A Perfect Pear update

A Perfect Pear Update | Shark Tank Season 1

Susan Knapp realized there was a significant demand for her Cinnamon Pear Jelly when her co-workers and friends expressed disappointment at its absence during the holidays. This unexpected demand led her to create her brand, A Perfect Pear. Let’s see if she received an offer from any of the sharks in our A Perfect Pear update and pitch recap.

SharkResult
Kevin Harrington and Robert HerjavecAccepted offer of $500,000 for 50% equity
Kevin O’Leary$500,000 for 70% equity
Daymond John$500,000 for 51% equity
Barbara CorcoranNo offer

Shark Tank A Perfect Pear Pitch

Shark Tank A Perfect Pear update
  • Entrepreneur: Susan Knapp
  • Business: Gourmet Food
  • Ask: $500,000 for 15% equity
  • Result: $500,000 for 50% equity
  • Sharks: Kevin Harrington and Robert Herjavec

Susan charmed the sharks with a basket overflowing with gourmet pear products. She explained how her passion for pears blossomed into a thriving business. 

Now, her company needed a shark’s investment to keep up with increasing customer demand and boost production.

A Perfect Pear is a gourmet food brand specializing in pear-based products.

Their offerings include classic pear jam, seasonal spiced pear jam, and pear vinegar for dressings and marinades, adding depth to poultry, seafood, and vegetables.

The brand caters to health-conscious consumers seeking unique and flavorful additions to their meals. 

A Perfect Pear has a national presence, with distribution in over 650 stores and an online direct-sales platform.

Despite having a gross revenue of over $700,000, Susan revealed to the sharks that her company nets a profit of only about 2%.

This slim profit margin raised concerns, but the sharks still saw potential in the food brand.

Kevin O’Leary offered $500,000 for 70% of the company, which Susan immediately and politely declined. 

Daymond John offered $500,000 for 51%, and Kevin Harrington offered $500,000 for 50%. 

Robert Herjavec joined Kevin H. in his offer, proposing a 50% stake that would leave Susan with an equal share in her company.

After intense negotiations, Susan decided to accept Robert and Kevin’s offer of $500,000 for 50% equity.

Let’s quickly get an update on A Perfect Pear to see how Susan’s company has progressed after Shark Tank.

Shark Tank A Perfect Pear Update

Our research on A Perfect Pear update revealed that the deal with Robert and Kevin never closed for undisclosed reasons. 

However, the business experienced significant growth shortly after airing, as Susan was making over $80,000 a month at the time.

Despite the deal falling through, our A Perfect Pear update found that Kevin Harrington helped Susan get her product on the Home Shopping Network. 

As a result, retailers like Whole Foods and Lunardi’s carried A Perfect Pear products, which were also available on Susan’s website.

With the growth from appearing on Shark Tank, Susan Knapp continued growing her business. Her products remained available in various retail outlets and through her website. 

However, after a short-term boost, Susan ultimately closed the business in February 2010.

This looks to be our final A Perfect Pear update. 

For more on Shark Tank Season 1 Episode 2, be sure to check below:

Before you go, check out our Shark Tank Season 1 page for more updates.

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Andrew is a lifelong fan of Shark Tank and an entrepreneur at heart. He started Shark Tank Recap because he wanted a single place to track what happens to the companies, founders, and deals after they air on TV. With a sharp eye for business insights and a passion for all things Shark Tank, Andrew makes sure every recap is accurate, engaging, and fun.