Go Oats Oatmeal, a frozen oatmeal brand that debuted on Season 12 of Shark Tank, makes oatmeal that is high in nutrition. Many people recommend oatmeal for breakfast, for example. And this product was created to make it taste better in less time. Nahum Jeannot, the product’s creator, has sought for $150,000 in exchange for a 10% stake in his company on Shark Tank.
We did some research and discovered that the market worth of oatmeal was $4.97 billion in 2020, but might increase to $8.63 billion by 2027. Oatmeal is a nutrient-dense breakfast item that most parents prefer to serve to their children.
What Is The Go Oats Net Worth?
Net Worth of Go Oats In 2022, it will be $800,000, and it will continue to rise. His sales were declining significantly during COVID19, but with his new strategic strategy, he is now focused on increasing product sales. It’s currently available in more than 20 Hainan’s and 60 Whole Foods locations throughout seven states.
What Is Go Oats Oatmeal?
Go Oats is a frozen oatmeal company that focuses on offering nutritional oatmeal cuisine in a ready-to-eat style to consumers. This enterprise began in Alexandria, Virginia, and has now expanded to numerous cities and supermarkets throughout the United States.
Oatmeal is a versatile food that can be had at any time of days, such as for breakfast, lunch, or dinner. It is high in nutrition, which aids in the maintenance of human health.
This business specializes in the production of oats. Produce Oatmeal In a Ball, it goes through three processes. First and foremost, he picks high-quality steel-cut oats and prepares this product by combining fresh dairy milk with natural flavors. After that, this item is ready to be sent to your home.
Who Is The Founder Of Go Oats?
Nahum Jeannot is the founder of Go Oats, and he is from Alexandria, Virginia, in the United States. Along with the Founder Intrapreneur, there is also a chef. The Restaurant School at Walnut Hill College awarded him a Bachelor’s degree in Culinary Arts and Related Services/Hospitality Management.
He worked at Goodwinhouse Baileys Crossroads for three years after finishing his education. He used to work at the Hyatt Regency Tysons Corner Center as a banquet cook. He created this brand after quitting his job.
Go Oats Before Shark Tank:
Before Shark Tank, Go Oats was already selling their product. Both online and offline versions are available. This product is quite popular, and it is also accessible in large supermarkets. Their items can be found in over 100 locations around the United States. This brand’s items can be found at Dawsons Market, Gelson’s, Meijer, Vons, Whole Foods Market, and other stores.
Did Go Oats Get a Deal on Shark Tank?
Following his appearance on Shark Tank, Go Oats founder Nahum Jeannot delivered an excellent pitch. He also told Shark about the product’s feature set and what it will be worth in the future. Shark was requested to contribute $150,000 in exchange for a 10% stake in the company by the entrepreneur.
Barbara Corcoran finally took the decision to invest in this firm after much deliberation. Shark made a $150,000 investment in this firm in exchange for a 20% stake in the company.
What Happened To Go Oats After Shark Tank?
Go Oats will spend its money on marketing and manufacturing after receiving funds from Shark Tank. His goods was given away for free on television, and as a result, he received a large number of orders. Because this company operates on a regular and subscription basis, it is currently running a 10% off sale.