What Happened to Sweet Ballz After the Shark Tank Pitch?

What is Sweet Ballz?

Sweet Ballz is a line of “thick, fudgy spheres covered in icing” created by two young guys from Dallas.

Who Founded Sweet Ballz?

James McDonald and Cole Egger formed Sweet Ballz.

McDonald’s has been making cake balls for years, and its distribution has grown from producing them for friends and family to over 5,000 retail shops throughout the country.

In June 2013, the business staged a testicular cancer fund-raiser, prompting various Dallas-area news outlets to speculate on whether the claimed fund-raiser was a fake.

The company has a dynamic business strategy and sells its products through thousands of 7-11 stores.

Despite the fact that the 7-11 deal was unveiled in March 2013, the company’s website does not have an online ordering mechanism.

What Happened to Sweet Ballz at the Shark Tank Pitch?

In Season 5, Episode 1 of Shark Tank, James McDonald and Cole Egger entered the Sharks, seeking a $250,000 investment in exchange for 10% shares in their Dallas, Texas-based start-up ‘Sweet Ballz.’

This equates to a $2.5 million valuation.

They began with the debut of the product. James and Cole piqued the Sharks’ interest right away by disclosing that their product had already produced $700,000 in sales in the preceding three months.

The majority of these sales were made possible via a distribution partnership with over 5,000 7-11 outlets across the United States.

This offer demonstrated not only that Sweet Ballz was a viable company concept with the potential for big profit, but also that James and Cole are a dynamic duo capable of making things happen for them.

As a result, there was an influx of investment bids.

Barbara first sought to purchase Sweet Ballz, paying $250K for 40% of the firm.

Kevin answered with a $250,000 offer for 30%, but he wants a monthly payout based on McDonald and Egger’s wages.

Lori is also in the game; she intends to sell the products on QVC and give $250,000 for 36%, similar to Mr.

Robert wants in on the fun and offers $250K for a 25% ownership in the company; he feels that with his connections, he can introduce Sweet Ballz into Costco stores.

Mark hasn’t been heard from in a long time, and he offers to come in with Barbara for $250,000 in exchange for a 25% stake.

As a result, Robert, Lori, and Kevin band together and make a $250,000 offer in return for 30%. Each of the five Sharks is looking for some Ballz.

James and Cole decide to join Mark and Barbara in leaving the Shark Tank with a Sweet Deal; unfortunately, their deals quickly sour after the episode airs.

What Happened to Sweet Ballz After the Shark Tank Pitch?

McDonald filed a lawsuit against his co-worker Egger less than two weeks after the show aired.

According to the lawsuit, Egger “seized control” of the Sweet Balls website and redirected users from it (Sweetballz.net) to the new domain Cakeballz.com (which is now defunct).

McDonald also asked for a temporary restraining order and a permanent injunction prohibiting Egger’s selling of “dessert balls that compete directly with SweetBallz.”

As of November 2015, Sweetballz.com is the official website of the original SweetBallz cake balls.

Cookies & Cream, Red Velvet, and Chocolate are the three flavours available.

A variety six-pack (containing 24 cake balls) costs $33.

The cake balls should be eaten within three weeks for the best flavour, but they may also be refrigerated for up to a year.

After the dust settled, two companies remained:

As of August 2021, the firm is still in operation. They specialize in food service distribution and also own a co-packing plant. The company’s annual revenue is anticipated to be $5 million.

What is the Net Worth of Sweet Ballz?

James McDonald and Cole Egger approached the Sharks for a $250,000 investment in exchange for 10% shares.

This equates to a $2.5 million valuation. They accepted an offer of $ 250,000 from Mark and Barbara for a 25% share in the company valued at $1 million.

Who are the Competitors of Sweet Ballz?

Amazeballz, Porch Swing Desserts, and Cake Ball are among Sweet Ballz’s main competitors.

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Sweet Ballz FAQS

Is Sweet Ballz still in business?

As of August 2021, the firm is still in operation. They specialize in food service distribution and also own a co-packing plant.

What are shark tank’s Sweet balls?

Sweet Ballz is a brand of “thick, fudgy spheres covered in icing” created by James McDonald and Cole Egger, two young Dallas men.

They worked together on a Shark Tank proposition. Investors Mark Cuban and Barbara Corcoran announced that they would give them $250k for a 25% interest in the company.

Who owns Sweet Ballz?

Sweet Ballz is a brand of “thick, fudgy spheres covered in icing” created by James McDonald and Cole Egger, two young Dallas men.

They worked together to present their company to Shark Tan.

What happened to Sweet Ballz?

After the dust settled, two companies remained: The Cake Ball Company and Sweet Balls.

As of August 2021, the firm is still in operation.

They specialize in food service distribution and also own a co-packing plant.

Where is Sweet Ballz located?

The headquarters of the corporation are in Dallas, Texas.

How much did Sweet Ballz set you back?

A variety six-pack (24 cake balls) costs $33.

Is Sweet Ballz gluten free?

Sweet Ballz does not appear to be gluten-free. However, they should always consult with the firm first.

Is Sweet Ballz Kosher?

Sweet Ballz does not appear to be certified Kosher.

My Sweet Ballz just arrived, how many days shelf life do they have?

When stored frozen, their Sweet Ballz have a one-year shelf life. Customers should consume their cargo within three weeks of receiving it for the best flavour effects.

Can they put the Sweet Ballz in the freezer when they arrive?

Sweet Ballz will arrive at their door at roughly room temperature. The Sweet Ballz can be refreeze, however the product may dry up and the flavour profile may change.

How do they ship their product?

Their product is packaged in a thermal cooler for shipment. Dry ice is occasionally included in their shipments to keep the products cool.

Where do they make their money?

Sweet Ballz earns money by selling their products wholesale to food service operators and retail shop owners.

Why James McDonald did sues Cole Egger?

According to the lawsuit, Egger took over the Sweet Balls website and routed users from there (Sweetballz.net) to the new domain Cakeballz.com (now defunct).

McDonald also sought a temporary restraining order and a permanent injunction against Egger’s sale of “dessert balls that compete directly with product SweetBallz.”

How does the Sweet Ballz business model work?

Sweet Ballz earns money by selling their products wholesale to food service operators and retail shop owners.

When was Sweet Ballz aired on Shark Tank Pitch?

On September 20th, 2013, Sweet Ballz was featured in Season 5 Episode 1.

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