“Ice Shaker” got featured on Shark Tank USA in October 2017. It was founded by Chris Gronkowski.
Ice Shaker Net Worth in 2022
Here is an update on Ice Shaker’s net worth so far.
|Ice Shaker’s Net worth before appearing on Shark Tank||660,000 USD (business valuation)|
|Ice Shaker’s Net worth [year between appearing and now]2020||1 Million USD|
|Ice Shaker’s Current Net worth (2022)||2.5 Million USD|
Ice Shaker’s founder Chris Gronkowski has a net worth of 2.5 Million USD as of 2022.
What is Ice Shaker?
Is there a way to keep a drink cool/ hot and fresh for hours without additional effort? Well, with Ice Shaker, the answer is Yes.
Ice Shaker is a double-layered vacuum-insulated shaker bottle. It has tight insulation to prevent spill-up under vigorous shakes. Interested to find out more? Check this out..!
|Episode||Season 12 Episode 9|
|Product||innovative dynamic ergonomic office chair|
|Asked for||$500,000 for 2.5% equity|
|Final deal||No deal|
|Business status||In Business|
Who owns Ice Shaker?
Four brothers Rob, Dann, Glenn, and Gordie round-up with Chris Gronkowski’s idea on the fully sealed double-layered shaker bottle.
Chris has visited the shark tank with a vision to expand his business out of the online platform. Will he be able to win a deal?
What happened at the Shark Tank?
Chris has offered 10% equity of his business for a $100,000 investment from a shark.
He likes working out on his muscles and the shaker bottle already on the market doesn’t work for him. Hence he invented the Ice Shaker. Ice Shaker is a non-sweating stainless steel shaker bottle.
The professional attitudes of the four Gronkowskies have inspired the sharks.
Kevin asked for the business valuation. According to Chris, Ice Shaker has a $20 margin per sale. The all-time revenue of Ice Shaker is $115,000.
All sharks were willing to do business with Ice Shaker.
After hearing the stats, Kevin has offered $100,000 for 20% equity.
A-Rod and Mark have made their offer: $150,000 investment for 20%, followed by Barbara $100,000 for 10% and Lori $100,000 for 15% equity of the business.
Chirs was interested in A-Rod’s and Mark’s offers and has checked the possibility of linking Lori to them. Mark refuses it. 15% equity for a $150,000 investment, Chris’s counter offer. Mark and A-Rod say Yes.
Ice Shaker SHARK TANK UPDATE
Chris and his four brothers have offered 10% equity of their business, Ice Shaker, for a $100,000 investment and they have won two sharks with a $150,000 investment for 15% equity of their company.
What happened to Ice Shaker After the Shark Tank?
As per the stats, after the air date of the shark tank episode, Ice Shaker has increased its sales by 500%. The cost of sales of the product is limited to $5 and they sell for $20.
The business has expanded its product range, and now they offer over 140 varieties of shaker bottles in different colors. Ice Shaker products are available in all The Vitamin Shoppe store locations, Lifetime Fitness shops, and over 3500 GNS stores in America. The Gronkowskies have tightened up their online presence as well.
Due to this great success of the business, Rob Gronkowski has bought the equity of A-Rod and has started his line of shaker bottles, ‘The Gronk’.
The official Instagram page, ‘ice shaker’ has reached over 82,000 followers and the business recognition on Facebook and other social media platforms has been boosted organically.
As per the news, Ice Shakers have reached over $1 million in annual revenue, and are still in operation.
Competitors off Ice Shaker
The main competitors of Ice Shaker include Iceberg Insulated Flasks, Elemental Bottles, ProteinWise, and Smartbody Nutrition Inc.