Element Bars entrepreneur and fitness enthusiast Jonathan Miller got tired of the mass-produced energy bars packed with high fructose syrup, which delivered him a rapid boost of energy, but then left him to “crash.
He introduced Element Bars to the Shark Tank in season 1 episode 106. There was nothing in the market. That matched his preferences or nutritional needs. Miller started to experiment with his own recipes for energy bars that suited his tastes or nutritional needs.
which are rich in fiber and protein, and that are low in sugars as well as saturated fats. He was impressed by his creations and He wanted to share his ideas to the rest of humanity, and so He created Element Bars that allow people to create
Their own energy bars, online , and in accordance with their personal preferences and nutritional needs. All Element Bars are made of the least processed or raw ingredients.
Element Bars Pitches the Sharks
Miller was on the Shark Tank seeking $150K as a the form of a retum to get 15 percent of his business. In the moment of tape, he was delivering around 1,000 per week. He wanted to tap with the Sharks to finance his business. for the higher levels. Customers can visit Element Bars’ website to learn more about the Element Bars website and create their own energy
bars that come with a personal label, are only $2.99 for each bar. The bars are delivered to the home of the buyer within from a week to ten weeks after placing an order. Jonathan also delivered individual snacks for the Sharks to Show the products.
Miller was awestruck by the Sharks with his business acumen and negotiation abilities. Miller impressed the Sharks are fans of Jonathan And the Bars. Daymond is asking $150K for 75 percent of the business. Kevin Harrington offers $150K for
100 percent of the company plus an 4% royalty! Miller refuses both offers and talks with Harrington,
The final agreement was $150K for 30% and an additional 4percent royalty.
Element Bars Beyond the Shark Tank
Even though the deal did not close with Kevin the company, it was mentioned in a follow-up segment
episode 401 from season episode 401 of season. Since Miller’s debut performance in the season one Element Bars moved into its
A production facility of its own is producing energy bars at an incredibly fast speed. Prior to the upgrade sector, Element Bars shipped their 1 millionth bar and has no sign of slowing down their sales pace.
Now, fast forward to July 2021, and the company remains in operation however, it has changed its direction. Instead of offering bars directly to customers The company has evolved into co-packer. They offer private labels
Bar creation is available to brand owners and entrepreneurs who are just beginning their careers. According to their website, they provide companies which “launched in partnership with us with 1,000 bars, and are now distributed to stores across the United States and abroad.
