Paint Brush Cover Net Worth 2024 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-Update-Season-5-Episode-22-Paint-Brush-Cover

Paint Brush Cover, the paint brushand roller protector cover was started by John DePaola, Sal DePaola, and Anthony DePaola in 2012. As of March 2024, Paint Brush Cover net worth is $5 million. And they’re pulling in a whopping $5 million in revenue every year to back it up.

In April 2014, they appeared on Season 5 of Shark Tank USA. And made a deal with Lori Greiner for $200,000 for 20% of equity. The final valuation was $1 million, higher from the founder’s initial estimate of $500,000.

Paint Brush Cover is still in business. If you want to buy a plastic cover to prevent your paint brushes from drying, visit their company website

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Paint Brush Cover Net Worth

Net Worth$5 Million (2024)
Annual Sales Revenue$5 Million (2023)
Profits
Life time Sales
InvestorLori Greiner
FounderJohn DePaola, Sal DePaola, and Anthony DePaola
Employees20

Paint Brush Cover Net Worth Timeline

Net Worth 2024$5 Million 
Net Worth 2023$5 Million 
Net Worth 20224 Million
Net worth 2014 after appearing on Shark Tank $1 Million
Net worth 2014 before appearing on Shark Tank  $500,000 

Paint Brush Cover Pitch on Shark Tank

Company namePaint Brush Cover
Productplastic cover for preventing paint brushes from drying out for up to weeks
EpisodeSeason 05 Episode 22
Founders John DePaola, Sal DePaola, and Anthony DePaola
Asked for$500,000 for 10% Equity
Final deal$200,000 in exchange for 20% equity
Shark Lori Greiner
LocationJackson, New Jersey

Don’t miss these product from Season 5

Paint Brush Cover Founders

Paint Brush Cover was founded by John DePaola, Sal DePaola, and Anthony DePaola in 2012. John DePaola, Sal DePaola, and Anthony DePaola are from New Jersey. John and Sal are brothers and Antonany the other co-founder is a friend of them. These trio have ample experience in painting and their experience guided them to innovate this product. Paint Brush Cover’s founders, John DePaola, Sal DePaola, and Anthony DePaola net worth is unavailable. However, according to the deal in the Shark Tank pitch, they had 80% equity in the company. Therefore John DePaola, Sal DePaola, and Anthony DePaola should have more than $ 800K net worth as of 2024.

Key accomplishments

YearAccomplishment
2014Appeared on Shark Tank Season 5 and Lori Greiner invested $200,000 in exchange for 20% equity, which was higher than the estimated value. 
2015Within short time after appearing on Shark tank they opened 14,000 stores and had amassed over $2.5 million in sales.
2015They made deals with Home Depot, Ace Hardware, True Value and Sherwin-Williams. And also, they further included Roller Cover into their product list. 

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 Paint Brush Cover and its continued success.

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