Lit Handlers Net Worth

Located in Buna, Texas, Lit Handlers is a beverage coolers company. Its sleeves are made of water-resistant neoprene. The sleeves are available in many colors and patterns. They also have handles for easy holding. There are also pockets on the inside of the sleeve for essential items. This makes drinking easier and more comfortable.

Destiny Padgett is the founder of the Lit Handlers company. She was a supply chain management consultant for six years before starting her own company. After working for a number of years, she started a small business selling products on an e-commerce website. In 2017, she decided to go into business for herself.

Lit Handlers initially had a small line of drinks sleeves with handles. After a successful show on Shark Tank, the company expanded its product line to include more products. Today, it’s sold through the Amazon and Etsy marketplace. Aside from these two stores, LIT Handlers markets through restaurant outlets and online retailers.

As of 2021, LIT Handlers had a net worth of $1.2 million. During the first half of the year, the company had sales of $630,000. During the second half, the company had sales of $780,000. However, the company has been criticized because of its slow shipping process.

Despite these challenges, the company has been making a name for itself. The company has been honored by many historic figures, including President Barack Obama and noble individuals. Moreover, the company’s inventor, Jeremy Ross, is looking forward to expanding his business in the future. He has a degree in engineering and is considering pursuing a master’s degree in entrepreneurship.

The company’s main goal is to expand its reach across the board. Its marketing opportunities are in hundreds of millions of retail locations worldwide. Moreover, its priority is customer service. In the future, the company is planning to seek patent protection for its support concepts.

When the company is launched, it has an office in New York City. Moreover, the company has a warehouse in Buna, Texas. Currently, there are only a handful of employees. Nonetheless, the company has a loyal customer base. Despite the company’s low popularity, it has been able to achieve success through hard work.

Besides having an outstanding business, the company has contributed to the betterment of the world. Lit Handlers has been an inspiration to the younger generation, as well. Throughout the past six years, it has sold more than five thousand products and won numerous awards.

Lit Handlers is currently selling its products on its own site and through social media platforms. Nevertheless, there are also other revenue streams. Since it has been featured on ABC’s “Shark Tank”, the company has a large audience and is gaining a lot of attention. If it continues to improve, it is expected to grow in the future.

Initially, the company was started by Destiny Padgett as LITcancoolers. However, it was later renamed to Lit Handlers. At first, the company was not professional and had a few problems with its patents. Later, the company had to face a flood in Texas. But it was not damaged by the flood.