Hill Billy Shark Tank Update

Hill Billy Shark Tank Update 

Hillybilly is one of those brands that have captured many American hearts with their product. However, was Hilly Billy on Shark Tank? Well, they did appear on Shark Tank a long ago and have owned many American hearts with their product. 

The kind of products they design are their main selling point and the reason they have succeeded in winning over Americans. Hilly Billy’s primary lineups were t-shirts and tank tops that are designed for people who love to go outside. Moreover, it comes with a more American flavor, and that’s where the name comes from. 

Nevertheless, people all over have been curious about the Hilly Billy Shark Tank update. If you have been wondering whether they are in business and so on, then this is the right place. Let’s get started. 

Hilly Billy Shark Tank Profile 

Before digging deep into what happened to Hilly Billy after Shark Tank, let’s look at the table. This table will summarize Hilly Billy’s profile so that you can refresh your memory on this particular Shark Tank episode.

Company Name  Hilly Billy 
Founders Mike Abbaticchio and Shon Lees 
Founded  2004 
Product  American Clothing Line And Beverages 
Business Status  In Business 
Episode (Shark Tank USA)  Season 2, Episode 4 
Asked For  Fifty Thousand American Dollar In Exchange For 25% Of Their Company 
Final Deal  Seventy Five Thousand American Dollar For 100% Equity Of The Company And 7% Royalty On Future Licensing Deals 
Shark  Robert Herjavec, Kevin O’Leary, and Lori Greiner 
Net Worth  $2 Million 
Air Date April 8, 2011 
Headquarters Parkland, Florida 
Website  Visit Website 
Go To Amazon  Get the Product 
Watch On  Amazon Prime 
Instagram Visit Instagram Page 

What Happened In The Hilly Billy Shark Tank Episode? 

The founders, Mike Abbaticchio and Shon Lees, presented Hilly Billy on Shark Tank together. Mike and Shon shared their business idea and how they made sales around $270,000 in almost 4 years. The only place they could do business was around sports events where Americans loved their clothing line. 

As a result, they asked for $50,000 in exchange for 25% of their company. Two of the Sharks instantly backed off as they didn’t like how they made their sales. Their point was that it could only be implemented around big sports events which is like 5 or 6 times a year, 

What Happened In The Hilly Billy Shark Tank Episode

Later on, the negotiation went on and Hilly Billy finally settled for $75,000 for 100% equity of the company and 7% royalty on future licensing deals. However, one special thing about this is that three Sharks contributed to this deal. Robert Herjavec, Kevin O’Leary, and Lori Greiner. 

Mike Abbaticchio and Shon Lees were enthusiastic and looked forward to the deal because of the connections that they would have access to. As a result, even though they initially opposed selling the entire business, they ultimately agreed. 

What Happened To Hilly Billy After Shark Tank? 

If you thought everything went on as planned and the Sharks now own the company then you are wrong. After the Hilly Billy Shark Tank episode, they certainly got the fame the company wanted but the deal didn’t go through. 

After the episode, we learned from Hilly Billy’s Facebook page that they were still working on the deal with the Sharks. To be specific, they were working on the terms and conditions section. However, the deal finally got canceled. 

What Happened To Hilly Billy After Shark Tank

So did it lead to the shutdown of Hilly Billy today? No, Mike Abbaticchio and Shon Lees never gave up and now they are on a whole new level with Hilly Billy. They have expanded their inventory with women’s clothing that includes everything a man can buy from Hilly Billy. 

On the other hand, a unique thing that they came up with was beverages. No one expected a clothing brand to serve beverages to Americans. Yet, they have surprised us once again with all their success. 

Hilly Billy Net Worth 

The founders, Mike Abbaticchio and Shon Lees have set an example that you don’t need investments or connections of famous people to be successful. Currently, the Hilly Billy update of its net worth is that they have crossed over $2 million. 

On the other hand, we have also heard that they have secured partnerships all around the world. As a result, the estimated net worth of Hilly Billy is set to be around $4 million by the year 2024. 

Hilly Billy Net Worth

Hilly Billy Sales Data 

As of now, there are no sales data that is available to the public. However, it’s safe to say that their sales are booming as per their success. They are expanding their inventories and gaining partnerships from different places. When you put these two together, this is the tale of any successful brand.  

On the other hand, the brand itself is dedicated to the American people. Thus, Hilly Billy after Shark Tank has gained many eyeballs from Americans who are ready to support this exceptional business.  

Is Hilly Billy Profitable Now? 

Unfortunately, there’s no official statement or news from the company’s page that they are profitable. Similarly, the owners are not active with the media to talk about Hilly Billy.  

However, all of us can already guess that Hilly Billy is certainly profitable now. Their website is still running and new products are coming out every day which proves our point about its profitability. 

Is Hilly Billy Profitable Now

Conclusion 

To conclude, we hope you have learned enough about the Hilly Billy Shark Tank update today. The American founders have set an example for all of us that if the products are good, you don’t need connections or investment. Today, they own a net worth of $2 million. 

Furthermore, they are estimated to have a net worth of $4 million by next year. Even though the sales data aren’t available, it’s not hard to guess that the business is booming and is certainly profitable.  

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