Slick Barrier Pest Control Update | Shark Tank Season 14
From spiders to cockroaches, scorpions, bed bugs, ants and rodents, these common pests are unwelcome intruders. That’s why Tony Gonzales and Aaron Gonzales have come up with a solution to keeping them out of the house. Will the sharks make them a deal on
Shark Tank Slick Barrier Update
- Entrepreneurs: Tony Gonzales and Aaron Gonzales
- Business: Pest barrier for home exterior
- Ask: $500,000 for 10% equity
- Result: $500,000 for 15% equity
- Sharks: Lori Greiner
Tony and Aaron brought their pest control product to
It dries hard, smooth, and slick, stopping pests from crawling up and inside the home. The guys invited Kevin O’Leary to try out the product by introducing him to a container filled with cockroaches and scorpions.
After some impressive demonstrations, it was time for Tony and Aaron to share some details about their business with the sharks. With an implied valuation of $5 million, the sharks want to know how many sales the company has had over the last year.
Tony and Aaron told the sharks that they had $180,000 in gross sales for the 2020 calendar year.
In 2021, the company generated about $650,000 in revenue. In 2022, the company was generating about $50,000 per month selling its pest control products to pest control companies and other entities.
A gallon of the product costs about $70 per unit to produce. An average house would require two or three gallons, depending on its size. The company also offers a service to go and integrate the product into someone’s house, which costs approximately $1,400 to the homeowner.
Lori Greiner decided to make a contingent offer of $500,000 for 15% equity. She would give $100,000 upfront but she wanted the remaining $400,000 to be considered as a loan. Tony and Aaron decided to accept her offer after not receiving any other offers from the other sharks.
What happened next for their company? Keep reading our Slick Barrier update to find out!
We have great news to share in our Slick Barrier update! The company has received a nice marketing boost from appearing in Season 14. Slick Barrier is still in business and has managed to generate new levels of exposure through marketing and advertising.
Tony and Aaron continue to manage the business and are expecting to surpass their 2022 revenues. Products and additional company information are available on the Slick Barrier website.
When we get more news on a Slick Barrier update we will let you know!
Do you want to learn about the other companies featured in Season 14 Episode 13? Follow the links below for our other company updates from the episode.
For even more on companies and products, be sure to stop by our Season 14 Products Page!
Jeremy is a regular contributor at Shark Tank recap. He has a ton of passion for the show and enjoys researching information about what all the companies are up to now. His favorite Shark Tank companies are The Cookie Dough Cafe and Kronos Golf!