Honey Bunchies is a honey-based snack bar-making company. Kendra Bennett started this business in 2015. As of December 2023, Honey Bunchies’s net worth is $8 million. They’re pulling in a whopping $3 million in annual revenue.
In April 2023, they appeared on Season 14 of Shark Tank USA, seeking $200,000 for 10% of equity, valuing the company at $2 million. But the Sharks were not interested in investing in Honey Bunchies.
Although Honey Bunchies did not win a deal from the show, this family business continued to be in the market successfully. Currently, Honey Bunchies is rebranded as Bon Bee Honey. You can check out their products on the Honey Bunchies Instagram handle. Products are available for purchase at Honey Bunchies outlets, supermarkets, convenience stores, as well as Amazon.
Honey Bunchies Net Worth
Net worth | $8 million (2023) |
Annual Sales Revenue | $3 million (2023) |
Profits | $900,000 |
Lifetime sales | $6.1 million |
Investor | – |
Founder | Kendra Bennett |
Employees | <10 |
Honey Bunchies Net Worth Timeline
Net Worth 2023 | $8 million |
Net Worth 2022 | $2 million |
Net Worth 2021 | $600,000 |
Net Worth 2020 | $100,000 |
Net worth valuation in 2021 before appearing on Shark Tank | $2 million (business valuation) |
Honey Bunchies Pitch on Shark Tank
Company name | Honey Bunchies |
Product | A honey-based snack bar-making company |
Episode | Season 14 Episode 20 |
Founder | Kendra Bennett |
Asked for | $200,000 for 20% equity |
Final deal | No deal |
Shark | No shark |
Location | Longmont, Colorado |
Don’t miss these products from Season 14
Honey Bunchies Founder
Kendra Bennett started Honey Bunchies in 2015. Kendra holds a bachelor’s degree in Marketing from the University of Colorado Boulder. Before taking over her family business, Kendra worked in the Marketing and Business Operating fields. Honey Bunchies’s founder Kendra Bennett has a net worth of 8 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | Honey Bunchies was featured in Shark Tank. Honey Bunchies won the ” Best New Snack” award from the National Association for the Specialty Food Trade. |
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 Honey Bunchies and its continued success.