Parker’s Real Maple Net Worth
Parker’s Real Maple Syrup was estimated to be worth $10 million in 2020. The company was acquired by The Forest Farmers in the same year for an undisclosed amount.
Its founder is Josh Parker, an American entrepreneur known for his innovative development of maple products.
What is Parker’s Real Maple and Who is the Founder of Parker’s Real Maple?
Parker’s Real Maple is a company that produces pure maple syrup, along with Maple Butter and Organic Maple Cotton Candy. The company uses wood pellet evaporators to produce the syrup, resulting in a pure and natural product.
While the entire syrup industry produces around 3 million gallons of pure maple syrup each year, it represents only a small fraction of the total sales of pancake syrup, as most store-bought syrups contain artificial flavors and corn syrup.
Joshua Parker, a young entrepreneur from Canton, New York, is the founder of Parker’s Maple Syrup. He developed his passion for creating maple syrup after attending a field trip to a maple farm when he was only 11 years old.
After years of experimentation, he established Parker’s Genuine Maple in 2013 to offer his unique and healthier real maple syrup to people all over the world.
Growing up in Upstate New York, Joshua’s family used genuine maple syrup to sweeten everything. He discovered that genuine maple syrup is not only delicious but also contains minerals, antioxidants, and polyphenols that make it a healthy sweetener option.
Joshua juggled his business expansion along with school and athletics. He is now 18 and looking to expand his business as he believes that the pure maple syrup industry has significant potential for growth.
Parker’s Maple Syrup Shark Tank Pitch
During his appearance on Shark Tank Season 8 Episode 5, Joshua sought $200,000 for a 20% stake in his company, which is valued at $1 million.
He presented his story and offered samples, hoping to partner with one of the Sharks to take his business to the next level. The Sharks were impressed with the product, with Kevin even sharing his own experience with making maple syrup in college.
At the time of his pitch, Joshua had generated $360,000 in sales since introducing Parker’s Maple three years prior. He expected total sales of $1.5 million by the end of 2016.
When asked what made his syrup unique, Joshua highlighted his brand’s focus on secondary products like maple cotton candy and revealed a recent $100,000 order from Costco.
However, things took a turn when the Sharks inquired about the product’s price and profit margin. Josh disclosed that it cost $8.46 to manufacture a product that sold for $11.99, prompting Robert and Kevin to criticize the narrow profit margins. Additionally, Mark Cuban was concerned about the company’s $300,000 in outstanding debt.
Despite the initial enthusiasm, all of the Sharks ultimately passed on investing in Parker’s Real Maple due to concerns about the company’s financial situation and overly optimistic sales projections.
Despite this setback, the company saw a surge in sales after the Shark Tank appearance, selling 7,000 units the week following the episode and landing deals with major retailers like Wal-Mart, Whole Foods, and Wegmans. Joshua also expanded his family, getting married and becoming a father.
In June 2020, Joshua announced that Parker’s Real Maple had been purchased by The Forest Farmers, a company that produces a range of tree syrups under the New Leaf Tree Syrups brand. Joshua remained employed by the organization as of January 2022.
What is the Net Worth of Parker’s Real Maple?
In a blog post, Joshua referred to the years after Shark Tank as “four years of rapid development.” Parker’s Real Maple Syrup was expected to be worth $10 million by 2020.
The Company was bought for an unknown sum in 2020.
Who are the Competitors of Parker’s Real Maple?
Parker’s Real Maple competes with top honey, syrup, and sweetener companies such as Pass The Honey, Zach & Zoe Sweet Bee Farm, and Savannah Bee Company.
Parker’s Real Maple Updates
Parker’s Real Maple is a company that produces 100% maple syrup, maple butter, and maple cotton candy. The company was founded by Joshua Parker, who got into the business at age 11 after visiting a local sugar house and learning how to tap maple trees for their syrup.
Parker’s Real Maple appeared on Shark Tank in 2016, where Joshua asked for $200,000 for 20% equity but did not receive a deal. However, the appearance on Shark Tank resulted in an immediate spike in sales, which helped push the company forward to a $10 million valuation by 2020.
In June 2020, Parker’s Real Maple was acquired by The Forest Farmers, a company based in Upstate New York that was founded in 2016 by Joshua’s mentor, Michael Farrell.
The acquisition would allow Parker’s Real Maple to innovate more, improve order fulfillment and customer service, and make limited-quantity items more consistently available.
Joshua explained that The Forest Farmers’ operational prowess, with two decades of experience in the maple industry, would complement his own strengths in marketing and distribution.
As of 2023, there are no recent updates on Parker’s Real Maple. However, the company continues to be a major player in the syrup business, with its products sold at over 500 retail locations.
Summary Table: Parker’s Real Maple Net Worth 2023
| TOPIC | INFORMATION |
| Company Name | Parker’s Real Maple |
| Founder | Joshua Parker |
| Products | Pure maple syrup, Maple Butter, Organic Maple Cotton Candy |
| Production Method | Wood pellet evaporators |
| Competitors | Pass The Honey, Zach & Zoe Sweet Bee Farm, Savannah Bee Company |
| Shark Tank Pitch | Asked for $200,000 for a 20% stake in the company, which was valued at $1 million. |
| Sales at Time of Pitch | $360,000 |
| Expected Sales for 2016 | $1.5 million |
| Sales after Shark Tank | Sold 7,000 units the week following the episode and landed deals with major retailers. |
| Net Worth in 2020 | Estimated to be worth $10 million |
| Acquisition | The Forest Farmers acquired Parker’s Real Maple in 2020. |
| Founder’s Role After Sale | Joshua Parker remained employed by The Forest Farmers as of January 2022. |
| Current Status | The company continues to be a major player in the syrup business, with products sold at 500+ retail locations. |
Parker’s Real Maple FAQS
What Is Parker’s Real Maple?
Parker’s Real Maple is a brand that produces maple-based products, including maple syrup, maple butter, and organic maple cotton candy. The company was founded in 2009 by Joshua Parker, who learned how to make maple syrup during a school field trip when he was 11 years old.
Parker began crafting maple syrup the way he believed it should be made when he was 15 years old, and after years of experimenting and learning through constant research and testing, he started Parker’s Real Maple.
Parker’s Real Maple has a unique and innovative approach to making maple-based products. The company aims to share real, pure, and delicious maple with more people in more ways.
In early 2016, Parker’s Real Maple launched its popular products, Maple Butter and Organic Maple Cotton Candy, which proved the company’s innovation.
The company gained national attention after appearing on ABC’s show for entrepreneurs, “Shark Tank,” and landing deals with Costco and Whole Foods Market in 2017.
In 2021, Parker’s Real Maple was acquired by The Forest Farmers, a company based near them in Upstate NY. The acquisition will allow for greater availability of limited-quantity items, such as maple butter, and will help Parker’s Real Maple expand its reach.
How Doesparker’s Real Maple Works?
Parker’s Real Maple is a brand that produces maple-based products that are better-for-you and rich in minerals and nutrients. The company was founded by Joshua Parker when he was 15 years old after a school field trip to a maple farm in 2011.
The brand has become the fastest-growing maple brand in America. The company’s products include 100% pure natural maple syrup, maple butter, and maple cotton candy.
Parker’s Real Maple syrup is made by tapping maple trees to collect sweet maple sap. The sap is collected in large tanks through a system of plastic tubing that connects to spouts in the trees.
The sap is then heated and stirred until it reaches the desired consistency. Parker’s Real Maple butter is made by heating and stirring 100% real maple syrup until it reaches just the right consistency. The maple cotton candy is made by spinning pure maple syrup in a cotton candy machine.
Parker’s Real Maple has been acquired by The Forest Farmers, a company based near them in Upstate NY. The acquisition will allow for greater availability of limited-quantity items such as maple butter.
What Is The Current Valuation Of Parker’s Real Maple?
Parker’s Real Maple is a family-run business that produces pure maple syrup and maple-flavored products. The valuation of the business can depend on various factors such as its reputation, customer base, revenue, and overall industry conditions.
In 2019, Parker’s Real Maple appeared on Shark Tank and received an immediate spike in sales, which helped push the company forward to a $10 million valuation by 2020. In June 2020, The Forest Farmers, a company based in Upstate New York, acquired Parker’s Real Maple for an undisclosed amount.
However, according to The Donut Whole, Parker’s Real Maple sold for $820 million in April 2021 to a Montreal-based investment firm, Fiera Capital.
It is unclear why there is a discrepancy between the reported valuations, but it is possible that the $820 million figure includes additional assets or factors beyond the value of the maple syrup business alone.
In summary, the reported valuations of Parker’s Real Maple vary widely, with estimates ranging from $10 million to $820 million. The most recent reported valuation is $820 million, but it is unclear why this figure is so much higher than previous estimates.
What Happened Parker’s Real Maple?
Parker’s Real Maple is a maple syrup company that appeared on Shark Tank in Season 8, Episode 6 on October 21, 2016. The founder, Joshua Parker, was seeking $200,000 for 20% equity but did not secure a deal with any of the investors.
Despite not receiving an investment, the appearance on Shark Tank provided the company with a lot of exposure.
In June 2020, The Forest Farmers acquired Parker’s Real Maple. The Forest Farmers is a company based in Upstate NY that was founded in 2016 by Michael Farrell, who mentored Joshua Parker when he was a teenager.
Parker’s Real Maple continues to be a major player in the syrup business, which is estimated to be worth over $1 billion by 2025.
In May 2019, Parker’s Real Maple was sold to The Old Judge Group, a holding company specializing in food and beverage investments, for an undisclosed amount. However, media sources reported that Parker’s Real Maple likely sold for tens of millions of dollars.
Overall, Parker’s Real Maple has been successful and continues to innovate with real maple to share the nutrient-rich, better-for-you sweetener with more people
What is Parker’s Real Maple?
Parker’s Real Maple is a business whose flagship product is real maple syrup produced in small batches from organic maple trees of the United States.
Who is the founder of Parker’s Real Maple?
Joshua Parker is the founder of Parker’s Real Maple. He was an 11-year-old boy in 2009 when he decided to make real maple syrup. He has since been expanding his syrup business.
How much was he seeking in the Shark Tank?
Joshua was seeking $200,000 for a 20% stake in his company. This equates to a $1 million valuation.
Did he get the deal from the Sharks?
Joshua did not get a deal from the Sharks.
Is Parker’s Real Maple still in business?
Yes, Parker’s Real Maple is still in business but firm had been bought for an unknown sum by The Forest Farmers
How much was Parker’s Real Maple acquired for?
Joshua Parker has not disclosed the amount that his company Parker’s Real Maple was acquired for.
What is website of Parker’s Real Maple?
The website of Parker’s Real Maple is www.parkersmaple.com
Where is Parker’s Real Maple located?
Parker’s Real Maple is based in Canton, New York, United States.
What dietary restrictions apply to Parker’s Real Maple products?
Gluten-free, dairy-free, nut-free, and vegan items are available.
Are Parker’s Real Maple products kosher?
Yes! OK Kosher certification is available for all of their goods.
Which Parker’s Real Maple products are certified organic?
Parker’s Real Maple products are all organic!
What is the shelf life for Parker’s Real Maple products?
Real maple butter-2 years.
Organic Maple Cotton Candy – 2 years.
Real Maple Syrup- 3 years.
What is their average ship time?
They will pack their order as soon as feasible, which might take up to 1-3 days. From there, depending on their location, the USPS ship time is usually 3-5 days.
Do they ship to foreign countries?
They do ship to other nations, although shipping fees vary according upon location. For additional information, please contact help@parkersmaple.com.
Why is their Maple Butter separated?
Because maple butter is a natural product, some separation is possible. When this occurs, simply swirl the Maple Butter and continue to enjoy as usual.
Should they refrigerate their Maple Syrup and Maple Butter?
Yes, after opening, Maple Syrup and Maple Butter should be refrigerated.
Remove Maple Butter from the refrigerator before to use for better spreading.
What is the net worth of Joshua Parker?
Joshua Parker’s net worth is unavailable.
