Salted Restaurant Group, a delivery service for restaurants, was started by Jeff Applebaum in 2014. Salted Restaurant Group’s net worth was $10 million at the time of their pitch in 2020 based on the $500,000 for 5% equity of the company.
They appeared on Season 11 of Shark Tank USA in 2020. However, the Sharks were not interested in investing in Salted Restaurant Group. The sharks were disappointed to find out that Salted went through three versions, all of which were unsuccessful. Hence, all the Sharks went out without the deal.
As of 2023, the company is still in business, and you can purchase products on e-commerce channels such as their website and Amazon.
Salted Restaurant Group Net Worth
| Net worth | $9 million (2022) |
| Annual Sales Revenue | $690K (2022) |
| Profits | – |
| Lifetime sales | $20 million |
| Investor | None |
| Founder | Jeff Applebaum |
| Employees | 50 employees |
Salted Restaurant Group Net Worth Timeline
| Net Worth 2023 | $Not Disclosed |
| Net Worth 2022 | $9 million |
| Net Worth 2021 | $9 million |
| Net worth valuation 2020 before appearing on Shark Tank | $10 million |
Salted Restaurant Group Pitch on Shark Tank
| Company name | Salted Restaurant Group |
| Product | Delivery Services for restaurants |
| Episode | Season 11 Episode 23 |
| Founder | Jeff Applebaum |
| Asked for | $500,000 for 5% equity |
| Final deal | No Deal |
| Shark | None |
| Location | Santa Monica, USA |
Don’t miss these product from Season 11
Salted Restaurant Group Founder
Salted Restaurant Group was founded by Jeff Applebaum in 2014. In Season 11, Jeff Applebaum pitched Salted, a delivery-first restaurant concept that offers multiple restaurant brands from one kitchen. Salted Restaurant Group’s founder, Jeff Applebaum, has a net worth of 9 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2020 | The company appeared on Shark Tank Season 11 |
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 Salted Restaurant Group and its continued success.