The Oilerie is an olive oil and vinegar bar that operates in the United States. This company makes hand bottles and sells fresh premium vinegar and oils, which makes them the largest hand bottler firm of olive oil and balsamic vinegar in the United States.
Curt and Amy Jo Campbell are the owners and founders of The Oilerie. Their premium oil is acquired in the province of Lazio, which is just outside of Rome. These delicious Italian olives are made into olive oil by Curt’s Italian olive oil maker, Antonio.
The stores hold nearly 30-35 different variations of olive oil that their clients can try before acquiring the one that most speaks to them. The Oilerie has a net worth of at least $5 million as of March 2022.
Why Is The Oilerie Popular?
With the limited availability of people to experience fresh, well-tested, and premium-based Olive Oil, Curt together with his wife believed that there was a large gap in the market that required to get addressed.
The firm was set up to offer clients the chance to taste the goodness for themselves, at the best and most affordable prices and in or just outside of their hometowns.
Shark Tank Appearance
Campbell can onto the Shark Tank show looking for a Shark that would assist him in expanding his franchise and grow the firm to expand to more markets. He was looking for an investment of $500,000 for 35% of the firm.
Even though the Sharks were impressed with the taste of Campbell’s fresh oil and their amazing numbers, they started to question where the revenue came from. It was at that moment that Campbell said that he operates as a franchise which helped the Sharks to understand a lot more.
That discrepancy left the sharks with a somewhat bitter taste in their mouth, which pushed the sharks to pull out, one by one. Though they all adored Curt and were quite impressed by the success of a firm that came from nothing, unfortunately, he left the Shark Tank without a deal.
Nonetheless, he never left empty-handed. Curt left the Tank with huge respect for the sharks and that is considered priceless.
Where Is The Oilerie Company Currently?
After that Shark Tank episode aired, Kurt was very overwhelmed and grateful due to the response of their viewers. He might not have gained any investment from the Sharks, but he gained many new customers.
He received inquiries from at least 500 investors and had an influx of sales online. The company’s retail stores also got an overwhelming response from new clients who wished to see what the talk was all about.
As of November 2021, the Oilerie was making a yearly revenue of $5 million have added a lot more franchise stores to the business, which encourages more growth and success for the years to come. Despite the Campbell’s being unable to secure any deal on Shark Tank, they are now continuing to share their excellence and freshly made, high-quality olive oil throughout the United States.