Entrepreneur Francheska Yamsuan pitched her dairy-free ice cream sandwiches during
If you’re short on time, here’s a quick overview of what happened to Coconut Girl after
Francheska Yamsuan appeared on
|Mark Cuban||Accepted deal for $180,000 for 20% equity|
|Kevin O’Leary||$180,000 for 20% equity|
|Robert Herjavec||No offer|
|Lori Greiner||No offer|
|Katrina Lake||No offer|
Shark Tank Coconut Girl Update
- Entrepreneur: Francheska Yamsuan
- Business: Dairy-free ice cream sandwiches
- Ask: $180,000 for 18% equity
- Result: $180,000 for 20% equity
- Shark: Mark Cuban
Francheska Yamsuam wanted a healthier alternative to ice cream. Coconut Girl started with a date smoothie in her kitchen, which soon turned into a date milkshake.
Further, she used to make paleo-friendly date ice cream for friends and coworkers. Then, the idea for Coconut Girl’s ‘nice cream sandwiches’ came from watching her first customers make their own.
Coconut Girl ice cream sandwiches are also gluten-free and paleo-friendly, and use almond flour and almond butter.
The ice cream is made with ingredients like coconut milk, dates, and maple syrup. The sharks are in awe of how delicious these sandwiches taste.
At the time of filming, Coconut Girl is in its third year of business. Further, Francheska is projecting to finish the current year with $300,000 in sales.
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Based on how quickly the sharks jump on this deal, they don’t mind that the numbers aren’t mindblowing.
Mark Cuban starts out with an offer: $180,000 for 25% equity. He wants them to accept right away or he’ll take his deal off the table.
Lori Greiner wants to make an offer as well, but Mark immediately pulls his offer when the entrepreneur wants to hear her out.
However, Lori never gets to make her offer before Mark comes back in, ready to give the entrepreneur another chance–he really wants this deal. Francheska eventually asks him to lower the equity.
While Mark is thinking, Kevin O’Leary offers the same amount for a 20% stake.
Then, before any of the other sharks can get a word in, Mark lowers the equity to 20% and Francheska accepts his aggressive offer.
Was this a smart move for Mark Cuban? Find out what happened following
We have good news to share in our Coconut Girl update. Products are sold in Whole Foods, Bristol Farms, and many other retailers and the company is now bringing in around $2.5 million in annual revenue.
True to the entrepreneur’s vision, Coconut Girl is not sold online, but rather, only available in retail locations.
Additionally, in a Season 13
Further, Mark shared that Francheska has sold part of her business, but didn’t share why.
If we get any more info on a Coconut Girl update, we will let you know!
In the meantime, you can find the other company updates from Season 11 Episode 14 here:
For even more on companies and products, be sure to stop by our Season 11 products page!
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!