Mama O’s Premium Kimchi manufactures a wide variety of Kimchi products. Mama O’s Premium Kimchi appeared in Shark Tank Season 14 Episode 3 and Founder Kheedim Oh asked Shark $250k for a 10% Equity at a $2.5 Million Valuation.
Mama O’S Premium Kimchi sells a variety of ready-to-eat kimchi pastes and DIY kimchi-making kits on its online store. All kimchi products are natural and full of probiotics and vegan.
This kimchi comes in different tastes and textures which tastes like a mother’s handmade. Mama O’s Premium Kimchi Company was started in 2009 by accident. Kheedim Oh did not have any motive for starting this business.
Kimchi is most popular in most Asian markets. In Asian people consume kimchi daily and it is the most popular dish in Korea. More than 100 different types of kimchi are made in today’s time. But there is some kimchi that is of premium quality and One of them is Mama O’s Premium Kimchi.
What Is Mama O’s Premium Kimchi?
Mama O’s Premium Kimchi is a company that manufactures a variety of ready-to-eat kimchi pastes and kimchi base products.
The products they make related to kimchi are natural, probiotic, and vegan. They do not add any additional ingredients to make kimchi products.
Kimchi is made using cabbage and some traditional recipes and spices are added to it. In this, special attention is given to probiotics and prebiotics and the test is also taken care of.
The founder of this business, Kheedhim, sells ready-to-eat kimchi pouches on his website. This kimchi comes in different flavors like “original,” vegan, super spicy, Daikon radish, Bok Choy and Premium White.
This company also sells kimchi paste, through which its own kimchi can be made by adding the paste to the cabbage. Kimchi kit is a good product, through this you can make kimchi at home anytime. Apart from this, this company also sells Kimchi Sauce and Dehydrated Kimchi Flakes.
This product is available on Farmer Market, Whole Foods, and Amazon along with its website.
|Company Name||Mama O’s Premium Kimchi|
|Founder||Kheedhim Oh, Myung Oh, and Amy Black|
|Product||a variety of ready-to-eat kimchi pastes and DIY kimchi-making kits|
|Asked For||$250K for a 10% equity|
|Final Deal||No Deals|
|Episode (Shark Tank USA)||Season 14 Episode 3|
|Air Date||Oct 7, 2022|
|Business Status||In Business|
|Headquarters||Brooklyn, New York, United States|
|Go To Amazon||Buy Now|
Another Shark Tank Pitch
Who Is The Founder Of Mama O’s Premium Kimchi?
The founder and CEO of Mama O’s Premium Kimchi Company are Kheedim Oh who is a Korean American. He currently resides in the New York City Metropolitan Area.
He studied Bachelor of Science – BS, Audio Engineering from American University. His mother Myung Oh taught him the recipe for making kimchi.
His wife Amy Black is the Chief Operating Officer. She was Director of Operations at Ark Foods for 2 years. Apart from this, Sh has worked in Olam, Greensgrow, Foodee, etc. Amy did her master’s degree in food studies from New York University.
Mama O’s Premium Kimchi Before Shark Tank
New York-based This Mama O’s Premium Kimchi company was started by Kheedhim in 2008 with the help of his mother Myung.
When Kheedhim was studying in college, he had no knowledge of the kimchi business, although he was from Korea. When Kheedhim started living in Brooklyn, he tried to learn the recipe for making kimchi from his mother and he became very successful in that too.
Different recipes are used to make this one perfect kimchi. When the perfect kimchi recipe was made, he got it tested by friends and family.
Kheedhim’s family and friends will encourage him to sell this product. After this, he started selling his product in Farmer Market and Whole Foods and he got very good sales. He started his business with low inventory.
Seeing the growth of the business, he hired some individuals to produce kimchi for local restaurants, bodegas, and grocery stores.
This company makes products related to kimchi in Brooklyn, New York, and sells them nationally and internationally.
This kimchi business needs a piece of expert advice and investment to grow, so Kheedhim decided to take the help of sharks.
How Was The Shark Tank Pitch Of Mama O’s Premium Kimchi?
Kheedhim and Myung entered Shark Tank and asked Shark for $250k for a 10% equity at a $2.5 Million Valuation. They explained all the details about his kimchi product to the shark and also got the kimchi product test done on the shark but the shark found it quite spicy.
Kheedhim also told him how and when this business idea came to him. The bag of kimchi is made for $2.67 and retails for $8.99. The kimchi kit is made for $8.25 and has a wholesale price of $20.
Last year (2021) their sale was $850,000 and this year (2022) they are projecting to make $1 million. In this, their profit is 25%. They haven’t found any sales online, they have found all Offline sales.
This company started with a skateboard for only $50. This company does not have any investors. Myung feels proud of her son’s success.
Mark, Kevin, Daymond, Lori, and Kendra all the sharks are out of this business.
Finalize: Mama O’s Premium Kimchi did not get a deal on Shark Tank.
What Happened To Mama O’s Premium Kimchi After Shark Tank?
Mama O’s Premium Kimchi didn’t get investment in Shark Tank but Kheedhim is a very good businessman and he can still grow his company. Kheedhim started his business with a skateboard for only $50 and now this business is worth a million.
This is the profit margin of this company in October 2022 of 25% and it is very good for a foods manufacturing company.
At the time of the pandemic, the growth of the food industry was completely down, but now it is slowly recovering. The founder says that his kimchi company will sell $1 million by 2022.
Shark Tank watchers are very angry about this kimchi business that Shark did not invest in. People say that ridiculous things like banana phones can be considered serious but the kimchi business is not.
There are many Twitter users who are considering this kimchi business a good business. They also say that they will definitely use this product.
After Shark Tank, there are many people who are ready to buy this kimchi product. We think this company will sell very well after Shark Tank.
After Shark Tank, this kimchi product has become available at many supermarket stores throughout the United States, including Erewhonmarket, Albertsons, Sprouts, Wegmans, Giant, Target, Walmart, Costco, Gelsonsmarkets, Bristolfarms and many more.
Mama O’s Premium Kimchi Shark Tank Update
Mama O’s Premium Kimchi didn’t get any investment in Shark Tank but Shark Tank’s viewers liked the business idea. This is an innovative business idea but if this food tastes good then people will definitely buy this kimchi.
This company’s sale is $850K in 2021 and this founder is projecting to sell $1 million in 2022.
We’re following Kheedhim Oh, Myung Oh, and Amy Black along with their company for further updates.
What Is Mama O’s Premium Kimchi Net Worth?
Kimchi is a superfood that is widely consumed in the Asian market. This kimchi is a favorite food of Asian people. Currently, this Mama O’s Premium Kimchi net worth is estimated to be around $640,000. The growth of this business can be very good in the coming time.
Is Mama O’s Premium Kimchi Still In Business?
Mother & Son’s kimchi business was liked by Shark Tank’s audience even though Shark did not invest in this company. This company’s most sales came only Offline, this is in 2022 so the founder should promote his business online.
Kimchi Global Market Size is expected at 975.93 Million and this business is going to grow a lot in the coming time.
Many major media publications have featured this company, including NBC New York, ABC, Entrepreneur, Business Insider and many more.
The headquarter of this Mama O’S Premium Kimchi, Inc company is at present in Brooklyn, New York, United States, and a total of 1-10 employees are working in it.
Yes, Mama O’s Premium Kimchi is still in business as of November 2022.