Ever gone to the gym and suffered from wounds cuts and scrapes that were unbearable. Well, now there is an ointment that can help. Presenting the Doc spartan ointment. A natural first aid ointment that helps give relief from those unbearable scars. Made from natural oil and essential oils.
It comes in a deodorant-like roll-on or a Chapstick-like dispenser and a big tin the must-have triple-threat package is where all three are available.
Doc Spartan at a glance:
Business idea | Natural products for skin and beard |
Founders | Dale King and Renee Wallace |
Asked for | $75,000 for 15% |
Accepted deal | $75,000 for 25% |
Sharks | Robert Herjavec |
Business status | In business |
Episode | Season 8 Episode 16 |
Website | Doc spartan |
Index:
Who owns Doc Spartan?
Coming from the small town of Portsmouth Ohio is not as easy as it seems with a city struck with an addiction that the two founders of this company are fighting against. It’s been a hard time for them to come where they are. The founders of this clinical perseverance are Renee Wallace and Dale king who started off as a yoga instructor and an army internal forces militant.
They started the company with only two of them and then grew to a company spanning the whole of Portsmouth today. The ointments are not the only products on sale they have scrubs and soaps and some deodorants on offer.
Did Doc Spartan get a deal on shark tank?
The pitch is a sigh of relief for the two of them. They start off by cracking a joke with the sharks and handing out samples of the products to the sharks. Renee and Dale come into the shark tank seeking $75,000 for 15% of their business. They also tell them how they made their first product.
By showing the before and after images of cuts the sharks are impressed. The two founders want the product to be in the first aid section of all stores. They have tried their best and have sold to tattoo shops, gyms, and online. Now they want to expand in stores.
Lori finds the product packaging very confusing. Mark thinks they have done very less research, therefore, he’s out and Daymond thinks in terms of testing Lori is the boss so he’s out. Lori again spills out her concerns about the product that makes her go out. Finally, Kevin says he likes the product but it is not investable.
Robert likes the product and the owners of the company. He offers them $75,000 for 25% to which they counter with 20%, but Robert disagrees. Dales again counters with an offer that Robert is told to accept and he will buy the first beer if he accepts. Robert agrees and they go ahead with the deal.
What happened to Doc Spartan after shark tank?
The deal went well between Robert and Doc spartan. They started off with only $56,000 in sales and increased their sales to 4000 products a week. The product sells for $9.99 and costs $0.95 to make. They are attending many trade shows and improved their presence on Amazon. Revenue started off as $56,000 sales which increases to $ 1.7 million in 2021.
- The product is made from coconut and ointment
- There are other products on offer like scrubs, soaps, Deodorants, and more other than their signature ointment
- Their signature ointment can answer and heal anything that your life may throw at you.
- Ready to heal any scar or wound or cut.
What is the net worth of Doc Spartan?
At the time of the shark tank appearance, Doc Spartan was valued at around $300,000. The company has a valuation of $3.25 million as of 2022.
Is Doc Spartan still in business?
Yes, Doc Spartan is Still in business. Doing well in sales and retail stores around the country. The company saw itself in many retail stores before shark tank and wanted a strong retail presence for the product which they saw as being their future. The company has helped millions from brutal wounds healed for the better. The company is making a difference in many lives and changing lives for the citizens of Portsmouth.
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What is Doc Spartan ?
The Doc spartan ointment. A natural first aid ointment that helps give relief from those unbearable scars. Made from natural oil and essential oils.
It comes in a deodorant-like roll-on or a Chapstick-like dispenser and a big tin the must-have triple-threat package is where all three are available.
Who founded Doc Spartan?
Dale King and Renee Wallace founded Doc Spartan
Did Doc Spartan get a deal on shark tank?
Yes, They get 75,000 for 25% of their company with Robert.