NEW YORK, NEW YORK - SEPTEMBER 10:  Nick Oleksak and Hannah Oleksak attend the Bantam Bagels relaunch party of the original New York City, Bleecker Street Shop on September 10, 2019 in New York City. (Photo by Rob Kim/Getty Images for Bantam Bagels)
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 However, with a March 2022 product recall, inactive social media accounts, and a website that’s no longer active, it appears the company may be in hot water.