What Happened to Bottle Breacher After the Shark Tank pitch?
What Bottle Breacher?
Bottle Breacher is a veteran-owned business that sells custom-engraved bottle openers fashioned from.50-caliber bullets.
Rather than being spray painted, each Bottle Breacher is manually polished and powder coated. Personal engraving is available for one-of-a-kind presents.
Crane mostly distributes the openers to businesses as promotional items and as groomsmen’s gifts, but anybody may purchase one from the company’s website.
There are also a plethora of one-of-a-kind, custom-designed bottle openers.
Who is the Founder of Bottle Breacher?
Elijah Crane, a former Navy Seal turned entrepreneur, founded Bottle Breacher.
When Eli Crane, the creator and CEO of Bottle Breacher, returned from deployment, he got a gift from his brother.
Crane launched Bottle Breacher in 2012, and the Bottle Breacher was first sold on Etsy.
All of the goods are created by active duty, reserve, and veteran service members.
Eli was appreciative for the gift, which was a bottle opener manufactured from a dummy bullet, but he was also curious. “I can improve this,” he reasoned to himself.
So he set out on a quest to design and construct what has become a hugely popular personalised present that can now be seen in homes all around the world.
What Happened to Bottle Breacher at the Shark Tank Pitch?
Elijah entered Shark Tank with his wife, Jen, asking for $150,000 for a 10% interest in the firm, valuing the company at $1.5 million.
They describe the gadget and assert that they have invented the greatest bullet bottle opener on the market. Each Shark receives a beer as well as a personalized opener.
Their labour cost is $9.03, and they claim to have $500,000 in sales with more than $800,000 expected for the year.
Elijah goes on to say that they smash each bottle, hence the name.
Lori wonders whether they can make them out of various bullets. Lori asks whether some people are terrified of bullets, but they aren’t.
Kevin inquires as to why they want the cash, and they respond that they need them to expand their manufacturing facilities.
Elijah explains how he failed his first try to join the Navy Seals but did not give up. He’s concluded his military duty, and now they’ll focus on the business.
Mr. Wonderful is impressed with the goods and offers $150K in exchange for a 20% discount.
Elijah wants to hear other solutions out of respect for the other Sharks. Daymond offers $200K in exchange for a 25% license commission.
Daymond offers to take Robert’s place when he steps out to make space for Mr. Wonderful.
Mark says he’ll share the money with Kevin 50/50 ($75K each for 10%).
Kevin and Mark offer Elijah a $150,000 for a 20% stake in their company.
What Happened to Bottle Breacher After the Shark Tank pitch?
Many customers were upset since their things did not arrive on time, but they have addressed their complaints and are back on track.
Mr. Wonderful mentioned Bottle Breacher’s logistical issues.
They say that their website crashed and that 60,000 pieces were sold following the show’s airing. They raised output from 175 to over 1000 items per day and grew their workforce from 8 to 32 people.
They’ve generated $2.5 million in sales, but orders are taking a long time to fill.
Despite their obstacles, Bottle Breacher appears to be on its way.
Since collaborating with Kevin, Elijah and Jen claim to have generated $4.2 million in sales.
The agreement between Mark and Kevin looks to have been finalized.
What is the Net Worth of Bottle Breacher?
Elijah approaches Shark Tank with Jen, seeking $150,000 for a 10% stake in the company. This increases the company’s valuation to $1.5 million.
They accepted Kevin and Mark’s offer of $150,000 for a 20% ownership, equating to a $750,000 valuation.
Who are the Competitors of Bottle Breacher?
Bottle Breacher’s competitors include Babel Gifts, Metal Badge, Shuen Fuh Enterprise, Brightway Gifts, QUIKO, Micanan, Manaras-Opera, and Door.
Bottle Breacher FAQS
Who began Bottle Breacher?
Eli and Jen Crane, the husband-and-wife entrepreneurs behind Bottle Breacher, credit the majority of their success to the United States armed forces.
Bottle Breacher, based in Tucson, Arizona, was started in 2013 and is a veteran-owned and operated business that sells custom-engraved bottle openers made from 50-caliber bullets.
Bottle Breacher aired on Shark Tank during which season?
Bottle Breacher made an appearance on Shark Tank in Season 6 Episode 8?
When was Bottle Breacher aired on Shark Tank?
Eli and Jen Crane, the owners of Bottle Breacher, went on Shark Tank in November 2014 and struck a deal with legendary Sharks Kevin O’Leary and Mark Cuban.
The company has been highly successful since its appearance on Shark Tank, with revenues surpassing $17 million.
Where can they find Bottle Breacher?
Bottle Breacher LLC is a Forging and Stamping company situated in Tucson, Arizona.
Where is Bottle Breacher manufactured?
Bottle Breacher is made in Arizona and other states around the country.
How does it generate revenue?
Bottle Breacher provides common things such as the bullet bottle opener (BBO), specialist items such as personalized bullet keychains, and fully customized items such as bullet backpacks, key rings, carabiners, and more.
Where does Bottle Breacher sold?
Bottle Breacher items are available through their website, Amazon, and wholesalers.
When was Bottle Breacher founded?
Bottle Breacher began as a veteran-owned and run small company in 2013.
Is it possible for their Breacher to tarnish or rust?
Because their Breachers are constructed of genuine brass, they will tarnish with time, particularly if stored in a kitchen drawer.
Blue Magic Polish is a simple cure that can be found at most car outlets, including Walmart, O’Reilly Auto Parts, and Pep Boys. Blue Magic Polish may now be purchased online.
Do they have a phone number where they may reach them?
They do not currently offer phone support since they think that email delivers the best customer care. They answer to every email they get.
Do they provide volume discounts for large orders?
They provide a range of discounts based on the type of their order.
If they want to buy corporate gifts or place a large order for a non-profit, they should contact [email protected].
Is it possible to alter their order once they’ve placed it?
They make every effort to dispatch orders as fast as possible, thus the window for making changes or cancelling purchases is rather small.
Please notify them as quickly as possible, and as long as the order has not been returned to production, they will do their best to make the required revisions.
They can’t cancel or change their order once it’s been returned to production, even if it hasn’t arrived yet.
What was Eli Crane’s invention?
50-caliber ammunition Former Navy SEAL Eli Crane was inspired to design the Bottle Breacher after his brother, Gabe, a Marine who flew SuperCobra helicopters, presented him a similar gadget he discovered in the Philippines.