Granola Gourmet, an Energy bar for diabetics, was started by Jeff Cohen in 1984. Granola Gourmet’s net worth was $700,000 at the time of their pitch in 2009 based on the $175,000 offer for 25% of the equity of the company.
They appeared on Season 1 of Shark Tank USA in 2009. However, the Sharks were not interested in investing in Granola Gourmet. Sharks dropped all the deals because the taste of the bar was not good and their risk in investing in the company so the founder had to walk alone.
Although the company website is active it is not up to date. Social media sites were not found. Because of these reasons, it seems Granola Gourmet was out of business.
Granola Gourmet’s Net Worth
|Net worth||$700,000 (Business valuation)|
Granola Gourmet Net Worth Timeline
|Net Worth 2023||Out Of Business|
|Net worth valuation in 2009 before appearing on Shark Tank||$700,000|
Granola Gourmet Pitch on Shark Tank
|Company name||Granola Gourmet|
|Product||Energy bars for diabetics|
|Episode||Season 01 Episode 05|
|Asked for||$175,000 for 25% equity|
|Final deal||No deal|
|Location||Santa Clarita, California|
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Granola Gourmet Founder
Granola Gourmet was founded by Jeff Cohen in 1984. Cohen is a family man. He was diagnosed with diabetes a long time ago in his life. Granola Gourmet’s founder, Jeff Cohen, has a net worth of USD 700,000 as of 2023.
|2023||Granola Gourmet has sold in over 600 retail stores|
|2009||Granola Gourmet appeared on Shark Tank|
Some companies that appear on the show have not achieved great success, and Granola Gourmet is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Granola Gourmet went out of business. And the product is no longer available in the market.