What Happened To Honey Bunchies After Shark Tank?
Businesswoman Kendra Bennett presented their cutting-edge, family-owned company, Honey Bunchies, in “Shark Tank” season 14, episode 20, in an effort to close a deal with the sharks.
Her dad attempted to recreate a recipe that her mom had developed 35 years prior in 2010, but by accident, the Honey Bunchies recipe was made instead.
Handcrafted in a commercial kitchen in Longmont, Colorado, Honey Bunchies bars are a salty and sweet combination of honey and nuts. The bars are natural and contain 42% honey. Family-run Honey Bunchies has been in operation for more than ten years.
What is Honey Bunchies?
Pure honey, sunflower kernels, pecans, and peanuts are just a few of the natural ingredients used to make Honey Bunchies, a snack bar. The bars are free of soy, grains, and gluten. Each small batch of Honey Bunchies is meticulously made by hand over the course of three days.
The family has spent months getting ready for their appearance on Shark Tank, perfecting every element of their product, pitch, and strategies.
If you’re looking for a quick and easy snack that will give you sustained energy and nutrition throughout the day, Honey Bunchies bars are a great option.
Who is the founder of Honey Bunchies?
Kendra Bennett, the company’s founder, When Kendra appeared on Shark Tank to pitch her product to the sharks and asked for $200,000 for a 10% stake in the business, her mother, Jennifer, and brother, Edward, also contributed to the company’s founding.
After her dad remade an old honey bar recipe that Kendra’s mom had made more than 35 years earlier, she and her family launched the business in 2015.
Honey Bunchies shark tank update
In addition to sharing information about the feature plan to recruit sharks as investors, Kendra gave a standout performance in Shark Tank. Despite all of this, Shark Tank did not fund Kendra. Daymond John stated he was unable to make an investment in the family business.
| Company Name | Honey Bunchies |
| Founder | Kendra Bennett |
| Founded | 2015 |
| Product | honey based snacks bars |
| Asked For | $200k for 10% equity |
| Final Deal | No Deals |
| Shark | No Sharks |
| Honey Bunchies shark tank Episode | S14 E20 |
| Air Date | April 14, 2023 |
| Business Status | In Business |
| Headquarters | Longmont, Colorado, United States |
| Lifetime Net Worth (Sales) | $1.2M *estimated |
| GO TO AMAZON | Buy Now |
| WATCH ON | Amazon Prime |
Another Shark Tank Pitch:
Honey Bunchies Net Worth in the Shark Tank
Based on the Shark Tank valuation, Honey Bunchies net worth as of April 2023 is $2 million. On April 14, 2023, the business appeared on Shark Tank and presented the shark with a pitch for its gourmet, all-natural honey bar business.
For a 10% stake in the business, shark tank honey bunchies CMO Kendra Bennett was asking for $200,000. However, the founder was not offered a deal.
Honey Bunchies, Are They Still In Business
Yes, as of April 2023, Honey Bunchies is still in business.
What happened to Honey Bunchies after Shark Tank?
Currently, there are 1200 retail locations where they are present, including Whole Foods and Kroger Banner King Soopers. The bar is produced for 81 cents and sells for $2.99.
The business generated $300,000 in revenue last year and anticipated $519,000 this year. Due to five factors, including a national retailer and a private label client owned by two well-known athletes, they anticipate sales of $2.2 to $4.2 million in 2019.
FAQs
On Shark Tank, Honey Bunchies sadly failed to secure a deal. Despite not getting a deal on the show, Kendra is still upbeat and believes that her company will still soar and succeed.
Honey Bunchies bars do not contain gluten. The bars are made with only natural ingredients and are free of soy and grains. Peanut Pecan and Coconut Almond are the two bar varieties offered by the company. Both varieties are free of gluten.
Pure honey is mixed with other ingredients like sunflower kernels, pecans, peanuts, coconut, and almonds in Honey Bunchies bars, which are made with all-natural ingredients.
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