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Zach and Zoe Sweet Bee Farm Shark Tank Update

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The brand name itself suggests the product and service provided by “Zach and Zoe Sweet Bee Farm”. ‘Charity begins at home’, well, in this case, wellbeing and healthcare first begin at home. . When it comes to health, today there are uncountable medicines available, but is anything better than a natural, raw, unprocessed product?  

Zach and Zoe sweet Bee farm is a family business based in New Jersey. The company sells 100% raw honey, free of sugars, wax, and pesticides. There are many companies out there selling raw honey but maybe not with many added flavors to it. Zach and Zoe Sweet Bee Farm have got covered all the taste buds, From Goldenrod, Buckwheat, Beetroot, and Blueberry to Wildflower with Truffle, they have a long list in their pockets. Despite of wide range variety of products the company never has never been just a business but a business that believes in the importance of bee health and follows the path of immunotherapy. How exactly did this Sweet Bee farm named after the brother-sister duo came into being, let’s read in the next section.

Zach and Zoe Sweet Bee Farm at a glance:

IdeaRaw honey and give Importance to Bee Health
FoundersKam Johnson and Summer Johnson
Asked For$150,000 For 10%
Accepted Deal$200,000 For 15%
SharksBarbara Corcoran
Business statusIn Business
Episode No.Season 13, Episode 7
Buy on AmazonBuy Now!

Index:

Founder Story:

As mentioned in the above section “Zach and Zoe Sweet Bee Farm” is a family-owned business, and the owners are the Johnson family. Originally the idea of starting the business popped into the minds of two young enthusiastic brothers and sisters that is Zach and Zoe, they wanted a business that would help the environment.

This idea of their children was executed by Kam and Summer Johnson. But this idea too has a back story. It was in 2015 when Summer Johnson read about raw honey as a natural remedy for her youngest son Zach’s allergic reactions worsened.

After researching a lot about local and raw honey, they proceeded to treat their son with the process of Immunotherapy. After receiving the best results the family not only became the honey sellers but also beekeepers. This business is a very emotional element to the family as it started with their own family member’s well-being.

Did Zach and Zoe Sweet Farm get the deal on shark Tank?

Yes, after some rejections and some counteroffers, the “Zach and Zoe Sweet Bee Farm” cracked the deal with Barbara Corcoran. The company got an investment of $200,000 for 15% of equity. Barbara see herself in the deal and offered $20,000 for 20% of the company in return for getting a counter of $200,000 for 12% while Kevin offered $150,000 for not stock but $1 per jar fee until he gets the $150,000 recouped but it seemed like the Johnson family believed more in Barbara and finalized the deal at 15% stake.

See also  Hoodie Pillow Shark Tank Update

What happened to Zach and Zoe Sweet Bee Farm after Shark Tank?

After winning a deal on Shark Tank the “Zach and Zoe Sweet Bee Farm” website went up. Before Shark Tank the company had a lot of press, they had been Bloomingdale’s, New York Times, and  Many companies like Housekeeping, Buzzfeed, Food Network, and Woman’s Day Family Circle magazine feature the company and became Oprah favorite after Shark Tank.

  • Change in the business valuation- Before pitching their business on Shark Tank, in 2018 their sale was $ 62000, in 2019 it was $ 135,000, and in 2021 they rose to $ 888,000 and the valuation was 1.5 million during the pitch and after Shark Tank, the valuation rose to 2.7 million as of in 2022.
  • What are the other products that the company trades- The company’s pure authenticity lies in its raw honey, but besides this, it has expanded its horizons to many other products like e-gift cards, a variety of handmade candles, Beewax lip balm, Tote bags, Water tumbler, and their customized hoodies and tees. There are varied sizes
  • Zach and Zoe Sweet Bee Farm’s revenue today is <$5 Million

Competitors of Zach and Zoe Sweet Bee Farm

  • Horsecreek Bees
  • Rescue Bee Honey
  • Dancing Bear Apiary
  • Link2Bees LLC
  • Cherrybrook Honey Co
  • Buckabee Honey

What’s the net worth of Zach and Zoe Sweet Bee Farm?

The net worth of the “Zach and Zoe Sweet Bee Farm” before Shark Tank was 1.5 million and after the deal with Barbara on Shark Tank, the net worth is ~1.34 million.

Is the company still in business?

The “Zach and Zoe Sweet Bee Farm” indeed is in business, in fact growing faster, and has become popular. As per the claims by Kam in the episode, the company is profitable and has 23% margins, and is likely to grow. They are not limiting themselves to the retail space and engaging in direct customers which increases the sale.

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FAQs:

What is Zach and Zoe Sweet Bee Farm?

Zach and Zoe sweet Bee farm is a family business based in New Jersey. The company sells 100% raw honey, free of sugars, wax, and pesticides.

What's the net worth of Zach and Zoe Sweet Bee Farm ?

The net worth of the company before Shark Tank was 1.5 million and after the deal with Barbara on Shak Tank, the net worth is 2-2.5 million.

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