O’ Dang Hummus has a flavour that is naturally robust and is derived from plants. This item’s primary ingredient is the chickpea, which may be a legume but is actually quite solid and loaded with many vitamins and minerals.
These beans are not only stunning in appearance, but they are also free of gluten, vegan, and low in calories, making them the perfect vehicle for exquisite flavours.
O Dang Hummus is a brand of hummus sauces that are packaged in salad dressing bottles. It was established by Jesse Wolfe when he was a college student.
Lori Greiner and Robert Herjavec gave him a contract when he pitched his company on Shark Tank while wearing a shirt that stated, “It’s a Hummus If You Haven’t Tried Our Hummus.”
Chickpeas are one of Wolfe’s favourite foods, and he believes that everyone else ought to feel the same way. But the fact that hummus can be used as a marinade, a dip, and even as a substitute for salad dressing left him astonished, so he thought it was unlikely that it could be liquidised.
The Net Worth of O.D. Hummus in 2022
The proprietor, Jesse, and two sharks, Lori Greiner and Robert Herjavec, made a deal for the start-up, which resulted in a total investment of $250,000. However, as a result of the prosperous operations and sales that the company has had, its net worth has significantly increased.
In the year 2022, O’Dang Hummus is doing extremely well. They provide Greek tzatziki, lemon caesar, honey mustard, chickpea, traditional Mediterranean, balsamic feta, garden herb ranch, and roasted red pepper dressings that are all vegan, gluten-free, egg-free, and non-GMO respectively.
It was announced in June of 2020 that the company would transition from being known as O’Dang Hummus to being known as O’Dang Foods. In addition, during the same year, they modernised the brand by introducing a dressing with a revised recipe that had a silkier consistency. They currently have an improved flavour profile.
The Advancement of Jesse Wolfe After Shark Tank Investment
Jesse made a request for a payment of $50,000 in exchange for a 10% stake in his business. He asserts that hummus has been prepared for the past 900 years and has retained its original flavour.
Mark claims that the sharks absolutely like the samples that he provides for them, saying, “That black bean hummus is the thing! Jesse draws attention to Sabra, which holds the lion’s share of the market, and asserts that O’Dang is working to eliminate racial discrimination in the hummus industry.
The business owner then presents his packaged hummus dressing, which does not contain corn syrup or dairy products, is gluten-free, and is produced using only organic ingredients. Wolfe just recently had his second meeting with Publix, during which he offered to increase their sales by $1.3 million if they joined him.
He has already made a mistake by selling O Dang for $70,000 and will have a 40% profit margin at Publix: His Facebook followers brought the Publix website to a grinding halt for the very first time.
Despite the fact that Robert did not have any food goods in his Shark Tank portfolio and claimed to be frustrated by Kevin and Barbara’s success in the food market, he made an offer of $50,000 in exchange for 15% of the business.
Kevin made an offer of $50,000 in exchange for 20% of the business. Jesse approaches Lori with a partnership proposition, and Lori responds that she is happy to work with Robert in exchange for $50,000 and a 25% ownership stake. Jesse made an offer of $50 for the remaining 20% of the business, and Lori and Robert accepted it. In spite of Mark’s protests to the contrary, he finished the deal with Lori and Robert by saying “DONE” and by shaking hands with all three of them.
As was said earlier, the products were still available at the locations as of June in the year 2022. At this point in time, the sum of all lifetime sales is $3.9 million.
O’Dang Hummus Walmart Demand
Just two years after the documentary originally aired, Jesse Wolfe was able to strike a deal with Walmart in which the retail giant agreed to offer his hummus dressings at 2,000 of its shops.
An official from Walmart stated that this action was taken as part of the company’s goal to spend $250 billion on products that promote jobs in the United States. Jesse had absolutely no idea that they would travel such a long distance in such a short amount of time.
Although he had previously worked with Whole Foods and Publix (whose dressings are currently offered in 70 shops in New York City, 13 in Los Angeles, and 7 in Detroit), the agreement he has with Walmart is on a much larger scale than the ones he had with Whole Foods and Publix.