Manscaped Grooming Update | Shark Tank Season 10

Father and son duo, Josh and Steve King, pitched their men’s grooming supplies during Shark Tank Season 10. Manscaped has created the only kit that men will need, to stay nicely groomed. Will the sharks see a need and make a deal? Find out in our Manscaped update!

If you’re short on time, here’s a quick overview of what happened to Manscaped after Shark Tank!

Josh and Steve King appeared on Shark Tank Season 10, and made a deal with Lori Greiner and Mark Cuban. The sharks gave them $500,000 for 25% equity in their company. In terms of a Manscaped update, the company is still in business, however the deal with Lori and Mark never finalized.

Shark: Result:
Mark Cuban and Lori Greiner Accepted deal for $500,000 for 25% equity
Kevin O’Leary  No offer
Robert Herjavec  No offer
Charles Barkley No offer

Shark Tank Manscaped Update

Manscaped update

  • Entrepreneurs: Steve and Josh King
  • Business: Self-grooming supplies for men
  • Ask:  $500,000 for 7% equity
  • Result:  $500,000 for 25% equity
  • Sharks:  Lori Greiner and Mark Cuban

Josh and Steve explained the contents of their perfect package, a bundle of products that they have scientifically developed for their manscaping business, Manscaped. The package includes a collection of eight products that all contribute to a man’s healthy hygiene.

MANSCAPED Electric Groin Hair Trimmer, The Lawn Mower 3.0

The 3rd generation below-the-waist trimmer from MANSCAPED is the only trimmer you need to keep your manhood looking trim, neat, and clean. Soft ceramic blades featuring advanced SkinSafe Technology ensures confidence while trimming below-the-waist.

We earn a commission if you make a purchase, at no additional cost to you.

More specifically, Manscaped products are for below the waist grooming and hygiene. At the time of the pitch, the father and son say that 73% of men are manscaping, which has grown astronomically over the years.

Further, Josh says even with the dramatic increase in manscaping, most men don’t know how to do it. That’s why they he and his father have developed an entire line geared to help men take care of their grooming and hygiene the right way.

Let’s talk about the sales numbers that the duo has amassed so far. In 2017, they actually did $1.5 million in sales.

An even better number may be their manufacturing cost of just $12, while their average order value is well just over $50. The sharks certainly seemed interested, although they were actually very concerned about the customer acquisition cost of $16.

With that, there were also concerns about the profit margins. Because of this not all of the sharks would want to get on board.

The first sharks to drop out was special guest Charles Barkley, who didn’t think it was the right investment for him. Further, he didn’t have any experience in the industry.

Likewise, Kevin O’ Leary felt similarly, but also didn’t see a pathway to making money on his initial investment. So for these reasons, he dropped out next.

With three sharks remaining, time was certainly running out for Josh and Steve to strike a deal.

However, Robert Herjavec decided to make an offer of $500,000 for 35% equity, which certainly seemed to disappoint the father and son duo.

Then, Mark Cuban and Lori Greiner decided to team up to make an offer of $500,000 for 25% equity, forcing Robert to revoke his offer and drop out.

That left Josh and Steve to consider the two-shark offer from Mark and Lori, who pledged to sell it on QVC in exchange for the 25% company equity that was mentioned in their offer.

Nevertheless, after a short discussion, Josh and Steve decided to accept the offer from Mark and Lori.

Now, let’s shift focus, to get a Manscaped update following their appearance on Shark Tank!

We have very good news to share in our Manscaped update. Despite the deal never closing with Mark and Lori, the company has had an incredible amount of success since it made its debut on Shark Tank.

It eventually reached a company net worth of $1 billion, according to Yahoo. They have partnerships with several California sports teams, including the Los Angeles Kings NHL team.

They even teamed with with Mark Cuban later on, and Ashton Kutcher. That deal was in collaboration with one of their Shark Tank companies, Slyde Handboards, to run a campaign for Manscaped.

In addition, they have an outstanding website, so make sure to check it out. Additionally, their products can be found in a wide variety of places online and in person.

There are very few companies that have had as much success, and our Manscaped update is one of the best we’ve had.

If we learn anything new about Manscaped, we will certainly let you know. In the meantime, you can check out our other company updates from Season 10 Episode 4 by following the links below!

For even more on companies and products, be sure to stop by our  Season 10 products page!

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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!