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) |
| Profits | Not Publicly Available |
| Lifetime sales | Not Publicly Available |
| Investor | Mark Cuban |
| Founder | Justin Fenchel, Brad Schultz and Aimy Steadman |
| Employees | Not 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 name | Beatbox Beverages |
| Product | Wine-based punch in a box |
| Episode | Season 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 |
| Location | Somerville, 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
| Year | Accomplishment |
| 2014 | Appeared on Shark Tank season 6 and Mark Cuban invested $1,000,000 for 33% Equity |
| 2018 | Launched first product, a line of flavored sparkling waters |
| 2021 | Expanded 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.
