Cereal Killerz Shark Tank Net Worth 2023
Cereal Killerz Shark Tank Net Worth
The Cereal Killerz Kitchen, founded by Jessica and Chris Burns, appeared on ABC’s Shark Tank in November 2021. The couple asked for $125,000 in exchange for 10% equity in their company, valuing it at $1.25 million.
However, the Sharks declined to invest and the couple left without a deal.
As of February 2023, The Cereal Killerz Kitchen is still in business and has a net worth of over $1 million. The company has expanded to multiple locations in Las Vegas and offers online customization of cereal boxes for sale.
What is Cereal Killerz?
Cereal Killerz is a breakfast cereal company that specializes in providing a range of breakfast cereals made using only natural and vegan ingredients.
They have also opened a breakfast-themed restaurant, with three locations in Arizona and one in Las Vegas, Nevada.
Their restaurant menu boasts 100 different cereals and 40 toppings which customers can use to customize their ice cream, milkshakes, waffles, and iced coffees.
For those looking to host parties or events, Cereal Killerz offers catering services. Additionally, customers can participate in the cereal challenge for a chance to be featured on their wall of fame.
During an appearance on Shark Tank, Jessica and Jason Burns pitched their business and asked for $125,000 in exchange for 10% of their cereal breakfast bar and café. However, the couple left the show without securing any investment.
Cereal Killerz Shark Tank Pitch
The TV show Shark Tank in the United States featured Cereal Killerz, a company famous for producing protein-based cereal.
The owners of the company, Jessica and Chris Burns, aimed to secure $125,000 in exchange for a 10% stake in their business.
During the show, the owners showcased their product by offering the investors 100 types of cereal and 40 toppings, which customers could enjoy at their “cereal bar” facility, evoking memories of their childhood favorites.
However, the sharks pointed out that Cereal Killerz Kitchen, the company’s only location, was losing $8,000 per month, making it a difficult investment opportunity.
Jessica and Chris blamed the COVID-19 pandemic for the lack of sales but explained that they were in the process of building one to three new stores that they believed would be more profitable.
Although Lori Greiner was interested in the idea, she had already invested in a similar company and did not want a conflict of interest.
Robert Herjavec deemed the business too risky, while Daymond John and Mark Cuban decided not to invest in the company. As a result, Cereal Killerz left Shark Tank without a deal.
However, the company later announced plans to close one location while opening two additional ones. Despite the pandemic’s impact, the company appears to be doing well.
Cereal Killerz Net worth
Cereal Killerz kitchen was seeking an investment of $125,000 in exchange of 10 percent equity in the company. That puts the valuation to estimated 1.25 million (in 2020).
Cereal Killerz FAQS
What is Cereal Killerz
Cereal Killerz is a cereal and ice cream bar that fulfills childhood sugar needs with milkshakes, cereal waffles, and mixed bowls with a morning twist.
Cereal Killerz Kitchen is based in Las Vegas, Nevada and advertises itself as Southern Nevada’s first and only cereal bar.
They offer more than 100 cereals from around the world, as well as dairy and non-dairy milk options and a variety of toppings.
Did cereal killerz get a deal?
During Shark Tank Season 12 Episode 3, Jessica Burns and Jason Burns approached the Shark Tank seeking $125,000 for a 10% stake in their cereal breakfast bar and café, but exited without a deal.
Who owns Killerz Cereal?
Chris Burns is the proprietor of The Cereal Killerz Kitchen, a cereal and ice cream shop that fulfills childhood sugar needs with milkshakes, cereal waffles, and mixed bowls – all with a morning twist.
Cereal Killerz Kitchen: What Can You Make?
With their extensive selection of cereals and toppings, you can make almost whatever you want.
What’s the biggest challenge you see in this business?
Robert believes that operating a retail store and developing a brand is challenging; he has decided to leave.
What exactly is LeBron James Cereal?
In November 2019, they reportedly released a limited-edition delicacy called “The LeBron James,” which is described as a waffle taco filled with ice cream and the NBA stars’ favorite cereal, Fruity Pebbles.
What is the purpose of Cereal Killerz?
Customers may have their favorite morning meal with a variety of toppings at the facility, which is essentially a “cereal bar.”
What exactly do they sell?
Cereal Killerz Kitchen sells over 100 different varieties of cereal.
What became of Jessica and Jason Burns?
On Shark Tank Season 12 Episode 3, Jessica Burns and Jason Burns entered the Shark Tank seeking $125,000 for a 10% stake in their cereal breakfast bar and café, but departed without a deal.
How many locations does Cereal Killerz Kitchen have?
Cereal Killerz Kitchen is a breakfast-themed restaurant with three locations in Arizona and one in Las Vegas, Nevada.
Jessica Burns’ previous job before Cereal Killerz?
Jessica Burns, the proprietor of Cereal Killerz, worked for an insurance firm for 12 years before to launching the business in 2019.
What Happened on Shark Tank to The Cereal Killerz Kitchen?
Jessica and Chris Burns, the restaurant’s founders, were unable to secure a deal with any of the sharks.
What was the deal?
Jessica and Chris Burns are business owners who pitched their Cereal-bar business to the shatks. They requested $125,000 for 10% equity. There was however no deal reached with the sharks.
What’s happening with The Cereal Killerz Kitchen?
There isn’t any official The Cereal Killerz Kitchen update yet, but according to the official website, one location is still operational in Las Vegas and another is planned to open shortly.
Where Can I Get Cereal Killerz?
There are purchase options available online if you are not in the Southern Nevada region, the Cereal Killerz provides a method to bring the fun into your own house.
What’s next for Cereal Killerz?
The Cereal Killerz Kitchen is expanding once more, this time from Henderson’s Galleria at Sunset to the north valley.
Which shark tank episode was Cereal Killerz Kitchen?
Christopher and Jessica Burns, a husband-and-wife partnership, made a pitch for Cereal Killerz Kitchen, a retail franchise concept that serves a range of cereal-centric delights.
The shows were aired during Season 12 Episode 3of Shark Tank.
Is Cereal Killers still in operation?
Cereal Killers closed their restaurant in its original location in October 2020. However, they want to establish two restaurants in distinct places. They will launch their second store on the Vegas Strip on October 30, 2020.
Although Covid-19 may have had an impact on the business, it is still thriving.
Cereal Killerz Kitchen is available where?
Cereal Killerz Kitchen, based in Las Vegas, Nevada, promotes itself as Southern Nevada’s first and only cereal bar, offering more than 100 cereals from around the world, as well as dairy and non-dairy milk options and a variety of toppings.
What’s the story behind the Goodyear Cereal Killerz?
Cereal Killerz in Goodyear challenges its clients to create the treat of their dreams by offering more than 100 cereals from across the world, dairy and nondairy milk alternatives, and a variety of toppings.