Back 9 Dips is a firm set up by David Mealey and Nique Mealey. The company was featured on Shark Tank season 4 in 2012. The founders of the company represented their unique product in front of the sharks on Shark Tank. The product was nothing but a dip prepared from shredded chicken and different flavours motivated by buffalo chicken wings.
One of their flagship products is the Buffalo Chicken Dip which was prepared in a combination of shredded chicken and a mixture of cheeses, hot sauce, and various seasonings for giving it a creamy texture. This delicious dip is prepared by copying the taste of buffalo chicken wings. The dip has to be served hot. You may have this Back 9 chicken dip with crackers, dips, or vegetables.
David and Nique after pitching Back Nine dips on shark tank appealed to the sharks to invest $150,000 in their company in return for a 15% share in their business, Back 9 dips. After testing the Buffalo Chicken Dip, the sharks were impressed with the taste as well as the quality of the dip. At last, the founders managed to secure a deal for their business from Lori Grenier and Robert Herjavec who invested $150,000 in the business together in exchange for a 25% share in the company, Back 9 Dips.
As soon as the Back 9 Dips shark tank episode was aired the sales of the company hiked incredibly and the company started to add more flavours to its product line. But the company has encountered a lot of changes after that.
Let’s learn Back 9 Dips’ Net Worth in detail.
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What Are Back 9 Dips?
Back9dips is practically chicken wings assorted into the dip. After testing the back nine dip Daymond John remarked that he just loved it and asked if that was practically a chicken Slurpee.
The inventors of Back9 Dips, David and Nique Mealey introduced Buffalo Chicken Dip. They pitched their product in front of the sharks on Shark Tank season 4, episode 404.
David and Nique appeared on the Shark Tank intending to get an investment of $150,000 in exchange for a 15% stake in the company. They have claimed that they have made a dip that is filled with protein.
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David Mealey and Nique Mealey set up Back 9 Chicken Dips. The husband-wife Dip created this business when David lost his job where he was serving as a golf equipment salesman. Back 9 Catering started to sell Chicken Dips as customers at their events raved about them.
After that, the couple made a partnership with the iconic “Shock Jock” Bubba the Love Sponge to produce Bubba’s Back 9 Chicken Dips. Bubba’s chicken dip is prepared by mixing chicken breast and sauces.
The pair served in a food packaging company and started to deliver their Back 9 Chicken Dips at Publix supermarkets in greater Tampa.
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Nique Mealey and David Mealey are called Dominique. They got married in Tampa, Florida. They have a son who is three years old and they now want a daughter.
David was serving as a Callaway sales representative and PGA teaching pro at a local golf club but he lost this job when Nique was pregnant with their first child.
David then launched the BBQ catering company as soon as he learned that he had to earn money. He was very passionate about cooking and he pondered becoming a chef before beginning his career.
David authorized Bubba the Love Sponge to deliver some of his BBQ to the station as soon as his business became successful. David and Bubba became partners very soon and Bubba started to promote his business in as many places as he could.
Though the business was running well, a universally loved recipe was familiar to all of the recipes of the business.
David and Nique we’re sure that it will bring them success if they introduce the product in the market and start to sell it individually. They went to Shark Tank to get assistance from the sharks so that they could introduce their products to the public.
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How Was The Shark Tank Pitch Of Back 9 Dips?
David and Nique came up on Shark Tank and appealed to the sharks for an investment of $150,000. For this, they were ready to give up a 15% stake in their business, Back 9 Dips.
Before disclosing the type of their product in front of the sharks, they passed around platters for them as samples.
As per Nique, during the past Super Bowl, nearly 1.25 billion chicken wings have been eaten up. Chips and dip are also the second most famous food. Their primary product imitated Back 9 Buffalo Chicken Dips was produced with a combination of chicken breasts along with sauces. It gives a reminder about the chicken wings in a dip.
According to Daymond, this was a chicken Slurpee. Kavin made a comparison of it with the legendary Saturday Night Live comedy “Bass-O-Matic,” only chicken in a mixer rather than fish.
Kevin started to laugh and started to refer to all the sad birds who passed away for the dip. According to David, it was quite identical to slicing chicken and preparing a chicken salad. Only the chicken was chopped finely. According to Nique, she married David only because of the dip.
According to Lori, it was delectable and when the sharks stopped laughing and they accumulated comics, they did a more solemn behaviour.
Robert wants to listen to their description. Nique then said that they had undergone a very pathetic situation in life from which they understood that they had to invent a way of earning money.
As soon as Robert inquired about her experience, she replied that Dabid had lost his job when she was about to give birth to their first child. After that, they had to lessen their home and sell one of their cars and a lot of personal things but everything became fine ultimately.
Kevin was ready to consult numbers. He wanted to know about the sales of the company. David told him that they had managed to earn $400,000 in sales within only two years and they had close to 400 accounts.
Recently, a supermarket chain agreed to put them through a 60-store test with a sales goal per week in Florida. As soon as it was successful, they started to meet the weekly goal consistently.
After that, David told the sharks that the retail price of the dip is $7.99 to 8.99 a pound. You may also buy the dip wholesale by spending $5.25. It requires $2.50 to produce the dips. The founders have invested $150,000 in their business so far.
Robert inquired whether the dip always got a good response. Nique said that people have praised the product after tasting it and they had no compunctions about mixed chicken.
Lori then told them that it was amazing and she praised the two founders also. But she also said that she did not think that it would be possible for the founders to deliver the dip to supermarkets all over the country. Telling that, she left the show.
Mark thought that they would do well consistently in the upcoming days also but he did not have the required skills and knowledge to handle this food distribution. He thought that it was not suitable for him and hence he left the show.
Kevin praised the two founders and thought that they had accomplished an outstanding job to date. But an investment contains a lot of problems. It was not perfect for him. So, he withdrew himself before making any deal.
Robert was inspired by the story of the founders and what they had done. He also alerted them that it was a very difficult industry and they required a partner who would sponsor them.
Robert said that he is capable enough to counsel and motivate them but he did not think that he was entitled to direct them. That is why he left the show.
Then comes the turn of Daymond. He said that it was a very tough decision for him and also he laments not working together with a participant from the previous year who had gained huge success after that.
Lori then interrupted him and told him that she liked David and Nique and she wanted to come back in case Daymond offered her $150,000 in exchange for 25% equity.
But Daymond wanted to share his tale. He depicted the time when he had no money, had a little child and had a pregnant wife.
He was badly in need of someone who would give him an opportunity. He got that opportunity from LL Cool J with FUBU. Before his wife gave birth to their second child he was able to gather a million dollars.
He understood that everybody should be given a chance. Still, he doubted his capability to penetrate a trade.
Robert then broke his silence and said he believed that everyone requires a chance sometimes in life. He then said that he was ready to join Lori though he was not able to contribute much now. The founders said that they would not disappoint him and then acknowledged the contract for $150,000 in exchange for a 25% stake in the business. Then they hugged their new partners.
So finally the founders signed a deal with Robert Herjavec and Lori Grenier who invested $150,000 in return for a 25% stake in their company, Back 9 Dips.
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The Back 9 Dips Shark Tank episode happened in season 4 in 2012. The inventors of the company David and Nique Miley represented their unique product chicken dip on shark tank which was prepared by using shredded chicken and different flavours motivated by buffalo chicken wings.
After appearing on Shark Tank, the founders displayed their flagship product Buffalo Chicken Dip and depicted how they prepared the dip by mixing shredded chicken by bending it with cheeses, hot sauce and other seasonings.
They emphasized the versatility of the dip which you may have with crackers, chips, or vegetables and they also provided samples to the sharks so that they can taste it.
The founders wanted the sharks to invest $150,000 in return for a 15% stake in their business. They managed to impress the sharks with the taste and quality of the Buffalo Chicken Dip. The sharks then discussed openly the market potential, competition, and scalability of the product.
Finally, Lori Greiner and Robert Herjavec invested together a sum of $150,000 in return for a 25% stake in Back 9 Dips. The deal was very successful for the company.
But we do not know anything about the long-term success and current status of the company. The company has encountered problems to maintain its growth. The website of the company is not active. They are also not active on social media.
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The sales of the company grew incredibly after appearing on Shark Tank and securing a deal from Loti Grenier and Robert Herjavec. Due to the success, they were able to expand their product line by introducing more chicken dips flavours.
But we do not have any idea about the long-term success of the company. We do not even know the present status of the company as its website, as well as social media accounts, are not active.
We do not know whether the company is still in business or whether the products of the company are available or not. The company might have found difficulties for which it was unable to sustain a profitable business.
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When did Back 9 Dips go out of business?
Back 9 Dips after the shark tank started to grow. David was handling the manufacturing of the products and Nique was handling the marketing and community activities.
The sales of the company grew incredibly as soon as the shark tank back 9 Dips episode was aired. The founders also started to distribute their products in various locations. They also managed to make a contract with Costco.
The company was unable to mention that there were anchovies, an allergy, in their dip. So, it was forced to recall 112,500 pounds of BUBBA’s Buffalo Blue Cheese Chicken Dip by the USDA. After the recall, the company could not recover and was then compelled to cease its operations.
Currently, David Miley serves as a Regional Sales Manager for Nat Sherman, a manufacturer of handmade cigars and “premium cigarettes.” Nique serves as a Field Marketing Manager for an Orlando-based restaurant chain.
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A lot of companies appear on Shark Tank but do not get their desired success. Back 9 Dips was not able to retain their success. The company ceased its operations in 2019 and the products of the company are not available in the market now.
What Is The Net Worth Of Back 9 Dips?
Back 9 Dips worth was $600,000 when it came up on Shark Tank. When the company was active in business, the net worth of the company was $1 million.
Back 9 Dips– where to buy?
You may buy the product of Back 9 dips from the website or various retail stores.
Is Back 9 Dips still in business?
No, as of 2023, the company is not in business.