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 Shark Tank Updates
Cereal Killerz Kitchen is a cereal-themed eatery that appeared on Shark Tank in season 12, episode 3. The founders, Jessica and Chris Burns, asked for a $125,000 investment in exchange for a 10% equity, but none of the sharks made an offer. Despite not securing a deal, Cereal Killerz Kitchen continued to operate and expand.
As of February 2023, the brand has four locations in Nevada and Arizona, including a restaurant in the Planet Hollywood Miracle Mile Shops. The brand offers 100 kinds of cereal from around the world.
According to an article from The Cinemaholic, Cereal Killerz Kitchen was planning to open a new facility by Spring 2021 and launch an online store in a few weeks.
It is unclear if these plans were successfully executed. The official website of Cereal Killerz Kitchen only mentions two locations, one in Las Vegas and another in Henderson, Nevada.
In summary, Cereal Killerz Kitchen did not secure a deal on Shark Tank, but it continued to operate and expand. As of February 2023, the brand has four locations in Nevada and Arizona, and it offers 100 kinds of cereal from around the world.
The brand was planning to open a new facility and launch an online store in 2021, but it is unclear if these plans were successfully executed.
Summary Table for Cereal Killerz Shark Tank Net Worth 2023:
| TOPIC | INFORMATION |
| Company Name | Cereal Killerz |
| Founders | Jessica and Chris Burns |
| Shark Tank Appearance | November 2021 |
| Offer on Shark Tank | $125,000 for 10% equity |
| Valuation | $1.25 million |
| Shark Tank Outcome | No investment secured |
| Net Worth as of February 2023 | Over $1 million |
| Business Description | Breakfast cereal company and restaurant |
| Restaurant Locations | Multiple locations in Las Vegas and Arizona |
| Menu | 100 different bowls of cereal and 40 toppings |
| Additional Services | Catering services, custom cereal boxes for sale |
| Shark Tank Update | The company continued to operate and expand |
| Current Locations | 4 |
| Expansion Plans | Planned to open a new facility and online store in 2021 |
| Online Presence | Offers custom cereal boxes for sale, franchising options |
Cereal Killerz FAQS
What Is Cereal Killerz And How Does It Work?
Cereal Killerz is a cereal-themed restaurant and ice cream shop that offers over 100 cereal flavors from around the world. Customers can mix and match cereals with different types of milk and add toppings such as cupcakes, cookies, Nutella, fruit, ice cream, and even Pop-Tarts.
The restaurant also offers over-the-top milkshakes and cereal-based treats such as waffles and iced coffees. The Cereal Killerz Kitchen was founded by Las Vegas natives Christopher and Jessica Burns in 2019.
Cereal Killerz appeared on Shark Tank and pitched their business to the Sharks. Although the Sharks were impressed with the products, they did not invest in the company.
Despite this setback, Cereal Killerz has grown and now has four locations in Nevada and Arizona, including a restaurant in the Planet Hollywood Miracle Mile Shops.
The company has also expanded its business to include custom boxes of cereal that can be shipped all over the United States. The Cereal Killerz Kitchen is still in business and continues to grow via franchising options.
What Is The Concept Behind Cereal Killerz?
The concept behind Cereal Killerz is to offer a unique dining experience centered around cereal. The restaurant offers over 100 types of cereal from around the world, both dairy and non-dairy milk options, and multiple toppings.
Customers can mix and match their cereal and toppings to create their own unique bowl of cereal. In addition to cereal bowls, Cereal Killerz also offers cereal-based treats and snacks such as waffles, ice cream, milkshakes, and even cereal tacos.
The founders of Cereal Killerz, Christopher and Jessica Burns, started the business out of their love for cereal and cereal-based treats.
The goal of Cereal Killerz is to create happiness one bowl at a time. The restaurant has been successful and has expanded to multiple locations in Arizona and Las Vegas.
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.
What Was The Outcome Of Cereal Killerz Shark Tank Pitch?
Cereal Killerz, a cereal-based café, appeared on Shark Tank in season 12, episode 3, seeking $125,000 for 10% equity. Although the Sharks loved the idea, the founders did not receive funding from the show. However, Cereal Killerz has continued to grow and expand through franchising options.
Cereal Killerz was founded by Christopher and Jessica Burns in Las Vegas in June 2018. The café offers over 100 kinds of cereal that customers can mix with candy, cookies, and pop tarts. They also bake cereal into waffles, mix it into ice cream and milk. Due to the COVID-19 pandemic, the business has been booming.
The founders are planning to invest their personal money, which is about $40,000 to $50,000, for expansion. Although they did not receive funding from Shark Tank, Cereal Killerz continues to have swirling success.
How Has Cereal Killerz Grown Since Appearing On Shark Tank?
Since appearing on Shark Tank, Cereal Killerz has continued to grow and expand its business through franchising options. The Cereal Killerz Kitchen, founded by Christopher and Jessica Burns, opened in 2019 as a unique eatery with a single focus: upping the cereal game.
The cereal bar has the same concept as an ice cream shop, offering more than 100 cereal flavors to choose from. Due to Covid-19, business is booming. Although they did not receive funding from the Shark Tank show, Cereal Killerz is worth $1.2 million.
The Burns’ likely want a Shark to help fund their growth. However, they have continued to expand their business through franchising options, which has helped catapult the sweet restaurant concept to success.
The Cereal Killerz Kitchen has become very popular in its local area, and their cereals and ice creams are the most eaten food. The Burns’ had a very good presentation on Shark Tank and handled the sharks very well. Overall, Cereal Killerz has continued to grow and expand its business since appearing on Shark Tank.
Did Cereal Killerz Receive Funding From Shark Tank?
No, Cereal Killerz did not receive funding from Shark Tank. The founders of Cereal Killerz, Jessica Burns and Jason Burns, appeared on Shark Tank in 2021 during Season 12 of the series, asking the Sharks for a $125,000 investment for 10% equity in their company. However, they failed to make a deal with any of the investors.
Despite not receiving funding from Shark Tank, Cereal Killerz is still in business and has expanded its menu to include snacks like cinnamon toast, bagels, and cream cheese, known as “Killer Snacks”.
As of 2020, Cereal Killerz Kitchen is valued at over $1,250,000. The founders plan to invest their personal money, which is about $40,000 to $50,000, for expansion.
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 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.
