The Body Jack is a push-up assistance system designed to help users perform more push-ups with less strain. Its founder, Cactus Jack Barrington, appeared on Shark Tank in Season 1, Episode 5, alongside his daughter, seeking $180,000 for 20% equity, valuing the company at $900,000.
A lifelong entrepreneur, Jack has experienced both success and setbacks in various ventures, earning and losing millions. He hopes the sharks can help him bring the Body Jack to national retailers.
Company Name | Body Jac | |
Founder | Cactus Jack Barrington | |
Founded | 2000 | |
Product | push-up system | |
Asked For | $180k for 20% equity | |
Final Deal | $180k for 50% equity | |
Shark | Barbara Corcoran | Kevin Harrington |
Episode (Shark Tank USA) | S1 E5 | |
Air Date | Sep 6th, 2009 | |
Business Status | Out of Business | |
Website | Visit Website | |
Headquarters | Illinois, USA | |
Lifetime Worth (Sales) | $0M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Body Jac?
Cactus Jack Barrington is the founder and CEO of Body Jack. He has also operated Cactus Jack’s Marketing Company since 1975.
How Was The Shark Tank Pitch of Body Jac?
Jack and his daughter entered Shark Tank seeking $180,000 for 20% equity to fund their push-up system. Jack explained the product’s benefits and mentioned it was patented and currently in the prototype stage. Production costs ranged from $20 to $30, with a potential retail price of $89 to $129.
Kevin O’Leary opted out, saying he didn’t like the deal. Robert Herjavec also declined, suggesting Jack invest his own money.
Kevin Harrington and Barbara Corcoran teamed up to offer $180,000 for 50% equity, with the condition that Jack lose 30 pounds. Daymond John made a similar offer, but Jack ultimately accepted Kevin and Barbara’s deal.
Sharks Offers list!
Sharks | Offers |
---|---|
Barbara Corcoran | $180k for 50% equity (#1) (Harrington) |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Daymond John | $180k for 50% equity (#1) |
Kevin Harrington | $180k for 50% equity (#1) (Barbara) |
Founder’s (Countered) | No Offer |
Final Deals | $180k for 50% equity |
Body Jac Shark Tank Update
Body Jac secured a deal on Shark Tank with Barbara Corcoran and Kevin Harrington, who invested $180,000 for 50% equity. After the episode aired, the product launched and initially saw strong sales.
However, Barbara later revealed that Body Jac was her worst investment, as Cactus Jack used up all her investment. Sales eventually declined, and the company went out of business in 2021.
Cactus Jack Marketing Company, however, is still operating as of 2024. We are continuing to follow Cactus Jack Barrington for further updates.
What Is Body Jac’s Net Worth?
Body Jac’s current net worth is estimated at $0, as the business has permanently closed. Limited information is available online about the company. Recently, however, the fitness equipment market has seen a surge of innovative products featuring advanced technology.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
Years | Annual Revenue |
2021 | $100k *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2009 | $180k | Barbara Corcoran Kevin Harrington |
No, Body Jac has been out of Business Since 2021.