Jessica Burns and Jason Burns, founders of the Cereal Killerz food startup, Appear Shark Tank and asked for $125,000 in exchange for 10% equity. According to this demand, the Cereal Killerz is worth $1.2 million, although they did not receive funding from the Shark Tank show.
Cereal Killerz is a one-of-a-kind cafe, it was started in June 2018 in Las Vegas. Before the formation of this business, the founder did a lot of experimentation to make this product. After a lot of experimentation, Cereal Killerz Business Idea was born.
After the success of the first cereal bar, his team tried to make cereal bars of different flavors and that too was successful.
Children like this kind of thing very much, many people like to say this bar in their breakfast. It mixes things like candy, cookies, and pop tarts, which give a different kind of taste.
The Cereal Killerz Kitchen offers more than 140 different types of cereals, it comes in dairy and non-dairy milk. It also sells ice creams which are very sweet and tasty to eat.
It makes simple bowls, waffles, ice creams, milkshakes, etc. to fulfill the sleep of its customers.
What Is The Cereal Killerz?
Cereal Killerz Las Vegas Base is a breakfast cereal bar brand that makes cereal Bowls, Waffles, Ice cream, and Milkshakes.
These 100 different bowls of cereal are made because people have different needs and they fulfill these needs.
This is a franchising-based business, they have a variety of different things for you.
Cereal Killerz Shark Tank Update
|Company Name||The Cereal Killerz|
|Founder||Jessica Burns and Jason Burns|
|Product||Las Vegas-based breakfast cereal bar|
|Asked For||$125,000 for 10%|
|Final Deal||No Offer|
|Episode (Shark Tank USA)||Season 12 Episode 3|
|Air Date||October 30, 2020|
|Business Status||In Business|
|Net Worth||$1.2 Million *estimated|
Cereal Killerz Contact Details
|Place||Las Vegas, Nevada, United State|
Who Is The Founder Of Cereal Killerz? – Jessica Burns and Jason Burns Shark Tank
Jessica Burns and Jason Burns are the founders of this The Cereal Killerz company.
The Cereal Killerz Before Shark Tank
Cereal Killerz is a food and beverage services brand is Las Vegas and this brand is very popular in its local area. It is made by mixing different types of ice creams and candies to make 10 varieties of milk.
Their cereals and ice creams are very popular and are the most eaten food. This feature has also happened in the popular magazine La ‘Times.
How Was The Shark Tank Pitch Of Cereal Killerz?
Cereal Killerz founder Jessica Burns asks for $125,000 in Shark Tank in exchange for 10% equity in her company. This husband and wife both had a very good presentation, they handled sharks very well in Shark Tank.
His shop was opened in many places like malls, streets,s, etc. But it could not survive. Because then he did not have a good plan, due to which he could not succeed in it.
Jason plans to remodel his store for $25,000. When Robert Herjavec asked Jason how much cash had gone, Jason said that it was about $40,000 to $50,000.
In October 2020, he had a shop in a mall in Las Vegas. Their monthly cost comes to $8,000 in this store.
All the sharks took this business very positively but they said that this business is not ready to invest yet. Because of this sharks cannot invest in this business.
What Happened To Cereal Killerz After Shark Tank?
Cereal Killerz had opened only one store in the mall before the Shark Tank show but they were not getting much profit from it. Mark gave him very good advice not to do all the things himself, he also asked to keep a partner with him.
They closed the store which was in the original mall location. In April 2021, he reopened the store at Miracle Mile Mall at Planet Hollywood.
The same year he opened 2 stores in the Centennial Hills section of Las Vegas and Goodyear, AZ. Now they have also opened their franchise. Right now he has a plan that by the end of 2023, he will open stores in most of the locations of Las Vegas.
In November 2021, their annual revenue was $1 million.
What Is Cereal Killerz Net Worth?
The founder gave a presentation of his company very well on Shark Tank. The Cereal Killerz Worth $1.2 Million With Founder’s Demand. Jason is busy expanding his business, he is opening stores in different places in Las Vegas.
People are liking their products very much, Shark also praised its foods a lot. Hope this company can become a very good brand in the coming time.
|The Cereal Killerz‘s Worth||$1.2 million *Approx|
Is Cereal Killerz Still In Business?
Cereal Killerz It is also running in June 2022 and is looking to open its store in Las Vegas. They plan to gradually expand their franchise to different states of the United States by opening new stores.
Their stores have been opened in many malls in Las Vegas, in this mall, things like milkshakes, ice cream is sold a lot.
We expect it to fully cover the United States in the coming few years.