Bantam Bagels Shark Tank Update

Bantam Bagels Shark Tank Pitch

Nick Oleksaks and Elyse Oleksaks appeared on Shark Tank Season 6, Episode 13, which aired on January 8, 2015, with mini stuffed bagels and pancakes.

Bantam Bagels is listed in the Food Beverage category. In plain terms, the business is described as mini stuffed bagels and pancakes.

Bantam Bagels asked the Sharks for $275,000 for 11%, implying a valuation of about $2.5 million.

On the show, Bantam Bagels made a listed deal with Lori Greiner for $275,000 for 25%.

If treated as straight equity, the listed deal works out to about $1.1 million implied valuation, down from the original $2.5 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Bantam Bagels After Shark Tank

Bantam Bagels accepted an on-air Shark Tank deal for $275,000 for 25%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (Bantam Bagels Shark Tank Update

Bantam Bagels reported sales of $200K. Eventually. The company hope to be in all 7000 plus stores,. Bantam Bagels got a featured segment in Beyond the Tank episode 102, just a few months after their original air date. (Bantam Bagels Shark Tank Update

The official website for Bantam Bagels is listed as www.bantambagels.com. (Bantam Bagels website

Sources

Sources used for this page: Shark Tank API pitches