Jeremy Carlson and Kaitlyn Carlson feel that old fashioned ice cream cones are stale and boring. That’s why they’ve invented a better product! Will it earn them a deal on
Shark Tank Crispy Cones Update
- Entrepreneurs: Jeremy Carlson and Kaitlyn Carlson
- Business: Ice cream cones
- Ask: $200,000 for 10% equity
- Result: $200,000 for 20% equity
- Sharks: Barbara Corcoran
Jeremy and Kaitlyn, brought their donut-like ice cream cones to
Jeremy shared that he started the company on the side of the road and only generated $20,000 in the opening year of 2018. The company was boosted to $70,000 in sales in 2019 and made $80,000 in 2020.
Sales numbers kept growing and the $200,000 milestone was reached in 2021. Now with more than $500,000 in sales in 2022, the company has locations in Idaho and Utah, as well.
A single cone costs about $1.50 and sells at an average price of just over $7.50. With great margins and a consistent sign of sales growth, the sharks were certainly interested in the possibility of making an offer at first.
Jeremy and Kaitlyn planned to grow the business by offering franchises to interested operators and growing it into a big brand over time Several of the sharks disagreed with the vision and started to drop out.
Eventually, Barbara Corcoran was the only shark left and decided to offer $200,000 for 20% equity. After trying to make a few counteroffers, Jeremy ultimately accepted Barbara’s offer with Kaitlyn by his side.
What happened next for their company? Keep reading our Crispy Cones update to find out!
Research for our Crispy Cones update revealed that the company is still in business after
We’ve partnered with six companies to put together a Shark Tank Stocking Stuffer Box that’s worth $100! Here’s everything that’s in the box:
- Sheets Laundry Club Travel Packs x2
- Honey Bee Bars - 12 Pack
- Snactiv Finger Chopsticks
- FryAway Cooking Oil Solidifier
- Pizza Pack
- Nature’s Wild Berry Sampler Pack
It’ll be interesting to see if Jeremy and Kaitlyn are able to build out a franchise, or decide to go a different route. Regardless, with Barbara by their side, we are hoping that our next Crispy Cones update will have even better news!
With a small boost from its appearance on
Do you want to learn about the other companies featured in Season 14 Episode 17? Follow the links below for our other company updates from the episode.
For even more on companies and products, be sure to stop by our Season 14 Products Page!
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!