What Happened To Simply Good Jars After Shark Tank?

Simply Good Jars After Shark Tank Update: Simply Good Jars is a high-quality, chef-made, ready-to-eat, slides in a jar. Simply Good Jar offers healthy salads and this jar is recyclable too. It provides fresh salad with healthy ingredients so that healthy salad can be enjoyed at any place.

In 2017, this Simply Good Jars Company started selling from the Philadelphia area. Apart from providing fresh salads, this company also acts as a packaging product. This jar comes with Health Fresh Salad and its container is made from recycled plastic, The jars can be reused after the salad is over.

There is a very long story behind the origin of Simply Good Jar’s business idea. Jared Cannon started working in the hotel business in Miami. After working in Miami for 6 years, moved to Philadelphia to work as Head Chef at Iron Hill Restaurant.

What Is Simply Good Jars?

Simply Good Jars is a healthy ready-to-eat salad that comes packed in a jar. Their jars contain fresh salad ingredients which are very good for your health. There are many people whose salads are also different, the same company offers Cobb Salad, Smoked Salmon Salad, Chicken Quinoa, and Greek Salad.

High-quality ingredients are used in this fresh salad, which builds muscles and keeps healthy and fit. The salad which is in the jar has to be shaken for a few seconds before making it eight so that the salad gets mixed by you. Now it is ready to eat.

Who Is The Founder Of Simply Good Jars?

The founder and CEO of Simply Good Jars Company is Jared Cannon, who is also a head chef. He started this company in 2017. But in 2013, he became the CEO of Sapor Food Group. He did his graduation from The Culinary Institute of America and worked in the hotel business in Miami.

After that, he got a job as Head Chef at Iron Hill Brewery & Restaurant. Kenan was very passionate about business, so he did a master’s degree in business from the Fox School of Business at Temple University in 2016.

Simply Good Jars Shark Tank Update

Company Name	Simply Good Jars
Founder	Jared Cannon
Founded	2017
Product	High-Quality, Chef-Made, Ready to Eat, Salads in A Jar
Asked For	$500k for 7% Equity
Final Deal	$500k for 10% Equity
Shark	Mark Cuban and Lori Greiner
Episode (Shark Tank USA)	S12 E16
Air Date	March 5, 2021
Business Status	In Business
Simply Good Jars Net Worth	$1.5M *estimated
Headquarters	Philadelphia, Pennsylvania, United States
Simply Good Jars Instagram	View Profile
GO TO AMAZON	Buy Now

Also Read This: What Happened To SoaPen After Shark Tank?

Simply Good Jars On Shark Tank Pitch

After joining Shark Tank, Jared Cannon asked the Sharks for $500k for 1% equity, saying his company was valued at $7.1 million. As a pitch in Shark Tank, Cannon tells the story of his business journey from a chef to a businessman.

Cannon said that this food company could be moved to national distribution in 18 months through Relationship, Production, and Distribution. In the coming 2 years, this company can become from $ 50 million to $100 million.

Cannon holds 51% shares of this company at present. Kevin O’Leary made his offer of $500k as a loan at 9.5% Interest for a 7% Stake. Robert Herjavec said that this business is very good but there is a lot of risk in it, so he is out of this offer.

Mark & ​​Lori made an offer of $500k for 10% equity and Jared Cannon accepted the offer.

Simply Good Jars Net Worth

The business signed a deal in Shark Tank in 2021 at a $5 million valuation, with sales of $4 million by the end of 2021. Looking at all these reports, Simply Good Jar’s worth can be $1.5 million. In the present time, this business is growing very well.

Is Simply Good Jars Still In Business?

Yes, Simply Good Jars is still in business as of December 2022.

This company makes the healthy salad, its shelf life is 9 days, so it is not able to cover more states in less time.

It has reached its cloud kitchen in many states of the United States so that fresh salads can be available to the customer.

FAQs