FireFighter Turnout Bags, a bags product, was started by Nicole and Matt Rasor in 2008. FireFighter Turnout Bags’s net worth was $500K in 2017 based on the Shark Tank deal.
On February 10, 2017 they appeared on Season 08 of Shark Tank USA and made a deal with Lori Greiner, $250,000 for 50% equity.
In 2021, Nicole decided to close down the company permanently so, she could spend more time with her family. The company’s products are still selling on its e-commerce channels such as its website and Amazon. Even though Nicolo said that it seems through the website that the business is still going on, however, it is not clear for sure.
FireFighter Turnout Bags Net Worth
| Net worth | $500K (When appeared on Shark Tank) |
| Annual Sales Revenue | $194K (2020) |
| Profits | $70K (2020) |
| Lifetime sales | – |
| Investor | Lori Greiner |
| Founders | Nicole and Matt Rasor |
| Employees | 1-25 employees |
FireFighter Turnout Bags Net Worth Timeline
| Net Worth 2023 | Not Disclosed |
| Net worth valuation 2017 after appearing on Shark Tank | $500K |
| Net worth valuation 2017 before appearing on Shark Tank | $750K |
FireFighter Turnout Bags Pitch on Shark Tank
| Company name | FireFighter Turnout Bags |
| Product | Bags handcrafted from firefighter uniforms |
| Episode | Season 08 Episode 16 |
| Founders | Nicole and Matt Rasor |
| Asked for | $250,000 for 33% equity |
| Final deal | $250,000 for 50% equity |
| Shark | Lori Greiner |
| Location | Oceanside, California, USA |
Don’t miss these product from Season 08
FireFighter Turnout Bags Founders
FireFighter Turnout Bags was founded by Nicole and Matt Rasor in 2008. Niki, the wife of firefighter Matt Rasor, is the brain behind Firefighter Turnout Bags. They first crossed paths at FDIC in Indianapolis a couple of years ago. FireFighter Turnout Bags’s founders, Nicole and Matt Rasor, have a net worth unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2017 | The company appeared on Shark Tank Season 08 and got the deal from Lori Greiner |
| 2020 | The company sold $194,000 worth of bags, profiting about $70,000. The average bag costs $130 and costs $60 to make |
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 FireFighter Turnout Bags and its continued success.