC purchased Wall Doctor Rx a few years after the Shark Tank episode and renamed it Wall Doctor. Spark Innovations LLC is known for acquiring Shark Tank brands, including ScreenMend, Illumibowl, and FiberFix.
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Wall Doctor Rx Net Worth
As of 2021, Wall Doctor Rx’s net worth is estimated to be over $5 million.
Wall Doctor Rx Competitor?
Greenbaum Home Furnishings Com is a competitor of Wall Doctor Rx.
Wall Doctor Rx Shark Tank Updates
The Wall Doctor Rx is a drywall repair product that enables users to patch holes or repair minor holes in walls. The product was created by Jim Lewis, a forensic pathologist from Chester County, Pennsylvania.
The Wall Doctor Rx appeared on Shark Tank Season 5 and made a deal with Robert Herjavec. Jim Lewis asked for $150,000 in exchange for a 10% investment in his company, but Robert Herjavec offered $150,000 for 0% equity, with the exclusive right to sell the product internationally.
After the Shark Tank episode, Spark Innovations LLC purchased Wall Doctor Rx and renamed it Wall Doctor. The company is known for acquiring Shark Tank brands, including ScreenMend, Illumibowl, and FiberFix.
The Wall Doctor was available on Amazon for a while and had a 3.5-star rating across 1,000 reviews. Many customers praised it for being convenient and easy to install, and they also felt that the directions were easy to follow.
It is unclear what happened to the Wall Doctor Rx after it was acquired by Spark Innovations LLC. The product is no longer available for purchase on Amazon, and it seems that it is no longer in production.
Therefore, there are no recent updates on the Wall Doctor Rx or Wall Doctor’s net worth in 2023.
Title: Wall Doctor Rx Shark Tank Net Worth
CATEGORY | INFORMATION |
Product | Wall Doctor Rx is a drywall repair product that enables users to patch holes or cracks in less than 60 seconds |
Founder | Dr. Jim Lewis, a forensic pathologist |
Shark Tank | Valued at around $1.5 million, Dr. Jim Lewis asked for $150,000 for a 10% investment |
Investment | Robert Herjavec offered $150,000 for 0% equity, with the right to resell the product globally |
Net Worth | As of 2023, it has an estimated net worth of $5 million |
Competitor | Greenbaum Home Furnishings Com is a competitor of Wall Doctor Rx |
Updates | Spark Innovations LLC purchased Wall Doctor Rx and renamed it Wall Doctor |
Availability | The product is available at Home Depot, Lowe’s, and numerous other stores and pharmacies |
Website | The product has its own website. |
Wall Doctor Rx FAQS
What Is Wall Doctor Rx?
Wall Doctor Rx is a drywall repair product that enables users to patch holes or cracks in less than 60 seconds. It is a do-it-yourself option that restores the strength and finish of the wall and supports up to 50 lbs.
The product is available in four different sizes, accommodating up to 50 lbs. Wall Doctor Rx was created by Dr. Jim Lewis, a forensic pathologist who devised the product after punching a hole in his wall while putting up Christmas decorations and searching for a more convenient solution.
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Wall Doctor Rx appeared on Shark Tank and was valued at around $1.5 million. Dr. Lewis was seeking a $150,000 investment in exchange for a 10% investment in his company.
Robert Herjavec offered $150,000 for 0% plus international rights, which Dr. Lewis ultimately accepted. Wall Doctor Rx is still in business and is manufactured and retailed by Spark Innovations.
It is available at Home Depot, Lowe’s, and numerous other stores and pharmacies. The product also has its own website.
Who Is The Founder Of Wall Doctor Rx?
Dr. Jim Lewis is the founder of Wall Doctor Rx, a drywall repair product that enables users to patch holes or cracks in less than 60 seconds. Dr. Lewis is a forensic pathologist who was a DNA specialist for NBC during the O.J. Simpson murder trial and on “America’s Most Wanted.”
He created Wall Doctor Rx after punching a small hole in his wall while hanging Christmas decorations and searching for a more convenient solution.
In 2013, Dr. Lewis appeared on Shark Tank, seeking a $150,000 investment in return for 10% of Wall Rx. He demonstrated his product to the Sharks and ultimately accepted Robert Herjavec’s offer of $150,000 for 0% equity but with international rights.
Wall Doctor Rx is still in business and is manufactured and retailed by Spark Innovations. It is available at Home Depot, Lowe’s, and numerous other stores and pharmacies, as well as on its own website.
What Is The Net Worth Of Wall Doctor RX After Shark Tank?
Wall Doctor Rx was valued at around $1.5 million when it appeared on Shark Tank, and Dr. Jim Lewis asked for $150,000 in exchange for a 10% investment in his company.
Robert Herjavec agreed to invest $150,000 in a non-equity offer to sell the product internationally with some conditions.
After the show, Wall Doctor Rx was renamed Wall Doctor and was acquired by Spark Innovations, LLC, which is known for acquiring Shark Tank brands.
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Wall Doctor has experienced tremendous growth and success since appearing on Shark Tank, securing additional funding and partnerships.
As of 2023, Wall Doctor had an estimated net worth of $5 million. However, the company went out of business, and its net worth is unknown as of 2022.
What Happened To Wall Doctor RX After Shark Tank?
After appearing on Shark Tank, Wall Doctor RX was acquired by Spark Innovations LLC and renamed Wall Doctor.
The product was accepted by Lowe’s, which became one of the world’s leading home improvement and repair retailers. The company also acquired ScreenMend, Illumnibow, and FiberFix.
The founder, Jim Lewis, claimed that the brand would make $1 million annually. However, one source states that the product is no longer available for purchase on Amazon. It is unclear whether the company is still in business or not.
Is Wall Doctor Rx Still In Business?
The search results provide conflicting information about whether Wall Doctor Rx is still in business. One source states that the company went out of business in 2022, while another source states that it is still in business and is manufactured and retailed by Spark Innovations.
It is unclear which information is more recent or accurate. However, it is worth noting that the product is no longer available on Amazon. The company was acquired by Spark Innovations LLC after appearing on Shark Tank, and the product was renamed Wall Doctor.
Wall Doctor is a drywall repair product that enables users to patch holes or cracks in less than 60 seconds. It is a do-it-yourself option that restores the strength and finish of the wall and supports up to 50 lbs. The product is available in four different sizes, accommodating up to 50 lbs.
Where Can I Purchase Wall Doctor Rx?
According to the search results, Wall Doctor RX is not currently available in stores, but it can be purchased online. The product was available on Amazon for a while, but it was pulled from the site.
However, it was sold at Lowes, Home Depot, and some pharmacies and small businesses. The product is now manufactured and retailed by Spark Innovations LLC, which acquired Wall Doctor RX and renamed it, Wall Doctor, after the show.
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Wall Doctor is a drywall repair kit that enables users to patch holes or cracks in less than 60 seconds. It is available in four different sizes, accommodating up to 50 lbs.
The company offers a money-back guarantee if customers are unsatisfied with the product. As of the latest search results, the product is still in business and can be purchased online.
How much was he asking in the Shark Tank?
Dr. Lewis pitched Shark Tank season 5 episode 13 in exchange for a $150,000 investment and a 10% stake in Wall RX. This indicates a worth of $1.5 million.
Did he get the deal from the Shark Tank Pitch?
Dr. Lewis ultimately accepted Robert Herjavec’s offer of $150,000 for 0% + International Rights. Robert wants control over international sales.
How much does it cost?
The product is priced between $4.99 and $6.99. Each item costs him between $2 and $2.50 to manufacture.
What were the Shark Tank judges thinking?
All the Sharks were interested in the Product except Mark who did not make any offer.
Who is the Jim Lewis?
Jim Lewis is a Chester County, Pennsylvania forensic pathologist who created Wall Rx, a drywall repair kit.
He had the idea one Christmas when he accidentally punched a small hole in the wall while hanging ornaments.
What episode was Wall Doctor Rx featured in?
It was featured on Shark Tank Season 5 Episode 13
When was Wall Doctor Rx aired on Shark Tank?
It was featured on Season 5 episode 13, aired on January 10, 2014.
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When was Wall Doctor Rx founded?
Wall Doctor Rx was founded in 2008.
Was Wall Doctor Rx a private or a public company?
Wall Doctor Rx was a private company.
What is the net worth of Jim Lewis?
Jim Lewis’s net worth is unavailable.