Pnuff Crunch is a healthy, nutritious, and gluten-free puff snack company, founded by Dr. Juan Salinas, Ph.D. holder in Food Science. In 2020, Dr. Salinas went to the Shark Tank seeking $300,000 in exchange for ten percent equity. As of 2024, Pnuff Crunch’s estimated net worth is $4.11 million.
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Pnuff Crunch Net Worth
West Orange, New Jersey based snack company Pnuff Crunch makes money by selling a variety of baked peanut puff snacks ranging from 3-pack 4oz bags for $14.99 to 15-pack 4oz bags for 49.99. They sell their products both online and also a few offline stores in the United States.
American first nutrition-based peanut puff snack company Pnuff Crunch’s estimated net worth is $4.11 million including assets, goodwill, and brand value.
Initially, Dr. Juan Salinas invested $375,000 in the company of which $135,000 was his own money and $250,000 he borrowed from his brother.
In 2019, they sold $104,000 and in the first two quarters of 2020, they sold $65,000, and the following year sales were projected to be $200,000.
| Company name | Perfect Life Nutrition |
| Brand | Pnuff Crunch |
| Founder | Dr. Juan Salinas |
| Founded | 2015 |
| Industries | Food and Beverage Services |
| Headquarters | West Orange, New Jersey, U.S. |
| Products | Peanut Puff Snack |
| Business Type | Partnership |
| Patents | N/A or Zero |
| Net worth | $ 4.11 Million |
| Revenue | $ 1 Million |
| Company value | $ 6 Million |
| Investors | 1 |
| Owner | 2 |
Also read – Larq After Shark Tank, Net worth, Funding, Revenue, Sales, Owner
Pnuff Crunch Shark Tank Funding
| Date | 23 October 2020 |
| TV show | Shark Tank Episode 2, Season 12 |
| Asking for | $300,000 for 10% equity |
| Final deal | $400K for 25% equity |
| Sharks in | Mark Cuban |
| Sharks out | Kendra Scott, Barbara Corcoran, Lori Greiner, and Kevin O’Leary |
Also read – Foam Party Hats Net Worth, After Shark Tank, Sales, Update, Value
Pnuff Crunch Shark Tank Pitch, Offer, and Video
No Shark made any offer except Mark Cuban.
Here’s the pitch between Mark Cuban and Dr. Juan Salinas…
Juan Salinas: Seeking $300K for 10 equity
Mark Cuban: Mark made an initial offer saying I’m gonna change your life, 300K for 25% equity
Juan Salinas: Juan countered with $300K for 15% equity
Mark Cuban: Mark did not accept the offer saying It’s just not worth it and he got a load of money.
Juan Salinas: Then Juan asked to do it in the middle.
Mark Cuban: But, Mark declined the offer saying I’ll increase the cash to $400K for 25% equity.
Juan Salinas: Countered with 20% for $400K but Mark did not accept it, eventually, Juan accepted Mark’s second offer of $400K for 25% equity and they closed the deal.
Pnuff Crunch After Shark Tank Update
After Shark Tank, founder, and CEO Juan has updated and redesigned the company’s website and also introduced two new products, Pnuff Cheddar Jalapeno, and Pnuff BBQ, at a price of $24.96.
They also changed their selling strategy after Shark Tank; before, they only sold products but after Shark Tank, they introduce a new subscription-based sales model.
P-nuff has gotten national and international reach after the TV show Shark Tank, now they heavily promote their product through social media and various podcasts.
Also read – Rumpl Blanket After Shark Tank, Net worth, Funding, Sales, Revenue, Owner
Social media account…
| pnuffcrunch |
FAQs
Does Mark Cuban own Pnuff Crunch?
Yes, Mark Cuban owns 25% of the company.
Who is the owner of P-nuff Crunch?
P-nuff Crunch’s owners are founder Dr. Juan Salinas and his family and Mark Cuban.
Did Pnuff get a deal on Shark Tank?
Yes, Pnuff got a deal on Shark Tank from Mark Cuban for $400K for 25% equity.
How much is Pnuff Crunch worth?
Pnuff Crunch’s net worth is $ 4.11 Million.
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