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SunStaches Net Worth 2023 Update (Before & After Shark Tank)

SunStaches, Fun face wear for birthday parties, holidays, and events, was started by David Levich, Dan Gershon, and Eric Liberman in 2011. As of September 2023, SunStaches’ net worth is $11 Million and they’re pulling in a whopping $6 Million in annual revenue.

On October 17, 2014, they appeared on Season 6 of Shark Tank USA and made a deal with Daymond John, for $300,000 for 20% equity. The final valuation was $1.5 Million, down from the founder’s initial estimate of $6 Million.

SunStaches is still in business as of September 2023. The company’s website is active and can purchase its products from Amazon.

SunStaches Net Worth

Net worth$11 Million (2023)
Annual Sales Revenue$6 Million (2023)
Profits$750K
Lifetime sales$4.1 million (2023)
InvestorDaymond John
FoundersDavid Levich, Dan Gershon, and Eric Liberman
Employees25

SunStaches Net Worth Timeline

Net Worth 2023$11 Million
Net Worth 2022$10 Million
Net Worth 2021$8 Million
Net Worth 2020$6 Million
Net Worth Valuation 2014 after appearing on Shark Tank$1.5 Million
Net worth valuation 2014 before appearing on Shark Tank  $6 Million

SunStaches Pitch on Shark Tank

Company nameSunStaches
ProductFun face wear for birthday parties, holidays, and events
EpisodeSeason 06 Episode 05
Founders David Levich, Dan Gershon, and Eric Liberman
Asked for$300,000 for 5% equity
Final deal$300,000 for 20% equity
SharkDaymond John
LocationChatsworth, California, 91311, United States

SunStaches Founders

SunStaches was founded by David Levich, Dan Gershon, and Eric Liberman in 2011.  The founders of Sun-Staches, David Levich, Eric Liberman, and Dan Gershon, have been friends since high school. The founders’ mission is to create the best party glasses on the planet. SunStaches’s founders, David Levich, Dan Gershon, and Eric Liberman, have a net worth of USD 11 Million as of 2023.

Key accomplishments:

YearAccomplishment
2020Sun-Staches got licensing deals with Nickelodeon and other companies.
2014Sun-Staches appeared on Shark Tank in 2014.

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 Spretz and its continued success.

What do you think?

Written by GAG Team

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