Grease Monkey Wipes are citrus-based cleaning wipes that are individually packaged. These are specially designed to break down grime and grease, as well as stains and odors, without the use of water. You can purchase these products at many major home improvement stores and automobile stores. They are also available for sale on Amazon.
Grease Monkey Wipes were featured on the Shark Tank in 2010. Erin Whalen and Tim Stansbury appeared on the show in order to secure a $40,000 investment in exchange for 40% of the company’s stock. During the episode, the pair demonstrates the effectiveness of the product, demonstrating how it is capable of breaking down oil and tough fats.
Before appearing on the show, Grease Monkey Wipes had a valuation of $100,000. However, the Sharks were concerned about the product’s low sales figures and lack of patent protection. Nevertheless, the two partners were able to convince Robert Herjavec of their business’s success. In the end, the company was sold to Beaumont Products Inc. and recouped the investors’ investment.
Grease Monkey Wipes are still being manufactured today. The two co-founders of the company, Whalen and Stansbury, have not taken the patent out of the company, due to a lack of resources. As a result, the wipes have a high level of competition. Nonetheless, they have maintained their position as one of the top six competitors in the cleaning market.
Grease Monkey Wipes have been marketed amusingly. They are used to remove a wide variety of stains, including crayon, permanent marker, and dirt. Additionally, they are not only effective at removing dirt, but they are also incredibly gentle on your skin.
Grease Monkey Wipes use a citrus-based recipe, which means the wipes are not only easy to sell, but they are also environmentally friendly. This makes them perfect for people who do not want to use harsh chemicals. There are other uses for these wipes as well, such as removing stubborn stains or cleaning a child’s face.
Erin Whalen and Tim Stansbury began their business after they noticed that they had a flat tire while riding a bike. Rather than go to a mechanic, Whalen and Stansbury decided to try their hand at making Grease Monkey Wipes. After extensive trial and error, they launched their company. Eventually, they were able to sell 200,000 units in five months.
Despite the Sharks’ initial hesitation to invest in Grease Monkey Wipes, the business has continued to grow. It is now a leading manufacturer of eco-friendly products. Today, you can find Grease Monkey Wipes at many home improvement and auto stores. If you want to know more about the company’s history, check out its website.
Grease Monkey Wipes was sold to Beaumont Products Inc., which bought the company in 2014. At that time, the two co-founders’ total net worth was estimated at around $5 million. Currently, the Grease Monkey Wipes brand is being offered for sale on Amazon, as well as at several large home improvement and automotive stores.