Oatmeals Shark Tank Update | What happen to Oatmeals after the Shark Tank?
What is Oatmeals?
OatMeals, a New York City café that opened its doors on June 27th, 2012, serves oats in a way that New Yorkers have never experienced before.
OatMeals is a dehusked, steamed, and flattened oat product, or a coarse flour formed from hulled oat grains (groats) that have either been milled (ground) or steel-cut.
White oats are another name for ground oats. “Coarse oatmeal,” “Irish oatmeal,” and “pinhead oats” are all terms for steel-cut oats.
Rolled oats were traditionally thick “old-fashioned oats,” but they may now be made thinner or smaller, and they can be classified as “fast” or “instant,” depending on the cooking time, which is reduced by the oats’ size and precooking.
2. Who founded OatMeals?
The founder of OatMeals is Sam Stephens.
3. What happen at the Shark Tank?
Lori believes that packaging and distributing OatMeals products would be an excellent way to boost income.
She offers $500,000 in exchange for a 33.3 percent stake in the firm, subject to finding distributors to distribute the product.
She envisions selecting outstanding tastes and sharing them with corporations such as Starbucks.
Barbara Corcoran believes that Sam may expand OatMeals by targeting corporate America and having her meals on food carts in businesses before she makes a decision.
Barbara offers $500,000 for a 50% stock in only the cart company, with the caveat that the funds she invests can only be used to expand the firm into food carts.
Finally, Sam believes Lori’s offer and vision are the most in line with what she wants to see for the future of Oatmeal’s, so she accept Lori’s offer.
4. What happen to Oatmeals after the Shark Tank?
Sam went into the Shark Tank searching for a $500,000 investment in return for a 20% stake.
Lori Greiner made her a $500k offer in exchange for 33.3 percent of the company.
Greiner has had remarkable success with NYC bagel bites startup Bantam Bagels, which she helped get into Starbucks stores and surpass $40 million in sales.
5. Competitors of Oatmeals
OatMeals competitors are companies that make oatmeal out of oatmeal. Such as Quaker or any other companies that have other kinds of oats other than steel-cut.
a) Quaker: Steel Cut oats are more expensive, but Quaker has a more extensive product range. Given the health benefits, I would go for steel-cut though.
A more comprehensive review on Oatmeals can be found on this link.
b) Weetabix: Steel cut oats are more expensive, but steel-cut is healthier than Quaker. Quaker is also more expensive than Weetabix. OatMeals products can be sold at local grocery stores such as Whole Foods and Trader Joe’s.
c) Mountain House: It is a brand apart from the other competitors because it does not make oatmeal out of steel-cut oats. It is a brand that specializes in freeze dried food and an emergency food source.
d) Nestle: Nestle is a competitor that makes and sells oatmeal. Oats are usually made into Quaker, but Nestle decided to make oatmeal made out of steel-cut oats.
This can be a possible source of profit for the company.
Oatmeals Shark Tank update FAQs
Who is Samantha Stephens?
Samantha Stephens is the founder and head chef of Oatmeals NY.
What is her background?
Originally from Virginia, she moved to the Big Apple to pursue her college education.
What Is Oatmeal Restaurant in New York?
If you could imagine eating this typical breakfast food for lunch as well as dinner, then you will love Oatmeals, a trendy restaurant in New York.
Who should choose the their menu?
With over 30 sweet, savory and, pastry dishes on their menu, it is ideal for the health-conscious looking for a unique culinary experience.
What is next for Oatmeals?
She still sells Oatmeals products online and works as a brand ambassador with Quaker Oats, focused primarily on writing blogs and recipe books using their products.
What was their first business idea?
By taking inspiration from New York’s trendy restaurant scene and with her approach to healthy living, an idea for a restaurant focused primarily on oats-based meals started to take shape in her head.
What is OatMeals?
The food retail company OatMeals started as a build-your-own oatmeal bar in Manhattan.
What is Foodable?
Foodable is the premier Network for the Restaurant and Hospitality industry.
Where Are OatMeals NY Now?
OatMeals NY has maintained its one and only location in New York’s Greenwich Village where, it continues to serve oatmeal lovers through delivery and takeout.
What is the best oatmeal?
Steel-cut oats prepared to perfection.
What’s the best oatmeal-in-a-ball?
GoOats Strawberry Oatmeal-in-a-Ball is bursting with fresh strawberry flavour and wholesome steel-cut oats.
What are the benefits of GoOats?
It will get you started in the morning, or keep you going any time of day.
What are your thoughts on GoOats?
Protein packed GoOats are tender on the inside and irresistibly crispy on the outside, full of natural flavors like cranberries and walnuts.
What is the difference between a healthy lifestyle and an unhealthy one?
Our company was founded on the belief that better food yields better outcomes.
What is the deal?
Sam Stephens secured a deal with Lori at $500,000 for 33.3%
What is Go Oats?
Essentially, Go Oats is oatmeal in a ball that can be quickly warmed up for a delicious breakfast on the go.
What Was Oats Used For?
The Romans and Greeks did this while Victorian England used oats to feed castoff orphans and horses in stables.
What is OatMeals?
OatMeals, a café based in New York City, is offering this staple food in a very ‘non-traditional way.
What is OatMeals?
A café based in New York City that opened its doors on June 27th, 2012, OatMeals offers oats to New Yorkers in a way they have never had it before.
What are the benefits of eating at The Oats?
On top of that, you can customize your own bowl by adding the oats you want and only them.
What was the goal of OatMeals?
The brainchild of Sam Stephens, a former investment banker, OatMeals is hoping to spread its wings and fly.
Who Should Visit OatMeals Cafe?
The OatMeals cafe is for everyone in NYC who has a liking for oats.
What happened to OatMeals after shark tank?
She accepted the offer and is planning to use it to open up another NYC based cafe, one that will offer both oatmeal and Quaker products for sale.
She is also planning to use this money to start a food truck and expand her empire to other cities in the US.
Did oatmeal from shark tank get into Starbucks?
Yes indeed, they are starting to carry oatmeal for breakfast in their stores.
Who Owns OatMeals NY?
Sam Stephens owns OatMeals NYC and so does Quaker Oats.
What is OatMeals NY?
Oatmeals NYC is owned by Sam Stephens. She bought Quaker Oats, which has oatmeal as one of the side products they sell.
What is Quaker Oats?
Quaker Oats is a food manufacturing company that also owns the oatmeal brand GoOats.
They are based in York, Pennsylvania and have over 135 years of history making cereal and snacks.
Is OatMeals Still in Business?
Yes, they are still producing oatmeal and selling it online.
What is Oatmeals?
Oatmeals NYC is a cafe that offers healthy oatmeal options for sale, both packaged and prepared to order.
What is oatmeal worth?
Oatmeal is potentially worth a lot of money, perhaps in the billions.
i) Are There Any Alternatives?
There are also other healthy foods that you can replace oats with; things like fruits, nuts, and seeds.
Why people don’t like to eat oats?
It wasn’t until the late 19th century when people were able to discover that oats made great nutrition for them.
Did OatMeals make it to Starbucks?
Oatmeal in a Ball? What they did was change it up quite a bit, and make it more palatable to the masses.