The Bang Shack Shark Tank Net Worth 2023
Jason, owner of The Bang Shack, appeared on Shark Tank season 10 episode 21 in search of $80,000 for a 20% stake, valuing his company at $400,000.
With a net worth of 1.6 million USD as of 2022 and an annual revenue of $1 million by 2023 due to the immense success and growth it has seen since its launch in 2020, Jason is confident that this investment will bring about even more success for his business if the Sharks see it fit to invest.
What is The Bang Shack?
Jason and Claudia, an entrepreneurial couple, created The Bang Shack, a globally recognized brand. Initially, the company gained popularity for its original Chicken Bang Dip, which became a hit at gatherings. Jason decided to sell the dip at farmers markets, which marked the beginning of the company’s growth.
The range of dips has since expanded to include three varieties. The World Class Chicken Bang Dip is the most well-known, and there are also a Vegetarian Dip made from zucchini and a Vegan Dip made from scratch using cashews.
Jason, who founded and owns The Bang Shack with his wife Claudia, grew up in St. Petersburg, Florida, and discovered his passion for cooking as a child. He learned to cook while supporting his single mother and four siblings. Eventually, he combined his sales and culinary skills to start his successful business.
Despite challenges, such as becoming a father at a young age, Jason persevered and excelled in his sales career. At a networking event, he was introduced to the opportunity to share his Chicken Bang Dip, which proved to be popular.
Jason then returned to his love of cooking and began selling his dips at local farmers markets. Today, The Bang Shack’s three dip flavors are available at The Yellow Green Farmers Market in Hollywood, Florida.
What happened to The Bang Shack at the Shark Tank Pitch?
In season 10 episode 21 of Shark Tank, Jason presented his company, The Bang Shack, and asked for $80,000 in exchange for a 20% ownership stake, valuing his business at $400,000. The Sharks were impressed by Jason’s passionate personality and the delicious taste of his dip, which even moved some of them to tears when they heard his backstory.
However, the Sharks had concerns about Jason’s limited infrastructure and production skills, as well as his sales being only $53,000 in 2017 from one market where he appeared only twice a week. Jason hoped to make $88,000 in sales by the end of 2018, but he was held back by his inability to produce the product in larger quantities due to his use of crockpots.
Jason wanted to use the investment to move into a commercial kitchen and expand his production capabilities. However, he failed to provide samples of his product in final packaging, causing some Sharks to question his readiness for retail. Mark withdrew from the deal due to this, while Daymond expressed concern about how to market the product without Jason’s personality.
In the end, Lori and Kevin decided not to invest, while Robert was interested but needed to see samples and sales data from a test market. The Bang Shack left the Shark Tank without a deal.
As of August 2019 and November 2021, Jason’s dips were only available for pre-order on his website, and he continued to operate at farmers’ markets with no significant changes to his business.
However, as of January 2023, The Bang Shack has experienced significant growth, with annual revenue reaching around $1 million.
The Bang Shack Net Worth
Jason appears on Shark Tank season 10 episode 21 in search of $80,000 for a 20% stake in his company. This equates to a $400,000 valuation.
The Bang Shack Competitors
There is no competitor identified for The Bang Shack.
The Bang Shack Shark Tank Updates
The Bang Shack is a food dip company that appeared on Shark Tank in season 101. The founder, Jason Hadley, pitched his company to the sharks with the hopes of securing an $80,000 investment for 20% equity.
The Bang Shack only sold its product in farmer’s markets in the state of Florida, generating $53,000 in sales during the 2017 calendar year. Unfortunately, none of the sharks made an offer, as they felt it was too early to invest in the company.
Despite not securing a deal on Shark Tank, The Bang Shack is still in business. The company has transformed into a successful restaurant at The Yellow Green Farmers Market, which is open on Saturdays and Sundays only.
The restaurant offers three different variations of the dip, including a vegetarian dip that is zucchini-based, a vegan dip made from scratch out of cashews, and the original chicken bang dip. Sales for the company have increased from $53,000 in 2017 (pre-Shark Tank).
The Bang Shack is not sold in stores, but customers can subscribe to the company’s email list to receive updates on upcoming events and game nights at the restaurant.
Overall, while The Bang Shack did not secure a deal on Shark Tank, the company has continued to grow and expand its offerings.
The Bang Shack Shark Tank Table Summary:
| TOPIC | INFORMATION |
| Company Name | The Bang Shack |
| Owners | Jason and Claudia |
| Product | Three dips: World Class Chicken Bang Dip, Vegetarian Dip, Vegan Dip |
| Shark Tank Appearance | Season 10, episode 21 |
| Amount Requested | $80,000 for 20% equity |
| Valuation | $400,000 |
| Shark Tank Result | No deal |
| Revenue (2023) | $1 million |
| Net Worth (2022) | $1.6 million |
| Availability | Farmer’s markets and website (pre-order only) |
| Competitors | None identified |
| Growth | Successful restaurant at The Yellow Green Farmers Market |
| Location | Hollywood, Florida |
| Shark Tank pitch | Season 10, episode 21: Jason asked for $80,000 for a 20% stake, valuing his business at $400,000. None of the sharks made an offer. |
| The Bang Shack | A dip company founded by Jason Hadley and his wife Claudia in 2020. It gained popularity for its Chicken Bang Dip and has since expanded to include a vegetarian dip and a vegan dip. |
| Owner’s background | Jason grew up in St. Petersburg, Florida, learned to cook while supporting his family, and combined his sales and culinary skills to start The Bang Shack. |
| Current status | The Bang Shack’s dips are available at The Yellow Green Farmers Market in Hollywood, Florida. As of January 2023, the company’s annual revenue is around $1 million. |
| Shark Tank updates | Despite not securing a deal, The Bang Shack is still in business and has transformed into a successful restaurant at The Yellow Green Farmers Market, open on weekends only. |
The Bang Shack FAQS?
What Is The Bang Shack And How Does It Work?
The Bang Shack is a dip created by entrepreneur Jason Hadley and his wife Claudia. The original Chicken Bang Dip was popular at parties and propelled Jason to sell his product at farmers’ markets.
The Bang Shack now has three different variations, including a Vegetarian Dip that is zucchini-based, a Vegan Dip made from scratch out of cashews, and the famous World Class Chicken Bang Dip. Jason operates a stand at a farmer’s market in Hollywood, Florida, where he sells his dips.
Jason Hadley pitched The Bang Shack on Shark Tank in episode 102. He sought $80,000 for 20% of his business and had an infectious enthusiasm that the Sharks admired.
Although he did not secure an investment, The Bang Shack is still in business today. With the help of his wife Claudia, Jason started The Bang Shack in 2017 and began selling his dips to customers at local farmers’ markets.
The dips produced many sales and blossomed into two other varieties apart from the original chicken variety.
Who is the founder of The Bang Shack?
Jason Hadley, together with his wife Claudia, is the owner and creator of The Bang Shack.
What Are The Ingredients In The Bang Shack Dips?
The ingredients in The Bang Shack dips vary depending on the type of dip. The chicken dip, which is the original and most popular dip, contains hormone-free all-white chicken breasts, hot sauce, ranch dressing, mild cheddar cheese, sour cream, cream cheese, black olives, onion powder, garlic powder, black pepper, and vinegar.
The vegetarian dip is made with zucchini instead of chicken, and the vegan dip is made with a base of cashew nuts. The exact ingredients for these dips are not disclosed, as they are considered top-secret by the creator, Jason Hadley.
What Other Products Does The Bang Shack Offer Besides Dips?
The Bang Shack offers a variety of dips, including chicken, vegetarian, and vegan dips. These dips are available for purchase on The Bang Shack’s website and at local farmers’ markets. In addition to dips, The Bang Shack also offers limited merchandise like T-shirts.
The Bang Shack has a brick-and-mortar location that serves breakfast and lunch options like the breakfast bang burrito and shrimp bang pasta. The website also advertises happy hour specials.
The Bang Shack’s dips can be used as toppings for various dishes, such as blackened shrimp, veggie pasta, and roasted potato chunks. Customers can choose from a variety of tortillas and toppings to customize their meals.
Although The Bang Shack appeared on Shark Tank seeking investment to get its dips into stores, it does not appear that the dips are currently sold in stores.
However, customers can order the dips for pickup. The Bang Shack’s unique selling point is its vegan and vegetarian dips, which are suitable for people who don’t want something entirely different.
What Was The Outcome Of The Bang Shack’s Pitch On Shark Tank?
The Bang Shack appeared on Shark Tank in season 10, episode 21, seeking an $80,000 investment for 20% equity in the company.
The sharks were impressed with the product and the $53,000 in sales generated in one farmer’s market in Florida.
However, they ultimately decided not to invest, citing concerns about the company’s lack of infrastructure and production capabilities. Robert Herjavec was the final shark to drop out, and The Bang Shack left the tank without a deal.
Despite not securing investment in Shark Tank, The Bang Shack is still in business today. The company has transformed into a successful restaurant at The Yellow Green Farmers Market in Hollywood, Florida, open on Saturdays and Sundays only.
The restaurant serves a variety of dips, including the original Chicken Bang Dip, a Vegetarian Dip made from zucchini, and a Vegan Dip made from scratch out of cashews2. It does not appear that The Bang Shack is sold in stores.
What Happened To The Bang Shack After Its Appearance On The Shark Tank?
The Bang Shack is a dip company that appeared on Shark Tank in 2019. The founder, Jason Hadley, pitched his famous chicken bang dip to the sharks, hoping for an investment of $80,000 for 20% equity.
However, none of the sharks made an offer, and Hadley left Shark Tank without a deal. Despite not securing an investment, The Bang Shack is still in business today.
After Shark Tank, The Bang Shack received a temporary boost in popularity, marketing, and sales. However, the company has not grown in the way Hadley had imagined it might.
The product is still available at The Yellow Green Farmers’ Market in Hollywood, Florida, which runs all day on weekends.
The Bang Shack has also opened a restaurant at The Yellow Green Farmers Market, which is open between 9 am – 4 pm on Saturdays and Sundays. According to a recent website update, online ordering will be available soon.
The Bang Shack’s estimated net worth in 2021 is $200,000. The company is continuing to sell its product in multiple locations.
While The Bang Shack did not secure an investment in Shark Tank, the appearance on the show brought plenty of attention to the product, boosting sales regardless.
How much was he seeking in the Shark Tank?
He was looking for $80,000 for a 20% stake in his company. This equates to a $400,000 valuation.
Did he get the deal from the Shark Tank Pitch?
No, The Bang Shack departed the tank without a contract.
Is The Bang Shack still in business?
The Bang Shack has now evolved into a thriving restaurant at The Yellow Green Farmers Market, operating exclusively on Saturday and Sunday from 9 a.m. to 4 p.m.
What episode was The Bang Shack featured on Shark Tank?
The Bang Shack was on Season 10 Episode 21.
Where is The Bang Shack located?
The Bang Shack is located at the Yellow Green Farmers Market in Hollywood Florida.
How can they contact The Bang Shack?
They can contact them on their official website www.thebangshack.com, Facebook page or Twitter account.
When was The Bang Shack aired on Shark Tank?
The Bang Shack was aired in on April 28th 2019.
When was The Bang Shack started?
The Bang Shack was started in early 2017.
What kind of payments do The Bang Shack accept?
The Bang Shack accepts credit cards.
What is the net worth of Jason Hadley?
Jason Hadley’s net worth is unavailable.
