Lynnae’s Gourmet Pickles Shark Tank Net Worth 2023

Lynnae Schneller and Ali Cullinane entered the Shark Tank season 5 episode 1, seeking a $125,000 stake in their business, Lynnae’s Gourmet Pickles, in exchange for a 25% equity share.

This indicates that the valuation of their business was calculated to be $325,000. If successful, this would enable them to expand the business and potentially gain more significant investments from other sources.

However, with the Sharks expressing hesitation due to the lack of profitability of pickles as a product line, it remains to be seen whether they will ultimately receive the funding that they were seeking to grow their business.

What is Lynnae’s, Gourmet Pickles?

Lynnae’s Gourmet Pickles are produced using a closely guarded family recipe passed down from their great-grandmother.

These pickles have a unique and irresistible flavor, with a crisp texture that sets them apart from any other pickle you’ve tried. Lynnae’s Pickles offers two varieties, Mrs. Pickles (a sweet and sour dill) and Hot Mama (a sweet and sour pickle with a jalapeno kick).

The founders of Lynnae’s Gourmet Pickles are Lynnae Schneller and Aly Cullinane. They discovered Lynnae’s great-grandmother’s gourmet pickle recipe and started making them for family and friends. After receiving positive feedback, they decided to start selling them.

They converted a trailer into a commercial kitchen and began manufacturing pickles with the help of Aly, who is now a business partner.

In their first week of operation, Lynnae and Aly sold nearly 1,000 jars of pickles. However, due to the recipe being a closely guarded family secret, Aly had to marry Lynnae’s brother to gain access to the recipe.

Nonetheless, their business continues to thrive and delight pickle lovers with their unique and delicious creations.

What happens to Lynnae’s Gourmet Pickles at the Shark Tank Pitch?

In the first episode of Shark Tank season 5, Lynnae Schneller and Ali Cullinane pitched their business, Lynnae’s Gourmet Pickles, and asked for a $125,000 investment in exchange for a 20% stake, which valued the business at $325,000.

During the pitch, the entrepreneurs revealed that they had made $144,000 in sales over the past year, which equated to selling 36,000 jars of pickles at a wholesale price of $4.00 per jar. They also disclosed that the manufacturing cost per jar was $1.93 and that they were available in 200 locations across 26 states.

Although the Sharks were impressed by their success, Mark Cuban felt that the business was not a threat to major corporations in the industry and would not invest. Lori Greiner did not like the product and declined to invest, while Kevin O’Leary thought the price point was too high for a jar of pickles and also declined.

Robert Herjavec loved pickles but did not like the sweet version and felt that he was not the ideal spokesperson.

Barbara Corcoran advised the entrepreneurs that they did not need a partner and that they would do well on their own. The entrepreneurs left the Tank without a deal.

Despite not securing an investment from the Sharks, Lynnae’s Gourmet Pickles continued to thrive. The business expanded into multiple retail locations, including national chains like Costco and local supermarket chains. Lynnae left the business in 2015 to launch a Chic-Filet franchise, and the business was rebranded as Mrs.

Pickles Gourmet before closing in January 2018. Aly now works as the director at Marine View Christian Preschool.

Lynnae’s Gourmet Pickles Net Worth

Lynnae Schneller and Ali Cullinane enter the Shark Tank season 5 episode 1 seeking a $125,000 stake in their business, Lynnae’s Gourmet Pickles, in exchange for a 25% equity share. This indicates a $325,000 valuation.

Lynnae’s Gourmet Pickles Shark Tank Updates

Lynnae’s Gourmet Pickles appeared on the fifth season premiere of Shark Tank. Lynnae Schneller and Aly Cullinane, two young entrepreneurs, sought to sell their great-grandmother’s gourmet pickle recipe.

They requested a $125,000 investment from the Sharks for a 25% stake in their business. The Sharks were impressed with the pickles but did not invest, believing they did not require a partner.

Before appearing on Shark Tank, Lynnae’s Gourmet Pickles had already sold $144,000 worth of pickles within the last 12 months, which amounted to 36,000 jars of pickles.

The business had even set up a “Pickle Run” contest in their city that garnered national attention and news coverage. Lynnae’s Gourmet Pickles was discussing a deal with Target.

Unfortunately, Lynnae’s Gourmet Pickles shut down after appearing on Shark Tank. Its website and company Facebook page are both defunct. However, Lynnae’s Gourmet Pickles has been replaced by Mrs. Pickles Gourmet, which offers three items online.

Lynnae’s Gourmet Pickles Shark Tank Summary:

INFORMATION	DETAILS
Company Name	Lynnae’s Gourmet Pickles
Founders	Lynnae Schneller and Ali Cullinane
Shark Tank Appearance	Season 5, Episode 1
Amount Requested	$125,000
Equity offered	25%
Valuation	$325,000
Sales in the last 12 months	$144,000 (equivalent to 36,000 jars of pickles sold at wholesale)
Manufacturing cost per jar	$1.93
Retail Price per jar	$4.00
Product Description	Unique and irresistible pickles with a crisp texture and two flavors
Shark Tank Result	No deal
Current Status	Business closed; rebranded as Mrs. Pickles Gourmet

Lynnae’s Gourmet Pickles FAQS

What Is Lynnae’s Gourmet Pickles, Founder, And How Does It Work?

Lynnae’s Gourmet Pickles is a company that produces pickles made from a secret family recipe passed down from Lynnae Schneller’s great-grandmother. The company was founded by Lynnae Schneller and Aly Cullinane in Tacoma, Washington in 2011.

The pickles come in three different flavors: regular dill, sweet and sour dill, and sweet and sour dill with jalapeño.

Lynnae’s Gourmet Pickles appeared on Shark Tank in season 5, seeking a $125,000 investment in return for 25% of their company. Despite having $144,000 in sales and talks with Target, the Sharks did not invest in the company.

Following their appearance on the show, the company rebranded as Mrs. Pickles in 2015 and was available online in over 100 places across the United States. However, as of 2023, Lynnae’s Gourmet Pickles is out of business.

Lynnae Schneller, the founder of Lynnae’s Gourmet Pickles, also applied to franchise a Chick-fil-A while working on her startup. Her application was approved around the same time as her appearance on Shark Tank.

In 2015, construction began on a brand-new Chick-fil-A location set to open later that year, and by 2016, Schneller had handed Lynnae’s Gourmet Pickles off to someone else.

What Happened To Lynnae’s Gourmet Pickles After Shark Tank?

Lynnae’s Gourmet Pickles appeared on Shark Tank seeking a $125,000 investment from the Sharks for a 25% stake in their business. The Sharks were impressed with the pickles but did not invest, believing they did not require a partner.

Before appearing on Shark Tank, the company had racked up $144,000 in sales since starting the business in 2011 and was discussing a deal with Target.

Sadly, the company shut down in January 2014. Its website and company Facebook page are both defunct, supporting that claim.

In 2015, Lynnae left the company to open a Chick-fil-A franchise. Aly rebranded the company to Mrs. Pickles Gourmet. That business shut down in January 2018. As of 2023, the net worth of Lynnae’s Gourmet Pickles is unavailable.

How Much Was Lynnae’s Gourmet Pickles Asked In The Shark Tank?

Lynnae’s Gourmet Pickles appeared on Shark Tank in season 5, episode 5. The entrepreneurs, Lynnae Schneller and Aly Cullinane asked for a $125,000 investment in return for a 25% stake in their company.

The Sharks asked about the company’s sales and costs. Lynnae’s Gourmet Pickles had sold $144,000 worth of pickles at the time of their appearance on the show. However, the Sharks did not invest in the company.

Did Lynnae’s Gourmet Pickles Get The Deal From The Shark Tank?

No, Lynnae’s Gourmet Pickles did not get a deal from the Sharks on Shark Tank. Lynnae Schneller and Aly Cullinane, the creators of Lynnae’s Gourmet Pickles, appeared on the fifth season premiere of Shark Tank and requested a $125,000 investment from the Sharks for a 25% stake in their business.

However, the Sharks did not invest, believing they did not require a partner. Mark Cuban felt that Lynnae’s Gourmet Pickles was “cottage industry-sized” and would be pushed out by a larger competitor.

Barbara Corcoran was the last Shark to withdraw, stating that she did not believe they required a companion. Therefore, there was no deal.

Lynnae’s Gourmet Pickles Competitors?

There is no information available on Lynnae’s Gourmet Pickles’ current competitors. Lynnae Schneller, one of the founders, has an estimated 54 employees and an estimated annual revenue of 4.5M.

However, it is unclear whether this information is related to Lynnae’s Gourmet Pickles or another business owned by Lynnae Schneller.

Lynnae’s Gourmet Pickles is a company that was founded by Lynnae Schneller and Aly Cullinane. They discovered Lynnae’s great-grandmother’s gourmet pickle recipe and started making them for family and friends.

After receiving positive feedback, they decided to start selling them. Despite not securing an investment from the Sharks on Shark Tank, Lynnae’s Gourmet Pickles continued to thrive.

The business expanded into multiple retail locations, including national chains like Costco and local supermarket chains. However, Lynnae left the business in 2015 to launch a Chic-Filet franchise.

Is Lynnae’s Gourmet Pickles Still In Business?

No, Lynnae’s Gourmet Pickles is no longer in business. The company shut down in January 2014 and later rebranded as Mrs. Pickles Gourmet before shutting down again in January 2018. As of 2023, the company’s website and social media accounts are defunct.

Where Can I Buy Lynnae’s, Gourmet Pickles?

Lynnae’s Gourmet Pickles can be purchased on Amazon, QVC, and Instacart. QVC offers a set of three 1-pound jars of gourmet pickles in regular dill, sweet and sour dill, and sweet and sour dill with jalapeno. Instacart offers Lynnae’s Gourmet Pickles in the Hot Mama flavor.

On Amazon, customers can purchase Lynnae’s Gourmet Pickle Spears in a 1.68-pound jar. However, it is important to note that according to All Shark Tank Products, Lynnae’s Gourmet Pickles was rebranded as Mrs. Pickles but is no longer in business.

Lynnae’s Gourmet Pickles?

The business has been shut down.

What happened to Mrs. Pickles?

Mrs. Pickles was renamed from Lynnae’s Gourmet Pickles in September 2015, in honor of Lynnae’s Great Grandma Toots and likely due to Lynnae’s departure from the firm.

There is no longer a corporate website for the brand.

Where was Lynnae’s Gourmet Pickles headquarters?

Lynnae’s Gourmet Pickles is headquartered in Tacoma, Washington.

What was Lynnae’s Gourmet Pickles industry?

Lynnae’s Gourmet Pickles is a merchant wholesaler of groceries and related products.

Where was Lynnae’s Gourmet Pickles headquarters?

Lynnae’s Gourmet Pickles commenced operations in 2012.

When was Lynnae’s Gourmet Pickles aired on Shark Tank?

Lynnae’s Gourmet Pickles entered the Shark Tank on 20th, September 2013.

What episode was Lynnae’s Gourmet Pickles featured?

Lynnae’s Gourmet Pickles was featured on season 5 episode 1 of Shark Tank.

What is the net worth of Aly Cullinane?

Aly Cullinane’s net worth is unavailable.

What is the net worth of Lynnae Schneller?

Lynnae Schneller net worth is $950,000.