Beatbox Beverages Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateBeatbox-Beverages

Beatbox Beverages, Wine-based punch in a box, was started by Justin Fenchel, Brad Schultz and Aimy Steadman in 2013. As of October 2023, Beatbox Beverages net worth is $11.5 million. And they’re pulling in a whopping $2.3 million in annual revenue. 

In October 2014, they appeared on season 6 of Shark Tank USA. And made a deal with Mark Cuban, for $1,000,000 for 33% of equity. The final valuation was $3.03 million, up from the founder’s initial estimate of $2 million.

BeatBox Beverages is still in business as of November 2023. BeatBox Beverages is now available in over 40,000 retail locations across the United States, and the company has also expanded its product offerings to include new flavors and formats. Visit their official website for more details.

Beatbox Beverages Net Worth

Net worth$11.5 million (2023)
Annual Sales Revenue$2.3 million (2023)
ProfitsNot Publicly Available
Lifetime salesNot Publicly Available
InvestorMark Cuban
FounderJustin Fenchel, Brad Schultz and Aimy Steadman
EmployeesNot Publicly Available

Beatbox Beverages Net Worth Timeline

Net Worth 2023$11.5 million
Net Worth 2022$11 million
Net worth valuation 2014 after appearing on Shark Tank  $3.03 million
Net worth valuation 2014 before appearing on Shark Tank  $2 million

Beatbox Beverages Pitch on Shark Tank

Company nameBeatbox Beverages
ProductWine-based punch in a box
EpisodeSeason 6 Episode 06
Founders Justin Fenchel, Brad Schultz and Aimy Steadman
Asked for$200,000 for 10% Equity
Final deal$1,000,000 for 33% Equity 
Shark Mark Cuban
LocationSomerville, Massachusetts

Don’t miss these product from Season 06

Beatbox Beverages Founders

Beatbox Beverages was founded by Justin Fenchel, Brad Schultz and Aimy Steadman in 2013. Daniel and Michael Fisher are both passionate about food and beverage innovation. They have a deep understanding of the RTD beverage industry and a strong vision for the future of BeatBox Beverages. Beatbox Beverages’s founders, Justin Fenchel, Brad Schultz and Aimy Steadman, have a net worth of $7.5 million as of 2023.

Key accomplishments

YearAccomplishment
2014Appeared on Shark Tank season 6 and Mark Cuban invested $1,000,000 for 33% Equity 
2018Launched first product, a line of flavored sparkling waters
2021Expanded distribution to Canada and Mexico

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 Beatbox Beverages and its continued success.