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|
|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
|Product||Easy to install curtain rod hangers.|
|Episode||Season 9 Episode 5|
|Asked for||$80,000 for 20% equity|
|Location||North Attleboro, Massachusetts|
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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.
|2017||Appeared on Shark Tank season 09.|
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.