Sanjiv Patel conceived Lord Nut Levington. He desired a peanut treat that was distinct from the typical regular or sugary peanuts. Sanjiv previously had experience in the snack food industry. He assisted in the growth of Stacy’s Pita Chips. He utilized his skills and chose to launch his brand of spicy peanuts. The item was named Lord Nut Levington. Sanjiv requested $500,000 in exchange for 30% ownership of his business on Shark Tank.
He had already invested $1.1 million to launch the business. In the three years before Shark Tank Lord Nut Levington achieved $700,000 in revenue. He aimed to earn $350,000 in the upcoming year. Will the entrepreneur get a deal on Shark Tank? Check out the Packback update to find out!
Lord Nut Levington Net Worth Shark Tank Update 2025
Piers Marron went on Shark Tank asking for $500,000 for 30 % of his company. This meant he thought his business was worth $1,666,667. He did not make a deal with any Shark. The episode was aired on April 18, 2014. The flavored peanut brand shut down in 2018. The current net worth of Lord Nut Levington is $0 in 2025.
After Shark Tank, things did not go well for Lord Nut Levington. Sanjiv did not get a deal. His business did not convince the Sharks. Despite having some success in grocery stores and on Amazon, the company could not keep going. Lord Nut Levington shut down in 2018. Sanjiv moved on to become the CEO of Hail Merry, a gluten-free and vegan snack company.
Lord Nut Levington did not get a deal on Shark Tank. Sanjiv asked for $500,000 for 30% of his company. The Sharks were not interested in the business. Kevin O’Leary was the first to drop out. He thought the company was not doing well. Barbara Corcoran followed. She felt Sanjiv was not passionate enough about his peanuts.
Lori Greiner said no because she could not even eat peanuts. Robert Herjavec said he did not hear a growth plan. Mark Cuban also dropped out. He thought it would cost too much to fix the company.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Lori Greiner | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Barbara Corcoran | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Lord Nut Levington Shark Tank pitch
Sanjiv Patel had previous experience in the snack food sector. He served as the finance director at Stacy’s Pita Chips. He assisted the company in expanding. Sanjiv wished to experience something different. He was weary of peanuts that were merely plain or sugary. He chose to develop a range of spicy peanuts. He aimed to provide something unique for snack enthusiasts. Sanjiv invested $1.1 million to launch the company.
He had faith in his concept and his expertise. Establishing the company was quite challenging. Sanjiv encountered numerous obstacles. He needed to determine how to make the peanuts and how to market them. The snack industry had considerable competition. Sanjiv needed to come up with a method to differentiate his product. He put in a lot of effort and started the company in April 2011.
On Shark Tank Sanjiv confidently showcased his product. He detailed his concept and the effort involved in developing it. Sanjiv took pride in his spicy peanuts. He had previously achieved $700,000 in sales. He estimated that he would earn $350,000 in the upcoming year. Nonetheless he acknowledged that the business would not achieve profitability shortly. This took the Sharks by surprise.
They were displeased with this information. Sanjiv requested $500,000 in exchange for 30% ownership in his company. He was convinced that with the proper investment, he could expand the business. He discussed the possibilities of his peanuts. He sought assistance from the Sharks to expand his customer base and accelerate growth.
The Sharks posed numerous inquiries regarding the product. Kevin O’Leary was the one who spoke first. He inquired why Sanjiv’s business was not generating a profit. He inquired about the future of the company. Sanjiv mentioned that the business was continuing to expand. Nevertheless, it had not yet become profitable. He mentioned that he anticipated sales to rise in the coming year.
Barbara Corcoran inquired about Sanjiv’s enthusiasm for the product. She wished to find out if he was genuinely committed to his peanuts. She believed he wasn’t enthusiastic enough about his business. Lori Greiner posed questions as well. She mentioned that she was unable to consume peanuts and was not a suitable investor for the firm.
Robert Herjavec inquired about the company’s expansion strategy. He didn’t hear anything that compelled him to invest. He was curious about Sanjiv’s strategy for expanding the business. He believed the company lacked a clear strategy. Mark Cuban concurred with the rest. He believed it would require too much money to resolve the company’s issues.
None of the Sharks chose to invest in Lord Nut Levington. Kevin O’Leary was the initial one to exit. He believed the company was not performing well. Barbara Corcoran also left school. She thought Sanjiv lacked sufficient passion. Next was Lori Greiner. She couldn’t invest in a business with a product she didn’t like. Robert Herjavec did not listen to a distinct strategy for expansion.
Mark Cuban also left. He believed the company would need excessive funds to repair. Sanjiv exited the tank without a deal as the Sharks made no offers.
What Went Wrong With Lord Nut Levington On Shark Tank?
There were several reasons the Sharks decided not to invest in Lord Nut Levington. First, Sanjiv admitted that the company was not profitable. The Sharks were not happy with this news. They wanted to see a more solid financial plan. Second, the Sharks were not convinced by Sanjiv’s passion for the product. Barbara Corcoran felt that Sanjiv was not fully committed to his peanuts.
Third the Sharks did not hear a clear growth plan. Robert Herjavec wanted to know how the company would expand. Finally, the cost of fixing the business was too high for Mark Cuban. He did not think it was worth the investment.
Product Availability
Lord Nut Levington was available in grocery stores and online. The company sold its peanuts on Amazon. Customers could buy the product directly from the website. The product came in six different flavors. These included spicy and savory options. The peanuts were unique because they were different from the usual plain or sweet peanuts. The price varied depending on the store and the size of the package.
Conclusion
Lord Nut Levington’s journey on Shark Tank did not end well. Sanjiv did not get a deal. Despite some short-term success in stores and on Amazon, the company shut down in 2018. Sanjiv moved on to lead Hail Merry, a new snack company. His time with Lord Nut Levington is a reminder of the challenges entrepreneurs face. Not every business can succeed. However, Sanjiv’s story shows the importance of trying new things and learning from failures.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
