Atlantic Candy Company is a company that manufactures sweet candies with a surprise in it. Jared Whetstone’s grandparents started this company in 1967, formerly known as Whetstone Candy Company. As of November 2023, Atlantic Candy Company’s net worth is $18 million. They’re pulling around $1-10 million in annual revenue.
In 2016 they appeared on Season 07 of Shark Tank USA seeking $1,000,000 for 10% of equity valuing the company at $10 million. But the Sharks were not interested in investing in Atlantic Candy Company.
Jared presented his pitch for their family business, Atlantic Candy Company; however, he did not secure a deal. Nevertheless, the company had progressed in business after the show. The company went through a lawsuit case, but it was resolved in 2017. In 2021, Atlantic Candy Company was rebranded as Toy Box Chocolates. You can purchase their products through the company website. These sweets are one of the most demanding brands available at major supermarket chains, including Walmart, Target, and Office Depot.
Atlantic Candy Company Net Worth
|Net worth||$18 million (2023)|
|Annual Sales Revenue||Around $1-10 million (2023)|
Atlantic Candy Company Net Worth Timeline
|Net Worth 2023||$18 million|
|Net Worth 2022||$18 million|
|Net Worth 2021||$10 million|
|Net Worth 2020||$10 million|
|Net worth valuation in 2016 before appearing on Shark Tank||$10 million|
Atlantic Candy Company Pitch on Shark Tank
|Company name||Atlantic Candy Company|
|Product||A company that manufactures sweet candies with a suprose in it|
|Episode||Season 08 Episode 04|
|Asked for||$1 million for 10% equity|
|Final deal||No deal|
|Location||St. Augustine, Florida|
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Atlantic Candy Company Founder
Jared Whetstone founded Atlantic Candy Company. Jared’s grandparents originally started the company in 1967. Jared graduated from Flagler College, completing his bachelor’s degree, and took over his family business. While handling the family business, Jared served in the U.S. Coast Guard for ten years. Atlantic Candy Company’s founder, Jared Whetstone has a net worth of 18 Million USD as of 2023.
|2016||Atlantic Candy Company was featured on Shark Tank|
|2017||Within a year ater the pitch, the Atlantic Candy Company expnaded their production capacity from 40 million to 160 million|
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 Atlantic Candy Company and its continued success.