The Chub Rub Patch Shark Tank Episode 14 Update & Net Worth
The Chub Rub Patch Shark Tank Episode 14 Update & Net Worth The Chub Rub Patch, founded by Brittany Lammon, addresses the common issue of inner-thigh chafing with an innovative patch designed to prevent skin irritation. Brittany appeared on Shark Tank Season 14 and pitched her product to the sharks, seeking $200,000 for 30% equity….
The Chub Rub Patch Shark Tank Episode 14 Update & Net Worth
The Chub Rub Patch, founded by Brittany Lammon, addresses the common issue of inner-thigh chafing with an innovative patch designed to prevent skin irritation.
Brittany appeared on Shark Tank Season 14 and pitched her product to the sharks, seeking $200,000 for 30% equity. Despite her best efforts, Brittany left without a deal. Let’s explore the Chub Rub Patch journey after Shark Tank and its current status.
What is The Chub Rub Patch? How Does It Work?
The Chub Rub Patch is a friction-reducing patch designed to prevent thigh chafing, a common issue many people experience, especially in warmer weather or during physical activities. The patch is lightweight, sweat-proof, and can be worn for 3-4 days at a time.
It provides a comfortable solution to inner-thigh friction while being discreet under clothing, allowing users to wear their favorite outfits without discomfort.
The patches are sold in various colors to match different skin tones, and they are ideal for individuals who are physically active or simply want to avoid the discomfort of chafing. Each patch costs $8.99 and is a single-use product that can be worn for up to four days before needing replacement.
The Chub Rub Patch Shark Tank Episode 14: What Happened at Shark Tank Pitch?
During her Shark Tank appearance, Brittany Lammon sought $200,000 for 30% equity in The Chub Rub Patch. She demonstrated the product’s effectiveness by explaining how the patch helps individuals avoid the painful experience of inner-thigh chafing.
Brittany shared key business insights:
- Manufacturing cost per unit: $2.12
- Retail price: $8.99
- Gross revenue: $105,000 in sales in the year prior to filming
- Return rate: 23%
She also explained that she planned to use the investment for marketing efforts, including social media ads and influencer partnerships. Unfortunately, none of the sharks saw the product as a good investment opportunity, and they all dropped out.
The Chub Rub Patch Shark Tank Pitch Summary
Company Name | The Chub Rub Patch LLC |
Founder | Brittany Lammon |
Product | Patch to prevent inner-thigh chafing |
Amount Asked For | $200,000 for 30% equity |
Final Deal | No Deal |
Investor | None |
Season & Episode | Season 14, Episode 14 |
Lifetime Sales | $2.5M estimated |
Business Status | In Business |
Current Net Worth | $666K |
What Happened To The Chub Rub Patch After Shark Tank?
Although Brittany Lammon left Shark Tank without a deal, her company, The Chub Rub Patch, continued to grow. Following her appearance, the product gained more visibility through social media channels like TikTok and Instagram, where Brittany initially found success.
Since the Shark Tank episode aired, The Chub Rub Patch has expanded its customer base and continues to operate. The product is available for purchase on Amazon and the official website, shipping to multiple countries worldwide, including the United States, Canada, Germany, Brazil, and Israel.
How Much Is The Chub Rub Patch Worth?
As of 2023, The Chub Rub Patch is valued at approximately $666,000. This valuation reflects the business’s steady growth in sales, largely driven by its presence on social media and e-commerce platforms. While the company is still small, it has made notable progress since its launch in 2021.
Is The Chub Rub Patch Still in Business?
Yes, The Chub Rub Patch is still in business as of August 2023. The company continues to sell its products online, catering to customers who experience inner-thigh chafing. With an increasing customer base, particularly through TikTok and other social media platforms, the company is working to expand its reach and scale its sales.
Which Episode Number Was The Chub Rub Patch on Shark Tank?
The Chub Rub Patch appeared on Shark Tank Season 14, Episode 14, which aired on February 17, 2023.
FAQs
Who founded The Chub Rub Patch?
Brittany Lammon founded The Chub Rub Patch in 2021 to address the issue of thigh chafing and provide a solution for women facing this problem.
What is the cost of The Chub Rub Patch?
The Chub Rub Patch retails for $8.99 per pack, and each patch can be worn for up to 3-4 days.
Did The Chub Rub Patch get a deal on Shark Tank?
No, Brittany Lammon did not secure a deal on Shark Tank.
How much is The Chub Rub Patch worth?
As of 2023, The Chub Rub Patch is valued at $666,000.
Is The Chub Rub Patch still in business?
Yes, The Chub Rub Patch is still in business and continues to sell its products online.