The Pizza Cupcake Net Worth
The Pizza Cupcake Net Worth
The Pizza Cupcake is a popular snack for people who love pizza. These mini pizzas can be baked and eaten in 10 to 12 minutes. They are a New York startup which has risen to fame after being featured on Shark Tank. The pizzas are sold in a box of six and have a suggested retail price of $9.99.
The founders of The Pizza Cupcake are Andrea Meggiato and Michelle Jimenez, a husband and wife team. They took their product to Sharks to pitch it to Kevin O’Leary, Daymond John, Lori Greiner, and Robert Herjavec. The Sharks were impressed by their product, which is more than just a cupcake. It provides the same taste as a traditional pizza in a convenient package.
Pizza Cupcake was recently featured on Shark Tank America, where the founders pitched their product to Lori Greiner. The episode increased sales by 900%! It has also expanded into more than 2,000 Walmart stores in the US. The pizza cupcake’s gross sales through Walmart are estimated at over $2 million a year.
Andrea Rossetti was an avid pizza fan, which led her to launch a pizza cupcake business with her wife. Though the first shop closed, online delivery became increasingly popular. The company is now available in retail shops on the East Coast and is valued at $2.5 million. The pizza cupcake net worth is projected to be $2.5 million by 2021.
In the beginning, the pizza cupcake business was a small family operation, but the demand was overwhelming. It also sold frozen food on its website and to front-line workers throughout New York state. Eventually, the owners wanted to raise $125,000 for 10% of the company. Lori Greiner agreed to invest $125,000, and she took a 12.5% stake and 2.5% advisory shares.
Today, Pizza Cupcake is selling over 500 pizza cupcakes a day. This growth has resulted in a pre-order system, which causes delays in shipping orders. Additionally, the business donated 500 pizza cupcakes to frontline healthcare providers in New York City during the pandemic. It has also made charitable donations to the Lower Eastside Girls Club.
Andrea Meggiato has created a gourmet mini pizza that is available in margarita and peperino flavors. The cake has 160 calories and is filled with real mozzarella cheese and imported Italian tomatoes. It is baked using a trade-secret dough that is both savory and flaky. It has now been sold in 25 states of the United States.
Walmart has also taken note of the Pizza Cupcake’s success and is bringing the frozen dessert to stores nationwide. More than 1,600 locations are expected to carry the tasty desserts. Recently, The Pizza Cupcake teamed up with Chrissy Teigen and marketed it as spicy. With Walmart’s nationwide distribution, the pizza cupcake net worth is rapidly rising. The product has even managed to reach the freezers of Wegmans grocery stores on the East Coast.