Byoot Swimsuits Net Worth 2023
Byoot Swimsuits Net Worth
Byoot Swimsuits is a swimwear brand providing one-piece swimsuits with buttons on each hip. The company was valued at $166,000 when Elyce and Nathan appeared on Shark Tank season 12 episode 14 in search of $50,000 for a 30% stake.
According to reports, Byoot Swimsuits’ net worth is estimated to be around $250,000 in 2021 and could be as high as $350,000 in 2023.
Byoot is a swimsuit company founded in 2019 by Elyce Billany and Nathan Billany. The company produces and sells one-piece swimsuits with buttons on the sides for easy bathroom access. The suits come in different colors and patterns and are sold for $75 each.
Byoot appeared on Shark Tank season 12 episode 14, where they asked for $50,000 in exchange for a 30% stake in their company.
After the episode aired, the company was able to launch their one-piece suits with the ease of handling them. Sales are currently only available through their website.
The company has received 5 star ratings due to its high quality materials and air-drying fabric that can stretch all four ways. Byoot faces competition from Raising Wild, an outdoor clothing line based in California.
As of February 2021, Byoot’s net worth is estimated to be around $250,000, which is still under the $1 million valuation they were offered on Shark Tank. The company is profitable from sales through their own website.
About Byoot Swimsuits
Byoot is a swimsuit company founded by Elyce and Nathan Billany that offers revolutionary, removable one-piece swimsuits. The suits are unique because they have buttons on the sides, allowing women to easily remove them.
The swimsuit has buttons on the sides, which makes it easier to use the bathroom and remove the wet swimsuit from the body. The swimsuits are comfortable to wear as they are made of a quick-drying fabric that absorbs moisture from the skin. Byoot swimsuits are available in many colors, patterns, and sizes.
The company was founded by Elyce and her husband, Nathan Billany. Elyce came up with the idea while on vacation when she realized that she spent more time in the bathroom than in the water due to the design flaws of one-piece swimsuits. She found a manufacturer to bring her vision to life.
Byoot swimsuits cost between $40 to $80, and you can buy them on the company’s website or request a free fitting service. The company has expanded its product range by creating face masks that tie around the neck and releasing bikinis.
The company was featured on Shark Tank Season 12 Episode 14 in February 2021, where they landed a deal with guest shark Kendra Scott.
Byoot’s swimsuits are made of high-quality materials and come in limited colors. They are air-drying and can stretch in all four directions with the buttons easily placed on both sides at the waist. The selling price of Byoot’s swimsuits ranges from $60-$120 with a cost price of $30, making it an excellent margin proposition.
The company has received 5-star ratings for its quality and is still in business today. Customers can purchase Byoot’s swimsuits or learn more about the company on their website.
Byoot Swimsuits Shark Tank
Elyce Billany and Nathan Billany, a husband and wife team from Le Claire, Iowa, presented their swimsuit brand, Byoot, on the twelfth season of Shark Tank. Byoot’s one-piece swimsuits, designed by Elyce, feature buttons at the bottom for convenient trips to the restroom.
During the show, the Billanys sought a $50,000 investment for 30% equity, and Kendra Scott, a guest Shark, offered a loan of $50,000 with 5% equity and 10% interest.
Since their appearance on Shark Tank, Elyce and Nathan has been busy marketing both their one-piece swimsuits and their new bikini line.
Additionally, Elyce has been promoting her children’s book, Mamma Bean Has a Dream, which tells the story of her experiences as a mompreneur.
byoot swimsuit sizes
Byoot is a swimwear company that offers one-piece swimsuits with buttons on each hip for easy removal. The company offers a variety of sizes, from XS to XL, and provides a sizing guide to help customers find the right fit.
The company also offers bikinis with sewn-in soft cups and side boning for additional support. According to customer reviews, the fabric and fit of Byoot’s swimsuits are “amazing”.