Bev Buckle - Shark Tank Update

Bev Buckle - Novelties

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Season 4, Episode 1 Founded by Jay Kriner In Business

Bev Buckle Details

Shark Tank Episode Details

Founders Jay Kriner
Air Date 2012-09-14
Season & Episode Season 4, Episode 1
Initial Ask $50K for 10.0% equity
Deal Details Got deal: $50K for 51.0% equity from Barbara Corcoran
Estimated Yearly Revenue $1.5 million
Estimated Net Worth (4x estimated revenue) $6 million

The Shark Tank Pitch

Jay Kriner walked into the Shark Tank on Season 4 seeking $50,000 for 10% equity in Bev Buckle, a consumer novelty product he had invented that addressed a surprisingly universal problem: where to put your drink when both hands are occupied. The Bev Buckle was a retractable belt buckle attachment built around a flip-out arm designed to hold a standard 12-ounce can or bottle securely at the wearer's waist.

Deployed by a simple press of a button, the arm locked in an extended position, gripping the beverage firmly and keeping it upright and accessible hands-free. When not in use, the arm folded flush against the buckle, compact and unobtrusive enough to blend into everyday wear.

Kriner had identified an enormous potential market: outdoor events, concerts, festivals, sports tailgates, barbecues, and camping trips-anywhere consumers were juggling drinks while both hands were engaged. His pitch resonated with the Sharks as a pure novelty product with clear emotional appeal, and Kriner demonstrated it with charm and humor on the Tank floor, helping investors visualize the scene where Bev Buckle would become the life of the party.

Discussions during negotiation touched on manufacturing margins, retail pricing strategy, and licensing potential with outdoor lifestyle brands and stadium vendors. Barbara Corcoran, who saw the viral novelty gift market potential and appreciated the invention's simple but clever execution, offered $50,000 for 51% equity-a majority stake that reflected the early stage of the business and the extensive work required to bring it to retail scale.

Kriner accepted the offer on air, choosing Barbara's proposed partnership and consumer-brand experience. The televised agreement does not, by itself, establish that the investment subsequently closed.

Where Are They Now?

Bev Buckle generated immediate consumer enthusiasm following its Season 4 debut, as the retractable belt buckle drink holder had the kind of shareable novelty that spread quickly through word-of-mouth and social media in the early social sharing era of 2012-2013. Jay Kriner accepted Barbara Corcoran's offer on air, but we have not verified whether the investment closed or what role she subsequently played in manufacturing and distribution.

The product found its natural home in outdoor lifestyle retail, gift shops, novelty stores, and online platforms including Amazon and the company's own website. The Shark Tank exposure attracted steady business from customers buying for themselves and as gifts for the perpetually hard-to-buy-for outdoor enthusiast in their lives.

The product line expanded over time to include branded versions for corporations, sports teams, and event promoters who used Bev Buckle as a premium promotional item-a use case that Barbara had foreseen when she made her majority-stake offer. The company diversified into complementary "BevGear" accessories, building the brand into a small hands-free lifestyle platform rather than a single-item novelty company.

Manufacturing remained domestic, which became a meaningful selling point for a consumer base that responded to patriotic branding and appreciated the product's American origins. The business has sustained multi-year operations with estimated annual revenue in the range of $1.5 million, a stable figure reflecting the product's position as a beloved niche novelty with strong repeat gifting behavior.

Bev Buckle stands as a genuine example of how a simple, clever invention can carve out a durable niche in the consumer gift market with a clear sense of the customer it is designed to delight. October 2026 update: When we checked BevBuckle's official store on October 2, the original buckle was listed as available for $34.95, fourteen years after the pitch aired.

This confirms a current product listing, not independent verification of order fulfillment, annual revenue, or Barbara's continuing involvement.

Revenue

$1.5 million

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