Body Jack is a push-up system that helps in doing more push-ups without applying much pressure. The founder of this business is Cactus Jack Barrington and he appeared in Shark Tank Season 1 Episode 5 with his daughter and asked the sharks for $180k for 20% equity at a $900k Valuation.
Jack has been a lifelong entrepreneur and has done many businesses from which he has earned millions of dollars and also lost millions of dollars. He needs sharks to make this product available in national stores.
What Is Body Jac?
Body Jac is a unique advanced push-up system that allows the user to do pushups only. If a user’s weight is 150 pounds or 200 pounds and it is very difficult for him to do pushups, then this product targets only those people.
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 Business. He has also been running Cactus Jack’s Marketing Company since 1975.
How Was The Shark Tank Pitch of Body Jac?
Inventor Jack and his daughter asked the Sharks for $180k for 20% equity after entering Shark Tank. He explained his Push-Up System product to the sharks and explained its benefits.
He has a patent on the product and this product is currently in the prototype stage. Making cost is $20-$30, retail cost can be $89-$129. Kevin O’Leary said he didn’t like the deal he was out.
Robert Herjavec told Jack that if you have so much money, you can invest in it yourself, so he was out. Kevin Harrington and Barbara Corcoran team up and offer $180k for 50% equity plus one condition: Jack must lose 30 pounds of weight.
Daymond John offered $180k for 50% equity of Cactus Jack Company. Jack accepted Kevin and Barbara’s offer.
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 |
What Happened To Body Jac After Shark Tank?
Body Jac gets a deal in Shark Tank in which Barbara Corcoran and Kevin Harrington both invested $180k for 50% equity. Within a few months of this episode airing, the product was launched in the market and was able to generate huge sales.
Barbara Corcoran openly said that Body Jac had been the worst deal and that Cactus Jack had taken all her investments. This company went out of business in 2021 but Cactus Jack Marketing Company is running in 2024.
Body Jac Shark Tank Update
Body Jac was a successful product in the beginning but gradually the purchase of this product started decreasing and this company was shut down in 2021. Right now we are following Cactus Jack Barrington for more information.
What Is Body Jac’s Net Worth?
Body Jac’s net worth is estimated at $0 million. This business has now closed permanently. There is not much information available on the internet about this business. In recent times, a lot of fitness equipment has come into the market in which unique technology has been used.
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 |
Is Body Jac Still In Business?
Body Jac business is not there yet but founder Cactus Jack is currently running a marketing company. Our team is not following this business much right now.
No, Body Jac has been out of Business Since 2021.
frequently asked questions
Who founded Body Jac?
Body Jac was founded by Cactus Jack Barrington.
Did Body Jac get a deal on Shark Tank?
Yes, Body Jac got a deal on Shark Tank.