His product is available in nearly 200 stores and he has both a Japanese and Canadian distributor. Freaker USA has only been up and running for 13 months and so far has made $320k in sales. OвЂ™Leary wants to know what kind of sales he has seen in the last year to see if this is a fair evaluation of the brand. By asking for a $200k investment for a 10% stake, he is estimating the business at $2 million. Once the video is over, Crain hands out a few samples for the Sharks to feel and examine for themselves. At the end of the video he anticipates receiving a large investment from one of the Sharks that will then push his business further towards success. He found a place that was willing to mass produce his Freakers which then allowed him to make a lot of promotional videos and take his product to various trade shows. After that he started making his own koozieвЂ™s for his friends before deciding to make a business out of it. It goes by in a rush, but it ultimately tells the about how he learned to knit in Wilmington. The Sharks are then shown a quick video that runs through the whole origin of Freaker USA. This gives it the capability to cover just about any sort of beverage bottle. The point is that each Freaker is made from a special fabric that has a lot of elasticity. He then stretches it over a regular beer glass, then puts a different one on an average water bottle. Crain nonchalantly walks over to his display table and takes a model Freaker. The Sharks are clearly taken aback by his unique presence and lax way of presenting his pitch. But will one of the Sharks actually bite into his creatively different idea?Д¬rain enters the Shark Tank seeking a $200k investment in exchange for a 10% stake in Freaker USA. The overall goal he has is to вЂњFreak the worldвЂќ and that is primarily why he went to the Shark Tank to look for an investor with a global outreach and plenty of business experience. Zach prides himself on making all of his products here in the USA, but he wants to be able to expand his business. Now Freaker USA is able to create knitted covers for anything from a regular 12 ounce to a larger 2 liter bottle. He was able to raise around $60k in funding which allowed him to make a soft start for his business.ДЄfter receiving public funding from Kickstarted, Zach was able to patent his product. ZachвЂ™s Freaker USA Kickstarter ended up being labeled as one of the top 2011 campaigns on the website.

He ended up making an account on Kickstarter to see if people would help fund his Freaker USA idea. ItвЂ™s basically a koozie but in knitted fabric form. Zach started knitting вЂњsweatersвЂќ for beverage bottles.

While in Wilmington, North Carolina he took a knitting class that left him with the spark of an idea. Zach Crain is a man who took an everyday hobby and attempted to turn it into a new business venture.

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