Susan Knapp brought her company onto
Shark Tank A Perfect Pear Update
- Entrepreneurs: Susan Knapp
- Business: Gourmet Food
- Ask: $500,000 for 15% equity
- Result: $500,000 for 50% equity
- Sharks: Kevin Harrington and Robert Herjavec
With more than $700,000 dollars in gross revenue sales, Susan told the sharks that her company would only net a profit of about 2%. That’s a very small amount of money, but the sharks agreed that there may still be something interesting about A Perfect Pair as a gourmet food brand.
A Perfect Pear was already in more than 600 stores at the time of appearing on
Kevin O’Leary decided to make an offer of $500,000 dollars in exchange for a whopping 70% equity in Susan’s company. Daymond John made a slightly less greedy offer by only asking for 51% equity in exchange for his $500,000 dollars. Kevin Harrington and Robert Herjavec decided to team up and make an offer of $500,000 dollars for half of the company.
After an intense set of negotiations, Susan decided to accept Robert and Kevin’s offer of $500,000 dollars in exchange for 50% equity. Let’s quickly get A Perfect Pear update to see how Susan’s company has progressed since Season 1.
After a short-term boost to her company, Susan was ultimately forced to close her business in 2010 after it had a small level of success. Our A Perfect Pear update research confirmed that the company no longer in business and has been closed for a little more than a decade.
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If you’d like more updates on Season 1 companies, be sure to check out our Season 1 product page.
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Jeremy is a regular contributor at Shark Tank recap. He has a ton of passion for the show and enjoys researching information about what all the companies are up to now. His favorite Shark Tank companies are The Cookie Dough Cafe and Kronos Golf!