Many people in America have never tasted a real British scone. They might find it hard to get this treat in local stores. J. Jones wanted to change this. He loved British scones and wanted to share them with Americans. He started Jones Scones to bring this tasty snack to the U.S.
The entrepreneur hoped to get help from the investors on the TV show Shark Tank. He wanted to make his business bigger. He asked for $100,000 in exchange for 25% of his company. Did the entrepreneur get a deal on Shark Tank? Check out our Jones Scones update to find out!
Jones Scones Net Worth Shark Tank Update 2025
J. Jones went on Shark Tank asking for $100,000 for 25% of his company. This meant he thought his business was worth $400,000. He did not make a deal with any Shark. The episode was aired on May 10, 2013. The company later shut down and is no longer in business. The current net worth of Jones Scones is $0 in 2025.
After appearing on Shark Tank, J. Jones kept working on his business. He tried to fix past problems and make his scones better. He found a new partner to help make the scones. This partner was closer to him, so he could watch over the process better. In 2015, he started selling his scones online. He offered flavors like blueberry cream, cranberry cream, and chocolate chip.
But even with these efforts, things did not go as planned. In 2018, Jones Scones closed down. J. Jones went back to working as a lawyer. Jones Scones is out of business.
J. Jones went on Shark Tank asking for $100,000. He was willing to give up 25% of his company for this money. He hoped the investors would see the value in his British-style scones. But the investors had concerns. They worried about past problems and how the business was doing. In the end, none of the investors made a deal with him. J. Jones left the show without an investment.
| Shark(s) name | Lori Greiner | Counteroffer | Accepted? |
| Lori Griener | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Jones Scones Shark Tank pitch
J. Jones spent time in England. There, he tried British scones and loved them. When he came back to America, he missed these treats. He couldn’t find any scones that tasted the same. So, he decided to make his own. He started Jones Scones to share real British scones with Americans. He wanted everyone to enjoy the taste he loved so much.
On Shark Tank, J. Jones talked about his love for British scones. He explained how he started his business to bring these treats to America. He told the investors about his journey. He shared that his scones were once in all Whole Foods stores. However, he faced problems with quality when he tried to make more scones quickly. This led to a drop in sales. He was honest about his mistakes and wanted to fix them.
He asked for $100,000 in exchange for 25% of his company. He planned to use the money to hire people to help sell his scones. Keep reading our Jones Scones update to see what happens next!
The investors had many questions for J. Jones. They wanted to understand his business better.
Robert Herjavec asked if scones are usually dry. J. Jones said his scones are moist. He thought a dry scone was unusual.
Lori Greiner explained that scones are drier than muffins. They have a texture more like a biscuit.
Robert Herjavec asked about sales. J. Jones said he sold about $5,000 worth of scones each month.
Lori Greiner wanted to know what made his scones better than others. J. Jones talked about his special cream and natural ingredients. He said this helped him get his scones into six Whole Foods stores.
Kevin O’Leary asked why his scones were not in all Whole Foods stores anymore. J. Jones explained that he expanded too quickly. He used a new manufacturer but didn’t watch over the process well. This led to quality problems and high costs to fix them.
Each investor shared their thoughts:
Daymond John said he didn’t like the scone. He wasn’t excited about the product. He decided not to invest.
Robert Herjavec was not a fan of scones. He was concerned about past problems in the business. He also chose not to invest.
Lori Greiner felt that after ten years in business, needing an investment was a bad sign. She thought the scone was okay but didn’t love it. She decided not to invest.
Kevin O’Leary said he doesn’t get emotional about investments. He thought the scones were good but not unique. He didn’t see excellent execution in the business. He decided not to invest.
Mark Cuban didn’t say much during the discussion. But as J. Jones was leaving, he mentioned that he was also not interested in investing.
In the end, none of the investors made a deal with J. Jones.
What Went Wrong With Jones Scones On Shark Tank?
Several issues concerned the investors: Some investors didn’t like the taste of the scones. This made them hesitant to invest. The business had faced problems before. There were issues with quality control and managing growth. This raised doubts about the company’s future. The scones didn’t have anything that made them stand out.
Investors didn’t see a strong reason why customers would choose these scones over others. The business had been running for ten years but still needed investment. This made investors question its success and management. These factors led the investors to decide not to invest in Jones Scones.
Product Availability
From our Jones Scones update research, after appearing on Shark Tank, J. Jones worked to improve his business. He found a new partner to help make the scones. This allowed him to keep a closer eye on quality. In 2015, he relaunched his scones. He offered flavors like blueberry cream, cranberry cream, and chocolate chip. He sold them online through his website.
But despite these efforts, the business faced challenges. In 2018, Jones Scones closed down. The scones are no longer available for purchase.
Conclusion
J. Jones had a dream to bring real British scones to America. He worked hard to make this happen. He even appeared on Shark Tank to seek help. But the journey was tough. Despite his efforts, the business faced many challenges. In the end, Jones Scones closed its doors. This story shows how hard the food business can be.
It also highlights the importance of careful planning and management. While this is the end of Jones Scones, J. Jones’s passion and dedication remain inspiring.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
