Just the Cheese Shark Tank’s Net Worth
Just the Cheese is a brand of cheese snacks founded in 2012 by David Scharfman. The company was featured on Shark Tank in September 2022, where it had a valuation of $10 million.
As of February 2023, Just the Cheese has an estimated net worth of $10 million, with annual revenue of $4 million The company has expanded its retail distribution channel and secured positions in several offline locations following its appearance on Shark Tank.
What is Just the Cheese? Who is the founder of Just the Cheese?
Just the Cheese is a delicious and straightforward snack created entirely from genuine Wisconsin cheese. The recipe aims to mimic the crispy edges of a grilled cheese sandwich, and each snack is hand-shredded, crumbled, and baked in a family-owned cheese factory in Wisconsin.
The founder of Just the Cheese, David Scharfman, comes from a family of cheese-makers in Wisconsin, and his father invented the snack.
After completing his education in political science and Chinese at the University of Virginia, David worked in the dairy and gaming industries before becoming a financial consultant.
Specialty Cheese Company was established by the Scharfman family in 1991 in Wisconsin, and David’s father produced the snacks that the company effectively marketed for many years. During the peak of the Atkins Diet craze, Just the Cheese snacks became very popular.
However, as David grew up and relocated to the East Coast for work, he noticed that the brand gradually lost its prominence.
In 2017, David and his wife stumbled upon a baked cheese snack while shopping and found Just the Cheese to be superior in taste. They contacted David’s father and asked if they could resume production, and they returned to Wisconsin to rebrand the company.
Today, Just the Cheese is widely available on Amazon and at thousands of retailers across the United States.
The product is available in bars and bite-sized crisps known as “minis,” and it comes in five different flavors: White Cheddar, Wisconsin Cheddar, Grilled Cheese, Garlic & Chive, and Jalapeno. Scharfman’s company must have high sales because it is valued at $10 million.
Just the Cheese Shark Tank pitch?
In season 20, episode 19 of Shark Tank, David Scharfman sought a partner to help scale and distribute Just the Cheese, his crispy cheese snack.
He asked for $500,000 in exchange for a 5% stake in his $10 million valued company. Despite positive feedback and interest from the Sharks, David turned down all three offers made by Kevin, Lori, and Mark.
After the show, Just the Cheese continued to expand its retail distribution and is now available in major supermarket chains, as well as on Amazon and in Target stores. David also became a co-packer for Slim Fast Snack Crisps. As of December 2021, the company is still in operation and generates $4 million in yearly sales.
Competitors of Just the Cheese
The main competitors of Just the Cheese are; Murray’s Cheese, 14th Street Pizza, Conti’s Sugar Mountain and Baked.
Net Worth of Just the Cheese
The valuation of the company was $10 million during and after the pitch, since then the company have been doing well in sales with annual revenue of $4 million in 2021. This justify that the company net worth might have elevates.
Just the Cheese FAQs
What is Just the Cheese?
Just the Cheese is a simple and delicious snack made from authentic Wisconsin cheese. Just the Cheese’s trademark formula is intended to taste like the crispy ends of a grilled cheese sandwich, and each Just the Cheese snack is hand-shredded, crumbled, and baked at a family-owned Wisconsin cheese factory.
Who is the founder?
Specialty Cheese Company, a Wisconsin-based cheese company, is founded by David Scharfman. David’s father invented the “Just the Cheese” snack in 1991.
How much was asking on Shark Tank?
David was asking for $500,000 for a 5% stake in his firm, which was valued at $10 million.
Did he have the deal?
No, David did not have a deal after the pitch.
Is Just the Cheese still in business?
Yes, Just the Cheese is still in business and is sold in major retailers across the country.
Where can I find Just the Cheese?
Just The Cheese is manufactured in Reeseville, Wisconsin, in a family-owned cheese factory. All of their cheese is prepared by hand with 100% authentic Wisconsin cheese.
What exactly are Just the Cheese Bars?
In their family-owned cheese factory in Reeseville, Wisconsin, just the cheese is made. All of their cheese is prepared by hand with 100% real Wisconsin cheese. Calcium-rich and high in protein Just the Cheese Bars are high in protein and calcium.
Just the Cheese has how many carbs?
There are no MSG, any wheat or wheat products, and no gluten. Trans Fat 0g, Cholesterol 30mg, 10%, Sodium 300mg, 12% Total Carb 1 gram 0 percent.
Is it only the cheese that’s Keto?
This is known as ketosis in metabolic terminology. One of the benefits of a keto diet, according to devotees, is that cheese is not forbidden. In fact, cheese is the ideal keto food: high in fat, moderate in protein, and low in carbs.
Is it healthful to eat only the cheese?
A healthy life is becoming more linked to well-balanced diet and a healthy lifestyle. As a result, Just the Cheese is ideal as a snack for any occasion.
Is cheese a worse option than meat?
Yes, cheese contains fat, cholesterol, and, more importantly, saturated fat. While the meat food category (containing beef, processed meats, eggs, poultry, and other meats) is the most abundant source of saturated fat and cholesterol in the American diet, the milk food group (including cream and cheese) ranks second.
Is it as dangerous to eat cheese as it is to eat meat?
And, while some animal products can increase disease, perhaps there is no proof that cheese should be treated the same as meat or milk.
Cheese is a wonderful source of protein and calcium, and studies shows that it does not contribute to chronic illness.
Can dogs consume cheese?
Yes, dogs can consume cheese. In reality, cheese is frequently used as a teaching technique, particularly for pups. While some dogs can eat cheese and most dogs enjoy it, many dogs are lactose intolerant. Even if their dog can take cheese, it is generally advisable to feed it in moderation.
How Just the Cheese does makes money?
Just the Cheese makes money by targeting its customers who look for a good and healthy snack that does not contain any trans-fat, cholesterol, and MSG.
Is Just the Cheese safe?
Just the Cheese is safe for consumption and does not contain any artificial ingredients or preservatives. Just the Cheese Bars are not only low in carbohydrates but also rich in protein, calcium, and fat.
Can I eat Just the Cheese as a meal replacement?
Yes, one can eat Just the Cheese as a meal replacement for those that are following a low-carb diet.
What is the net worth of David Scharfman?
David Scharfman’s net worth is unknown