Kwik-Hang,an easy to install curtain rod hanger business, was started by Derrek Burr in 2013. As of September 2023, Kwik-Hang net worth is $8 million and they’re pulling in a whopping $1 million in annual revenue.
In 2017 they appeared on season 9 of Shark Tank USA seeking $80,000 for 20%of equity valuing the company at $400,000. But the Sharks were not interested in investing in Kwik-Hang. Some sharks saw the potential to develop this business. But they were not confident enough to invest in this business.
In 2023, Kwik-Hang is still in business. Now you can visit their website and purchase their products online.
Kwik-Hang Net Worth
| Net worth | $8 million (2023) |
| Annual Sales Revenue | $1 million (2022) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | None |
| Founder | Derrek Burr |
| Employees | Not publicly available |
Kwik-Hang Net Worth Timeline
| Net Worth 2023 | $8 million |
| Net Worth 2022 | $8 million |
| Net worth valuation 2017 after appearing on Shark Tank | – |
| Net worth valuation 2017 before appearing on Shark Tank | $400,000 |
Kwik-Hang Pitch on Shark Tank
| Company name | Kwik-Hang |
| Product | Easy to install curtain rod hangers. |
| Episode | Season 9 Episode 5 |
| Founder | Derrek Burr |
| Asked for | $80,000 for 20% equity |
| Final deal | None |
| Shark | None |
| Location | North Attleboro, Massachusetts |
Don’t miss these products from Season 09
Kwik-Hang Founder
Kwik-Hang was founded by Derrek Burr in 2013. Kwik-Hang’s founder, Derrek Burr, has a net worth of $8 million as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2017 | Appeared on Shark Tank season 09. |
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 Kwik-Hang and its continued success.