Blondies Cookies Shark Tank Net Worth
Blondies Cookies was seeking $200k for a 3% ownership, valuing the cookie firm at more than $6.6 million. The company has an estimated yearly revenue of between $9 and $10 million and has been featured on Shark Tank.
What is Blondies Cookies and Who is the Founder of Blondie Cookies?
Blondie’s Cookies is a bakery brand that specializes in gourmet cookies, cookie cakes, and brownie bars.
It was founded in 1984 by Brenda Coffman, a business student at Indiana State University who started the Cookie Cabin from her Married Student Housing apartment.
The brand now has 12 retail locations in Indiana and Florida, with the Florida stores being the first outside of their “home region” of Indiana.
The first retail shop was negotiated for in January 1985 with the Simon Property Group, and the company was incorporated in Indiana that same year.
The first store opened in Kokomo on September 3, 1985, with additional locations opening in the years that followed.
Blondies Cookies the Shark Tank
During their appearance on Shark Tank, Blondie’s Cookies sought a $200,000 investment in exchange for a 3% stake in the company, valuing it at $6.6 million. The Sharks were impressed with the cookies and the fact that the company had made $2.3 million in sales the previous year.
However, they were concerned about the company’s outstanding loans of approximately $800,000, most of which had been used to expand the business into Florida.
The Sharks were particularly displeased with the Florida stores, which were losing money at the time of the show’s airing due to their newness and lack of corporate clients.
None of the Sharks were willing to invest in Blondie’s Cookies, with Kevin O’Leary, Robert Herjavec, Mark Cuban, Barbara Corcoran, and John refusing to do so.
Despite the lack of investment, the Shark Tank exposure helped boost sales. However, some of the Florida locations have since closed, while the original seven Indiana locations remain open and operational. Blondie’s Cookies currently has an annual revenue of between $9 and $10 million and offers online purchasing.
Blondies Cookies Net Worth
Coffman was seeking $200k for a 3% ownership, valuing the cookie firm at more than $6.6 million.
Blondies Cookies Shark Tank Updates
Blondie’s Cookies appeared on Shark Tank in Season 3, Episode 11, where Brenda Coffman sought $200,000 for 3% of her baked goods business. The valuation of the cookie company was over $6.7 million.
Blondie’s Cookies had 12 stores in Indiana and Florida and did $2.3 million in total sales in the previous year.
However, the expansion in Florida was costing a great deal of money, and Coffman had $800,000 in outstanding bank loans. Despite the Sharks being impressed with the cookies, they did not invest in the company.
Since appearing on Shark Tank, Blondie’s Cookies has seen an uptick in online retail sales and expanded the company’s fundraising division.
In 2020, Coffman started bagging her one-of-a-kind confections to be featured and sold in Indiana-based stores, which has also bolstered Blondie’s Cookie’s local appeal.
The company still has 12 retail locations in Indiana and Florida, with plans to open more stores slowly in other neighboring states.
The alleged yearly revenue for Blondie’s Cookies is estimated to be between $9 and $10 million, and an additional facility has been opened to help with cookie production.
Blondies Cookies Shark Tank Table Summary:
| PARAMETER | VALUE |
| Company name | Blondies Cookies |
| Founder | Brenda Coffman |
| Year founded | 1984 |
| Type of business | Bakery |
| Products | Gourmet cookies, cookie cakes, and brownie bars |
| Number of retail locations | 12 (7 in Indiana, 5 in Florida) |
| Annual revenue | Between $9 and $10 million |
| Shark Tank episode | Season 3, Episode 11 |
| Amount sought on Shark Tank | $200,000 |
| Equity offered on Shark Tank | 3% |
| Valuation on Shark Tank | Over $6.6 million |
| Shark Tank outcome | No investment |
| Reasons for no investment | Outstanding loans of approximately $800,000, Florida stores losing money |
| Impact of Shark Tank | Boosted sales and online presence |
| Updates since Shark Tank | Expanded fundraising division, new production facility, increased online sales |
Blondies Cookies FAQS
What Are Blondies Cookies, And How Do They Work?
Blondie’s Cookies is a retail cookie store that was founded by Brenda Coffman, who started making and selling her homemade treats while in college at Indiana State University.
The original recipes were developed over a seven-year period, and when the first Blondie’s opened, they had a variety of eleven cookies and one brownie.
Today, they have over twenty varieties of cookies and three types of brownies, and their newest product is called Chewies.
Blondie’s Cookies uses brand-name, all-natural ingredients to make their cookies, like farm-fresh eggs, pure vanilla, pure cane sugar, plump, juicy raisins, fancy pecans, Hawaiian macadamia nuts, English toffee, and more.
Blondie’s Cookies bakes their cookies fresh daily, and the ones not sold are donated to local charities at the end of each day. The company believes that its customers come first, and their mission is to provide friendly and efficient service.
They aim to produce the highest quality products, present their stores and staff in a professional manner, and serve their communities.
Blondie’s Cookies appeared on Season 3, Episode 11 of Shark Tank, where they were looking for a $200K investment for a 3% share in the business. The Sharks loved the cookies and the fact that Blondie’s had 2.3 million in sales in the previous year.
Since then, Blondie’s Cookies has expanded with a new production facility located in Greentown, Indiana, providing more space. The bulk of their business is still over 50% retail, and their online business has increased from less than 1% to now over 15% of their total sales.
How Much Were Blondies Cookies Seeking In The Shark Tank?
Blondie’s Cookies was seeking $200,000 for 3% of the company when Brenda Coffman appeared on Shark Tank in Season 3, Episode 11 in 2012.
The sharks were initially impressed with the taste of Blondie’s Cookies and the fact that the company had $2.3 million in sales in the previous year.
However, Kevin O’Leary began questioning Coffman on the company’s valuation, and the pitch took a turn when Coffman revealed how much money Blondie’s Cookies was losing by opening up four locations in Florida. Despite the initial interest, none of the sharks made a deal with Coffman.
Did Blondies Cookies Get The Deal From The Shark Tank?
Blondie’s Cookies appeared on Shark Tank in Season 3, Episode 11, seeking a $200,000 investment for 3% of the business. The Sharks were impressed with the cookies and the fact that the company had made $2.3 million in sales the previous year.
However, none of the Sharks were willing to invest in Blondie’s Cookies, with Kevin O’Leary, Robert Herjavec, Mark Cuban, Barbara Corcoran, and John refusing to do so.
Despite not securing investment in Shark Tank, Blondie’s Cookies continues to thrive. The company has an estimated yearly revenue of between $9 and $10 million.
There are currently seven Blondie’s Cookies storefronts up and running, with plans to grow the business through a franchise-based model of operation in the future.
Some of the Florida locations have since closed, while the Indiana-based entrepreneur revealed just how much money Blondie’s Cookies was losing by opening up four locations in.
Is Blondie’s Cookies Still In Business?
Yes, Blondie’s Cookies is still in business. The company was founded in 1985 by Brenda Coffman, who started making and selling her homemade cookies while in college at Indiana State University.
As of 2023, there are currently seven Blondie’s Cookies storefronts up and running, and the company is expanding with a new production facility located in Greentown, Indiana. The new location provides more space for storage and has an exclusive test kitchen.
Blondie’s Cookies appeared on Shark Tank in 2011, where Coffman asked for a $200,000 investment in exchange for a 3% share in her business.
Although she did not secure an investment, the company continues to thrive. The alleged yearly revenue for Blondie’s Cookies is estimated to be between $9 and $10 million.
Blondie’s Cookies has 12 retail locations in Indiana and Florida. However, the expansion in Florida was losing a great deal of money.
As of July 2022, all of the Florida stores have closed. Nevertheless, the seven original Indiana stores are still open, and customers can order online.
What Happened To Blondies Cookies After Shark Tank?
Blondie’s Cookies is a cookie company that appeared on Shark Tank in 2012. The company was founded by Brenda “Blondie” Coffman, who started the business when she was still in college and has been in the cookie business for 25 years.
At the time of its Shark Tank appearance, Blondie’s Cookies had 12 retail locations in Indiana and Florida and had done $2.3 million in total sales the previous year.
During the Shark Tank pitch, Coffman was asking for a $200,000 investment for a 3% stake in the business, which put a valuation of over $6.7 million on the cookie company.
The Sharks loved the cookies and the fact that the company had high sales, but they were concerned about the company’s valuation and the fact that the expansion in Florida was currently costing them a great deal of money.
Since appearing on Shark Tank, Blondie’s Cookies has seen an uptick in online retail sales and expanded the company’s fundraising division.
In 2020, Coffman started bagging her cookies to be featured and sold in Indiana-based stores, which has also bolstered Blondie’s Cookie’s local appeal.
At least one of the Florida locations has closed since the original air date, but the others remain open, and the publicity from Shark Tank has helped the company gain recognition.
Blondie’s Cookies still has 12 retail locations in Indiana and Florida, with plans to open more stores slowly in other neighboring states.
What New Products Have Blondie’s Cookies Introduced Since Appearing On Shark Tank?
There is no information available on new products that Blondie’s Cookies has introduced since appearing on Shark Tank.
However, since debuting on the show, the company has expanded its fundraising division and started bagging its cookies to be featured and sold in Indiana-based stores, which has bolstered Blondie’s Cookie’s local appeal.
Additionally, as of March 2021, Blondie’s Cookies had an annual revenue of about $8.9 million, and in 2021, it received about $150,000 in funding. The company’s goals include opening more stores and expanding beyond the bounds of Indiana and Florida.
All the products sold at Blondie’s Cookies are made fresh that day, and any leftovers are donated to charity. Blondie’s Cookies has the option to select gift baskets and seasonal specials for when customers want to celebrate an occasion.
What Is The Estimated Revenue Of Blondie’s Cookies After Shark Tank?
Blondie’s Cookies has an estimated yearly revenue of between $9 and $10 million. As of March 2021, the company had an annual revenue of about $8.9 million.
Since appearing on Shark Tank, the company has experienced tremendous growth and success, securing additional funding and partnerships. The founder of Blondie’s Cookies, Brenda “Blondie” Coffman, has a net worth of $8.5 million as of 2023.
However, there is no information available on the estimated revenue of Blondie’s Cookies specifically after appearing on Shark Tank.
What Are Blondies Cookies Competitors?
Blondie’s Cookies is a company that operates in the food and beverage industry. Blondie’s Cookies’ top competitors include Blondie’s Cookies (itself), Cucamonga Cakery Co, Pat-A-Cakes, and Flower Hill Cookie Factory.
Datanyze also lists Cucamonga Cakery Co and Pat-A-Cakes as Blondie’s Cookies’ top competitors.
Blondie’s Cookies generates $229.1K in revenue per employee and has received a total of $150K in funding. Apollo.io provides information on Blondie’s Cookies’ location in Indiana, United States, revenue, competitors, and contact information.
Where are they located?
Regional chain with 7 retail locations in Indiana (Bloomington, Glenbrook Mall, Honey Creek, Keystone Fashion Mall, Kokomo, Muncie Mall, and South Bend.)
What is the shelf life of blondies cookies?
Their cookies may be stored for up to a week in an airtight container or for up to 2-3 days in the box they arrive in.
Can blondies cookies be frozen?
Brownies, blondies, and bar cookies all freeze well after baking, however, their fudgy texture may lead them to become somewhat wetter after thawing.
Cut into chunks, cover securely in plastic wrap, and place on a sheet pan to freeze until hard. Place in a sealed freezer bag.
Is it necessary to refrigerate blondies?
Unless they contain cream cheese icing, blondie bars or other cookie bars do not need to be refrigerated.
These Blondies may be kept in an airtight jar at room temperature for approximately a week.
Should they keep the blondies in the refrigerator?
If they are preparing them for a particular occasion, such as a bake sale, they may want to make them 1-2 days ahead of time to ensure that they are at their finest.
In really hot weather, store the brownies in the refrigerator and remove them about an hour before serving.
How many calories are in a blondie’s cookie?
1 blondie has 102 calories, 4 grams of fat (2 grams of saturated fat), 19 milligrams of cholesterol, 72 milligrams of sodium, 16 grams of carbohydrate (12 grams of sugar, 0 fiber), and 1 gram of protein.
How many Blondies Cookies are there?
Today, they have over twenty cookie kinds, three types of brownies, and their newest product, Chewies. Blondie’s cookies and brownies are made from scratch every day.
When was Blondies Cookies aired on Shark Tank?
Blondie’s Cookies was aired on April 13th, 2012.
Why is shipping so expensive?
They ship via USPS Priority Mail. This takes about 2-3 business days to most addresses and ensures that their cookies are as fresh as possible because they do not use preservatives.
Furthermore, as compared to their competition, their cookies are LARGE and HEAVY. With today’s gasoline rates, shipping FAST, HEAVY items are pricey.
How can they contact Blondies Cookies?
They can email them at blondiescookies@comcast.net.
What is the net worth of Brenda Coffman?
Brenda Coffman’s net worth is unavailable.
What are the ingredients of Blondies Cookies?
Blondie’s employs all-natural ingredients such as farm fresh eggs, pure vanilla, pure cane sugar, plump juicy raisins, fancy pecans, Hawaiian Macadamia nuts, English walnuts, creamy peanut butter, and rich velvety chocolate to produce their cookies.
