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) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Janine and Glen |
| Founders | Melanie Newman & Cory Boyd |
| Employees | Not 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
| Product | Professional dog grooming products made out of plant-derived ingredients |
| Episode | Season 03 Episode 11 |
| Founders | Melanie Newman & Cory Boyd |
| Asked for | $150,000 for 20% equity |
| Company name | Melanie Newman Salon Essentials |
| Final deal | $150,000 for 50% equity |
| Sharks | Janine and Glen |
| Location | Melbourne, 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
| Year | Accomplishment |
| 2017 | Appeared 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.
