What Happened To Honey Bunchies After Shark Tank?

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Honey Bunchies After Shark Tank Update: Honey Bunchies is a snack bars brand, which is made by mixing honey and other beneficial nuts. This company was launched in 2015 by the Kendra Bennett family, especially her dad.

In 2010, her dad was recreating a recipe created 35 years ago by her moms, Although he could not recreate the recipe but accidentally Honey Bunchies recipe was made. Kendra is the co-founder and CMO of this business.

What Is Honey Bunchies?

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Honey Bunchies is a Longmont, Colorado based brand making delicious snack bars. Now the name of this snack bar has been changed from Honey Bunchies to Bon Bee.

Various natural ingredients and up to 42% pure honey are used to make these snack bars. The shelf life of this snack bars is 7 months, but if stored in refrigeration and freezing, it will last for 8 months to 12 months.

Who Is The Founder Of Honey Bunchies?

Kendra Bennett is the Founder and CEO of Tenikle. Kendra launched this business in 2015.

Honey Bunchies Shark Tank Update

Company NameHoney Bunchies
FounderKendra Bennett
Founded2015
ProductHoney based snacks bars
Asked For$200k for 10% Equity
Final DealNo Deals
SharkNo Sharks
Episode (Shark Tank USA)S14 E20
Air DateApril 14, 2023
Business StatusIn Business
Honey Bunchies Net Worth$2M *estimated
HeadquartersLongmont, Colorado, United States
Honey Bunchies InstagramView Profile
GO TO AMAZONBuy Now
Honey Bunchies shark tank update and company details

Also Read This: What Happened To Tia Lupita Foods After Shark Tank?

Honey Bunchies On Shark Tank Pitch

After entering Shark Tank, Kendra Bennett asked the sharks for $200k for 10% equity. She shared complete information about how her family business Honey Bunchies started. Her father started this company in 2010, He didn’t have any experience in the food and beverages industry so it took him 3 years to build the foundation.

In 2013, they brought this product to retail and for the first time they made a deal with Whole Foods. This product is now available at 1200+ Whole Foods, Kroger, Natural Grocers, King Soopers and more nationwide.

Next year they are projecting $2.2M-$4.2M in sales. The reason behind the jump in these sales is that this product is going to be available at 7Eleven, Nationwide Distributor and More.

This business did not get funding in Shark Tank, but Kendra told the sharks while leaving that she think sharks can regret by not doing the deal.

Honey Bunchies Net Worth

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The current net worth of Honey Bunchies is estimated at $2 million. The snacks bar industry is very competitive, there are many brands which are engaged in expanding their business from time to time in this industry.

It is very difficult for a new brand to survive in this industry, but not impossible.

Is Honey Bunchies Still In Business?

Yes, Honey Bunchies is still in business as of May 2023.

This business was started in 2010 by Kendra’s father who was a fighter pilot in the United States Army. He had to work on many things to bring this business back on track. In Amazon Global Rating, 90% of users have given this bar a 5 star rating.

The current headquarter of the brand is in Longmont, Colorado, United States and it employs 5-10 people.

FAQs

Who Is The Founder Of Honey Bunchies?

Kendra Bennett is the Founder and CEO of Tenikle.

What is The Net Worth of Honey Bunchies?

The current net worth of Honey Bunchies is estimated at $2 million.

Is Honey Bunchies Still In Business?

Yes, Honey Bunchies is still in business as of May 2023.

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