Bantam Bagels Net Worth 2023 Update (Before & After Shark Tank)
Bantam Bagels, Bagel bites filled with cream cheese, was started by Nick Oleksak, and Elyse Oleksak in 2013. As of November 2023, Bantam Bagels’ net worth is $34 Million and they’re pulling in a whopping $20 Million in annual revenue.
On January 9, 2015, they appeared on Season 6 of Shark Tank USA and made a deal with Lori Greiner, for $275,000 for 25% equity. The final valuation was $1.1 Million, down from the founder’s initial estimate of $2.5 Million.
Bantam Bagels is still in business. However, their website is not active. Social media is not updated. and the parent company of Bantam Bagels, the Marzetti Company exited the bagel business.
Bantam Bagels Net Worth
| Net worth | $34 Million (2023) |
| Annual Sales Revenue | $20 Million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | Lori Greiner |
| Founders | Nick Oleksak, Elyse Oleksak |
| Employees | 20 to 50 |
Bantam Bagels Net Worth Timeline
| Net Worth 2023 | $34 Million |
| Net Worth 2022 | $29 Million |
| Net Worth 2021 | $22 Million |
| Net Worth 2020 | $15 Million |
| Net worth valuation in 2015 after appearing on Shark Tank | $1.1 Million |
| Net worth valuation in 2015 before appearing on Shark Tank | $2.5 Million |
Bantam Bagels Pitch on Shark Tank
| Company name | Bantam Bagels |
| Product | Bagel bites filled with cream cheese |
| Episode | Season 06 Episode 13 |
| Founders | Nick Oleksak, Elyse Oleksak |
| Asked for | $275,000 for 11% equity |
| Final deal | $275,000 for 25% equity |
| Shark | Lori Greiner |
| Location | New York, NY 10014, United States |
Don’t miss these products from Season 06
Bantam Bagels Founders
Bantam Bagels was founded by Nick Oleksak, and Elyse Oleksak in 2013. Two founders are a couple. The couple made a million-dollar pitch. Bantam Bagels’s founders, Nick Oleksak, and Elyse Oleksak’s net worth is unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2018 | Bantam Bagels was sold to T. Marzetti Co |
| 2015 | Appeared on Shark tank |
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 Bantam Bagels and its continued success.
