| Highlights:- Delson Jeanvilma, the founder presented a dessert topping on Shark Tank.$1.7 million in sales and deals with major retailers proved winning for the Sharks.Delson agreed to a partnership with Barbara and Daymond after an impassioned presentation. |
Entrepreneur Delson Jeanvilma came on the Shark Tank Season 15 with his son Zaydon and showcased their family’s dessert topping business, Yum Crumbs. Yum Crumbs provides sprinkles alternatives in the form of crumbs, with varying textures and flavors to add a little something extra to any dessert. Did the company walk away with crumbs or cash? Find out in our Yum Crumbs update. If not enough time, here is the spot review of Yum Crumbs Shark Tank Update.
Yum Crumbs At A Glance
| Particulars | Details |
|---|---|
| Name | Yum Crumbs |
| Founder | Delson Jeanvilma |
| Industry | Food and Beverage |
| Product | Cookie-meets-sprinkle dessert toppings |
| Funding | Self-funded and $100,000 from Shark Tank deal |
| Investment Ask | $100,000 |
| Equity Offered | 10% |
| Valuation | $1 million (at the time of Shark Tank pitch) |
Yum Crumbs is marketed as the “fusion of a cookie and sprinkle topping.” There are over 24 flavors, not including the gluten-free and seasonal options. Seasonal flavors include pumpkin spice, candy cane, gingerbread, and so much more.
The “regular” flavors include red velvet cake, strawberry shortcake, lemon pound cake, and several others. They also carry “sour powder,” too, and they offer a sample pack of each flavor. It is designed to add to whatever you are baking in the kitchen.
A 12, 32, or 64-ounce container will cost you $12.99, $29.99, and $44.99, in that order. There is a sample pack allowing you to try all of the normal flavors with 20 1-ounce packets; it costs $19.99. Delson is probably hoping Yum Crumbs Shark Tank Update get him into grocery stores.
Product Information
| Brand | Yum Crumbs |
| Website | www.yumcrumbs.com |
| Fonded Year | 2020 |
| Flavor | Over 24 flavors |
| Item Weight | 6 Ounces |
Yum Crumbs Shark Tank Net Worth
| Particulars | Details |
|---|---|
| Founded | January 2020 |
| Website | https://www.yumcrumbs.com/ |
| Headquarters | Edgewater, Florida, United States |
| Annual (Revenue) | $665,500 million (approximately) |
Per the latest Yum Crumbs Shark Tank update, Delson Jeanvilma pitched a deal of $100,000 for a 10% stake in his business. In essence, he put his company value at $1 million. He proposed a deal to Barbara and Daymond, asking for $100,000 in return for 20% ownership. Thus, the new deal values his company at $500,000. For a speedy Yum Crumbs update, immediately following the television show broadcast, website traffic soared, sales increased, and millions of people around the globe talked about Yum Crumbs on social media. With a projected annual business growth of around 10%, Yum Crumbs’ net worth is estimated to be a whopping $665,500.
Background of the Owner
He began his business in 2020. An order was placed for a bundle of crumb cakes that needed to be filled, and preparing the crumbs was a laborious task. Then, he went to some bakers, who loved the idea of having crumbs pre-made. Then he began to make and package his crumbs, and next thing he knew, it was a good business for him. But little did he know, that this business would lead him to the Shark Tank.
Yum Crumbs Shark Tank Update
| Sharks | Offers |
|---|---|
| Barbara Corcoran | $100k for 15% equity (#1)$50k for 10% equity (#2) |
| Kevin O’Leary | $100k for 12.5% equity (#1) |
| Mark Cuban | No Offer |
| Daymond John | $100k for 15% equity (#1)$50k for 10% equity (#2) |
| Lori Greiner | No Offer |
| Founder’s (Countered) | $100k for 20% equity (Barbara & Daymond) |
| Final Deals | $100 k for 20% equity |
Delson offered a $100,000 agreement for a 10% stake in his company, Yum Crumbs. After presenting the products and pitching financial insights, including sales & revenue, the founder faced counters and offers from the Shark.
1. The Business Overview
- Company’s Lifetime Sales – $1.7 million
- Profit – $200,000 (approximately)
- Product – Yum Crumbs, a dessert topping – sold for $5.49 per pack, with a cost of $0.42.
- Manufacturing – Produced in the 2,500 sqft kitchen facility.
2. The Shark’s Response
- Lori Greiner – Because she focuses on B2C businesses, therefore, she declined.
- Mark Cuban – Appreciated but he was not knowledgeable, so he refused.
- Daymond John – Proposed $100,000 for 25% equity.
- Kevin O’Leary – Offered $100,000 for 20% equity
- Daymond’s Counteroffer – Reduced to 15% equity
- Barbara Corcoran – Took a step ahead and proposed a partnership with Daymond for 25% equity, be he declined the offer.
3. The Final Deal
- An offer of $100,000 for 20% equity was put forward by Delson, to which both Barbara Corcoran and Daymond John concurred, thus sealing the deal.
Know More about Yum Crumbs on Youtube
The Product Availability
According to Yum Crumbs Shark Tank Update, Yum Crumbs is a company that offers a variety of dessert toppings to make any treats tastier. With over 24 flavors, it adds a taste and texture to the ice cream, pancakes, cupcakes, donuts, cookies, shakes, and much more.
They also have different packages and sets, among which are those specifically handpicked by Barbara and Daymond of their preferred flavors. Meanwhile, you can also get free shipping if you spend more than $75 with a special code.
About the availability of the product in the retail market, the investment figures provided by the founder reveal that the cost of each unit is $0.42 and retails for $5.49. Customers can easily obtain the product by placing an order on Yum Crumbs’ official website.
Last But Not The Least
Yum Crumbs has a memorable Shark Tank journey. The entrepreneurial business idea impressed the sharks. Daymond and Barbara extended an offer within the shark tank and thus initiated a partnership with the company. This great partnership and support from Sharks make the entrepreneur feel happy about expanding his business and is devoted to making his print mark in the food industry.