Zach and Zoe Sweet Bee Farm is a honey company that sells raw honey. All their honey is completely natural and they adopt natural method to produce honey. This company does not add any kind of pesticides and additives in its honey.
Raw honey is very good for health and it gives many benefits to the body like digestion, brain, immunity and many more. According to Healthline, raw honey contains harmful bacteria which is dangerous for babies.
The founders of Zach and Zoe Sweet Bee Farm are the Johnson family and they launched this company in 2015. Kam and Summer’s youngest child Zach suffers from asthma and seasonal allergies. They fed raw honey to Zach and the condition of Zach became very defiant.
They used to go to the local beekeepers for raw honey most of the time and gradually their interest in beekeeping started increasing. After several months of research, they started the business journey of Raw Honey.
Zach, Zoe, Kam and Summer Johnson appear on Shark Tank Season 13 Episode 7 and ask the sharks for $150,000 for a 10% equity at a $1.5 Million Valuation.
What is Zach and Zoe Sweet Bee Farm?
Zach and Zoe Sweet Bee Farm is a New Jersey based Raw Honey business. It produces raw honey using natural method and no pesticides and additives are mixed in it. The shelf life of their raw honey is very long.
They are a beekeeping farm in Hunterdon County, New Jersey. Here this company produces different types of raw honey.
It sells different flavors of Raw Honey, it includes Blueberry, Lemon, Raspberry, Ginger Root, Beetroot, Lavender, Matcha and many more.
The price of each jar of this honey comes from $20 to $24. Apart from this, this company is also selling Beeswax Candles.
|Company Name||Zach and Zoe Sweet Bee Farm|
|Founder||Zach, Zoe, Kam and Summer Johnson|
|Product||Raw Honey Produce Farm|
|Asked For||$150k for a 10% equity|
|Final Deal||$150k for a 15% equity|
|Episode (Shark Tank USA)||S13 E7|
|Air Date||Nov 19, 2021|
|Business Status||In Business|
|Headquarters||Hunterdon County, New Jersey, United States|
|Lifetime Worth (Sales)||$3M *estimated|
|Go To Amazon||Buy Now|
|Watch On||Amazon Prime|
Another Shark Tank Pitch
Who Is The Founder Of Zach and Zoe Sweet Bee Farm?
The Johnson Family is the founder of Zach and Zoe Sweet Bee Farm and has been running this business since 2015. Chris Roil is the part time Chief Financial Officer of this honey company.
Zach and Zoe Sweet Bee Farm Before Shark Tank
This Raw Honey Company was launched in 2015. In 2016, the company began selling its first raw honey product at the Stockton Market in Hunterdon County, NJ.
After increasing the sale of Raw Honey, in 2018, they opened a 2nd store at the Ferry Market in New Hope, Pennsylvania. In the same year they also took their product to the Chelsea market.
It also got included in Oprah’s favorite things in 2020. In 2021, it became the Chase Bank brand ambassador.
How Was The Shark Tank Pitch Of Zach and Zoe Sweet Bee Farm?
The Johnson family entered Shark Tank with their product and asked the sharks for $150k for a 10% equity. They told Shark about Zach’s allergies and how raw honey cured Zach’s allergies.
It makes Honey in its home facility in Lebanon, New Jersey. They have 50 different hives. It sources 80% honey from local farms.
Their honey products are available at Macy’s and Bloomingdale’s Department Store Chain. In 2018 their sales were $62,000, in 2019 they sold $135,000, in 2020 their sales went up to $401,000 and so far in 2021 this company has sold $888,000.
At the time of pre-pandemic, 70% of the business comes from Chelsea Market. At the time of Pandemic, they started selling honey through their website, now 70% of their business is direct consumer from their site.
The manufacturing cost of 16 ounce jars is $6, with a wholesale price of $13 and a retail price of $20. Being different, the price of their honey product is high because they are providing premium honey, so they charge 25% extra.
This business has been accepted into the 2021 Target Incubator Program and Kam says it will make $1.5 million this year. They have a profit margin of 23% and have made $200k in profit so far this year.
Mark Cuban says “I don’t know that you’re accounting for the complexity level” because of this he is out. Daniel Lubetzky says it’s a family business and he feels uncomfortable jumping into it, because of this he is out.
Lori Greiner says she doesn’t eat honey so that’s why she’s out. Kevin O’Leary made an offer for $150K for a $1 royalty per jar sold until $150k is paid, then royalty drops to 25 cents in perpetuity.
Barbara Corcoran said she had an offer, Barbara offered $200k for a 20% equity. Kam counters Barbara for $200k for 12% equity. But Barbara insisted on 15% equity. So Kam agreed.
Finalize: Barbara Corcoran invest $200k in “Zach and Zoe Sweet Bee Farm” for 15% equity.
What Happened To Zach and Zoe Sweet Bee Farm After Shark Tank?
Zach and Zoe Sweet Bee Farm got a deal on Shark Tank. Barbara invested $200k for 15% equity in this raw honey producing company.
After this episode of Shark Tank aired, the company’s sales increased even more and many media publications have featured the company.
Regarding this business, Daniel Lubetzky tweeted on Twitter and said
You all know I have a soft-spot for families that build businesses together. What a beautiful family – magnetic energy, impressive kids and wonderful role models to other entrepreneurs @Zachandzoehoney #SharkTank
On July 2022, this company’s raw honey product also became available in the union market. By December 2022, this company’s products are available at 109 stores across the United States.
Zach and Zoe Sweet Bee Farm Shark Tank Update
Zach and Zoe Sweet Bee Farm got a great response on Shark Tank and Shark Barbara invested in the company. The sale rate of this company is incredible year by year. Founder Kam Johnson said they would do $1.5 million in sales by the end of 2021.
Many Twitter users have shared their opinion after testing this raw honey product.
We’re following Zach, Zoe, Kam and Summer Johnson along with their company for further updates.
What Is Zach and Zoe Sweet Bee Farm Net Worth?
This founder demanded $1.5 million valuation after entering Shark Tank. This company’s valuation reflects its sales. However, Zach and Zoe Sweet Bee Worth $1.3 million in Shark Tank. This company is gradually expanding its product category, it plans to deliver its products to the entire United States.
The price of this company’s Raw Honey product on Amazon is $21.99 and many people have also bought this product from Amazon.
Is Zach and Zoe Sweet Bee Farm Still In Business?
Zach and Zoe Sweet Bee Farm is running profitable and is slowly expanding to different cities in the United States.
The company’s products are available in more than 109+ stores across the United States, including CHELSEA MARKET, Target, Macy’s, Bloomingdale’s, Union Market.
The brand has been featured in several media publications, including Family Circle, Good Housekeeping, Food network, The New York Times, Womens day,Today and many more.
The current headquarter of the company is in Hunterdon County, New Jersey and it employs approximately 11-50 employees.
Yes, Zach and Zoe Sweet Bee Farm is still in business as of December 2022.
What Is Zach and Zoe Sweet Bee Farm?
Zach and Zoe Sweet Bee Farm is an organic raw honey producing company based in Hunterdon County, New Jersey.
Where can I buy zach and zoe honey?
zach and zoe honey is available at 109+ retail stores in the United States including Union Market, CHELSEA MARKET, Target and many more. Apart from this, it is also available on Amazon and company website.