Kwik-Hang Net Worth 2024 Update (Before & After Shark Tank)
Kwik-Hang,an easy to install curtain rod hanger business, was started by Derrek Burr in 2013. As of May 2024, Kwik-Hang net worth is $8.2 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.
Kwik-Hang is still in business. Now you can visit their website and purchase their products online.
Become Part of the Shark Tank
Passionate about Shark Tank? Discover success stories, insider secrets, unique innovations, entrepreneurial journeys, and the latest updates. Join our Facebook community now and be part of the excitement. The only place on the internet for Shark Tank fans!
Kwik-Hang Net Worth
Net worth | $8.2 million (2024) |
Annual Sales Revenue | $1 million (2023) |
Profits | Not publicly available |
Lifetime sales | $9 million (2023) |
Investor | None |
Founder | Derrek Burr |
Employees | Not publicly available |
Kwik-Hang Net Worth Timeline
Net Worth 2024 | $8.2 million |
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 is unavailable. However, company’s net worth as of 2024, is $8.2 million. One of the main worth of Derrek Burr is Kwik-Hang. Therefore, Derrek Burr should have more than $8.2 million net worth as of 2024.
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.