Butter-Cloth-Shark-Tank

Butter Cloth, Men’s clothing, was started by Danh Tran and Gary Falkenburg in 2016. As of August 2023, Butter Cloth net worth is $5 Million and they’re pulling in a whopping Over $5 Million in annual revenue. 

In October 2018, they appeared on Season 10 of Shark Tank USA and made a deal with Robert Herjavec, for $250,000 for 25% equity. The final valuation was $1 Million, down from the founder’s initial estimate of $2.5 Million.

In August 2023, Butter cloth is still in business. You can purchase their products from their company website and other e – commerce channels.

Butter Cloth Net Worth

Net worth$5 Million
Annual Sales RevenueOver $5 Million
ProfitsNot available
Lifetime SalesNot available
Shark Tank InvestorRobert Herjavec
FoundersDanh Tran and Gary Falkenburg
EmployeesAbout 13 employees

Butter Cloth Net Worth Timeline

Net Worth 2023$5 Million
Net Worth 2022$5 Million
Net Worth 2021$4 Million
Net Worth 2020$3 Million
Net worth valuation 2018 after appearing on Shark Tank  $1 Million
Net worth valuation 2018 before appearing on Shark Tank  $2.5 Million

Butter Cloth Pitch on Shark Tank

Company nameButter Cloth
ProductMens clothing
EpisodeSeason 10 Episode 04
Founders Danh Tran and Gary Falkenburg
Asked for$250,000 for 10% equity
Final deal$250,000 for 25% equity
Shark Robert Herjavec
LocationWest Fairway Carson, CA 90746, United States.

Butter Cloth Founders

Butter Cloth was founded by Danh Tran and Gary Falkenburg in 2018. Danh Tran, was a fashion designer. Tran found that most dress shirts were uncomfortable and stiff. He wanted to create a dress shirt. It would both comfortable and stylish, and he also wanted to use sustainable materials. After all of those ideas he found butter cloth. Butter Cloth’s founders, Danh Tran and Gary Falkenburg, have a net worth of 6 Million USD as of 2023.

Key accomplishments:

YearAccomplishment
2018Appeared on Shark Tank season 10 episode 04.

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 Butter Cloth and its continued success.

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