Nice Pipes Net Worth 2020
Nice pipes apparel has produced women’s activewear specializing in performance fabric and yoga wear. Lisa Binderow, the founder of Nicepipes apparel, is a fitness and yoga instructor. The aim behind starting the activewear line was to provide premium quality leg and arm warmers for women actively involved in a workout and looking forward to a healthy life.
Leg and arm warmers have been in high demand to provide the needed insulation. While the unction of warmers is commendable, Lisa Binderow, a well-known fitness trainer, was fed up with the traditionally used fabric for activewear, often causing itchiness and loss of fit for a long time. Hence wanted to start a promising line for fitness wears using Supplex for better performance.
About Lisa Binderow Nice Pipes Net Worth 2020
When Lisa made an appearance on Shark Tank, She had started her Brand and had a net worth of $80,000, though she valuated the business at $1 million. Shark was quick enough to figure out the outrageous valuation. Kevin O’ Leary commended that the was nothing unique in Lisa’s line of activewear s followed by Robert Herjavec.
Lora Greiner liked the approach of Nicepipes apparel but didn’t think it was worth an investment. However, Lisa impressed Barbara Corcoran; she offered a $ 100,000 investment for 40% shares. Lisa asked her to keep the equity at 25%, which stood declined by Barbara, and hence Lisa dumped the offer.
The Nicepipes apparel has been inactive on a social media platform, and the website has also not stood updated since 2018.
Nice Pipes Net Worth 2020 the Brand that was Dislike by Shark Tank
The yoga and comfort apparel brand stood founded by Lisa Binderow, a yoga and fitness instructor. Nice pipes have been in operation for almost five years. The firm has been making millions since its founder appeared on Shark Tank. It is a part of one of those stories that have become tales of unexpected success post their less-than-desirable fate on the hit angel investing show.
The primary income source for the Brand is the sale of its extensive range of arm and leg warmers to yoga and fitness enthusiasts, an idea which, as per Binderow, did not get its due credit or value. On the hit show. This article is about the Brand’s current status, and the founder of which turned down a seemingly lucrative offer of 100,000 dollars from the hosts of Shark Tank.
Nice Pipes Net Worth 2020 Income Source
However, as per Nicepipes’ profile on an app known as Owler, Nicepipes grossed approximately USD 4.4 million during the year. Nice pipes do not sell their performance leg and arm warmers through physical stores but online portals such as Amazon, eBay, amongst others.
What happens to Leg and Arm Warmers after Shark Tank
Nice pipes Apparel, known widely from Shark Tank, makes a line of workout arm and leg warmers of yoga pants material. Traditionally, leg warmers are knitted of wool or cotton and tend to slip down one’s legs when worn. Those materials also lack the mild compression, sweat-wicking, and UV 50+ SFP protection Supplex supplies.