Maximize health & energy with Simply Good Jars – portable salads in a jar. Try the new Cobb Salad, Smoked Salmon Salad, Chicken Quinoa, or Greek Salad!
Busy people frequently choose quick, easy-to-get food that is also often unhealthy. One type of fast food that is distinct is Simply Good Jars. These are portable, healthful salads in a jar. After presenting the concept on Shark Tank, founder Jared Cannon struck a deal with Mark Cuban and Lori Greiner. The valuation of Simply Good Jars as of 2023 is $6 million.
What Is Simply Good Jars?
A healthy ready-to-eat salad called Good Jars is packaged in a jar. Fresh salad components that are excellent for your health are included in their jars. The same firm provides Cobb Salad, Smoked Salmon Salad, Chicken Quinoa, and Greek Salad; many people have varied salad preferences.
This fresh salad keeps you healthy and active while building muscle and is made with high-quality ingredients. Before making it eight, shake the salad in the jar for a few seconds to ensure you have combined it. It’s ready to eat right now. Upon completion of the fresh salad, this plastic jar can be reused. You may keep nuts, eggs, pencils, and other items in this jar.
What Is The Simply Good Jars’ Net Worth?
With sales expected to reach $4 million by the end of 2021, the company inked a deal with Shark Tank in 2021 at a $5 million value. Based on these data, Simply Good Jar may be worth $1.3 million. Right now, this company is expanding rapidly.
Who Is The Founder Of Simply Good Jars?
Born and raised in Philadelphia, Pennsylvania, Jared Cannon received culinary training at the Culinary Institute of America. He holds an MBA from Temple University and a bachelor’s degree in restaurant management from Florida International University.
The native of Pennsylvania began his work experience as a line cook at Iron Hill Brewery & Restaurant and Outback Steakhouse. He took over as head chef at Bistro 821 in 2005. He started working at the Ritz-Carlton Hotel Company a year later.
After that, FS Food Group and Stratos Restaurant Group employed him as a sous chef. He returned to Iron Hill in 2012 as an executive chef, a role he held at Tria and Di Bruno Bros.
Simply Good Jars Before Shark Tank
After taking out a $1,000 loan to launch the firm, Cannon began receiving advance orders a few months later. Cannon is knowledgeable about the components of healthy foods and is also aware of what is environmentally friendly. Not only is the salad prepared using Simply Good Jars nutritious and fresh, but the jars may be reused. Meals from Good Jars are donated to various neighborhood groups.
In October, Cannon won the 2020 Greater Philadelphia Award for Entrepreneur of the Year. A CrunchBase report states that in the 2018 pre-seed round, Investor’s Circle, Robin Hood Ventures, and SOSV contributed $675k to Simply Good Jars. We received $110K in fundraising through convertible notes in 2020 after raising $1.6M in a preliminary round in 2019.
In an interview with Victor Fiorillo of PhillyMag on March 2, Cannon said he had raised $4 million in investment over the previous four years.
Simply Good Jars After Shark Tank
More than 750,000 requests were made after the Shark Tank episode aired. Sales for the salad firm increased by 1,500% as well. According to Sharktankblog.com, the contract with Mark and Lori never concluded. As they say, “you don’t win friends with salad.”
The same is true when it comes to sharks! Still, Jared followed Mark’s recommendation to give up fundraising and concentrate on sales. This aided his company in reaching a deal with delivery service GoPuff and convenience shop Wawa. The jarred salads are also available for purchase on their website, SimplyGoodJars.com.
Simply Good Jars is doing well on its own, garnering feedback on Facebook and Google that is primarily five stars. In 2023, sales ranged from $700,000 to $750,000. Konaequity.com states that Good Jars’ current yearly revenue is $4.529 million. Despite having an estimated $6 million in value, the company is still losing money. The ideal situation would be to be purchased by a more significant business, as with Plated, which Albertsons purchased for $300 million.
Update on Simply Good Jars’ Shark Tank
Shark Tank gave this startup an investor, including Mark Cuban and Lori Greiner. It has been offered in over thirty-one locations throughout Philadelphia as of November 2023.
This company is trying to get its salad jars into other countries. It attempts to send the goods to the US, Canada, and Europe. As of November 2023, this corporation has generated more than $4.5 million in revenue annually.
How does Simply Good Jars work?
Good Jars offers a menu of delicious and nutritious meals that customers can order online or purchase from select retail locations. The meals are conveniently packaged in glass jars, which can be returned and reused.
Are Simply Good Jars meals healthy?
Simply Good Jars provides healthy meals from fresh, locally sourced ingredients. Their menu includes various options to cater to different dietary preferences and restrictions.
How do I order from Simply Good Jars?
You can order Simply Good Jars meals through their website or mobile app. Select your preferred meals from the menu, add them to your cart, and proceed with the checkout process.
Can I customize my Simply Good Jars meals?
Yes, Simply Good Jars allows some customization options. Customers can choose from meals that accommodate vegan, gluten-free, or low-carb dietary preferences.
How are Simply Good Jars meals packaged?
Simply Good Jars meals are packaged in reusable glass jars. The jars are sealed to maintain freshness and can be returned to participating locations for cleaning and reuse.
Where can I find Simply Good Jars?
Simply Good Jars is available for online ordering and can also be found at select retail locations. They may have partnerships with local cafes, markets, or grocery stores.
Can I recycle the Simply Good Jars packaging?
Yes, the glass jars used by Simply Good Jars are fully recyclable. However, the company encourages customers to return the jars for reuse to reduce waste and promote sustainability.
How long do Simply Good Jars meals last?
The shelf life of Simply Good Jars meals varies depending on the specific dish. However, they are generally designed to be enjoyed within a few days of delivery or purchase.
Does Simply Good Jars offer meal subscriptions?
Yes, Simply Good Jars offers subscription options for customers who want to receive their meals regularly. Subscriptions can provide convenience and savings for those who enjoy their meals frequently.
