Shark-Tank-US-Net-worth-UpdateHotShot

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
InvestorNo deal
FounderDanny 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

HotShotHotShot
ProductReady to drink hot coffee
EpisodeSeason 07 Episode 06
Founder Danny Grossfeld
Asked for$300,000 for 10% equity
Final dealNo deal
Shark / SharksNone
LocationNew 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:

YearAccomplishment
2015Appearing on the SharkTank Season 7
2018Selling 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.

Similar Posts

Leave a Reply