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) |
| Investor | Daymond John |
| Founders | David Levich, Dan Gershon, and Eric Liberman |
| Employees | 25 |
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 name | SunStaches |
| Product | Fun face wear for birthday parties, holidays, and events |
| Episode | Season 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 |
| Shark | Daymond John |
| Location | Chatsworth, 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:
| Year | Accomplishment |
| 2020 | Sun-Staches got licensing deals with Nickelodeon and other companies. |
| 2014 | Sun-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.
