Henry’s Humdingers Net Worth

Henry Miller, the founder of Henry’s Humdingers, appeared on Shark Tank in 2022 seeking an investment of $150,000 in exchange for a 25% stake in his company. The sharks commended Miller based on the taste of the honey and the fact that in three years he had made $67,000.

Herjavec upped the ante to $300,000 for 75 percent, but it is unclear if Miller accepted the offer. As such, Henry’s Humdingers’ net worth is unknown.

What is Henry’s Humdingers and Who founded Henry’s Humdingers?

Henry’s Humdingers is a company that produces spiced raw honey with delicious flavors. The founder of this company is Henry Miller, who developed an interest in bees at a young age.

When he was 12 years old, he received a beehive, which sparked his passion for beekeeping. He started experimenting with adding spices to his excess honey, which eventually led to the creation of his business.

Since then, Henry’s Humdingers has experienced significant growth and can now be found in over 100 locations across 31 states. The company distributes its products through regional supermarkets and natural food stores.

Additionally, they have attracted wholesale clients at natural food expos, catering to the demand for raw honey among the natural food community.

To summarize, Henry Miller founded Henry’s Humdingers, a company that produces flavorful spiced raw honey. His childhood passion for bees and experimentation with adding spices to his honey led to the creation of this successful business.

 

Henry’s Humdingers the Shark Tank

Henry appeared on the TV show Shark Tank seeking a $150,000 investment in exchange for a 25% stake in his spiced honey company, Henry’s Humdingers.

He argued that the extinction of bees would cause the food chain to collapse. The Sharks initially laughed at his pitch but were impressed by his sales of $67,000 over three years and his distribution in 300 stores across 30 states.

Kevin O’Leary declined due to a lack of market potential, Lori Greiner saw no market for “hot” honey, and Barbara Corcoran suggested internet crowdfunding. However, Mark Cuban offered $300,000 for a 60% stake in the company, and after negotiation with Robert Herjavec, they agreed on a deal of $300,000 for a 75% equity stake.

Henry accepted the offer but ultimately declined it to keep the business in the family, despite advice from friends to take the investment and repay his parents. The show helped his business grow by 300% and expanded his distribution. He also reached out to Target and was in negotiations with a yogurt chain.

However, Henry’s Humdingers is now closed, and their website and social media accounts are inactive. The family farmhouse, which was crucial to the business, was destroyed in a fire, and the company officially shut down on January 2nd, 2019. Despite this, Mark Cuban remained supportive and checked in on Henry regularly.

Competitors of henry’s Humdinger

Ada’s Honey is raw, handcrafted honey from Colorado, produced by a single beekeeper using heirloom bees.

The beekeeper believes in the importance of the relationship between humans and nature in the pollination process.

Henry’s Humdingers The Shark Tank Updates

Henry Miller pitched his line of spicy honey, Henry’s Humdingers, on Shark Tank during season 5 and made a deal with Robert Herjavec and Mark Cuban. As of January 2, 2022, Henry’s Humdingers has closed after being in business for five years.

The family lost their farmhouse in a fire, which led to the closure of the business.

Henry’s Humdingers was distributed in over 100 stores in 31 states, including smaller, regional supermarkets. While the business was active, it gained popularity for its unique blend of spices mixed with raw honey.

However, after the closure of the business, Henry Miller’s current activities are unknown.

In conclusion, Henry’s Humdingers, the spicy honey line pitched on Shark Tank, has closed after being in business for five years due to a fire that destroyed the family’s farmhouse.

Henry’s Humdingers Summary:

KEY INFORMATION	SUMMARY
Company Name	Henry’s Humdingers
Founder	Henry Miller
Product	Spiced raw honey
Appearance on Shark Tank	Season 5, Episode 16
Investment Sought	$150,000 in exchange for 25% equity stake
Investment Offered	$300,000 for 75% equity stake
Outcome	Henry accepted the offer but ultimately declined it
Net Worth	Unknown
Distribution	Over 100 locations across 31 states
Competitors	Ada’s Honey
Closure Date	January 2nd, 2019
Reason for Closure	Fire that destroyed the family’s farmhouse
Current Status	Closed

FAQS of Henry’s Humdingers

What Is Henry’s Humdingers The Shark Tank?

Henry’s Humdingers is a line of spicy honey created by Henry Miller, who started mixing spices with honey from his beehive when he was 12 years old. The company was featured on Shark Tank in episode 516 – The Young Entrepreneurs Special, where Miller pitched his product to the Sharks.

Henry’s Humdingers was in over 100 stores in 31 states with distribution through smaller, regional supermarkets.

Unfortunately, Henry’s Humdingers did not become a Shark Tank success story. The company shut down after appearing on the show. Despite Miller’s goal of helping the plight of honey bees suffering from Colony Collapse Disorder, the company was not able to sustain itself in the competitive honey market.

How Does Henry’s Humdingers The Shark Tank Works?

Henry’s Humdingers is a line of spicy honey created by Henry Miller, who started mixing spices with honey when he had more honey than he knew what to do with at the age of 12.

In Shark Tank episode 516, Miller pitched his product to the Sharks and asked for a $150,000 investment in exchange for a 25% stake in the company. Miller offered each of the Sharks some samples of his spiced honey, and they seemed to genuinely enjoy the product.

After appearing on Shark Tank, Henry’s Humdingers received considerable buzz and was distributed in over 100 stores in 31 states through smaller, regional supermarkets. However, the honey business shut down on January 2, 2018.

It is unclear why the business closed, but Miller’s parents had invested $150,000 into the business, and Miller was determined to pay them both back.

What Is The Current Valuation Of Henry’s Humdingers The Shark Tank?

Henry’s Humdingers appeared on Shark Tank in March 2014. The company’s founder, Henry Miller, asked for $150,000 for 25% of the company or $300,000 for 75% of the company. The valuation of Henry’s Humdingers was $600,000 when it appeared on Shark Tank.

However, Henry’s Humdingers went out of business in 2019, and the product is no longer available in the market. Therefore, the current net worth of Henry’s Humdingers is unknown, and the company is no longer in operation.

 

What Happened To Henry’s Humdingers The Shark Tank?

Henry Miller appeared on Shark Tank in 2014 to pitch his line of spicy honey, Henry’s Humdingers. He asked for $150,000 in exchange for a 25% stake in the business. While he received offers from Mark Cuban and Robert Herjavec, the deal did not close for various reasons.

Despite the setback, Henry’s Humdingers continued to grow and expand, with distribution in over 100 stores in 31 states.

However, in January 2019, Henry Miller announced that he had closed Henry’s Humdingers after five years in business. Miller stated that he was proud of what he had accomplished with the gourmet honey business, but it was time to move on to new ventures.

It is unclear why the business closed, but it is possible that it was due to financial difficulties or other challenges.

Despite the closure of Henry’s Humdingers, Henry Miller’s passion for beekeeping and honey production continues. He started his honey business when he was just 12 years old and has been dedicated to fighting colony collapse disorder, a phenomenon in which worker bees abruptly disappear.

Miller has also donated proceeds from his honey sales to The Foundation for The Preservation of Honey Bees. While Henry’s Humdingers may no longer be in business, Miller’s commitment to beekeeping and honey production lives on.

Who founded Henry’s humdingers?

It was founded by Henry Miller in 2014.

What are the best flavors offered by Henry’s Humdingers?

The best flavors are Apple Pie Spice Raw Honey, Pumpkin Pie Spice Raw Honey, and Strawberry Roasted Garlic Raw Honey.

How many varieties of raw honey does henry’s humdinger offer?

They offer about 5 varieties which include: Apple Pie Spice, Breakfast Blend, Chocolate Lover’s, Cranberry Orange, and Strawberry Roasted Garlic.

Why is Henry’s humdinger best for cooking?

They are recommended for use in baking, cooking, and candy making. They are perfect for making sauces and canning.

What was Henry’s humdinger deal at the shark Tank?

Henry’s Humdinger was featured on the first episode of the first season of Shark Tank. He made a deal with Kevin O’Leary and Mark for $300,000 for 75% of his business.

What happened to Henry’s humdinger honey?

Henry Miller revealed on Facebook on January 2, 2019, that he has closed Henry’s Humdingers after five years. Miller stated in the article that the company was losing money.

Is Henry’s Humdingers still in business?

Unfortunately, Henry announced the closure of the company on Facebook in January 2019.

What happened to Henry’s humdingers after the Shark Tank?

The business grew by 300%, but on January 2019, after five years of business, Henry’s Humdingers closed. He said that the company was losing money and that he had no choice but to shut it down.

How many employees did Henry’s humdingers have?

According to Henry’s Facebook page, there was 1 full-time employee at the time of the filming of the first episode of the first season of Shark Tank.

There is no further information about Henry’s humdingers today.

What is Henry’s humdinger Big Honey?

Henry’s Humdingers was renamed to Henry’s Big Honey after it was purchased by Buffalo Nugget Company in 2016.

Henry Miller said he had no control over this change but was happy with it since it allowed them to continue making their honey.

What stores sell Henry’s Humdinger Honey?

Henry’s Humdingers could be purchased singly online, or in a 4-pack of 13 ounce jars via the QVC home shopping network.

What exactly are Henry’s Humdingers?

Henry’s Humdingers is a natural condiment brand that consists of honey with a hint of spice — honey with a kick.

Henry reconverted beekeeping into a company, forming Henry’s Humdingers LLC.

Henry Miller later pitched Henry’s Humdingers, his brand of spicy honey, in Shark Tank episode 516

What is the story with Henry?

As previously stated, Henry Miller invented spiced raw honey.

Starting a profitable business at the age of 12 obviously necessitates rapid maturation, and as Henry points out at the opening of this movie, at the ripe old age of 15, he has already done precisely that.

Henry enters the Shark Tank in search of a $150,000 investment in exchange for a 25% ownership in the company.

What was the deal price?

Miller ended up with $300,000 for 75% but he decided to decline the deal in order to keep it as a family business.

What happened to Henry’s Humdingers after shark tank?

Despite his friends’ advice to accept the deal in order to return his parents’ $150,000 investment, Henry finally declined down the Shark’s offer, keeping the company in the family.

His company’s revenue surged by 300 percent following his appearance on Shark Tank, and his distribution has expanded.

Regretfully, Henry announced the closure of Henry’s Humdingers on Facebook in January 2019: “I wanted to write and let you know that I have closed Henry’s Humdingers since we haven’t generated any profit in some time.”

Henry’s Humdingers Pitch on Shark Tank Season 5 Episode 20