Yum Crumbs, a delightful brand known for its creative dessert toppings, has been creating quite a buzz in the food industry. Their journey took an exciting turn when they appeared on the popular TV show Shark Tank. Let’s take a closer look at the Yum Crumbs Shark Tank update and see how they have been doing since their appearance on the show.
Yum Crumbs Overview
Yum Crumbs was founded by Delson Jeanvilma, who had the idea to turn cookies into versatile sprinkle-like toppings. Their product line includes classic flavors like chocolate chip and birthday cake, as well as seasonal varieties like pumpkin spice and candy cane.
You can buy individual flavors, sample packs, or in bulk. Yum Crumbs had already built an impressive business before Shark Tank, with partnerships with major retailers and over $1.7 million in total sales.
Shark Tank Appearance
When Delson pitched Yum Crumbs on Shark Tank, he was seeking $100,000 for 10% of the company. He explained that their own manufacturing facility was at max capacity, producing 4,000 pounds of product per month.
In the previous year, Yum Crumbs had done $575,000 in sales with a $200,000 profit. By the time of filming, they were on track to hit $900,000 in annual sales.
The Sharks were impressed by Yum Crumbs’ growth and profit margins. After some negotiation, Delson accepted a joint offer from Barbara Corcoran and Daymond John – $100,000 for 20% equity in the company.
Yum Crumbs Shark Tank Update
So what’s happened with Yum Crumbs since their Shark Tank appearance? From the updates shared, it seems the company is doing very well.
After the show, Yum Crumbs partnered with True Scoops to create DIY ice cream sandwich kits – a smart way to expand their product line. They also introduced special bundles featuring Barbara and Daymond’s favorite Yum Crumbs flavors.
On their website, Yum Crumbs has maintained an impressive 5-star rating with over 1,100 customer reviews. They’ve continued growing their social media following and frequently post about new products and partnerships.
In April 2024, it hasn’t been officially confirmed if the deal with Barbara and Daymond closed. However, Daymond expressed his excitement about working with Yum Crumbs on social media, which is a good sign.
Post-Shark Tank Developments
Delson Jeanvilma and his son Zaydon wowed the Sharks with their tasty product and heartwarming story. Despite asking for just 10% equity initially, they ended up securing a deal with Barbara Corcoran and Daymond John for $100,000 in exchange for 20%.
This partnership has helped propel Yum Crumbs to new heights. They’ve expanded their product line to include over 24 delicious flavors that add a pop of flavor and texture to any dessert. And they’ve been busy making connections too – Yum Crumbs can now be found at major retailers like Wawa.
One of their most exciting recent partnerships is with True Scoops. Together, they’ve created DIY dessert kits that let you get creative with your favorite Yum Crumbs toppings at home. It’s a match made in dessert heaven!
Sales Figures & Milestones
At the time of their Shark Tank pitch, Yum Crumbs was already making waves with $1.7 million in lifetime sales over just three years. The previous year alone, they brought in an impressive $462,000. And their projections for the year of the pitch were even sweeter at over $900,000.
Since then, Yum Crumbs has continued to see rapid growth. Their manufacturing facility is working at maximum capacity to keep up with demand. And it’s no wonder – each unit of Yum Crumbs retails for $5.49 but costs only $0.42 to make. Those margins are as delectable as their toppings!
Bulk purchases have also been key to Yum Crumbs’ success. By offering larger quantities, they’ve been able to secure big clients and really boost their bottom line. With each sweet deal, Yum Crumbs just keeps on growing.
Yum Crumbs Current Status
So where is Yum Crumbs today? In a word – thriving! This dessert topping company is still very much in business and shows no signs of slowing down.
With the guidance and connections of Barbara and Daymond, Yum Crumbs has been able to expand both their product offerings and their distribution. You can find their delightful toppings in more and more stores across the country.
They’ve also built a strong presence on social media, engaging with their fans and tempting them with mouthwatering photos of Yum Crumbs creations. It’s a smart move that keeps their customers coming back for more.
All in all, the future looks bright for Yum Crumbs. They’ve got a winning product, a dynamic father-son duo at the helm, and the backing of two amazing Sharks. We can’t wait to see what sweet success they cook up next!
Conclusion
Yum Crumbs has turned its “Shark Tank” appearance into a great success. After making a deal with Barbara Corcoran and Daymond John, the company has grown quickly, adding new products and forming important partnerships. Their creative cookie toppings are now available in more stores and have earned a strong following online. With continued support and smart business moves, Yum Crumbs is thriving and looks set for even more success in the future.
