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Bantam Bagels Net Worth 2023 Update (Before & After Shark Tank)

Shark-Tank-US-Net-worth-UpdateBantam-Bagels

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
InvestorLori Greiner
FoundersNick Oleksak, Elyse Oleksak
Employees20 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 nameBantam Bagels
ProductBagel bites filled with cream cheese
EpisodeSeason 06 Episode 13
Founders Nick Oleksak, Elyse Oleksak
Asked for$275,000 for 11% equity
Final deal$275,000 for 25% equity
SharkLori Greiner
LocationNew York, NY 10014, United States

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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

YearAccomplishment
2018Bantam Bagels was sold to T. Marzetti Co
2015Appeared 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.

What do you think?

Written by GAG Team

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