Joe’s Gourmet Fish Fry Shark Tank Update | Joe’s Gourmet Fish Fry Net Worth
What is Joe’s Gourmet Fish Fry?
Joe’s Gourmet Fish Fry is a seasoned seafood breading mix that may be used on a variety of foods including shrimp, fish, pork, veggies, and more.
The “seafood coating absorbs less oil,” according to their website.
We utilize high-quality ingredients that absorb less oil, allowing them to fully appreciate the taste of their fish or vegetable.”
Who is Joe’s Gourmet Fish Fry’s founder?
For many years, Joe and Maranda Dowell have served wonderful meals seasoned with pleasant hospitality to their friends, family, and the general public.
Initially, the Dowells travelled widely, delivering fish cooked in a unique batter Joe had devised at fairs, conferences, and sporting events. They eventually made the decision to open a restaurant.
They opened four restaurants in 1998, two in Atlanta and two in New Orleans, with financial support from Joe’s parents.
Hurricane Katrina destroyed New Orleans in 2005, forcing them to shutter two eateries.
Never ones to back down from a challenge, Joe and Maranda decided to refocus their efforts on bottling and selling the secret seasoning blend that had gained them so many followers over the years.
Joe’s Gourmet, LLC was formed in 2007, and the Dowells began their travels, attending several promotional events for Joe’s Gourmet Fish Fry—that delightful blend of cornmeal and wheat flour flavoured with herbs, spices, and flavourings.
Although the husband and wife duo currently operate together in the firm, this was not always the case.
Joe has worked in restaurants and catering since the 1990s, while Maranda is a former retail real estate specialist and commodities professional.
In 2015, she joined the family company.
Joe and Maranda attend huge gatherings in the south-east and fried fish. Customers were so pleased with their meals that they began requesting Joe’s secret breading mix.
That’s when he realized he needed to start a business other than catering. Simply dip and fry to use. There is no flour, egg, or anything else.
The combination absorbs less oil and imparts a crunchier, less greasy flavour to the fish.
Joe’s Gourmet Fish Fry is available at a variety of Wal Mart, Goodsons, and other stores from Illinois to the southeastern United States.
He also sells on Amazon and online. A one-pound bag costs $5, while a six-pack costs $25.
He also sells in bulk to eateries. Joe and Maranda are socially responsible since they make a large supper once a month for the Safe House Outreach, a homeless advocacy group in downtown Atlanta.
What happen to Joe’s Gourmet Fish Fry at the Shark Tank?
Joe and Maranda appear on Shark Tank season 9 episode 16 in search of $150,000 for a 15% stake in their company. This represents a $1 million valuation.
They make their case and then serve samples of shrimp, halibut, zucchini, chicken, and scallops made using their combination. It appeals to the Sharks.
The pair explains that each bag costs them $1.75 to make. They sell it wholesale for $2.25-$2.50 and retail for $5. Lifetime sales total $409,000, with $270,000 expected this year (2017).
The Wal Mart transaction took place only 7 weeks before filming began.
Kevin O’Leary leaves because he is concerned about the valuation.
Lori Greiner believes the breading mix is “amazing,” but she doesn’t think it’s a good business to invest in. She leaves.
Mark Cuban believes their “relentless” mentality inspires him.
Robert Herjavec loves the product but doesn’t think it’s fair to make an offer because Dowell’s father has a part in the company.
Daymond John loves the two and eventually offers $150,000 for a 25% stake. They respond 18%, but shortly withdraw the counteroffer. They accept his original proposal.
Joe’s Gourmet Fish Fry after the Shark Tank Pitch
Since its debut, they’ve added a zip loc to their package. In 2019, the firm stated that it would launch a cooked fried catfish product in the roughly 1200 locations where it has a presence.
The fish is supplied by Inland Seafood, a Georgia-based corporation with a significant distribution network in the United States Southeast.
In Lithia Springs, Georgia, they established a restaurant inside a Wal Mart. This is the first restaurant of a franchise opportunity that will be revealed in November 2020.
They are in business and doing well as of June 2021, with revenues of roughly $1 million.
Joe’s Gourmet Fish Fry Net Worth
Joe and Maranda appear on Shark Tank season 9 episode 16 in search of $150,000 for a 15% stake in their company. This represents a $1 million valuation.
They accepted an offer from Daymond of $150,000 for 25% stake thus brining valuation to be $600,000.
Joe’s Gourmet Fish Fry Competitors
Margartiaville Foods and Garden Fresh Gourmet are two of Joes Gourmet’s main rivals.
Joe’s Gourmet Fish Fry FAQS
What is Joe’s Gourmet Fish Fry?
Joe’s Gourmet Fish Fry is a seasoned seafood breading mix that may be used on a variety of foods including shrimp, fish, pork, veggies, and more.
The “seafood coating absorbs less oil,” according to their website.
Who is the founder of Joe’s Gourmet Fish Fry?
Joe’s Gourmet Fish Fry was founded by Joe and Maranda Dowell.
How much were they asking in the Shark Tank?
Joe and Maranda Dowell were asking a $150,000 investment for 15% equity in their company.
Did they get the deal from the Shark Tank?
Yes, they did, they secure a deal from Daymond.
How much was the deal?
The deal was for 25% equity in the company for $150,000 investment.
Is Joe’s Gourmet Fish Fry still in business?
Yes, Joe’s Gourmet Fish Fry is still in business as of June 2021.
How much revenue do they make?
They have $409,000 in lifetime sales. They expect to have $270,000 in sales this year (2017).
Is Joe’s Gourmet Fish Fry free of gluten?
Joe’s Gourmet Fish Fry does not contain gluten.
When was Joe’s Gourmet Fish Fry aired on Shark Tank?
Joe’s Gourmet Fish Fry aired on January, 14th 2018.
What episode was Joe’s Gourmet Fish Fry featured?
Joe’s Gourmet Fish Fry was featured on episode 16 of Season 9.
Can they buy Joe’s Gourmet Fish Fry online?
Yes, they can order Joe’s Gourmet Fish Fry online from their official website. It is available for $5 per 1 pound bag or $25 for a 6 pack.
They also make a bulk order with pricing based on the volume purchased.
Where are Joe’s Gourmet Fish Fry located?
Joe’s Gourmet Fish Fry is founded in Atlanta, Georgia, It has several distribution centres in the Georgia area and it ships its fish to over 1200 retail locations across the south east.
Can they buy Joe’s Gourmet Fish Fry on Amazon?
Yes, they can buy Joe’s Gourmet Fish Fry on Amazon.
Where do they source their fish?
They source their fish from Inland Seafood, a Georgia-based company.
What is the price range on their fish?
The pair explains that each bag costs them $1.75 to make. They sell it wholesale for $2.25-$2.50 and retail for $5.
Can they pre-order Joe’s Gourmet Fish Fry?
Yes, they can pre order Joe’s Gourmet Fish Fry from their official shop website.
What exactly are the ingredients?
Yellow Corn Meal, Wheat Flour, Salt, Dried Onion, Dehydrated Garlic, Monosodium Glumate, spices (including celery seed), sugar, citric acid, yellow corn meal, organge peel powder, natural flavours (including lemon oil), dehydrated parsley, tumeric and paprika extractives
Joe’s Gourmet Not Just Fish Fry has how many calories?
Joe’s Gourmet Not Just Fish Fry, Gluten Free has a calorie count of 70.0.
How many carbohydrates are there in Joe’s Gourmet Not Just Fish Fry?
Joe’s Gourmet Not Just Fish Fry, Gluten Free has 15.0 grams of carbohydrates.
What is the sugar content of Joe’s Gourmet Not Just Fish Fry?
Joe’s Gourmet Not Just Fish Fry, Gluten Free contains no sugar.
What is the fat content of Joe’s Gourmet Not Just Fish Fry?
Joe’s Gourmet Not Just Fish Fry, Gluten Free has no fat.
What is the salt content of Joe’s Gourmet Not Just Fish Fry?
The salt content of Joe’s Gourmet Not Just Fish Fry, Gluten Free is 530.0 grams.
