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 Competitors
There is no competitor identified for Blondies Cookies?
Blondies Cookies FAQS
What is Blondies Cookies?
Blondie’s Cookies is a bakery brand established in Indiana that specializes in gourmet cookies, cookie cakes, and brownie bars.
Blondie’s Cookies was founded in 1984 and now has 7 retail locations in Indiana.
Who is the founder of Blondies Cookies?
It all started in 1984 on the campus of Indiana State University. Brenda Coffman, a business student, started the Cookie Cabin from her Married Student Housing apartment.
How much was she seeking in the Shark Tank?
Brenda Coffman was seeking $200k for a 3% ownership, valuing the cookie firm at more than $6.6 million.
Did they get the deal from the Shark Tank?
No. Blondie’s Cookies did not received any offer from the Sharks.
Is Blondie’s Cookies still in business?
Yes, the seven original Indiana businesses are still operational as of July 2021, and they may purchase online. Annual revenue is between $9 and $10 million.
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 more wet 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 a 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 blondies 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 fibre), 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 is pricey.
How can they contact Blondies Cookies?
They can email them at [email protected]comcast.net.
What is 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.
