What Happened to Jones Scones after the Shark Tank Pitch? | Jones Scones Shark Tank Update
What is Jones Scones?
Jones Scones is a scone brand with a creamy, rich, cake-like feel.
Jones Scones, based in Denver, are all natural and available in a range of flavours like as blueberry, cranberry cream, and chocolate chip.
They are presently available in Colorado, New Mexico, and Kansas in different Whole Foods stores and small shops.
A four-pack costs $9.99.
Who is the Founder of Jones Scones?
J. Jones, a Denver native and entrepreneur, founded Jones Scone. Initially pursuing a law degree, Jones eventually opted to devote himself full-time to the business due to its growing popularity.
He has previously indicated that the brand means a lot to him, and he hopes to instill his basic principles of love and kindness into the company and its goods.
Jones Scones began as a passion for the founder when he was living in England and Scotland.
While overseas, he loved eating scones, but found their texture to be a little more biscuit-like than he preferred.
As a result, he decided to make an alternative: a creamy, cake-like delight.
After returning home to Denver, he presented his work with friends and family, and the positive feedback prompted him to launch his firm.
Jones has been dedicated to the brand’s success since its start; however, after overcoming colon cancer, he is even more dedicated and eager to share his labour of love with the world.
What Happened to Jones Scones at the Shark Tank Pitch?
Jones appeared on Shark Tank Season 4 Episode 26 in search of a $100,000 investment in exchange for a 25% stake in his company. This equates to a $400,000 valuation.
Jones visited England and found English scones. When he returned to America, he enrolled in law school, but his scones were so famous that he dropped out to pursue a career in baking.
The scones are selling at a monthly fee of $5,000 and are distributed through six Whole Foods shops.
A miscalculation with a co-packer slashed revenues significantly, lowering them down from $113,000 per month. With a clean slate, Whole Foods is eager to reintroduce the line, but Jones requires funding to restore the brand.
Daymond John describes Jones as “a pleasant person,” although he dislikes the scones. He’s gone.
Robert Herjavec is underwhelmed with the three-year drop. He’s curious about Jones’ plan to turn things around. Jones says that he has an excellent crew.
The answer is incorrect. “That’s bull crap,” Mark Cuban says, and Herjavec agrees, stating, “I despise when people tell me, ‘the way to my salvation is a consultant.'”
Lori Greiner feels that 10 years in company with no progress indicates that “something is amiss.” She’s gone.
Robert Herjavec believes he does not have “time to be a part of your team.” He’s gone.
“There’s nothing unique about creating scones,” Kevin O’Leary argues, adding, “This is all about money.” I don’t see how I’ll be able to make any.” He’s gone.
Unfortunately, all of the Sharks have left save Mark, and J. Jones is unable to locate an investment in Jones Scones.
Jones then leaves the Shark Tank, leaving Mark and the other Sharks in stitches because Mark never formally quit the agreement.
What Happened to Jones Scones after the Shark Tank Pitch?
He transferred to another co-packer, this time selecting a partner who was closer to him so that he could directly respond to any difficulties that developed.
Jones Scones is steadily gaining traction, and Jones aims to continue “spreading the love” with his delicious baked English delicacies.
Jones closed the company in the second half of 2018 after 20 years in business and returned to practicing law.
What is Net Worth of Jones Scones?
J. Jones appeared on Shark Tank in search of a $100,000 investment in exchange for a 25% stake in his company. This equates to a $400,000 valuation.
Who are the Competitors of Jones Scones?
There are competitors identified for Jones Scones.
Jones Scones FAQS
What is Jones Scones?
Jones Scones is a scone company with a rich, cake-like texture. Jones Scones are available in flavours like blueberry, cranberry cream, and chocolate chip.
Who is the founder behind Jones Scones?
Jones is the man behind Jones Scones.
How much was he seeking in the Shark Tank?
Jones was seeking $100,000 in exchange for a 25% stake in the company. This equates to a $400,000 valuation.
Did he get the deal from the Sharks?
No. The Sharks all declined to offer him a deal.
Is Jones Scones still in business?
J returned to his law practice. He originally planned to do “scones by day, law by night,” but we don’t know what he’s up to today. Jones Scones is no longer in operation.
How much was Jones Scones sold for?
A four-pack of scones costs $9.99 online and at retailers like Whole Foods.
When was Is Jones Scones aired on Shark Tank?
- Jones appeared on Shark Tank Season 4 Episode 26 on May 17th, 2013.
When did Jones Scones go out of business?
Jones Scones closed in 2018.
Where is J. Jones now?
J returned to his law practice. He originally planned to do “scones by day, law by night,” but they don’t know what he’s up to today.
Where was Jones Scones located?
Jones Scones was located in Denver, Colorado.
What was ingredients of Jones Scones?
The ingredients of Jones Scones included wheat flour, butter, eggs, cream cheese, and a starch.
Where can they learn more about Jones Scones today?
They can visit Shark Tank season 4 episode 26.
Were Jones Scones ingredients natural?
Yes. The ingredients were entirely natural and safe.
What was Jones Scones’s revenue?
Jones Scones had a monthly revenue of $113,000 when they appeared on Shark Tank. This number has dropped by almost 50% after making a mistake with their co-packer.
What were the flavours Jones Scones?
The flavours of Jones Scones included blueberry, cranberry cream, and chocolate chip.
What is the net worth of J. Jones?
- Jones’s net worth is unavailable.
Where was J. Jones sold?
Jones Scones were sold online and in Whole Foods.
Are Jones Scones still available today?
No. Jones Scones are no longer available. J returned to his legal career, and the company has been closed.