Barbell Apparel Net Worth 2023 Update (Before & After Shark Tank)

Barbell-Apparel-Shark-Tank-US-Net-worth-Update

Barbell Apparel is a company that manufactures fashionable and high-quality pants for athletes and bodybuilders. This was started by Hunter Molzen and Alex Hanson in 2014. Barbell Apparel’s net worth was $10 million at the time of their pitch in 2017 based on the $500,000 offer for 5% of the equity of the company. 

They appeared on Season 08 of Shark Tank USA in 2017. But the Sharks were not interested in investing in Barbell Apparel.

Barbell Apparel could not win any deal from the Sharks. Nevertheless, the show gave popularity to this clothing line, and the owners successfully continued the business. Currently, Barbell Apparel offers a wide range of items for both men and women. You can make purchases via the company website. Barbell Apparel also has retail stores in Las Vegas and Scottsdale. However, as of November 2023, the Scottsdale store is permanently closed, and the Las Vegas one remains in operation.

Barbell Apparel Net Worth

Net worth$10 million business valuation (2017)
Annual Sales Revenue$5 million (2022)
Profits
Lifetime sales$2 million (2016)
Investor
FoundersHunter Molzen and Alex Hanson
Employees11-50

Barbell Apparel Net Worth Timeline

Net Worth 2023Not available
Net Worth 2022Not available 
Net Worth 2021Not available 
Net Worth 2020Not available 
Net worth valuation in 2017 before appearing on Shark Tank  $10 million (business valuation)

Barbell Apparel Pitch on Shark Tank

Company nameBarbell Apparel
ProductFashionable and high-quality pants for athletes and bodybuilders
EpisodeSeason 08 Episode 09
Founders Hunter Molzen and Alex Hanson
Asked for$500,000 for 5% equity
Final dealNo deal 
SharkNo shark
LocationLas Vegas, Nevada

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Barbell Apparel Founders

Hunter Molzen and Alex Hanson founded Barbell Apparel in 2014. Following a simple vision, “clothing should be better,” Alex and Hunter commenced their apparel line specifically for athletes. Alex and Hunter are also athletes and have experience working in business management, sales, and marketing sectors. They created their own business by merging their experience as athletes and professional expertise. Barbell Apparel’s founders Hunter Molzen and Alex Hanson’s net worth is unknown as of 2023.

Key accomplishments

YearAccomplishment
2014Barbell Apparel had their Kickstarter campaign and raised over $735,000.
2017Barbell Apparel was featured on Shark Tank.
2023Currently, Barbell Apparel has 7600+ product reviews and a 93% 5-star rating on the company website.

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Barbell Apparel and its continued success.