Crispy Cones Update

Crispy Cones Update | Shark Tank Season 14

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 Season 14? Find out in our Crispy Cones update! 

Shark Tank Crispy Cones Update

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 Shark Tank Season 14. Crispy Cones are grilled to perfection over a rotisserie, then sprinkled with toppings before being filled with soft serve ice cream.

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 Shark Tank. Crispy Cones has two operating locations in Logan, Utah, as well as Rexburg, Idaho. 

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 Shark Tank, Crispy Cones should easily shatter its previous annual revenue milestones.

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!

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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!