Simply Good Jars, a jar containing various flavor salads, appeared in Shark Tank Season 12, episode 6 on March 5, 2021. The founder, Jared Cannon, entered the show seeking $500k for 7% equity. He accepted an offer of $500k for 10% equity from Mark Cuban and Lori Greiner. Simply Good Jars had a net worth of $6 million as of 2023.
Simply Good Jars Net Worth in 2023
Simply Good Jars had a net worth of $7 million before appearing on Shark Tank. As of 2023, their current net worth is $6 million. The founder, Jared Cannon, has a net worth of 1 billion USD as of 2023.
What are Simply Good Jars?
Simply Good Jars offers chef-made healthy salads in jars. Their salads include Southwestern Cobb, Smoked Salmon, Simply Greek, and Chicken Quinoa with Pesto sauce. The founder, Jared Cannon, is a renowned Philadelphia chef.
What happened at the Shark Tank?
Jared Cannon initially offered 7% equity for $500,000. Mark Cuban and Lori Greiner made a counter offer of $500,000 for 10% equity, which Jared accepted. Robert and Daymond did not invest, and Kevin offered $500,000 for 9.5% interest and 7% equity. After the show, Simply Good Jars experienced a significant increase in business inquiries. The deal with Mark and Lori was not finalized, but the company opened a second operating facility in Philadelphia and plans to expand to 28 states in 2022. They currently have over $4 million in annual sales.
Key Takeaways:
- Jars Shark Tank Net Worth: Simply Good Jars had a net worth of $6 million as of 2023.
- Shark Tank Jars Update: The founder, Jared Cannon, accepted a $500k offer for 10% equity from Mark Cuban and Lori Greiner.
- Jars Shark Tank Success Story: Simply Good Jars experienced a significant increase in business inquiries after appearing on Shark Tank.
- Jars Shark Tank Valuation: The company opened a second operating facility in Philadelphia and plans to expand to 28 states in 2022.
- Jars Shark Tank Millionaire: The founder, Jared Cannon, has a net worth of 1 billion USD as of 2023.
Simply Good Jars Net Worth in 2023
Simply Good Jars, the jarred salad company that appeared on Shark Tank, had a net worth of $7 million before its appearance on the show. However, as of 2023, the company’s current net worth is $6 million. Despite the slight decrease in net worth, founder Jared Cannon has amassed a personal net worth of 1 billion USD.
Since its inception, Simply Good Jars has gained popularity for its chef-made, healthy salads conveniently packaged in jars. The menu boasts a variety of delicious options like the Southwestern Cobb, Smoked Salmon, Simply Greek, and Chicken Quinoa with Pesto sauce. These flavorful combinations have resonated with health-conscious consumers, contributing to the success of Simply Good Jars.
During their appearance on Shark Tank, Jared Cannon initially sought $500,000 for 7% equity in the company. Mark Cuban and Lori Greiner, impressed by the concept and potential, made a counter offer of $500,000 for 10% equity, which Jared ultimately accepted. Although the deal with Mark and Lori was not finalized, Simply Good Jars experienced a surge in business inquiries following their appearance on the show.
| Date | Net Worth |
|---|---|
| Before Shark Tank | $7 million |
| 2023 | $6 million |
The Shark Tank exposure propelled Simply Good Jars to open a second operating facility in Philadelphia and set ambitious plans to expand to 28 states by 2022. As of now, the company boasts annual sales of over $4 million, further solidifying their position in the market.
What are Simply Good Jars?
Simply Good Jars is a company that offers a unique and convenient way to enjoy healthy, chef-made salads. Their salads are carefully crafted and packed in jars, making them easy to grab and go for busy individuals looking for nutritious meal options. With a focus on quality ingredients and delicious flavors, Simply Good Jars has quickly gained popularity.
Their menu includes a variety of salad options, such as the Southwestern Cobb, Smoked Salmon, Simply Greek, and Chicken Quinoa with Pesto sauce. Each jar is filled with layers of fresh vegetables, protein, and flavorful dressings, creating a satisfying and wholesome meal.
The founder of Simply Good Jars, Jared Cannon, is a renowned chef from Philadelphia. With his culinary expertise and passion for healthy eating, he has successfully created salads that not only taste great but also provide the nutritional value needed to fuel a busy lifestyle.
The Menu:
| Salad | Description |
|---|---|
| Southwestern Cobb | A delicious combination of grilled chicken, black beans, corn, avocado, and chipotle ranch dressing. |
| Smoked Salmon | Smoked salmon, mixed greens, cherry tomatoes, cucumbers, red onions, and lemon dill dressing. |
| Simply Greek | Feta cheese, Kalamata olives, cherry tomatoes, cucumbers, red onions, and Greek dressing. |
| Chicken Quinoa with Pesto | Grilled chicken, quinoa, roasted red peppers, artichoke hearts, Parmesan cheese, and pesto dressing. |
Simply Good Jars has made it easy for individuals to maintain a healthy and balanced diet, even on the go. With their flavorful salads packed in jars, customers can enjoy a delicious meal without compromising on nutrition. Whether you’re looking for a quick lunch at the office or a pre-workout snack, Simply Good Jars has you covered.
Next, we’ll dive into what happened when Simply Good Jars appeared on Shark Tank and the impact it had on their business.
What happened at the Shark Tank?
Let me take you behind the scenes of Simply Good Jars’ appearance on Shark Tank. When I entered the Tank, I was seeking $500,000 for 7% equity in my jarred salad business. Little did I know, the sharks had big plans for me.
Mark Cuban and Lori Greiner made a counter offer that I couldn’t resist. They offered $500,000 for 10% equity, and I gladly accepted. It was a dream come true to have two experienced and successful entrepreneurs on board.
Unfortunately, Robert and Daymond didn’t see the potential in Simply Good Jars and decided not to invest. Kevin also made an offer of $500,000 for 9.5% interest and 7% equity, but I knew Mark and Lori were the perfect partners for my business.
After the show aired, the response was overwhelming. Simply Good Jars received a surge of business inquiries and interest from investors. While the deal with Mark and Lori wasn’t finalized, we didn’t waste any time in expanding our operations.
Today, Simply Good Jars has opened a second operating facility in Philadelphia and has big plans for the future. We aim to expand our reach to 28 states by 2022, and with over $4 million in annual sales, we’re well on our way to achieving that goal.
FAQ
What was Simply Good Jars’ net worth before and after appearing on Shark Tank?
Simply Good Jars had a net worth of $7 million before appearing on Shark Tank. As of 2023, their current net worth is $6 million.
What is Simply Good Jars’ net worth in 2023?
As of 2023, Simply Good Jars has a net worth of $6 million.
What are Simply Good Jars?
Simply Good Jars offers chef-made healthy salads in jars. Their salads include Southwestern Cobb, Smoked Salmon, Simply Greek, and Chicken Quinoa with Pesto sauce.
Who is the founder of Simply Good Jars?
The founder of Simply Good Jars is Jared Cannon, a renowned Philadelphia chef.
What happened at the Shark Tank?
Jared Cannon initially offered 7% equity for $500,000. Mark Cuban and Lori Greiner made a counter offer of $500,000 for 10% equity, which Jared accepted.