Press Waffle Co, a Belgian waffle shop, was started by Brian Lewis and Caleb Lewis in 2016. As of September 2023, Press Waffle’s net worth is $2 million, and they’re pulling in a whopping $900,000 in annual revenue.
On March 24, 2019, they appeared on Season 10 of Shark Tank USA and made a deal with Barbara Corcoran, $300,000 for 15% equity. The final valuation was $2 million, down from the founder’s initial estimate of $2.5 million.
In August 2023, the company is still open for business. People can order things on their website. COVID-19 did make things slower for them, but they are starting to get faster now.
Press Waffle Co Net Worth
| Net worth | $2 million |
| Annual Sales Revenue | $900,000 |
| Profits | $500,000 |
| Lifetime sales | $3,500,000 |
| Investor | Barbara Corcoran |
| Founder | Brian Lewis and Caleb Lewis |
| Employees | 11-50 employees |
Press Waffle Co Net Worth Timeline
| Net Worth 2023 | $2 million |
| Net Worth 2022 | $2 million |
| Net Worth 2021 | $1.5 million |
| Net Worth 2020 | $1 million |
| Net worth valuation 2019 after appearing on Shark Tank | $2 million |
| Net worth valuation 2019 before appearing on Shark Tank | $2.5 million |
Press Waffle Co Pitch on Shark Tank
| Company name | Press Waffle Co. |
| Product | Waffle Company |
| Episode | Season 10 Episode 17 |
| Founders | Brian Lewis and Caleb Lewis |
| Asked for | $200,000 for 8% equity |
| Final deal | $300,000 for 15% equity |
| Shark | Barbara Corcoran |
| Location | Texas, USA |
Press Waffle Co Founders
Press Waffle Co. was founded by Brian Lewis and Caleb Lewis in 2016. In 2013, while traveling in Europe with his fiance (Caleb Lewis), Bryan Lewis discovered Lige waffles and fell in love with them. Unable to find these delectable treats back in Dallas, he taught himself to make them, leading to the birth of Press Waffle Co. Press Waffle Co.’s founders, Brian Lewis and Caleb Lewis, have a net worth of 3.46 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2016 | They collected $15,150 from Kickstarter in 2016 and used it to start their food truck in the Dallas region |
| 2020 | By the end of 2020, they shared news about opening their eighth location in The Woodlands, Texas |
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 Press Waffle Co. and its continued success.