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Home POST SHANK TANK

Gotta Have S’more Net Worth 2023

in POST SHANK TANK
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Gotta Have S’more Net Worth

Gotta Have S’more is a company that sells s’mores and offers national shipping. It appeared on Shark Tank in 2013 and was valued at $300,000. As of May 2022, its net worth appears to be around that amount.

What is Gotta Have S’more and Who is the founder of Gotta Have S’more?

Gotta Have S’more is a company based in Los Angeles that specializes in producing S’Muffins, which are muffins flavored like the classic S’mores dessert, made from graham crackers, chocolate, and marshmallows.

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These S’muffins are made with a graham cracker crust, coated in dark chocolate, and topped with toasted marshmallows. The best time to enjoy a S’Muffins is when it is still warm, typically around 5 to 8 seconds in the microwave.

Carmen Lindner is the individual behind Gotta Have S’more, having founded the company after a successful career as an advertising sales executive. When the economic meltdown led to her being laid off in 2008, Carmen used her redundancy compensation to pursue her passion for creating S’mores.

Having experimented with the classic campfire treat for years, Carmen had developed her own version, which she called the S’Muffins. This treat features all the traditional S’more elements but is encased in a delicious double chocolate muffin.

In 2009, Carmen attended the Los Angeles Mixer, a business conference and networking event that allowed entrepreneurs to connect and network with other business owners. At the event, she baked 1,500 S’Muffins, expecting it to be enough for the 3,000 visitors. However, the demand for her delicious treats surprised even her.

In 2010, Carmen founded the Gotta Have S’more Company and started producing the S’Muffins in her own home. Although she initially intended to target corporate clients for large-scale sales, it was the consumers who tried S’Muffins that kept coming back for more.

Gotta Have S’more Shark Tank pitch

During her appearance on Shark Tank in episode 416, Carmen Lindner presented her product, S’Muffins, seeking $75,000 in exchange for a 25% stake in Gotta Have S’more, which was valued at $300,000. She distributed freshly baked samples of her dark chocolate, caramel, and milk chocolate confections.

Despite generating $250,000 in two and a half years in the Los Angeles area and gaining access to several local bakeries and vineyards, the Sharks did not invest in Lindner’s business.

Kevin O’Leary was put off by the high shipping costs, while Mark Cuban suggested that she continue selling locally to save on shipping expenses. Robert Herjavec agreed with Cuban, and Barbara Corcoran didn’t believe the S’Muffins tasted like S’more, causing Lindner to exit the show without a deal.

Despite not receiving an investment, Gotta Have S’more continues to thrive. Lindner was able to reduce her shipping expenses after appearing on Shark Tank and getting better prices. Today, the company offers holiday-themed S’Muffins in addition to customizable muffins with the ability to add a logo to the top of each goodie.

As of August 2021, Gotta Have S’more had annual revenue of $5 million, but as of January 2022, the company’s website was down, and it appears that the company might be out of business.

Competitors of Gotta Have S’more

The competitor of the S’more who are selling the same type of products is the Marshmallow Stuffing Company.

Net Worth of Gotta Have S’more

The company valuation was $300,000 during and after the pitch. Since then the company’s net worth might have been more than that of the pitch.

 

Gotta Have S’more FAQs

What is Gotta Have S’more?

Gotta Have S’more is a Los Angeles-based firm that creates S’muffins. S’muffins is muffins that taste like S’more, the traditional delicacy made with graham crackers, chocolate, and melted marshmallows.

Who is the founder?

Carmen Lindner is the founder of Gotta Have S’more.

How much was seeking on Shark Tank?

Carmen was seeking for $75,000 for 25% stake in her company, Gotta Have S’more, which was valued as $300,000.

Did Carmen have the deal?

No, she did not have a deal with the Sharks on Shark Tank.

Is Gotta Have S’more still in business?

The company website is down since January 2022. It might be out of business.

Where is Gotta Have S’more located?

The company is located in Los Angeles, California.

What does the S’muffins taste like?

The S’Muffins is available in either milk chocolate, dark chocolate, or both. They are made from a double chocolate muffin shell and contain layers of brownie chunks and marshmallows.

How much it costs?

The S’Muffins cost $29.95 per dozen.

Is Gotta Have S’more shipping?

Yes, the company is shipping nationally; however, she should aim to bring the product to other regions that have better access to bakeries and vineyards.

What is Gotta Have S’more shipping cost?

Carmen is hoping to ship the product to the Shark Tank Sharks for $54. But it would cost too much since she has to ship the product to all over the US.

What are Gotta Have S’more ingredients?

The Gotta Have S’more ingredients include dark chocolate, milk chocolate, and caramel flavored marshmallows in gooey form.

What are Gotta Have S’more sales?

Gotta Have S’more have annual sales of $5 million as of August 2021.

Can I cancel Gotta Have S’more order?

Yes, a consumer can cancel the order any time of the day.

What is Gotta Have S’more product?

It is a chocolate, caramel and marshmallow filled muffin.

Is Gotta Have S’more good?

The product is very good, according to most of the customers of the product.

How do I pay for Gotta Have S’more?

Customers can pay through credit card or debit card.

What is Gotta Have S’more company website?

The company website is www.gotahavesmore.com, but the site is down since January 2022.

Is Gotta Have S’more gluten?

Gotta Have S’more products aren’t gluten free.

Are Gotta Have S’more vegan?

The product is vegan since it contains marshmallows.

Is Gotta Have S’more kosher?

Due to its marshmallow ingredient, the product isn’t kosher.

What is the net worth of Carmen Linder?

Carmen Lindner net worth is not available.

 

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