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Melanie Newman Salon Essentials Net Worth 2024 Update (Before & After Shark Tank)

Melanie Newman Salon Essentials, a professional dog grooming product made out of plant-derived ingredients, was started by Melanie Newman & Cory Boyd in 2004. As of January 2024, Melanie Newman Salon Essentials net worth is $3.5 million and they’re pulling in a whopping $5 million in annual revenue. 

In July 2017, they appeared on season 3 of Shark Tank Australia and made a deal with Janine and Glen, for $150,000  for 50% of equity. The final valuation was $300,000, down from the founder’s initial estimate of $750,000.

Melanie Newman Salon Essentials is still in business as of 2024. Those are a range of Holistic shampoo & conditioners with all natural ingredients. If you want to purchase their products online, visit their official website.

Melanie Newman Salon Essentials Net Worth

Net worth$3.5 million (2023)
Annual Sales Revenue$5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorJanine and Glen
FoundersMelanie Newman & Cory Boyd
EmployeesNot publicly available

Melanie Newman Salon Essentials Net Worth Timeline

Net Worth 2024$3.5 million
Net Worth 2022$3 million
Net worth valuation 2017 after appearing on Shark Tank  $300,000
Net worth valuation 2017 before appearing on Shark Tank  $750,000

Melanie Newman Salon Essentials Pitch on Shark Tank

ProductProfessional dog grooming products made out of plant-derived ingredients
EpisodeSeason 03 Episode 11
Founders Melanie Newman & Cory Boyd
Asked for$150,000  for 20% equity
Company nameMelanie Newman Salon Essentials
Final deal$150,000  for 50% equity
SharksJanine and Glen
LocationMelbourne, Victoria, Australia

Don’t miss these product from Season 03

Melanie Newman Salon Essentials Founders

Melanie Newman Salon Essentials was founded by Melanie Newman & Cory Boyd in 2004. They have a net worth of $3.5 million as of 2024.

Key accomplishments

YearAccomplishment
2017Appeared on Shark Tank season 03 and Janine and Glen invested $150,000  for 50% equity

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 Melanie Newman Salon Essentials and its continued success.

What do you think?

Written by GAG Team

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