Back 9 Dips is a unique and delicious concept to eat chicken wings. Back 9 dips offer barbeque chicken wings mixed with dip. The chicken breasts are blended with different sauces.
The sauces are used with chicken wings. The customer can achieve their fitness goals by performing 9 dips before each meal. All the calories get absorbed and people can enjoy all the tastes they want.
Back 9 Dips gained popularity by collaborating with the radio jock Bubba and creating Bubba’s Back Nine Chicken Dip. They joined hands with a packaging company and started selling their products at Publix supermarkets in Tampa.
Back 9 dips at a Glance:-
Idea | Chicken based dips |
Founders | Nique Mealy and David Mealy |
Asked For | $150,000 for 15% |
Accepted Deal | $150,000 for 25% |
Sharks | Robert Herjavec and Lori Greiner |
Business status | In Business |
Episode No. | Season 3, Episode 4 |
Website | Back 9 Dips |
Index:
Who are the founders of Back 9 Dips?
David and Nique Mealey are the founders of Back 9 Dips. When David used to work as a salesperson, He and his wife decided to start back 9 cantering business. David had also shared on many platforms that he loves to cook and there he saw an opportunity to follow his passion and they took a chance on it.
Once, David noticed that a group of individuals were enjoying their dips. So, they decided to promote their dips and they gradually took a step towards it.
They started packing and selling it individually in the market. Meanwhile, they collaborated with Shock Jock and Bubba with a love for the successful and smooth launch of the product.
Did Back 9 Dips get a deal on the Shark Tank?
David and Nique came on the show seeking an investment of $150,000 for an exchange of 15% equity. David served his sample in front of the shark before they made any decisions.
While pitching, Nique shared that to date they had sold dips worth rupees $400,000. After the exchange of words, Lori Greiner came forward and shared that she had loved the dips but she wasn’t the right shark to go with and she went out.
Kevin O’Leary found it a risky rope and therefore he went out. Mark Cuban clarified that he wouldn’t be the right fit for back 9 dips.
Robert Herjavec didn’t want to invest his money in the food industry and therefore he also went out. Lori Greiner changed her decision and joined Daymond John. Daymond John denied collaborating.
After a while, Robert Herjavec felt that they deserved a chance and he teamed up with Lori. Robert and Lori gave an offer of $150,000 for an exchange of 25% equity in the business. David and Nique immediately said yes and the pitch got closed.
What happened to back 9 dips after the Shark Tank Show?
Once the show aired, back 9 dip sales increased. After the show, they got huge popularity in the market, and people were loving their dips. David and Nique used the heat of the moment and expanded their business in other areas.
During the pitch, they came up with a valuation of $1 million which was updated to $600k by Robert and Lori. After the show, the deal also got closed and both the sharks contributed their experience and contact in back 9 dips.
After enjoying the success line, the company was not able to maintain its hygiene level and ceased under the allergic case. After the show, back 9 dips captured the market area of Florida, Georgia, Ohio, Missouri, and Illinois. Founders also signed a contract with Costco with the help of sharks.
Back 9 dips offer various tastes and options such as Blue Cheese, Southern Sweat heat, and Bubba buffalo chicken dip. Before the show, they were available in around 400 stores but after the show aired, they were available in more than 1200 plus stores. Unfortunately, As of 2022, they are not available in the market.
Competitors of Back 9 dips are:-
- Rose’s hot dogs
- Grilled Subs
What is the net worth of back 9 dips?
As of November 2022, their net worth is unidentified as they are out of the market. They came on the show asking for a valuation of $1 million which was brought down to $600k by the sharks.
Is Back 9 dips still in business?
Back 9 dips are no longer in business. They were very popular when they used to be. Back 9 Dips had some terrible incidents that threw them out of the business world. Their dip spread allergic reactions to the customers which led to the ceasing of their whole operations.
Social Links:
Do Share Your Thoughts:
Do tell us all your thoughts in the comments section below, we look forward to reading all the comments in the section below.
Also, don’t forget to try our Android app 📱 which contains startup case studies and business book insights 📚 , verified business strategies, and no bullshit!!
Related Articles:
- Who are the Sharks and Guest Sharks?
- FiberFix Shark Tank Update
- Hot Tot Shark Tank Update
- Aquapaw Shark Tank Update
- Petnostics Shark Tank Update
- Lucy Drawing Tool Shark Tank Update
FAQs:
What is Back 9 Dips?
Back 9 Dips is a unique and delicious concept to eat chicken wings. Back 9 dips offer barbeque chicken wings mixed with dip. The chicken breasts are blended with different sauces. The sauces are used with chicken wings.
What's the net worth of Back 9 Dips?
The net worth is unidentified as they are out of the market. They came on the show asking for a valuation of $1 million, which the sharks brought down to $600k.