Hammer and Nails, a men’s grooming, was started by Michael Elliot in 2013. As of September 2023, Hammer and Nails’s net worth is $30 million, and they’re pulling in a whopping $25.5 million in annual revenue.
On September 26, 2014, they appeared on Season 06 of Shark Tank USA, seeking $200,000 for 20% equity, valuing the company at $1 million. However, the Sharks were interested in something other than investing in Hammer and Nails. The sharks felt they needed more confidence in the company’s pitch to make an investment offer.
The company is still open and has expanded to different places in North America. They regularly share updates on their website.
Hammer and Nails Net Worth
| Net worth | $30 million (2023) |
| Annual Sales Revenue | $25.5 million |
| Profits | – |
| Lifetime sales | – |
| Investor | None |
| Founder | Michael Elliot |
| Employees | 88 employees |
Hammer and Nails Net Worth Timeline
| Net Worth 2023 | $30 million |
| Net Worth 2022 | $30 million |
| Net Worth 2021 | $29.5 million |
| Net Worth 2020 | $28 million |
| Net worth valuation 2014 before appearing on Shark Tank | $1 million |
Hammer and Nails Pitch on Shark Tank
| Company name | Hammer and Nails |
| Product | Nail salon for men |
| Episode | Season 06 Episode 01 |
| Founder | Michael Elliot |
| Asked for | $200,000 for 20% equity |
| Final deal | None |
| Shark | N/A |
| Location | California, USA |
Don’t miss these product from Season 06
Hammer and Nails Founder
Hammer and Nails was founded by Michael Elliot in 2013. He founded Hammer & Nails, a men’s grooming franchise, and he’s also won awards for his screenwriting. Hammer and Nails’s founder, Michael Elliotin, has a net worth of 1 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2018 | In 2018, Michal brought in some prominent industry experts |
| 2021 | In 2021, they expanded with 12 new stores in the USA |
| 2022 | As of October 2022, there are a total of 41 franchises, including the original store |
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 Hammer and Nails and its continued success.