Just the Cheese Net Worth in 2024: David Scharfman grew up in Wisconsin in the cheese business, so it shouldn’t have been a surprise that his showing on Season 11 of “Shark Tank” had something to do with this tasty dairy product.
Scharfman’s company, which was appropriately named Just The Cheese, made crunchy, all-cheese snack bars that came in different tastes.
They got the idea from the cheese that drips into the pan and turns crunchy while making grilled cheese sandwiches. Read on to find the net worth of the company from this article.
Just the Cheese Net Worth in 2024
Cheese has good things for you in it like protein and calcium. But it also has a lot of salt and saturated fats. Just the Cheese has gluten-free and low-carb cheese crisps that you can buy if you don’t want to do this.
David Scharfman made a great pitch, but the Sharks wouldn’t agree to the deal. Techie Gamers says that Just the Cheese is worth about $10 million as of 2024.
Appearance on Shark Tank
David looked for partners to help his business grow, and in 2019 he was on season 11 of Shark Tank. He gave the Sharks a taste of the product as soon as he got on the show’s stage before getting into the business’s finances. Most of the Sharks didn’t like the taste, but they did like the creator.
Daniel Lubetzky, a guest shark, said that other companies sell similar goods. David defended his business because he thinks his product is better. After a while, the Sharks said that the profit margins were too low, and most of them pulled out. Kevin still made an offer of $500,000.
The price was $0.20 per bar. Lori Greiner made a similar income offer, but she quickly pulled out, which was very funny. David was about to turn down the offer.
Cuban tried to get a deal at the last minute, but the amount of stock he wanted was too high. After Shark, The Show brought a lot of attention to the cheese brand, but it didn’t get the deal.
The brand has been written about in The New York Times, The Boston Globe, Food Network, Today, and other places. Just the Cheese’s products can now be bought at 7-Eleven stores all over the US. You can buy them at more than 700 shops, including Target, Walmart, and their website, JustTheCheese.com.
There are over 8,500 fans of the company’s brand on Instagram and over 3,400 followers on Facebook. The brand looks much better. Amazon is a big reason why people buy things, and it was a big part of its $4 million in sales in 2021.
Rauschman’s business is making steady progress, but it’s taking a long time. Right now, Just the Cheese is worth $10 million. John B. Sanfilippo & Son bought Just the Cheese in December 2022 for an amount that was not made public.
Where is Just the Cheese now?
There are still a lot of people who like the cheesy Wisconsin brand today. Nearly 9,000 people follow Just the Cheese on Instagram, and 3,600 people follow and like the page on Facebook.
The brand’s website says it has been featured in Food Network, Buzzfeed, Today, and The New York Times. It’s also a “Snack Safely” approved snack, which means it doesn’t contain any big allergens and is safe to eat in schools.
Because of its media coverage and large social media following, Just the Cheese has become a well-known brand.
The website for Just the Cheese says that David Scharfman and his wife Connie are still in charge of the business, but Dairy Foods says that in late 2022, John B. Sanfilippo & Son Inc. bought all of the company’s assets from Specialty Cheese Co. Inc.
It is thought that Just the Cheese will have a net worth of $10 million by 2023 and make $4 million a year.
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