What Happened To I Love Chamoy After Shark Tank Update?
I Love Chamoy After Shark Tank Update: I Love Chamoy is a food brand that primarily sells sweet, spicy Mexican sauces and tangy. Annie Leal is the founder of I Love Chamoy company, who started this company to cure her father’s diabetes so that she can make Mexican sauce without sugar.
The company was included in H-E-B’s Quest for Texas best competition in 2022. Out of 10 finalist, 5 ere winners and Love chamoy received $25,000 as grand price.
What Is I Love Chamoy?
I Love Chamoy is food and beverage company. The sauce is known for its sweet, tangy, and spicy maxican sauce. Native Mexican chili peppers, monk fruit, sodium benzoate, Xanthan gum, lime powder, salt, and hibiscus powder are used to make the sauce.
sodium benzoate, and hibiscus powder required to make the sauce.
This food does not contain carbohydrates, allergens, and sugars which excellent for people who have diabetes, The sauce have 3 flavors Original, Chili Mango and Pickle. Outside of the refrigerator this sauce can lasts for 6 months and for 12 months in the refrigerator.
Every bottle costs $12 and available ion Amazon, Walmart, and instacart.
Who Is The Founder Of I Love Chamoy?
The founder of I Love Chamoy Company is Annie Leal. She is a Mexican Latina American. She started the business to promote her culture and because of her father’s diabetes.
I Love Chamoy Shark Tank Update
| Company Name | I Love Chamoy | |
| Founder | Annie Leal | |
| Founded | 2022 | |
| Product | Sugar-free Mexican Sauce | |
| Asked For | $300k for 5% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode (Shark Tank USA) | S15 E5 | |
| Air Date | Oct 28, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Monterrey, Mexico | |
| I Love Chamoy Net Worth | $5.1M *estimated | |
| I Love Chamoy Instagram | View Profile | |
| GO TO AMAZON | Buy Now | |
Also Read This : What Happened To VibeRide After Shark Tank Update?
I Love Chamoy on Shark Tank Pitch
After entering Shark Tank, Annie Leal made a great pitch. She asked the Sharks for $300k for 5% equity at a $6 Million Valuation. Annie’s has launched new candy categories recently. Kevin O’Leary tasted the candy and he liked it a lot.
After launching a candy product line, Annie introduced the sauce a few months later. They generated sales of $550,000 In 2022. sales of $1.3 million have been made so far in 2023. Additionally, by the end of the year they are projecting $3.8 million or $4 million in sales.
The product is available in 250 grocery stores in Texas, including Heb & More. The sausage’s making cost is $1.60-$2 and on the website is $12, retailer cost is $3-$4. She estimates that this year’s profit could be $1.5 million.
Kevin O’Leary make a offer of $300k for 15% equity. Other sharks said that this business is not investable for them.
Annie counters Kevin with $350k for 7% equity. Kevin said no. Annie countered another $300k for 8% equity but Kevin said he could deal at 12.5% but Annie said no.
I Love Chamoy Net Worth
I Love Chamoy’s net worth is estimated at $5 million. This food business has won the $25,000 grand prize in the H-E-B’s2022 Quest for Texas Best competition.
Is I Love Chamoy Still In Business?
Yes, I Love Chamoy is still in business as of October 2023.
I Love Chamoy company owned by Mexican Latina is doing very well. Founder Annie has handled this business well.
The headquarters of this company is in the United States, and 11-50 people are working in it.
FAQs
Annie Leal is the founder of the I love chamoy.
I Love Chamoy’s net worth is estimated at $5 million.
Yes, I Love Chamoy is still in business as of October 2023.
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