ABS Pancakes is an all-natural protein-packed pancake mix. This was founded by Josh McClelland and Ashley Drummonds in 2014. As of November 2023, ABS Pancakes’s net worth is $1 million. They’re pulling in a whopping $1.6 million in annual revenue.
In January 2016 they appeared on Season 07 of Shark Tank USA and made a deal with Daymond John for $120,000 for 42% of equity. The final valuation was $285,714, down from the founder’s initial estimate of $300,000.
Josh and Ashley could deliver a successful pitch for ABS Pancakes and secure a deal. The deal with Daymond did not close, but the company had a notable growth in sales after the show. ABS Pancakes is a delicious and healthy breakfast option, famous among many. As of November 2023, ABS Pancakes is successfully running operations. You can buy their products via the company website and Amazon.
ABS Pancakes Net Worth
| Net worth | $1 million (2023) |
| Annual Sales Revenue | $1 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | Daymond John |
| Founders | Josh McClelland and Ashley Drummonds |
| Employees | – |
ABS Pancakes Net Worth Timeline
| Net Worth 2023 | $1 million |
| Net Worth 2022 | $1 million |
| Net worth valuation in 2016 after appearing on Shark Tank | $285,714 |
| Net worth valuation in 2016 before appearing on Shark Tank | $300,000 |
ABS Pancakes Pitch on Shark Tank
| Company name | ABS Pancakes |
| Product | An all-natural protein-packed pancake mix |
| Episode | Season 07 Episode 12 |
| Founders | Josh McClelland and Ashley Drummonds |
| Asked for | $120,000 for 40% equity |
| Final deal | $120,000 for 42% equity |
| Shark | Daymond John |
| Location | Tampa, Florida |
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ABS Pancakes Founders
Josh McClelland and Ashley Drummonds founded ABS Pancakes in 2014. Ashley, a fitness and nutrition coach, initially came up with the idea of ABS Pancakes. Ashley graduated from Liberty University, majoring in business management. She also holds a professional certificate from the National Academy of Sports and Medicine. Her knowledge and passion drove Ashley to develop new recipes for a healthy Pancake mix. With Josh’s help, Ashley could start their own business. ABS Pancakes’s founders, Josh McClelland and Ashley Drummonds’ net worth is around 1 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2016 | ABS Pancakes got featured on Shark Tank and won a deal |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for ABS Pancakes and its continued success.
