Hegs Pegs Net Worth 2024 Update (Before & After Shark Tank)
Hegs Pegs, A peg with hooks, was started by Scott Boocock in 2012. As of January 2024, Hegs Peg’s net worth is unavailable. However, as per the company valuation on the Shark Tank pitch, It is $3.8 Million and they’re pulling in a whopping $1 million in annual revenue.
On March 8, 2015, they appeared on season 1 of Shark Tank Australia and made a deal with Naomi, for $100,000 for 15% of equity. The final valuation was $666,666, down from the founder’s initial estimate of $3.8 Million.
Hegs Pegs is still in business and you can still Hang or hook your clothing with Hegs Pegs. Their products are available to purchase on the official website.
Hegs Pegs Net Worth
Net worth | $3.8 Million (2015) |
Annual Sales Revenue | $1 million (2023) |
Profits | – |
Lifetime sales | – |
Investor | Naomi |
Founder | Scott Boocock |
Employees | 10 to 15 |
Hegs Pegs Net Worth Timeline
Net Worth 2024 | Unavailable |
Net Worth 2022 | Unavailable |
Net Worth 2021 | Unavailable |
Net Worth 2020 | Unavailable |
Net worth valuation in 2015 after appearing on Shark Tank | $666,666 |
Net worth valuation in 2015 before appearing on Shark Tank | $3.8 Million |
Hegs Pegs Pitch on Shark Tank
Product | A peg with hooks |
Episode | Season 01 Episode 05 |
Founder | Scott Boocock |
Asked for | $380k for 10% Equity |
Company name | Hegs Pegs |
Final deal | $100,000 for 15% Equity + $280,000 Loan |
Shark | Naomi |
Location | SOUTH AUSTRALIA, 5045 Australia |
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Hegs Pegs Founder
Hegs Pegs was founded by Scott Boocock in 2012. He is a successful entrepreneur. He worked hard to grow his business. Hegs Pegs’s founder, Scott Boocock net worth is unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2024 | Hegs Peg’s founder Scott Boocock gained national and international fame. |
2015 | Hegs Pegs appeared on Shark Tank. |
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 Hegs Pegs and its continued success.