Wall Doctor RX is a new type of wall coating promoted to protect your home from water damage. The product is being marketed by a company called Wall Doctor RX, based in the United States.
Wall Doctor RX is a water-based acrylic resin applied to walls with a brush or roller. It is said to resist water damage for up to 10 years.
The company claims the product can be used on any wall, including brick, concrete, stucco, and wood. It is also said to be able to be used on both indoor and outdoor walls. Wall Doctor RX is easy to apply and clean up after.
Wall Doctor RX is not currently available in stores, but it is available for purchase online. The company offers a money-back guarantee if you are unsatisfied with the product.
What is Wall Doctor RX?
Wall Doctor RX is a line of products designed to help repair and upkeep your home. The company was started by Dr. Jim Lewis, who saw a need for a better way to maintain and repair walls. After much research, he came up with a system that is now used by many homeowners and business owners alike.
Wall Doctor makes wall repair easy for everyone, even those without previous experience. A Wall Doctor patch is an easy-to-apply patch that aids in the healing of cracks and leaks in walls.
The Wall Doctor is a one-stop solution to the major problem. Wall Doctor sold 90,000 units in its first year on the market. Everything necessary to repair a hole ranging in diameter from 1 to 4 inches is included in the repair kit. Wall Doctor costs between $4.99 and $6.99.
The Wall Doctor RX system is a simple one-step process that can be used on any wall. It starts with a base coat that adheres to the wall, and then a top coat is applied. This top coat gives the wall its color and protects it from future damage.
Once the base coat is applied, the next step is to apply the Wall Doctor RX top coat. This top coat is available in various colors, so you can choose the one that best matches your decor. It is also available in various finishes, so you can choose the one that best suits your needs.
After the top coat is applied, the next step is to let it dry. Once it is dry, you will need to apply a second coat. This second coat is what will give the wall its final color.
The last step in the process is to apply a third coat. This third coat is what will give the wall its final finish. It is important to note that this third coat should not be applied until the second coat has completely dried.
Once all three coats have been applied, you will need to wait for the wall to dry completely. Once it is dry, you can then apply a fourth coat. This fourth coat is what will give the wall its final protection.
It is important to note that the fourth coat should not be applied until the third coat has completely dried. Once the fourth coat has been applied, you can apply the fifth coat. This fifth coat is what will give the wall its final look.
The Wall Doctor RX system is a great way to protect your investment. It is important to follow the directions carefully so you do not accidentally damage your wall.
|Company Name||Wall Doctor|
|Entrepreneur||Dr. Jim Lewis|
|Product / Business||Kit for repairing drywall|
|Investment Asking For||$150,000 for 10% equity in Wall Doctor RX|
|Final Deal||$150,000 for international selling rights|
|Episode||Season 5, Episode 13|
|Business Status||Out of Business|
Who is the Founder of Wall Doctor RX?
Dr. Jim Lewis, a forensic pathologist from Chester County, Pennsylvania, developed Wall Doctor RX. The idea was sparked after he accidentally punched a small hole in the wall while hanging Christmas decorations.
The Wall Rx solution enables homeowners to repair minor holes (1 to 4 inches in diameter) for less than $10. The Shark Tank television show featured his company Wall Rx in 2014 after he had sold more than 90,000 pieces.
Wall Doctor RX Before Shark Tank
The wall repair process is typically messy and requires extensive cleanup. The Wall Doctor RX patch fills up any wall gaps or glaring flaws in a single step, thus changing that with easy-to-apply patches. Visit the Wall Doctor RX website to determine if your area offers this one-step solution.
Wall Rx Doctor – Shark Tank has a disc covering the hole and a tapelike substance with patch material. According to him, he has sold 80,000 units for $600,000 and is predicting that he will sell 500,000 to 1 million units this year.
Wall RX sells for between $6.99 and $9.99 at the world’s largest retailer. Despite having two jobs, he plans to use the funds to purchase equipment to service the accounts. Wall RX is his business and his profession as a forensic pathologist.
Wall Doctor RX Shark Tank Recap
Dr. Jim Lewis appeared on Shark Tank requesting an investment of $150,000 in exchange for a 10% equity in Wall Doctor RX. He starts his presentation by demonstrating his product.
Dr. Lewis’ invention already had a successful market when he appeared on Shark Tank. He only needed a strategic partner and financial backing to expand his brand.
He requested $150,000 for 10% ownership of his company, valued at $1.5 million. He intended to invite the sharks to examine his product before demonstrating it to them.
Dr. Lewis amazed everyone with his simple repair technique after Lori punched a hole in the sheet of drywall. Robert Herjavec was the first to make a non-equity offer of $150,000. He desired permission to sell the product internationally.
Kevin O’Leary offered $150,000 for 15% shares and desired global distribution. It would be Dr. Lewis’ job to be employed as a physician and to receive a monthly salary. Kevin offered $300,000 for a 15 percent stake, and Daymond John agreed to the same terms.
Lori Greiner proposed $300,000 for 20% and promised to sell via QVC and the international market. Mark Cuban left, and Dr. Lewis asked Robert and Lori for an offer.
Dr. Lewis accepted Robert Herjavec offer after Lori Greiner declined to join her hand with Robert for a joint offer.
Final Deal: Robert Herjavec agreed to invest $150,000 in a non-equity offer to sell the product internationally with some conditions.
What Happened To Wall Doctor RX After Shark Tank?
Quite the contrary, Lori Greiner withdrew from the transaction. Wall Rx is now available at all the usual retail outlets, including Amazon, after they struck a deal following the show with Lori Greiner.
Despite Mark Cuban’s interest, Dr. Lewis was offered positions with four Sharks. He requested Robert Herjavec and Lori Greiner to work on an offer together, but Greiner declined. Lewis accepts Herjavec’s proposal. Lewis stated after the broadcast that he also “signed a contract” with Greiner.
Wall Rx is sold in virtually all hardware stores and on Amazon, where one of Greiner’s other successful businesses, FiberFix, is listed as the distributor.
Wall Doctor RX Shark Tank Update
It appears that Wall Doctor RX and Robert have finalized their agreement. Wall RX also appeared on QVC despite being rejected by Lori. There is a possibility that she sampled the products after the show aired. This appears to be a possibility.
There are other places where the product can be purchased. Additionally, Wall RX was made available at Lowes, a national home improvement retailer. You can buy Wall Doctor RX in the United States at almost 2,100 establishments.
Eventually, the Wall Doctor RX kit was sold at their competitor, Home Depot, as well as at some pharmacies and small businesses, according to their website’s store locator. There is no doubt that the product was a huge success.
Several years later, Spark Innovations, LLC acquired the company, which, according to their LinkedIn page, “develops consumer product brands and launches them in retail.”
FiberFix, Illumibowl, and ScreenMend, all featured on Shark Tank, were previously purchased by them. The acquisition details are unknown to us, but we know the product has been renamed from Wall Doctor RX to Wall Doctor.
For a time, the Wall Doctor was available on Amazon (it had a 3.5-star rating with 1,000 reviews). There was much praise for its ease of use, installation, and clear instructions from buyers.
However, it received some negative feedback, as with many items. Some individuals believed the filler chemical was difficult to work with, for example. According to others, the plaster didn’t adhere correctly or effectively.
As of 2022, the product is no longer available on Amazon. However, it is still available from other shops, such as Home Depot, which presently lists it for $39.98. However, it does not appear to be available at Lowes. The official website for the product has also been taken offline.
Is Wall Doctor RX Still in Business?
Wall Doctor seems out of business since their website has been taken down, and social media accounts are inactive as of 2022.
What is the Net Worth of Wall Doctor RX?
The valuation of Wall Doctor RX was $1.5 million when it appeared on Shark Tank. The net worth of Wall Doctor RX is unknown as of 2022 since the company went out of business.