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BevBuckle Net Worth: Free Hands with Open Beverage 




BevBuckle Net Worth

We all struggle to do other activities while holding a can of liquor. But, in 2002, BevBuckle was launched into the market as a solution to this problem by Kriner.

BevBuckle is a free-of-charge tool that you might require to support your beverage when you are chopping vegetables or grilling meat.

He introduced his company on Shark Tank, episode 1 of season 4, hoping to win over the Sharks. Was it a hit? Follow the article to know about it.

About the Founder

The owner of the company is Jay Kriner. The idea behind his invention came as he tends to balance his drink against the buckle on his belt in clubs. One day, he realized this problem and came with BevBuckle. On his website and at beer ceremonies, he offered BevBuckle for sale.

He held a licensing deal for the item, commonly referred to as the Beer Buckle, at the time of the recording.

Founding the BevBuckle 

A belt that is made to hold beverages is called BevBuckle.

According to the BevBuckle web page, this item is the initial extendable waist buckle that allows your preferred tinned or bottled beverage.

Using a belt with a buckle frees up your hands from holding the drink so you may do something else like greet a person’s hand, prepare meat for a barbecue, or even consume a bag of chips. The customers can select from several styles to use with BevBuckle.

Shark Tank Appearance 

The BevBuckle, according to Kriner, is one of the greatest intriguing ideas that have ever been featured on a Shark Tank program.

The businessman continued by saying that it was challenging to maintain the balance of beverages while mixing with partygoers, from which he developed the idea for BevBuckle.

O’Leary had concerns regarding his sales and questioned about it. Indeed, Jay has grossed more than 4,000 pieces in the past four seasons. This translates to sales of $340,000.00, which somewhat eases the Sharks’ minds. The Sharks were disappointed to hear that. Jay is the owner of the patent and can sell the Bev Buckle for $10 apiece. According to the front layout, the buckles can be priced between $35 to $110.

Jay requested an investment of $50,000 with 10% equity. Robert Herjavec delivered the initial offer, but he demanded 75% ownership of the company. Jay was quite hesitant about it. However, in between their conversation, Barbara interrupted and proposed 51% equity in the business.

Ultimately, Jay approved Barbara to collaborate with him and exited the Tank, with an agreement.  

After Shark Tank 

Unfortunately, the deal between Barbara and Jay fell through. However, Barbara offered input and potential collaboration with the owner. But Jay refused. Now, BevBuckle has made its exposure in California and is priced at $24.95 each.

Although there is not much current information available, based on their yearly revenue and publicity from the show, the business’s projected value as a whole is roughly $1.5 million. Currently, the valuation has reached to $2.25 million, which is estimation.

Megan is Senior Editor at Patty360. Megan has worked as a News reporter at various big media house previously, covering news related to YouTube, creators/influencers and video games. She always loves to discuss things related to new technology. To get in touch with Megan for news reports she has published you can email her on or reach her out in social media linked below.

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