HotShot, a ready-to-drink hot coffee, was started by Danny Grossfeld in 2009. As of September 2023, HotShot net worth is $2 million. Also, HotShot is pulling in a whopping $2 million in annual revenue.
In 2015, he appeared on Season 7 of Shark Tank USA seeking $300,000 for 10% of equity, valuing the company at $3 million. But the Sharks were not interested in investing in HotShot.
Hotshot was widely available on its company website and Amazon. However, the HotShot website and social media have not been active since 2018. The latest Amazon reviews on HotShot are from 2018. At the moment, you cannot buy HotShot personally. But HotShot is not out of business. You can still purchase HotShot products at selected resorts, movie theaters, and sports stadiums.
HotShot Net Worth
Net worth | $2 million (2023) |
Annual Sales Revenue | $2 million (2022) |
Profits | – |
Lifetime sales | – |
Investor | No deal |
Founder | Danny Grossfeld |
Employees | – |
HotShot Net Worth Timeline
Net Worth 2023 | $2 million |
Net Worth 2022 | $2 million |
Net Worth 2021 | $1.7 million |
Net Worth 2020 | $1.5 million |
Net worth valuation 2015 before appearing on Shark Tank | $3 million – Business valuation |
HotShot Pitch on Shark Tank
HotShot | HotShot |
Product | Ready to drink hot coffee |
Episode | Season 07 Episode 06 |
Founder | Danny Grossfeld |
Asked for | $300,000 for 10% equity |
Final deal | No deal |
Shark / Sharks | None |
Location | New York |
Don’t miss these products from Season 07
HotShot Founder
Danny Grossfeld founded HotShot in 2009. Danny is a successful American entrepreneur inspired by introducing a ready-to-drink hot coffee in the United States after returning from a tour in Japan. HotShot’s founder, Danny Grossfeld has a net worth of 2 Million USD as of 2023.
Key accomplishments:
Year | Accomplishment |
2015 | Appearing on the SharkTank Season 7 |
2018 | Selling HotShot nationally via Amazon |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, HotShot has proven that with the right idea and execution, anything is possible. We can’t wait to see the future for HotShot and its continued success.
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