Are you looking for a fun and unique dessert option?
Look no further than Sweet Ballz! These delicious cake balls come in a variety of flavors and are the perfect sweet treat. But it’s not just the taste that sets Sweet Ballz apart – their appearance on Shark Tank brought them national attention and helped skyrocket their success.
Sweet Ballz has been delighting many families and friends for years with its cake balls that have hit various Birthdays, Parties, and events for many generations.
In 2013, Sweet Ballz ventured into Mass Production and people loved it. One of the fancy television shows on Sweet Ballz made them more famous and successful. Cake balls are now available to order online as well directly from their website.
Sweet Ballz at a glance:
| EPISODE NO | Season 5 Episode 1 |
| BUSINESS IDEA | Sweet Cake Balls |
| FOUNDER | James McDonald And Cole Egger |
| ASKED FOR | $250,000 For 10% |
| ACCEPTED OFFER | $250,000 For 25% |
| SHARK | Mark Cuban And Barbara Corcoran |
| BUSINESS STATUS | In Business |
| WEBSITE | Sweet Ballz |
| BUY ON AMAZON | Buy Now! |
Index:
Who owns Sweet Ballz?
James and Cole have been passionate about the frozen food business and entered the cake balls business called Sweet Ballz. The duo did well after Shark Tank as the products were sold in almost 95% of the 7-11 Stores and gained almost $700K in revenue currently in the previous 90 days.
What is Sweet Ballz?
“Sweet Ballz” is a food company that specializes in cake balls, which are cake pop-sized spheres made from cake, frosting, and other ingredients. They come in various flavors and are sold in packs at retail locations across the United States.
How was the Sweet Ballz Shark Tank pitch?
James McDonald and Cole Egger came into the Shark Tank show seeking $250 K for 10% of their business. Their products were packaged and tasted good. Robert enquired about their current sales and the duo replied their current sale of $700K was from 7-11 stores.
He quickly asks then why do you need money now? Cole explains their current cycle takes 21 days to deliver and by scaling up the production line with an additional investment of 250,000 they can reduce this timeline and deliver to market faster.
Barbara tries her first attempt with $250K for 40% which is followed by Kevin with 250K for a 30% offer. To better the surprise Robert believes that he can bring them into Costco stores so makes an offer of $250K at 25%.
The trio Robert, Lori, and Kevin come together to propose an offer of $250K for 30%. However, the duo of Mark and Barbara who make a counteroffer of $250K at 25% become victorious. James and Cole get a sweet deal from Mark and Barbara.
What Happened to Sweet Ballz after Shark Tank?
James and Cole did get a deal from Shark Tank but the episode later turned hostile as the partners got into a legal issue. James was concerned that in parallel to Sweet Ballz another line of business by Cole was being done named Cake Balls(Cakeballz.com not active now), which led to a legal battle between the two.
After the legal battle was over the companies remained both Sweet Balls and Cake Ball. The company is in business and their website is also functional with a variety of products and bulk offer products also available.
In 2021, Sweet Balls did generate revenue of around $5 million. Currently, the Online store is there but cannot take orders for the summer and will be open for orders in fall again.
Sweet Ballz net worth:
At the time of the shark tank appearance, Sweet Ballz was valued at around $1 million. In 2021, Sweet Balls did generate revenue of around $5 million, which signifies their increase in net worth.
Sweet Ballz PRODUCT ANALYSIS:
- Business with their own Cake Ball recipes which has been passed on for generations.
- Comes in three flavors and in a pack of four in beautiful packaging.
- Fun Packs are also available for occasions like Birthday parties, etc.
- No-bake cake balls.
Interesting facts about Sweet Ballz:
- Sweet Balls if kept frozen can stay up to one year of shelf life.
- Flavors are Cream, Chocolate, and Red Velvet.
- Sweet Balls are to be consumed within three weeks after arriving for best results. Can be kept in a frozen state for a long.
- Currently available only in the US market and soon will be available internationally.
Is Sweet Ballz still in business?
What a story it is, James and Cloe winning the deal at Shark Tank and getting into a legal battle among themselves, and finally remaining in the business has been a long saga for Sweet Balls. Sweet Balls Website is working however, they are not taking orders in the summer. Will restart taking orders from the fall.
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What is Sweet Ballz?
“Sweet Ballz” is a food company that specializes in cake balls, which are cake pop-sized spheres made from cake, frosting, and other ingredients. They come in various flavors and are sold in packs at retail locations across the United States.
Who founded Sweet Ballz?
James and Cole have been passionate about the frozen food business and entered the cake balls business called Sweet Ballz.