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Prime 6 Net Worth 2023 Update (Before & After Shark Tank)

Prime 6, sawdust briquettes business, was started by Riki Franco and Oren Franco in September 2018. As of September 2023, Prime 6 net worth is $2.5 million and they’re pulling in a whopping $1.3 million in annual revenue. 

In November 2021, they appeared on season 12 of Shark Tank USA and made a deal with Kevin O’Leary, for $200,000 for 25% of equity. The final valuation was $800,000, down from the founder’s initial estimate of $2 million.

In 2023, Prime 6 is still in business. Since appearing on Shark Tank, Prime 6 has expanded its product line to include fire starters and various log options. They are also available in many retail and online markets, including Dierbergs, Walmart, etc. Now you can purchase products online from theri official website as well.

Prime6 Net Worth

Net worth$2.5 million (2023)
Annual Sales Revenue$1.3 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorKevin O’Leary
FounderRiki Franco and Oren Franco
Employees4 employees

Don’t miss these product from Season 12

Prime6 Net Worth Timeline

Net Worth 2023$2.5 million
Net Worth 2022$2.5 million
Net worth valuation 2021 after appearing on Shark Tank  $800,000
Net worth valuation 2021 before appearing on Shark Tank  $2 million

Prime6 Pitch on Shark Tank

Company namePrime6
Producteco-friendly, reusable, sawdust briquettes
EpisodeSeason 12 Episode 06
Founders Riki Franco and Oren Franco
Asked for$200,000 for 10% Equity
Final deal$200,000 for 25% Equity
Shark Kevin O’Leary
LocationNew York, United States

Prime6 Founders

Prime6 was founded by Riki Franco and Oren Franco in 2018. Oron Franco is the Founder and CEO of Prime 6. He is a chef and entrepreneur with over 20 years of experience in the food industry. And Riki Franco is the Co-Founder and COO of Prime 6. She is a finance professional with over 10 years of experience in the corporate world. Prime6’s founders, Riki Franco and Oren Franco, have a net worth of $1.7 million as of 2023.

Key accomplishments

YearAccomplishment
2021Appeared on Shark Tank season 12 and Kevin O’Leary invested $200,000 for 25% Equity
2021Launched in over 5,000 new stores, including Kroger and Safeway
2023Nominated for the Fast Company World Changing Ideas Award.

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 Prime6 and its continued success.

What do you think?

Written by GAG Team

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