OverEZ Chicken Coop Net Worth Shark Tank Update 

Chet Beiler is the creator of OverEZ Chicken Coop. His goal was to make backyard chicken farming enjoyable for as many people as possible. Chet created a unique style of sturdy and easily assembled chicken coop. His goal was to make raising chickens at home easier for families. Chet made an appearance on Shark Tank Season 13. 

In order to expand his company he requested a sizable investment from the Sharks. He requested one million dollars in exchange for 4% ownership. Things on the show did not go as planned, despite the fact that his business was going well and he was making numerous sales. Chet found it difficult to respond to the Sharks with confidence.

OverEZ Chicken Coop Net Worth Shark Tank Update 

Chet was looking for an investment of $1 million in exchange for 4% equity in OverEZ Chicken Coop. At the time of the episode, he valued his company at $25 million. Chet did not secure a deal on Shark Tank. After the show was aired, the company saw a boost in exposure and continued to grow. As per my rough estimate, the current net worth of OverEZ Chicken Coop in 2024 is around $30 million.

Shark(s) nameOffer & DemandCounterofferAccepted?
Robert Herjavecout N/AN/A
Lori Greinerout 
N/A
N/A
Kevin O’Leary$1 million in debt for 4% equity, with the loan to be repaid over three years at 11.5% interestN/AN/A
Daymond John$1 million for 25% equityN/AN/A
Mark CubanOutN/AN/A

Founders Backstory

Seeing that many individuals desired to keep chickens at home but had trouble finding a decent chicken coop. Chet Beiler was inspired to design OverEZ Chicken Coop. The majority of coops were either difficult to assemble or insufficiently sturdy to keep the hens safe. Chet set out to create a coop that would be both long-lasting and simple to build in order to address this issue. 

He thought raising chickens in one’s backyard was a wonderful way for families to enjoy caring for animals and obtain fresh eggs. Chet found it difficult at first to launch his firm. He needed to come up with a way to design a coop that was both easy to construct and of high quality. 

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Initial Pitch

Chet exhibited confidence as he introduced his company to Shark Tank. He clarified that he had earned nine million dollars in sales for the year from his highly successful chicken coops. He demonstrated the simple assembly of the coops. He gave the explanation that they were made to last. 

Additionally, Chet mentioned that his coops were available in various sizes to accommodate a range of family demands. The sales figures impressed the Sharks, but Chet was eager to expand even further. He requested $1 million from the Sharks in exchange for 4% ownership of his business. This aimed to assist him in growing the company and reaching a wider audience.

Queries About The Product

The OverEZ Chicken Coop raised a lot of questions for the Sharks. They were curious as to what set Chet’s coops apart from others. Chet clarified that his coops were interchangeable. This implied that anyone could construct them with ease. He added that they were incredibly powerful and could shield hens from inclement weather and predators. 

Though they disagreed with several of Chet’s responses, the Sharks found the idea appealing. Although Chet mentioned taking the company to Europe. Some Sharks, including Mark Cuban, felt this was a horrible idea. Mark believed that Chet should start by concentrating on increasing coop sales in the US. Chet didn’t always provide clear replies. The Sharks were hesitant to invest as a result.

Shark’s Responses and Final Deal

Every Shark reacted differently to Chet’s proposal. It was Lori Greiner who left first. The coops in her opinion weren’t sufficiently unique from other items on the market. Additionally, Robert Herjavec left because he thought it would take too long for him to comprehend the industry. Kevin O’Leary offered a $1 million deal with the conditions being 4% equity and 11.5 percent interest to be paid over three years. 

Daymond John made a one million dollar offer as well, but he insisted on 25 percent equity. Chet attempted to return Robert to the negotiation, confusing the Sharks instead of concentrating on their offers. Kevin promised to pay for additional purchase orders. In the endChet didn’t appear serious about the transaction though. As a result, Daymond and Kevin both left. leaving Chet without a deal.

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What Went Wrong With OverEZ Chicken Coop On Shark Tank?

A couple of things didn’t go as planned during Chet’s Shark Tank pitch. Initially, Chet struggled to provide clear answers to a few of the Sharks’ questions. They were reluctant to invest in his company as a result. In comparison to other items on the market, Mark Cuban and Lori Greiner did not believe the chicken coops were sufficiently unique.

 Robert Herjavec said the industry was too complex to be understood. Kevin O’Leary took issue with Chet’s constant attempts to entice Robert to rejoin the transaction. The Sharks lost faith despite the company’s high profits since Chet was unable to concentrate on the offers that were presented to him.

Product availability

Even though OverEZ Chicken Coop failed to sign up for a deal on Shark Tank. It is still available today. The company’s website makes it simple to purchase the coops online. They are also available in retailers like Tractor Supply Co. and on large websites like Amazon. The company offers coops in a variety of sizes, ranging from little ones for a few chickens to large ones that can hold up to twenty birds.

 To make backyard chicken farming simpler, they also sell waterers, feeders, and other supplies. The size of the coops determines its price, although they are generally well-made and sturdy. Because of this those who wish to grow chickens at home should consider investing in them.

What Happened To OverEZ Chicken Coop After Shark Tank?

Despite not landing a deal on Shark Tank, OverEZ Chicken Coop is still operating today. The company expanded further and gained much greater recognition. OverEZ Chicken Coop had generated over twenty-one million dollars in sales over its existence by 2023. The product’s ease of use and strength won over many customers. 

These days you can buy the coops at businesses like Tractor Supply Co. and on large websites like Amazon. Their coops are even available at a few regional retailers around the country. New items including waterers, feeders for chickens, and further coop accessories were also added. Even though the company was unable to secure a deal for the show. It has continued to thrive.

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Did OverEZ Chicken Coop Get A Deal On Shark Tank?

Not Too Much EZ Chicken On Shark Tank, Coop was unable to close a deal. Chet Beiler requested one million dollars in return for 4% ownership of his business. The company’s excellent sales numbers sparked the curiosity of the Sharks. But Chet’s presentation did not go as planned. He struggled to respond to a few of the Sharks’ questions.  

They became hesitant to invest as a result. Kevin O’Leary made Chet an offer of $1 million in financing in exchange for 4% stock. This implied that Chet would be required to repay the loan plus interest. Daymond John offered $1 million as well. but he insisted on 25 percent equity. Chet ultimately declined all of the offers. Without making a deal he departed.

Conclusion 

Despite not landing a transaction on Shark Tank, OverEZ Chicken Coop has continued to grow as a business. The company’s revenues have exceeded twenty-one million dollars. Because of the product’s durability and convenience of use, many customers adore it. 

Chet Beiler keeps growing his company by adding new items to his lineup and increasing the locations where his coops are available for purchase. For those who wish to keep chickens at home, the OverEZ Chicken Coop has proven a people’s favorite even without the assistance of a shark. It will be interesting to watch the company’s future moves and how it develops.