FireFighter Turnout Bags Net Worth 2023 Update (Before & After Shark Tank)

Fire-Fighter-Turn-Out-Bags-Shark-Tank-US-Net-worth-Update

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
InvestorLori Greiner
FoundersNicole and Matt Rasor 
Employees1-25 employees

FireFighter Turnout Bags Net Worth Timeline

Net Worth 2023Not 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 nameFireFighter Turnout Bags
ProductBags handcrafted from firefighter uniforms
EpisodeSeason 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
LocationOceanside, 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

YearAccomplishment
2017The company appeared on Shark Tank Season 08 and got the deal from Lori Greiner
2020The 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.

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