During the first 24 hours of its Kickstarter campaign, Bertello Pizza Oven raised $90,000. Its makers were able to raise the rest of the money needed to get the business off the ground. This led to an impressive 30 day campaign that raised $207,267. This campaign was also able to resolve some delivery issues that were hindering the company. The campaign also stated that the Bertello Pizza Oven was about half the price of its competitors.
Bertello was originally named Napoli Pizza Oven. When it first entered the market, it was a big deal. The product was a game changer. It combines gas and wood fire in one oven, offering a unique multi-fuel capability. It also boasts impressive cooking time. A Neapolitan pizza is ready in about two minutes.
Bertello was featured on Shark Tank in March 2020. Its makers, Andy and Eric Bert, pitched the product to investors. They offered $120,000 for 25% of the company. They got a counter offer from Kevin O’Leary for $120,000 for 30% of the company. They also received an offer from Barbara Corcoran for $120,000 for 25% of the company. However, it seems that Barbara didn’t really understand what they were talking about.
The company was originally valued at $480,000. Bertello sold $400,000 worth of pizza ovens in just three months. This made the product one of the top sellers on Amazon. Its net worth is estimated to be $2 to $3 million. The product is sold exclusively on Amazon.
In addition to the overn, the company sells a pizza peel for $25. It has a three-year warranty. It can also be used to prepare other foods, such as meats. It also includes a propane converter attachment. The product costs about $250 at the retail price. The company has received over 500 positive reviews on Amazon.
Bertello’s most impressive feature is its ability to cook a Neapolitan pizza in about two minutes. The oven can also be heated with charcoal, gas, or wood pellets. The result is a soft, crusty pizza. It is also a portable device that can be used outdoors. In the end, the Bert brothers have become debt free and the business is a success.
In fact, the product has sold $640,000 in one year leading up to its appearance on Shark Tank. The company has a definite shot at a major boost from the Sharks. They also like to invest with entrepreneurs that they like.
The Bert brothers have made a name for themselves by creating authentic pizzas in their backyard. They offer a variety of different authentic pizzas. Their pizzas are sold on Amazon and also on their website. The Bert brothers were also able to get an investment from Chef Kevin O’Leary on Shark Tank. Despite the fact that the Bert brothers didn’t impress Robert Herjavec, they are still able to make $4 million per year. They’ve also been able to pay back the loan that they took out to finance the company.