Last Updated on October 4, 2023 by Benjamin Mulany
When we talk about entrepreneurship and business, there are countless stories of startups and companies striving to make it big. Some succeed, some falter, and a few even make their mark on popular television shows like Shark Tank. One such company that grabbed the spotlight is Cereal Killerz, a Las Vegas-based breakfast cereal bar.
In this blog, we’ll delve into the fascinating journey of Cereal Killerz net worth and try to uncover the secrets behind its success.
|Company Name||Cereal Killerz|
|Entrepreneurs||Jessica Burns, Jason Burns|
|Net Worth||$1.25 million|
|Shark Tank Deal||No Deal|
|Shark Tank Ask||$125,000 for 10%|
|Shark Tank Episode||Season 12 Episode 3|
|Last Updated||October 2023|
What Is Cereal Killerz?
Cereal Killerz is a unique and innovative breakfast cereal bar concept that offers a wide variety of cereals, toppings, and milk options to create customized cereal creations.
Founded by Jessica Burns and Jason Burns, this Las Vegas-based establishment has gained popularity for its creative take on cereal, making it a popular destination for cereal enthusiasts and foodies alike.
It is not your typical breakfast cereal joint. Cereal Killerz is a place where cereal lovers can indulge in their favorite morning treat in ways they never imagined.
With over 140 different cereal varieties and both dairy and non-dairy milk options, Cereal Killerz has carved a unique niche in the food industry.
What Is Cereal Killerz Net Worth In 2023?
Now, let’s get to the heart of the matter – Cereal Killerz net worth. As of the last available data in September 2023, the company’s estimated net worth stands at an impressive $1.25 million.
This is a remarkable feat for a business that started as a passion project based on the founders’ love for cereal.
Furthermore, in November 2021, Cereal Killerz reported an annual revenue of $1 million. This figure is a testament to their ability to attract customers with their unique offerings and quirky charm.
Disclaimer: The information provided in this post is based on available data online through various sources. While we strive to offer accurate and up-to-date information, we cannot guarantee the current accuracy of details. This information is for educational purposes only and should not be considered as facts.
It’s important to note that these numbers reflect the resilience and determination of Jessica and Jason Burns, who continued to grow their business despite the initial setback on Shark Tank.
Cereal Killerz On Shark Tank
One of the defining moments in Cereal Killerz’s journey was its appearance on the hit TV show Shark Tank during Season 12, Episode 3. The founders entered the Tank seeking $125,000 in exchange for a 10% equity stake in their business, valuing Cereal Killerz at $1.2 million.
It was a pivotal moment for the company as they pitched their cereal-themed restaurant and ice-cream shop to the wealthy panel of investors, known as the “Sharks.”
However, despite their innovative concept and the enthusiasm they brought to the Tank, Cereal Killerz did not secure a deal. The Sharks opted not to invest in the business, citing concerns about the limited product line and the high valuation.
While this might have been a setback for many entrepreneurs, Jessica and Jason Burns took it in stride and continued to pursue their dreams.
If you like Cereal Killerz, Swimply is another startup featured on Shark Tank that may interest you.
Post Shark Tank: The Growth of Cereal Killerz
Cereal Killerz’s journey didn’t end with its appearance on Shark Tank. In fact, it was just the beginning. The founders were determined to prove that their concept had the potential to become a major player in the food industry.
What sets Cereal Killerz apart is its commitment to offering a wide variety of cereals, toppings, and milkshake options. The franchise-based business model allowed them to expand their reach and bring the joy of customized cereal creations to more customers.
After the Shark Tank episode, they faced some challenges, including the closure of one of their stores. However, they bounced back and reopened at the Miracle Mile Mall at Planet Hollywood in April 2021.
Not stopping there, they opened two more stores in different locations and had ambitious plans for further expansion, aiming to open more stores in Las Vegas by the end of 2023.
Cereal Killerz’s Impact on the Cereal Industry
Cereal Killerz isn’t just a business success story; it’s also had a significant impact on the cereal and dessert industry. By reimagining the way people experience cereal, they’ve brought a sense of excitement and creativity to a breakfast staple.
This impact extends beyond their own net worth; it’s about creating a unique and memorable experience for their customers.
With their diverse range of offerings, including customized ice cream, milkshakes, waffles, and iced coffees, Cereal Killerz has set a new standard for breakfast cereal.
They’ve turned it into an indulgent treat that people of all ages can enjoy any time of the day.
Is Cereal Killerz a successful company after Shark Tank?
Cereal Killerz has continued to operate and expand after its appearance on Shark Tank, making it a successful company worth $1.25 million despite not securing a deal on the show.
Did Cereal Killerz secure a deal in Shark Tank?
No, Cereal Killerz did not secure a deal on Shark Tank. While they appeared on the show seeking investment, the Sharks opted not to invest in the business due to concerns about the limited product line and the high valuation.
Is Cereal Killerz still operational in 2023?
As of the last available information in April 2023, Cereal Killerz is still operational. They have continued to grow and expand their business, opening new locations and offering a diverse range of cereal-related menu items.
Who is the founder and owner of Cereal Killerz?
Cereal Killerz was founded by Jessica Burns and Jason Burns. They are also the owners of the company and have played a pivotal role in shaping its success.
Final Thoughts: Cereal Killerz Net Worth
In the world of business, success often comes from the ability to adapt, persevere, and turn setbacks into opportunities. Cereal Killerz embodies this spirit perfectly. Despite not securing a deal on Shark Tank, they’ve continued to thrive and grow, becoming a household name in the breakfast cereal world.
Their net worth, estimated at $1.25 million, is a testament to their dedication, creativity, and the quality of their offerings. It’s a success story that reminds us that with passion and determination, even the most unconventional business ideas can become a reality.
So, the next time you’re in Las Vegas or one of the cities lucky enough to have a Cereal Killerz location, consider indulging in a bowl of cereal heaven. You’ll not only savor a delightful treat but also be part of a success story that started with a simple love for cereal.
Benjamin writes and conducts research for AllAboutNetWorth. Ben is a young Canadian man who is now exploring the world. He enjoys both eating and tourism. Benjamin has a strong love for inspiring others to pursue their ambitions. He has explored his interests, vocations, and finances for more than five years. The writings and publications on AllAboutNetWorth are the brainchild of Ben.