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Jones Scones Net Worth 2023 Update (Before & After Shark Tank)

Jones Scones is an all-natural cream scones business. This was started by J. Jones in 1998. Jones Scones’s net worth was $400,000 at the time of their pitch in 2013 based on the $100,000 offer for 25% of the equity of the company. 

They appeared on Season 4 of Shark Tank USA in 2013. But the Sharks were not interested in investing in Jones Scones. 

Jones Scones could not win a deal from Shark Tank. Nevertheless, the owner continued its business after the show. There was progress, but the company also had to face several obstacles. Jone Scone’s FaceBook account is still up, but the current status of the company remains somewhat uncertain. However, it became inactive in 2018. Current data indicates that Jones Scones went out of business in 2018.

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Jones Scones Net Worth

Net worth$400,000 (2013)
Annual Sales Revenue
Profits
Lifetime sales
Investor
FounderJ. Jones 
Employees

Jones Scones Net Worth Timeline

Net Worth 2023Out of business
Net Worth 2022Out of business
Net Worth 2021Out of business
Net Worth 2020Out of business
Net worth valuation in 2013 before appearing on Shark Tank  $400,000 (business valuation)

Jones Scones Pitch on Shark Tank

Company nameJones Scones
ProductAll-natural cream scones 
EpisodeSeason 04 Episode 26
FounderJ.Jones
Asked for$100,000 for 25% equity
Final dealNo deal 
SharkNone
LocationDenver, Colorado

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Jones Scones Founder

Jones Scones was founded by J.Jones in 1998. J.Jones was born and raised in Denver. He initially comes from a legal background, but despite studying law Jones wanted to start his own scones business priortaizing his passion. Jones ran his scones business for nearly 20 yeras. After 2018, he returned to pursue law; however his health condition became crirtcal in 2021 due to a major stroke. Jones Scones’s founder J.Jones’s net worth is unknown as of 2023.

Key accomplishments

YearAccomplishment
2013Jones Scones got featured on Shark Tank 
2016The company was relaunched after a temporary break 

Conclusion

Some companies that appear on the show have not achieved great success, and the Jones Scones was one of them. Sometimes businesses don’t succeed because of 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,  Jones Scones went out of business in 2018. And the product is no longer available in the market.

 

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Written by GAG Team

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