Slick Barrier Pest Control Episode 13 Update | Shark Tank Season 14

Slick Barrier Pest Control Episode 13 Update | Shark Tank Season 14

Slick Barrier, a pest control solution, appeared on Shark Tank in Season 14, Episode 13, where founders Tony and Aaron Gonzales sought $500,000 for a 10% equity stake.

They took their product to Shark Tank Season 14, Episode 13, hoping to secure a deal to help scale their business

They ultimately secured a deal with Lori Greiner for $500,000 in exchange for 15% equity, with $100,000 as a direct investment and the remaining $400,000 structured as a loan.

Since their appearance on Shark Tank, Slick Barrier has experienced significant growth. The company reported $100,000 in sales in the week following the episode’s airing, and they have continued to expand their market presence. As of now, Slick Barrier is actively selling its products online, catering to both homeowners and professional pest control companies.

The product, which creates a smooth, slippery barrier to prevent pests from climbing walls, has been well-received. Slick Barrier offers several kits, with prices ranging from $149 for the ultra-small kit, covering approximately 200 linear feet, to $389 for the ultra-extra large size, which covers 800 linear feet.

While specific current net worth figures for Slick Barrier are not publicly disclosed, the company has shown strong revenue growth, generating about $650,000 in revenue in 2021 and approximately $50,000 per month in 2022.

The partnership with Lori Greiner is expected to further enhance their market reach and sales potential.

What is Slick Barrier? How Does it Work?

Slick Barrier is a revolutionary pest control solution designed to keep pests out without using harmful chemicals. Unlike pesticides, which kill pests after they’ve entered your home, Slick Barrier works by creating a physical, smooth, and slick surface on the walls of your home. This slick surface prevents pests like scorpions, spiders, ants, and cockroaches from climbing up and gaining access inside.

The product is a water-based, eco-friendly liquid that is applied to the exterior of homes. Once it dries, it forms a smooth barrier that most pests cannot grip, making it impossible for them to enter. The product has been tested and proven to be effective in preventing a wide range of pests from entering homes.

Customers can either purchase the product and apply it themselves or hire Slick Barrier to do the job. Each house requires about two to three gallons of the product, depending on its size. Additionally, it’s available as part of a service, where the Slick Barrier team applies the solution for you.

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Slick Barrier Shark Tank Episode 13: What Happened at Shark Tank Pitch?

Tony and Aaron Gonzales entered the Shark Tank seeking $500,000 for 10% equity in their company. They began their pitch by explaining the dangers of pests like scorpions and how their Slick Barrier product could stop pests from entering homes. They shared personal stories about how they were inspired to create this solution after dealing with their own pest problems.

To demonstrate the product’s effectiveness, they invited Kevin O’Leary to step inside a glass container filled with cockroaches and scorpions. Inside the container, they had applied Slick Barrier to a brick, and sure enough, the pests were unable to climb up its slick surface, impressing the sharks.

The entrepreneurs revealed that the product costs about $70 per gallon to produce and is sold for around $100. They also shared that an average home would require two to three gallons of the product for full protection, and that they charge $1,400 for the service to apply the barrier around a house.

While Slick Barrier is available for direct purchase, they also sell the product to pest control companies and offer a professional application service.

In terms of sales, Tony and Aaron told the sharks that they had generated $180,000 in sales in 2020 and $650,000 in 2021. By 2022, they were consistently generating $50,000 per month in sales.

Slick Barrier Shark Tank Pitch Summary

What Happened To Slick Barrier After Shark Tank?

After a compelling demonstration and discussion, Lori Greiner stepped in with an offer. She offered $500,000 for 15% equity, but with a contingency—$100,000 would be given upfront, while the remaining $400,000 would be structured as a loan. This would help the company grow while limiting Lori’s initial risk.

The other sharks, including Mark Cuban, Kevin O’Leary, Robert Herjavec, and Daymond John, all decided to pass on the opportunity. They cited concerns about the high valuation and profitability of the business model. Despite the lack of other offers, Tony and Aaron accepted Lori’s deal.

Following their appearance on Shark Tank, Slick Barrier gained a boost in visibility and sales, thanks to the exposure from the show. The product has become more popular, and they’ve been able to use the funds from Lori’s investment to expand their marketing efforts and production capabilities.

The company continues to offer both the DIY product and professional services, and their website now provides additional information and resources for potential customers.

How Much Is Slick Barrier Worth?

As of 2024, Slick Barrier is estimated to be worth $1 million. The company’s valuation reflects its unique product offering, growing customer base, and patented technology. With Lori Greiner’s investment and strategic guidance, Slick Barrier is expected to continue scaling its operations and increasing sales.

The company’s strong margins—each gallon costs $70 to produce and sells for $100—also contribute to its value. Additionally, the service side of the business, which charges $1,400 for professional installation, further boosts their revenue potential.

Is Slick Barrier Still in Business?

Yes, Slick Barrier is still in business as of January 2024. The company continues to operate successfully, offering both DIY pest control products and professional services. Since their appearance on Shark Tank, they’ve experienced significant growth, with increased demand for their eco-friendly, non-toxic pest control solution.

Their product has gained traction not just among homeowners, but also with pest control companies looking for non-toxic alternatives to pesticides. Additionally, they have been featured on several media outlets and have expanded their presence in the market.

Which Episode Number was Slick Barrier on Shark Tank?

Slick Barrier was featured on Shark Tank Season 14, Episode 13, which aired on January 27, 2023. The company’s appearance on the show helped increase its visibility and brought in new customers, helping them continue to grow their business.

By creating a physical barrier to prevent pests from entering homes, Slick Barrier offers a unique, non-toxic solution to a common problem.

With their patented product and the backing of Lori Greiner, Tony and Aaron are poised to take their company to new heights, providing homeowners with a safer and more effective way to keep pests out. Keep an eye out for Slick Barrier as it continues to expand in the pest control industry.