For anyone, wall repairing can be a very difficult job but not if they have Wall Doctor. Wall Doctor is an easy-to-apply patch that helps in repairing the cracks and leaks on a wall.
Wall Doctor is a one-step solution to the big problem. 90,000 units were sold of Wall Doctor in the very first year of the product in the market itself. The repairing kit includes everything that is needed to repair a hole ranging from 1 to 4 inches in diameter. It costs around $4.99 and $6.99 to the customer.
Wall Doctor at a glance:
| Business Idea | Wall repairing Kit. |
| Founders | Dr. Jim Lewis |
| Asked For | $150,000 For 10% |
| Accepted Deal | $150,000 For no equity, but with the condition of selling it globally. |
| Sharks | Robert Herjavec |
| Business status | In Business |
| Website | www.walldoctor.com |
| Buy on Amazon | Buy Now! |
Index:
Who owns Wall Doctor?
Dr. Jim Lewis is the founder of Wall Doctor Rx. During the O. J. Simpson murder trial, he has worked as a DNA specialist for NBC and also on “America’s Most Wanted”. Once, during Christmas decoration, while Jim was hanging them on the wall, he cracked a small hole in it.
When he called a handyman, he received a huge bill that he thought was unnecessary and that is when he devised a solution to this problem. Wall Doctor was designed by him, keeping in mind that it is easy to use and costs less than ten dollars! He manufactures the product at $2 and $2.5.
Did Wall Doctor get a deal on Shark Tank?
By the time Dr. Lewis was on Shark Tank, his product was already a hit in the market. He just needed a strategic partner and some financing to grow his brand. He asked for $150,000 for 10% equity of his company, the company’s valuation was $1.5 million. He demonstrated his product by first inviting the sharks to do a system evaluation.
Lori punched a hole in the drywall board and Dr. Lewis impressed everyone with the simple technique to mend the damage. Robert Herjavec was the first to offer $150,000 but not in exchange for equity. He wanted the right to sell the product globally. Kevin O’Leary offered $150,000 for 15%equity and wanted to distribute it globally. This meant that Dr. Lewis would be working as a physician and receive a monthly salary. Daymond John offered $300,000 for 15% and put forth the same condition as Kevin.
Lori Greiner made an offer of $300,000 for 20% and she offered to sell through QVC and overseas market. Mark Cuban went out and Dr. Lewis requested an offer from Robert and Lori. Lori declined and Robert’s deal was accepted.
What happened to Wall Doctor after Shark Tank?
Wall Doctor was on QVC even after Lori was not on board. Lowes also accepted it and it was made one of the world’s leading housing improvement and repairing retailers. Spark Innovations, LLC acquired Wall Doctor after its appearance on Shark Tank.
Wall Doctor Rx was renamed as Wall Doctor. It has acquired ScreenMend, Illumnibowland FiberFox. Dr. Lewis claimed that the brand would make $1 million annually.
Competitors of Wall Doctor
Competitors that challenge Wall Doctor to improve day by day are:-
- Pmaeyecare
- Continental Carpet Care
- Bellevuesecuritycameras
What is the net worth of Wall Doctor?
At the time of the shark tank appearance, Wall Doctor was valued at around $1.5 million. When Jim came on the show, Wall Doctor had $600,000 in sales and as of 2021, it has an annual revenue of more than $5 million.
Is Wall Doctor still in business?
Wall Doctor is doing really good on the website. Wall Doctor is available in Home Depot, Lowe’s, and numerous stores and pharmacies. It also has its own website.  Wall Doctor is safe to say that Wall Doctor is not going anywhere in the near future.
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What is Wall Doctor?
Wall Doctor is a repairing kit that includes everything that is needed to repair a hole ranging from 1 to 4 inches in diameter. It costs around $4.99 and $6.99 to the customer.
Who founded Wall Doctor?
Dr. Jim Lewis is the founder of Wall Doctor Rx. During the O. J. Simpson murder trial, he has worked as a DNA specialist for NBC and also on “America’s Most Wanted”. Once, during Christmas decoration, while Jim was hanging them on the wall, he cracked a small hole in it.