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Sap Maple Drink Net Worth 2023 Update (Before & After Shark Tank)

Sap Maple Drink, Healthy Sap Beverages, was started by Nikita Salmon and Chas Smith in 2015. As of September 2023, Sap Maple Drink’s net worth is $12 Million and they’re pulling in a whopping $1 million in annual revenue.

On January 28, 2018, they appeared on Season 9 of Shark Tank USA seeking $600,000 for 12% equity valuing the company at $5 Million. However, the Sharks were not interested in investing in Sap Maple Drink. Sharks made some offers but the founders declined the offers because the amount of equity that the founders had to give up was a little high. So founders had to walk away.

Sap Maple Drink is still in business. Their products are available on the website and Amazon

Sap Maple Drink Net Worth

Net worth$12 Million (2023)
Annual Sales Revenue$1 million (2022)
Profits
Lifetime sales
Investor
FoundersNikita Salmon and Chas Smith
Employees100 to 500

Sap Maple Drink Net Worth Timeline

Net Worth 2023$12 Million
Net Worth 2022$10 Million
Net Worth 2021$8 Million
Net Worth 2020$6 Million
Net worth valuation in 2018 before appearing on Shark Tank  $5 Million

Sap Maple Drink Pitch on Shark Tank

Company nameSap Maple Drink
ProductHealthy Sap Beverages
EpisodeSeason 09 Episode 21
Founders Nikita Salmon and Chas Smith
Asked for$600,000 for 12% equity
Final dealNo deal
SharksNone
LocationUnderhill, Vermont

Don’t miss these products from Season 9

Sap Maple Drink Founders

Sap Maple Drink was founded by Nikita Salmon and Chas Smith in 2015.  They are cousins. Their families have been working in the maple industry for a long time. Sap Maple Drink’s founders, Healthy Sap Beverages, have a net worth of USD 12 Million as of 2023.

Key accomplishments

YearAccomplishment
2022Donated 1% of their revenue to help protect forests for greener energy.
2018Appeared on the Shark Tank in 2018

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 of Sap Maple Drink and its continued success.

What do you think?

Written by GAG Team

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