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FunCakes Rental Net Worth 2023 Update (Before & After Shark Tank)

FunCakes Rental

FunCakes Rental, a foam and fondant made, rental wedding cakes, was started by Kimberly Aya in 2008. As of October 2023, FunCakes Rental net worth is $1 million and they’re pulling in a whopping $1.1 million in annual revenue. 

In 2014 they appeared on season 6 of Shark Tank USA seeking $285,000 for 25% of equity valuing the company at $1.14 million. But the Sharks were not interested in investing in FunCakes Rental. The entrepreneurs behind FunCakes Rental were relatively inexperienced in the business world. The sharks were concerned about their ability to manage and grow the company effectively.

FunCakes Rental is still in business. The company has been operating for over 15 years and has a wide customer base. They have also expanded their product line to include fake cakes for corporate events and other occasions. To know about their business in detail, visit their official website.

FunCakes Rental Net Worth

Net worth$1 million (2023)
Annual Sales Revenue$1.1 million (2023)
ProfitsNot Publicly Available
Lifetime salesNot Publicly Available
InvestorNone
FounderKimberly Aya
EmployeesNot Publicly Available

FunCakes Rental Net Worth Timeline

Net Worth 2023$1 million
Net Worth 2022$1 million
Net worth valuation 2014 after appearing on Shark Tank  N/E
Net worth valuation 2014 before appearing on Shark Tank  $1.14 million

FunCakes Rental Pitch on Shark Tank

ProductFoam and fondant made, rental wedding cakes
EpisodeSeason 6 Episode 04
Founder Kimberly Aya
Asked for$285,000 for 25% Equity
Company nameFunCakes Rental
Final dealNone
Shark None
LocationGrand Rapids, Michigan

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FunCakes Rental Founder

FunCakes Rental was founded by Kimberly Aya in 2008. She wanted to offer an affordable and environmentally friendly alternative to traditional wedding cakes. And she found that faux cakes were the perfect solution. FunCakes Rental’s founder, Kimberly Aya, has a net worth of $1 million as of 2023.

Key accomplishments

YearAccomplishment
2014Appeared on Shark Tank season 6
2015Expanded product line to include fake wedding signage
2018Expanded product line to include fake wedding cakes for same-sex couples

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 FunCakes Rental and its continued success.

What do you think?

Written by GAG Team

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