Drain Strain, an Anti-clog drain strainer attachment, was started by Naushad Ali in 2014. As of November 2023, Drain Strain’s net worth is $733,333 and they’re pulling in a whopping $3 Million in annual revenue.
On February 3, 2015, they appeared on Season 6 of Shark Tank USA and made a deal with Robert Herjavec, for $110,000 for 10% equity. The final valuation was $1.1 Million, up from the founder’s initial estimate of $733,333.
Drain Strain Net Worth
|Net worth||$733,333 (Business Valuation)|
|Annual Sales Revenue||$3 Million (2022)|
|Lifetime sales||$5 Million|
Drain Strain Net Worth Timeline
|Net Worth 2023||$733,333|
|Net Worth 2022||$600,000|
|Net Worth 2021||$500,000|
|Net Worth 2020||$400,000|
|Net worth valuation in 2015 after appearing on Shark Tank||$1.1 Million|
|Net worth valuation in 2015 before appearing on Shark Tank||$733,333|
Drain Strain Pitch on Shark Tank
|Company name||Drain Strain|
|Product||Anti-clog drain strainer attachment|
|Episode||Season 06 Episode 17|
|Asked for||$110,000 for 15% equity|
|Final deal||$110,000 for 10% equity|
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Drain Strain Founder
Drain Strain was founded by Naushad Ali in 2014. Ali got the idea after experiencing clogged drains in his own home. He worked hard to grow his company. Drain Strain’s founder, Naushad Ali net worth is unknown as of 2023.
|2023||Drain Strain is now available in over 1,200 Home Depot stores|
|2015||Drain Strain appeared on Shark Tank|
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 of Drain Strain and its continued success.