FOOD NEWS
Where Is
Bantam Bagels
From Shark
Tank Today?
By David Tran
Bantam Bagels — a business selling bite-size bagels in the shapes of donut holes — was started by Nick and Elyse Oleksak. They brought their product to “Shark Tank” on Season 6, Episode 13, seeking $275,000 for an 11% stake, and ended up striking a deal with Lori Greiner for $275,000 for a 30% stake.
After securing a deal with Greiner, Bantam Bagels grew tremendously, jumping from $200,000 in sales to $2.1 million in just eight months. They struck a deal with Starbucks to sell the bagels in its locations, and even landed a deal with Delta to provide its bagel products as part of a first-class meal service.
In Season 10, the show caught up with Nick and Elyse Oleksak, who shared that sales had spiked to $45 million in just four years and that they were also acquired by the T. Marzetti Company for $34 million. However, with a March 2022 product recall, inactive social media accounts, and a website that’s no longer active, it appears the company may be in hot water.