College Foxes Packing Boxes Net Worth 2024 [Shark Tank Update]
What Happened To College Foxes Packing Boxes After Shark Tank?
College Foxes Packing Boxesis is a transport company which moves different types of packages from one place to another through women who are college students. The company’s founders thought of doing something unique, and the idea came from one of their mother’s businesses.
College Foxes Packing Boxes Shark Tank Overview:
| Company Name | College Foxes Packing Boxes |
| Founder | Nick Friedman and Omar Soliman |
| Founded | 2003 |
| Product | A business providing packing and rubbish removal services |
| Asked For | $250,000 for 25% Equity |
| Final Deal | No Deal |
| Shark | No Shark |
| Episode (Shark Tank US) | SEASON 1, EPISODE 1 |
|---|---|
| Air Date | August 9, 2009 |
| Business Status | In Business |
| Net Worth 2024 | $5 Million |
Founders thought that the business would be unique if they appointed same-age workers. All the delivery people of this company are college students, which is the speciality of this transport company. The company went to the popular Television reality show ‘Shark Tank’ for some investment. But unfortunately, they came back without any deal.
College Foxes Packing Boxes Shark Tank Update:
The founders of College Foxes Packing Boxes appeared on the Shark Tank season 1 stage to represent their company. Omar Soliman and Nick Friedman described their business and how the company is profiting from the market.
They also explained why people choose College Foxes Packing Boxes to move their things from one place to another. Then they asked for $250 thousand dollar investment and offered 25% share of the company for that.
But for some reason, none of the inventors was interested in this type of business, and College Foxes Packing Boxes got no deal in Shark Tank.
What happened to College Foxes Packing Boxes after Shark Tank?
After the Shark Tank episode, College Foxes Packing Boxes had to move forward with no investment. But, the company didn’t stop the business.
Presently College Foxes Packing Boxes is one of the multi-million dollar package transport companies across America. The revenue of this company grew slowly but after the disappointment of Shark Tank College Foxes Packing Boxes moved on with the normal business plan but couldn’t survive in the market because of some issues.
- Entrepreneurs: Nick Friedman and Omar Soliman
- Business: Movers / Unpacking Brand
- Ask: $250,000 for 25% equity
- Result: No deal
- Sharks: None
College Foxes Packing Boxes Net Worth 2024:
At the time of ending, the total net worth of College Foxes Packing Boxes was $15 million US dollars. The revenue of this company was also very good cause this company was able to generate $50 million in lifetime revenue. Over 2000 Hunks employees and generated annual revenues of over 2 million dollars in 2009.
| College Foxes Packing Boxes’s Networth Before Appearing on Shark Tank | 1,000,000 USD (implied valuation) |
| College Foxes Packing Boxes’s Networth 2019 | 10 Million USD |
| College Foxes Packing Boxes’s Current Networth (2024) | 15 Million USD |
What are College Foxes Packing Boxes?
It was a spin-off replica of College Hunks Hauling Junks and Moving. College Foxes Packing Boxes was an intended blueprint for a moving company that employed college-aged women (foxes) instead of college hunks.
College Foxes Packing Boxes Founders :
College Foxes Packing Boxes package moving company was founded by two co-founders, Omar Soliman and Nick Friedman. They thought of creating a moving service provider company that could be helpful for both college students and customers. But, this company’s business plan was not appropriate, and that’s why the company is no longer in service.
