Sweet Ballz Net Worth 2023 Update (Before & After Shark Tank)
Sweet Ballz is a cake balls business. This was started by James McDonald and Cole Egger in 2012. As of October 2023, Sweet Ballz’s net worth is $5 million. They’re pulling in a whopping $5 million in annual revenue.
In September 2013, they appeared on Season 5 of Shark Tank USA and made a deal with Mark Cuban and Barbara Corcoran, for $250,000 for 25% of equity. The final valuation was $1 million, down from the founder’s initial estimate of $2.5 million.
Despite some internal dilemmas of the company, Sweet Ballz continues to be in the market. Sweet Ballz’s bulk pack cake ball products are available at food service distributors across the U.S. You can also place orders on the website. However, at the moment, the website is down for relocating purposes and will be back in 2024.
See also: Similar products on Amazon.
Sweet Ballz Net Worth
| Net worth | $5 million (2023) |
| Annual Sales Revenue | $5 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investors | Mark Cuban and Barbara Corcoran |
| Founders | James McDonald and Cole Egger |
| Employees | <25 |
Sweet Ballz Net Worth Timeline
| Net Worth 2023 | $5 million |
| Net Worth 2022 | $5 million |
| Net Worth 2021 | $1 million |
| Net Worth 2020 | – |
| Net worth valuation in 2013 after appearing on Shark Tank | $1 million |
| Net worth valuation in 2013 before appearing on Shark Tank | $2.5 million |
Sweet Ballz Pitch on Shark Tank
| Company name | Sweet Ballz |
| Product | Cake balls |
| Episode | Season 05 Episode 01 |
| Founders | James McDonald and Cole Egger |
| Asked for | $250,000 for 10% equity |
| Final deal | $250,000 for 25% equity |
| Sharks | Mark Cuban and Barbara Corcoran |
| Location | Mansfield, Texas |
Don’t miss these products from Season 5
Sweet Ballz Founders
Sweet Ballz was founded by James McDonald and Cole Egger in 2012. James has a professional background in business management and financing. Cole is an entrepreneur who turned his passion for baking into a profession. Together, their professional skills and creativity allowed them to start their own business. Sweet Ballz’s founders James McDonald and Cole Egger have net worth of 3.5 Million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2013 | Sweet Balls appeared on Shark Tank and secured a deal |
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 Sweet Ballz and its continued success.
