Tommy Sugo, a spaghetti and espresso restaurant, was started by Joel Sneeuwjagt & Nathan Baws in 2014. As of January 2024, Tommy Sugo net worth is $13.4 million. And they’re pulling in a whopping $5 million in annual revenue. 

In April 2015, they appeared on season 1 of Shark Tank Australia and made a deal with Janine Allis, for $150,000 for 50% of equity. The final valuation was $300,000, down from the founder’s initial estimate of $2.33 million.

Tommy Sugo is still in business. Their website is active and well-maintained,  showcasing their menu, delivery options, and contact information. They continue to offer their signature ready-made meals, fresh pasta, and gourmet treats through delivery and takeaway options.

Tommy Sugo Net Worth

Net worth$13.4 million (2023)
Annual Sales Revenue$5 million (2023)
ProfitsNot publicly available
Lifetime salesNot publicly available
InvestorJanine Allis
FounderJoel Sneeuwjagt & Nathan Baws 
EmployeesNot publicly available

Tommy Sugo Net Worth Timeline

Net Worth 2024$13.4 million
Net Worth 2022$13.4 million
Net worth valuation 2015 after appearing on Shark Tank  $300,000
Net worth valuation 2015 before appearing on Shark Tank  $2.33 million

Tommy Sugo Pitch on Shark Tank

ProductA spaghetti and espresso restaurant
EpisodeSeason 01 Episode 08
Founders Joel Sneeuwjagt & Nathan Baws 
Asked for$350,000  for 15% equity
Company nameTommy Sugo
Final deal$150,000  for 50% equity
SharksJoel Sneeuwjagt & Nathan Baws 

Don’t miss these product from Season 1

Tommy Sugo Founders

Tommy Sugo was founded by Joel Sneeuwjagt & Nathan Baws  in 2014. Joel Sneeuwjagt & Nathan Baws , have a net worth of $13.4 million as of 2024.

Key accomplishments

2015Appeared on Shark Tank season 01 and Joel Sneeuwjagt & Nathan Baws invested $150,000  for 50% equity
2019Expanded their delivery radius to cover more areas within Perth, reaching a wider customer base
2022Continued to introduce new menu items and seasonal specials, keeping their offerings fresh and exciting for customers.


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 Tommy Sugo and its continued success.

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