What Happened to My Fruity Faces After Shark Tank?
What is My Fruity Faces?
My Fruity Faces are delicious All-Natural Edible Stickers that may be placed on fruits and veggies to make them more fun, exciting, and engaging for kids!
When applied to fruit or vegetables, they are a moisture-sensitive product made completely of edible components that absorb moisture and dissolve into the food.
There are various stickers with whole faces, popular characters, and numerals that encourage children of all ages to eat fruits and vegetables.
My Fruity Faces turns popular children’s goods like stickers and cartoons into nutritious snacks. A parent may now give their child a piece of fruit with a sticker on it. Both the sticker and the fruit are consumed by the youngster; it’s a win-win situation.
Who is the founder of My Fruity Faces?
Adam Gerber and Bob Ntoya launched My Fruity Faces in Altadena, California in 2010. Adam and Bob are two fathers who started this company to help their children make healthier snack choices.
Because most youngsters like stickers and cartoon characters, many food companies use them to advertise cereal and junk food snacks.
My Fruity Faces turns popular children’s goods like stickers and cartoons into nutritious snacks.
A parent may now give their child a piece of fruit with a sticker on it. Both the sticker and the fruit are consumed by the youngster; it’s a win-win situation.
It adds a fun element to snack and meal times: the more time children spend playing with My Fruity Faces, the more fruit and vegetables they consume. The stickers are great for picky eaters and also make great teacher gifts and tools.
My Fruity Faces include characters such as Buddy Bites, Groovy Gals, Monster Munchies, and Playful Pets. They recently licensed the product from Nickelodeon and now sell Sponge Bob and Dora the Explorer stickers.
They claim to be expanding to include more licenses from television shows, feature films, and sports teams.
The product is presently available in Wal-Mart shops in southern California (with more locations planned), on the company’s website, and on Amazon.
What Happened to My Fruity Faces at Shark Tank pitch?
On Shark Tank episode 724, Adam Gerber and Bob Ntoya are hopeful that the Sharks would invest in My Fruity Faces, their line of calorie- and gluten-free edible stickers that promote healthy eating. They are seeking for a Shark to help them grow their retail reach.
Adam and Bob arrived on Shark Tank in seeking of $200,000 in exchange for a 10% stake in their firm, worth $2 million.
When Bob forgets his lines, the pitch takes a turn for the worst, but the two manage to sell the Sharks on their stickers and concept.
The stickers are now on the market and have produced $125,000 in sales over the previous three years.
Kevin O’Leary wanted to know about their most recent sales. In the previous month, they’ve made $2,000 in sales. The Sharks were displeased.
Bob says that they recently obtained a contract as a vendor with Walmart, giving them access to 3,600 stores. In response to the news, the Sharks groan.
The pair does not have purchase orders; all they have is the ability to enter Walmart. Their first sales test demonstrated a 70% sell-through rate.
Adam says that they are now in talks with Target and other major shops. They previously had a Nickelodeon license and think that licensing deals would result in expanded retail sales opportunities.
Despite having a total income of $486,000, the company is now in debt to the tune of $176,000. The metrics for the couple aren’t looking good.
Barbara Corcoran makes her decision completely based on the statistics, and she exits.
Daymond John tells the couple that they made a grave mistake by expecting that money will catapult them to greatness. He believes they should have visited more schools, established more stores, and tried to sell more. He also exits.
Mark Cuban agrees. He believes that rather than aiming to generate deals, they should concentrate on shifting current inventory.
Kevin O’Leary encourages them not to “invest any further cash in this business.” He also exits. “Too many things must happen flawlessly, and they do,” Chris Sacca believes. He also goes out.
“Something was awry,” Mark Cuban was persuaded. He feels that the issue was not with the notion itself, but with its implementation. He doesn’t “want to be the one to fix things.” He eventually went out, and the pair leaves the Tank without a Shark deal.
What Happened to My Fruity Faces after Shark Tank?
Despite the fact that My Fruity Faces did not get a deal with the Sharks, the tenacious tiny firm has persevered. While the proposal failed to persuade the Sharks, the company’s chances were doomed due to poor sales.
They were successful in getting the snack enhancers distributed in three California locations, as well as on the company’s website and on Amazon.
It remains to be seen if the pair, both serial entrepreneurs with many start-ups under their belts, would take the Sharks’ counsel and focus on boosting their sales.
Meanwhile, thanks to My Fruity Faces, youngsters all across the world may enjoy their personalized fruits and veggies. In 2018, the firm terminated operations.
Net Worth of My Fruity Faces
During and after the pitch, the firm was valued at $2 million. Since then, the company has gone out of business, and hence the corporate net worth is unavailable.
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My Fruity Faces FAQs
What is My Fruity Faces?
My Fruity Faces is a firm that sells edible fruit and vegetable stickers. This one-of-a-kind idea has been highlighted in magazines, newspapers, and internet news venues. This is a fantastic idea for kids’ snacks!
Who is the founder?
My Fruity Faces was founded by Adam Gerber and Bob Ntoya. Their aim is to make fruits and vegetables more appealing to people by promoting healthy eating.
How much were they seeking on Shark Tank?
They were seeking for $200,000 in exchange for a 10% stake in their company, which was worth $2 million.
Did they get a deal on Shark Tank?
The Sharks did not invest in my Fruity Faces business.
Is My Fruity Faces still in operation?
In 2018, My Fruity Faces went out of business.
Where was the location of My Fruity Faces?
The company was headquartered in Los Angeles, California.
How to reach My Fruity Faces?
The company’s phone number is not found. They may be contacted through their official website. Their customer service information is likewise unavailable.
Was My Fruity Faces a scam?
My Fruity Faces was not a scam. They closed their doors in 2018 and were unable to achieve success following Shark Tank.
Who was My Fruity Faces’ intended audience?
My Fruity Faces’ target market was parents and children.
How did My Fruity Faces’ business concept fare?
My Fruity Faces’ edible stickers were its distinguishing feature.
What is My Fruity Faces’ income model?
In addition to retail sales, My Fruity Faces sells its goods online and through several e-commerce channels.
How much money did My Fruity Faces make?
My Fruity Faces had not released its entire sales figure.
Was My Fruity Faces suitable for children?
My Fruity Faces was not suitable for children. The concept appeared to be enjoyable, however it was not conveyed in the pitch.
How did My Fruity Faces function?
Fruit and vegetable snacks are not only nutritious for children, but they may also help them live a healthy lifestyle. My Fruity Faces makes eating fruits and vegetables more enjoyable by offering premium edible stickers that can be purchased through the company’s website or from the Amazon store.
Is it possible to purchase My Fruity Faces?
Because the company is no longer in operation, it cannot be acquired.
Can My Fruity Faces be purchased in stores?
My Fruity Faces are available on Amazon. Because the firm went out of business in 2018, there are no alternative options for purchasing these items.
What is the price of My Fruity Faces?
The sticker sets on Amazon start at $4 for 17 stickers, which is around 30% off the regular price. Prices vary depending on quantity and selection.
