Be Fit Food is a meal plan program for weight loss. This was started by Kate Save and Dr. Geoffrey Draper in 2016. As of January 2024, Be Fit Food’s estimated net worth is $5 million. They’re pulling in a whopping $5 million in annual revenue.
In July 2017, they appeared on season 03 of Shark Tank Australia and made a deal with Janine Allis for $200,000 for 33% of equity + $100,000 loan. The final valuation was $600,600, down from the founder’s initial estimate of $1.5 million.
Be Fit Food had a significant growth in business after its appearance on the show. The company could expand its services as well as market over time. And as of January 2024, Be Fit Food is actively running its business. You can head to the Be Fit Food website to buy their products and get their services.
Be Fit Food Net Worth
| Net worth | $5 million (2024) |
| Annual Sales Revenue | $5 million (2024) |
| Profits | – |
| Lifetime sales | – |
| Investor | Janine Allis |
| Founders | Kate Save and Dr. Geoffrey Draper |
| Employees | <25 |
Be Fit Food Net Worth Timeline
| Net Worth 2024 | $5 million |
| Net Worth 2023 | $5 million |
| Net worth valuation in 2017 after appearing on Shark Tank | $600,600 |
| Net worth valuation in 2017 before appearing on Shark Tank | $1.5 million |
Be Fit Food Pitch on Shark Tank
| Product | A meal plan program for weight loss |
| Episode | Season 03 Episode 08 |
| Founders | Kate Save and Dr. Geoffrey Draper |
| Asked for | $300,000 for 20% equity |
| Company name | Be Fit Food |
| Final deal | $200,000 for 33.3% equity + $100,000 loan |
| Shark | Janine Allis |
| Location | Mornington, Victoria |
Don’t miss these products from Season 03
Be Fit Food Founders
Kate Save and Dr. Geoffrey Draper founded Be Fit Food in 2016. Kate graduated from Deakin University, completing her Master’s in Clinical Exercise Physiology. She has years of experience working as a professional dietician. The co-founder, Geoffrey Draper, is a specialist surgeon. Currently, he serves at Peninsula Private Hospital. Be Fit Food’s founders, Kate Save and Dr. Geoffrey Draper’s net worths are unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | Be Fit Food got featured in Shark Tank and secured a deal. |
| 2018 | Be Fit Food was awarded as the Victorian Telstra Business of the Year. |
| 2022 | Be Fit Food won the Health in Victoria Award. |
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 Be Fit Food and its continued success.
