What Happened to Tree T-Pee After the Shark Tank Pitch?
What is Tree T-Pee?
Tree T-PEE is a device made by the agricultural company GSI Supply, Inc. It is cone-shaped or teepee-shaped and acts as a water and fertilizer retention system for trees ranging in age from one to five years.
Every unit is constructed in the United States using recycled plastic and is built to last for more than two decades.
The Tree T-PEE is now available in two colours, white and black, to provide optimal performance regardless of location or temperature.
It reduces water demand per tree from 10,000 gallons per tree per year to 800 gallons per tree in warm, southern locations.
Not only does it conserve water, but it also guards against frost during the uncommon and potentially devastating southern frost.
When the weather in Florida turns cold, hundreds of acres of citrus trees can be damaged; good frost protection can be the difference between a good crop and bankruptcy for an orange grower.
It is also available in bespoke colours and may be imprinted with logos.
Who is the Founder of Tree T-Pee?
John G. Georges founded GSI Supply, Inc. on March 2, 2005. Rick Georges, his father, created the tree T-PEE, which John later modified and commercialized.
John was born and raised in Winter Haven, Florida, where his father was a pioneer in the citrus industry.
Following in the footsteps of his hardworking parents, he sought employment at a young age and began working in agriculture immediately after leaving job school.
He worked for his father’s company, Georges Enterprise Inc., for over twenty years before founding his own.
Prior to entering the business sector, the founder of GSI Supply, Inc. was committed to his father’s organization.
Over the course of his two decades, he claims he built over 10,000 pumps and motors, as well as over 30,000 acres of irrigation systems.
His first-hand experience in citrus farming inspired him to start his own company so that he could share his expertise and discoveries with his colleagues in the industry.
Acceptance of his different techniques took time, or “one farmer at a time,” as John phrased it. Nonetheless, he was able to develop and eventually become an industry leader, much like his father before him.
What Happened to Tree T-Pee at the Shark Tank Pitch?
Johnny appeared on Shark Tank Season 5 Episode 7 and asks for $150,000 in exchange for a 20% share in the company. This is worth $750,000 in total. He grows upset as he begins to recount the story.
He then shows how Tree T Pee works and assesses the product’s profitability. Mr. Wonderful takes it and wonders why he isn’t selling it in California.
Johnny sells them for $4.50 after deducting the $2.95 manufacturing cost. He’s sold over 127,000 pieces, each of which is expected to endure 20 years.
He then goes on to explain how his father invented the product. Mark asks if Johnny has approached any wholesalers, and Johnny says that he only sells to people he knows.
Mr. Wonderful thinks they should be $12 apiece, while Mark asks why he doesn’t sell them for $7.
Johnny intends to keep the price as low as possible since farmers cannot afford it. Mr. Wonderful exits, and John Paul continues by asserting that farmers are the backbone of America, and that some of them are likely willing to pay $6 or $7 for the Tree T Pee.
John Paul says he’ll offer Johnny anything he wants, including the entire $150,000 for a 20% stake in Tree T Pee.
According to John Paul, Johnny is doing a lot of good, and he wants to help John Paul do even better.
What Happened to Tree T-Pee After the Shark Tank Pitch?
Johnny has collaborated with John Paul on presentations to large organizations since his stint on Shark Tank.
Tree T Pee is now available at Florida Home Depot locations for $9.97, with ambitions to grow into a much larger market.
On their website, they sell the black version of the Tree T Pee, and their Facebook page has over 36,000 followers.
The price of tree T PEE at Florida Home Depot has climbed to $9.97, according to a recent Shark Tank article. The black colour of Tree T PEE is exclusively available on their website.
Rick, Johnny’s father, died more than a decade ago, but he would be pleased of his son’s work on behalf of the American farmer.
Pope John Paul II Johnny’s financial and economic support allows the partnership to expand the reach of tree T PEE and aid farmers in saving their crops while conserving water, power, and money.
The product is presently available at Florida Home Depot stores and online. On the internet, the product is available for $8. In addition to the Tree T Pee, the website sells a variety of business-related things for $25.
Tree T Pee is available in two colours: white and black. Only the black type is currently available on the internet, according to Johnny Georges, since he believes it is the most helpful to plants.
Fast forward to December 2021, and the company is still thriving, with yearly revenues of $5 million.
What is the Net Worth of Tree T-Pee?
Johnny appeared on Shark Tank Season 5 Episode 7 and asks for $150,000 in exchange for a 20% share in the company. This equates to a $750,000 valuation.
Who are the Competitors of Tree T-Pee?
Tree T-pee does not have any competition.
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Tree T-Pee FAQS
What is the price of Tree T-Pee?
It is available for $9.97 at Florida Home Depot stores.
How does Tree T-Pee work?
Tree T-pee is a plastic device fitted around an orange tree’s trunk which allows water to flow to its roots – but only when the roots request it.
Where is Tree T-Pee available?
Tree T-Pee is currently available at Florida Home Depot stores and online. On the internet, the product is available for $8.
In addition to the Tree T-Pee, the website sells a variety of business related things for $25.
How much does it cost to make a set of Tree T-pee?
It costs about $2.95
Who founded Tree T-Pee?
John G. Georges founded GSI Supply, Inc. on March 2, 2005. Rick Georges, his father, created the tree T-PEE, which John later modified and commercialized.
How much was Tree T-Pee seeking in the Shark Tank?
He was asking for $150,000 for 20% of the company – worth $750,000.
Did Tree T-Pee get a deal on the Shark Tank?
Yes. John Paul got a deal for $150,000 for a 20% stake in the company from John Paul.
What happened to Tree T-Pee after the Shark Tank?
Johnny Georges has collaborated with John Paul on presentations to large organizations since his stint on Shark Tank.
Tree T-Pee were available at Florida Home Depot locations for $9.97, with ambitions to grow into a much larger market.
What is the website of Tree T-Pee?
The website of tree t-pee is www.treetpee.com
Is Tree T-Pee still in business?
Yes, as of December 2021, and the company is still thriving, with yearly revenues of $5 million.
