Captain Ice Cream Update | Shark Tank Season 1
With a family history in the ice cream industry, Tim Gavern sought to carry on the tradition in a modern way. He created a mobile ice cream business operated from a van and a scooter. Will he earn a deal on
Shark Tank Captain Ice Cream Update
- Entrepreneur: Tim Gavern
- Business: Traveling ice cream business
- Ask: $48,000 for 25% equity
- Result: No deal
- Shark: None
Tim entered
He treated all the sharks to his best-selling product and the sharks immediately honed in on how this was more of a concept than a business.
They asked Tim if he was making a living with Captain Ice Cream, and he said he was barely managing that. Kevin O’Leary was very unimpressed with the figures after Tim stated he made around $200 in sales from four-hour events.
Kevin O. went out because he didn’t see any profitability in the business. Daymond John followed out, despite respecting the concept.
Kevin Harrington went out because he could see no franchising option on the table. Barbara Corcoran said Tim was too unprepared, causing her to also go out.
Tim had to leave
Our Captain Ice Cream update reveals that Tim did manage to offer some franchise packages for a while. These franchise packages included the signature moped or van and uniform, five hundred business cards, and an umbrella.
Despite this initial boost from the
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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!