I Love Chamoy Net Worth 2024 Update (Before & After Shark Tank)
I Love Chamoy’s net worth is $5 million as of January 2024. For the year 2023, the company made $1.3 million in sales. They are projecting around $3.8 million to $4 million in year-end sales for the current financial year. I Love Chamoy is a sugar-free, healthy Mexican sauce brand. Annie Leal started this in 2022.
In 2023, they appeared on Season 15 of Shark Tank USA, seeking $300,000 for 5% of equity, valuing the company at $6 million. But the Sharks were not interested in investing in I Love Chamoy. Sharks found Annie’s products and financial figures quite impressive. However, Kevin O’Leary was the only shark who made an offer. He initially offered $300,000 for 15% of equity. After a few rounds of negotiation, he made a final offer of $300,000 for 12.5% equity, but Annie declined it.
Although Annie had to leave the show without a deal, the pitch gave her business more visibility. Following the show, Annie’s business witnessed significant growth. As of January 2024, it is performing well in the market. Products are available on the company website, Amazon, Walmart, and selected retailers.
I Love Chamoy Net Worth
Net worth | $5 million (2024) |
Annual Sales Revenue | $1.3 million (2023) |
Profits | $1.5 million |
Lifetime sales | $5.1 million (2024) |
Investor | None |
Investment | None |
Founder | Annie Leal |
Employees | 11-50 |
I Love Chamoy Net Worth Timeline
Net Worth 2024 | $5 million |
Net worth valuation in 2023 before appearing on Shark Tank | $6 million (business valuation) |
I Love Chamoy Pitch on Shark Tank
Product | A sugar-free healthy Mexican sauce brand |
Episode | Season 15 Episode 05 |
Founder | Annie Leal |
Asked for | $300,000 for 5% |
Company name | I Love Chamoy |
Final deal | No deal |
Shark | No shark |
Location | Monterrey, Mexico |
Don’t miss these products from Season 15
I Love Chamoy Founder
Annie Leal founded I Love Chamoy in 2022. Embracing her Mexican roots, Annie wanted to start her own Mexican sauce company. The idea of making it sugar-free was inspired by Annie’s father, who is a diabetes patient. I Love Chamoy’s founder Annie Leal’s net worth is unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2022 | Grand prize winner in H-E-B’s Quest for Texas Best competition. |
2023 | The company was featured on Shark Tank. |
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 I Love Chamoy and its continued success.