Glove Wrap is a unique product that helps break in baseball and softball gloves. This Business was started by Son and Father Gavin Batarse and John Batarse. Both of them play baseball and softball in their free time but Gavin likes baseball more.
With a big piece of rubber, Gavin went to his father and asked him to wrap the new gloves in this rubber. John found this to be a unique method to break in new gloves.
Every baseball and softball player, when they get new gloves, first breaks the gloves so that natural extension can be felt in the hand and it becomes easier to carry the ball.
Gavin made a video giving glove wraps to the players of the Texas Rangers and California Angels. That video went viral on TikTok and got 5.5 million views.
After this video went viral, sales of the glove wrap increased significantly; many baseball and softball players bought it for breaking in new gloves.
Son and father appeared on Shark Tank Season 15 Episode 3 to help grow their business and get this product out to all baseball and softball players. They explained their vision to the sharks.
What Is Glove Wrap?
The glove wrap is a large piece of rubber that is wrapped around the gloves to prevent braking. There are many traditional methods by which gloves can be break. There are many videos on social media in which a ball is put in gloves, wrapped tightly, and kept overnight.
This unique glove wrap costs $19.99 and is also available on Amazon.
|Company Name||Glove Wrap|
|Founder||Gavin Batarse and John Batarse|
|Product||Baseball & Softball Gloves Wrap|
|Asked For||$50k for 20% equity|
|Final Deal||$50k for 22% equity|
|Shark||Mark Cuban||Michael Rubin|
|Episode (Shark Tank USA)||S15 E3|
|Air Date||Oct 13, 2023|
|Business Status||In Business|
|Headquarters||Tustin, California, USA|
|Lifetime Worth (Sales)||$19k *estimated|
|Buy and Watch||Buy Now||Amazon Prime|
Another Shark Tank Pitch
Who Is The Founder Of Glove Wrap?
Gavin Batarse is the President and CEO of Glove Wrap Company. His father John Batarse helps him in business.
Glove Wrap’s social platforms Instagram, TikTok, and Facebook together have 100,000 followers and approximately 30 million views.
How Was The Shark Tank Pitch Of Glove Wrap?
After entering Shark Tank, John, Gavin, and Morgan asked the sharks for $50k for 20% equity. These three explained Gavin’s business Glove Wrap very well.
They have sold 1,000 gloves so far and have made over $19,000. The landed cost of the gloves is $3, the retail cost is $19.99 and the wholesale cost is $10.
Michael Rubin is the founder of sports retail company Fanatics and he can generate a lot of sales by listing this product on his platform. Michael approached Mark Cuban to partner with him in this business and they offered him $50k for 22% equity. Gavin agreed to this offer.
What Happened To Glove Wrap After Shark Tank?
Glove Wrap got a deal on Shark Tank. Two sports enthusiasts Michael and Mark invested in this business.
Gavin’s business journey has been an inspiration to many people. Barbara, Lori, and Michael have shared the journey of this 8-year-old business on their Twitter handle.
What’s new on Glove Wrap
Last Update: October, 2023
After this episode of Shark Tank aired on October 15, 2023, Gavin shared a video on the official Instagram handle of Glove Wrap, Gavin is taking a package of a thousand orders to ship.
Before Shark Tank, the lifetime sales of this business were 1,000 gloves, but after Shark Tank, 1,000 gloves were sold within a few days.
Glove Wrap Shark Tank Update
The Shark Tank episode was positive for Glove Wrap and many baseball and softball players purchased this product. Right now we do not have much information available related to this business.
What Is Glove Wrap Net Worth?
Glove Wrap’s net worth is estimated at $0.1 million. This is a small company and this business started a few years ago. This business benefits due to being popular on social media. To grow this business, the product needs to be expanded and an expert is needed for marketing.
Is Glove Wrap Still In Business?
Glove Wrap has very good engagement on its social handles. The most popular video is in which Gavin is giving glove wraps to baseball players.
The official address of this business is Tustin, California, USA.
Yes, Glove Wrap is still in business as of October 2023.
frequently asked questions
Who founded Glove Wrap?
Glove Wrap was founded by Gavin Batarse.
Did Glove Wrap get a deal on Shark Tank?
Glove Wrap got a deal on Shark Tank, and Mark Cuban and Michael Rubin invested in the business.