Bumbling Bee’s Bumbling Bee Shark Tank Net Worth
The Bumbling Bee’s net worth was valued at $1.5 million before appearing on Shark Tank. After the show, their net worth is estimated to be around $1 million.
In 2020, they made $324,000 in sales, but their restaurant closed down in 2022.
What is The Bumbling Bee?
Bumbling Bee is a company that specializes in vegan junk food made from plant-based ingredients like mung bean, soy, and pea.
Founded by Cassandra and her daughters India, Lexi, and Olivia, the company started as a food truck in 2011 and later opened a brick-and-mortar restaurant in Virginia Beach in 2019. They planned to expand to Boulder, CO in 2020 but were disrupted by the Covid-19 outbreak.
Despite the challenges, they continued to offer takeout service and serve their popular dishes like veggie burgers, chili, hot dogs, and insanely rich milkshakes.
In their appearance on Shark Tank season 12 episode 22, Cassandra and India sought $150,000 for a 10% stake in the company, which was valued at $1.5 million.
Although the Sharks were impressed with the food samples and sales figures of $324,000 in 2020, they ultimately decided not to invest as they believed there was nothing proprietary about the company’s offerings and competitors could easily imitate them.
Nevertheless, the Sharks commended Cassandra and India for their achievements and the duo left the show without a deal.
Bumbling Bee the Shark Tank Pitch
Cassandra and India went on Shark Tank Season 12 Episode 22 seeking a $150,000 investment for a 10% stake in their company, which would value it at $1.5 million.
The Sharks were impressed by the meal samples and sales figures, with The Bumbling Bee making $324,000 in sales in 2020. However, they didn’t think that the company was doing anything proprietary, which meant that competitors could copy them at any time. As a result, they declined to invest.
Despite this setback, the company has continued to thrive. Even in the face of the Covid-19 pandemic, the company’s two brick-and-mortar locations and associated food trucks are still in operation. As of July 2021, The Bumbling Bee generates $1 million in annual revenue.
Who are the Competitors of The Bumbling Bee?
The Bumbling Bee faces competition in its marketplace from; PETA’s Vegan Food Truck.
Bumbling Bee Shark Tank Updates
The Bumbling Bee is a vegan fast-food company that was pitched on Shark Tank during Season 12 by Cassandra and India Ayala. They asked for $150k for a 10% equity in their business, which was dedicated to making tasty vegan junk food.
Unfortunately, none of the sharks made an offer because they felt that nothing The Bumbling Bee was doing was proprietary, meaning that other companies could copy them whenever they wanted. Despite failing to secure a deal, The Bumbling Bee seems to be doing extremely well.
According to The Bumbling Bee’s Instagram account, all their restaurants are permanently closed as of September 2022. However, they are still operating their food truck and selling burgers, tacos, and BBQ dripping with flavor.
The Boulder, Colorado restaurant closed following the problems with the COVID-19 pandemic. The company’s website explains that its Colorado store is closed due to “economic, mental, and physical impacts”.
The mother/daughter duo behind The Bumbling Bee are still operating the company food truck and seem to be doing well.
A Table Summarizing the Bumbling Bee Shark Tank
| INFORMATION | DETAILS |
| Company name | The Bumbling Bee |
| Founders | Cassandra, India, Lexi, and Olivia Ayala |
| Business model | Vegan fast-food restaurants and food trucks |
| Sales in 2020 | $324,000 |
| Valuation before Shark Tank | $1.5 million |
| Investment sought on Shark Tank | $150,000 for 10% equity |
| Shark Tank result | No deal |
| Current estimated net worth | $1 million |
| Competitor | PETA’s Vegan Food Truck |
| Current status | All brick-and-mortar locations closed, and food truck still operating |
| Revenue (as of July 2021) | $1 million annually |
The Bumbling Bee FAQS
What Are The Bumbling Bee, Founders, And How Does It Work?
The Bumbling Bee is a vegan junk food restaurant and food truck that was founded by Cassandra, India, Lexi, and Olivia. Cassandra has been a real estate agent for 25 years, India is a classically trained chef, and Lexi and Olivia are vegans.
The founders opened The Bumbling Bee as a food truck in Virginia Beach in 2011 because they wanted to provide better vegan food options. They went vegan because Lexi and Olivia are vegans, and India is a classically trained chef.
The Bumbling Bee’s menu has comfort food favorites that are 100% vegan and will satisfy even the most steadfast carnivores. The restaurant’s food trucks are available at different locations in Virginia Beach.
In September 2019, The Bumbling Bee opened a brick and mortar restaurant called The Bumbling Bee Vegan Junk Food & Burger Bar in Virginia Beach. In January 2020, they opened a Boulder, Colorado brick and mortar restaurant and food truck.
However, the Boulder restaurant closed following the problems with the COVID-19 pandemic. The mother/daughter duo, Cassandra and India Ayala, are still operating the company’s food truck.
The Bumbling Bee’s official Instagram invites customers out, saying, “Follow our food truck…”.
The Bumbling Bee’s founders are all about “cruelty-free cooking” and latching onto the global plant-based movement. They source their ingredients from tried and true resources and use only quality vegan ingredients.
The Bumbling Bee’s food is created with “kindness and flavor”. The founders pride themselves on creating amazing burgers, tacos, and BBQ dripping with flavor. The Bumbling Bee’s menu includes a variety of vegan comfort food options, such as burgers, tacos, and BBQ.
What Happened To The Bumbling Bee After Shark Tank?
The Bumbling Bee is a vegan fast-food company that was pitched on Shark Tank during Season 12 by Cassandra and India Ayala. The company started as a food truck in Virginia Beach in 2011 and later opened its first restaurant in Boulder, Colorado in 2019.
The Bumbling Bee specializes in vegan junk food made from plant-based ingredients. During their Shark Tank pitch, Cassandra and India asked for a $150,000 investment for a 10% stake in their company, which would value it at $1.5 million.
The Sharks were impressed with the meal samples and sales figures, with The Bumbling Bee making $324,000 in sales in 2020.
However, they did not think that the company was doing anything proprietary, which meant that competitors could copy them at any time. As a result, they declined to invest.
How Much Were Bumbling Bee Seeking In The Shark Tank?
Bumbling Bee entered the Shark Tank seeking $150,000 for 10% of their business. The Sharks were impressed by the meal samples and sales figures, with The Bumbling Bee making $324,000 in sales in 2020.
However, the Sharks did not invest because they did not think that the company was doing anything proprietary, which meant that competitors could copy them at any time. Ultimately, Bumbling Bee did not get a deal from the Sharks.
Despite the challenges caused by the Covid-19 outbreak, the company’s two sites and associated food trucks remain operating. Before appearing on Shark Tank, Bumbling Bee’s net worth was valued at $1.5 million. After the show, their net worth is estimated to be around $1 million.
Did Bumbling Bee Get The Deal From The Sharks?
The Bumbling Bee is a vegan junk food restaurant and food truck that appeared on Shark Tank Season 12 Episode 22. The mother-daughter team behind the business, Cassandra and India Ayala, asked the Sharks for $150,000 for a 10% equity.
Although the Sharks were impressed with the food samples and sales numbers, which were $340,000 for the year 2020, they did not invest in the business because the products were not proprietary.
The Sharks were worried that other companies could copy The Bumbling Bee’s products whenever they wanted. As a result, The Bumbling Bee did not receive any deals from the Sharks.
Despite not getting a deal on Shark Tank, The Bumbling Bee has continued to operate. The company has brick-and-mortar stores and food trucks that serve plant-based “junk food”. The Bumbling Bee was regarded as one of the best foods to appear on Shark Tank.
The company has a loyal following and has received positive reviews from customers. It is unclear whether Barbara Corcoran, who expressed interest in supporting The Bumbling Bee on the show, has provided any support to the business after the episode aired.
Are Bumbling Bee Still In Business And Where Can Their Food Be Found?
The Bumbling Bee is a vegan junk food restaurant and food truck that appeared on Shark Tank in 2020. The business started as a food truck in Virginia Beach in 2011 and later expanded to brick-and-mortar locations in Virginia and Colorado.
The company’s website explains that its Colorado store is closed, and according to their Instagram account, all their restaurants are permanently closed as of September 2022.
It is unclear whether The Bumbling Bee is still in business or if they have plans to reopen in the future. However, their social media accounts are still active, and their website is still up and running.
It is possible that they are still operating their food truck in Virginia Beach, but this information is not confirmed by the search results.
In summary, The Bumbling Bee seems to have closed all of its physical restaurants, but it is unclear if they are still in business or if they plan to reopen in the future. Their food truck may still be operating in Virginia Beach, but this information is not confirmed.
What is The Bumbling Bee’s Yearly Revenue?
As of July 2021, The Bumbling Bee’s revenue was $1 million.
Where is The Bumbling Bee headquartered?
The Bumbling Bee is located in Virginia Beach, Virginia, and Boulder Colorado.
What is the Net Worth of The Bumbling Bee?
At the Shark Tank, they valued their Company at $1.5 million.
When was The Bumbling Bee aired on Shark Tank?
The Bumbling Bee was aired on Shark Tank on April 23, 2021.
Who are the Competitors of The Bumbling Bee?
The Bumbling Bee faces competition in its marketplace from; PETA’s Vegan Food Truck.
Is the Bumbling Bee Still in Business?
Bumbling Bee’s meteoric rise was slowed, if momentarily, by Covid-19, which caused most companies to close.
Fortunately, Bumbling Bee was able to overcome the setback. After the Covid-19 limits were lifted, the restaurant chain recovered admirably.
What methods of payment do they accepts?
The Bumbling Bee accepts payment via credit cards, PayPal, and checks.
Where can they find The Bumbling Bee?
They can purchase their products from their website or from a store near them.
When was The Bumbling Bee founded?
According to The Virginian-Pilot, the Bumbling Bee opened in 2019, and the proprietors were concerned when the COVID-19 outbreak shut down restaurants around the country.
Cassandra Ayala formerly had food trucks, but she merged them into The Bumbling Bee.
How did Cassandra come up with the idea?
Cassandra had the concept after working in real estate for over 25 years and wanted to try her hand in the culinary sector.
Is The Bumbling Bee vegan?
The Bumbling Bee is vegan, which means that all of its items are free of animal products.
Are The Bumbling Bee Kosher certified?
Yes, their vegan is Kosher certified.
Are The Bumbling Bee cruelty-free?
Yes, they are cruelty-free.
Is The Bumbling Bee approved by PETA?
The Bumbling Bee has been approved by PETA as a vegan-friendly establishment, so vegans can go to the Bumbling Bee for their healthy and tasty treats.
Is The Bumbling Bee gluten-free?
Yes, The Bumbling Bee products are gluten-free.
