What Happened to Coconut Girl After the Shark Tank Pitch?
What is Coconut Girl?
Coconut Girl is a paleo frozen cookie sandwich designed for the health-conscious, sporty, and outdoor-loving lady (or guy).
It’s made with natural sugars and organic coconut cream, and it’s free of dairy and gluten.
As a consequence, it’s the perfect guilt-free indulgence for people who wish to maintain a healthy weight while still enjoying tasty natural sweets.
Coconut Girl mostly sells to retailers, although their website also sells branded things.
Who is the Founder of Coconut Girl?
Francheska (Frankie) Yamsuan, the originator of Coconut Girl, depicts herself as a regular adolescent girl who is anxious about her weight and self-conscious about her body image.
She became concerned about her weight and began working out three hours every day.
It all changed when she moved to Los Angeles in her twenties and began practicing Crossfit.
Simultaneously, she began to learn more about the paleo diet. These two occurrences shifted her perspective, and she began paying more attention to her nutrition, especially while consuming so-called “sugar-free” foods.
This new way of life encouraged her to make healthier versions of her favourite dishes. She is still actively involved in the firm, controlling almost every aspect of it.
She’s recruited an additional packer to free up her time for marketing and other tasks.
And she plans to start selling her products across the United States as soon as possible.
Frankie began spending more time in the kitchen, which created the idea for Coconut Girl.
One day, she decided to blend dates and coconut milk and freeze the product in her ice cream machine.
Frankie like the flavour, and her friends began ordering it as well. She bought an ice cream cart and began selling handmade ice cream at local fitness events.
What began as a pastime, creating healthier versions of her favourite pastries, rapidly grew into her business.
While selling her homemade ice cream, she saw that ice cream biscuits were becoming increasingly popular.
So, armed with paleo diet ideas and her newly acquired culinary skills, she set about making her own superior alternatives.
It wasn’t long before she was approached by local companies asking if they might sell her healthy ice cream cookie variant. She was even picked up by Whole Foods, who would become her most important customer.
What Happen to Coconut Girl at the Shark Tank Pitch?
Francheska appeared on Shark Tank season 11 episode 14 in pursuit of $180,000 for an 18% share in her firm. This implies a $1 million valuation.
After trying the samples, the Sharks were blown away by the flavour and idea of the nutritious dessert.
They were even more astounded when Yamsuan informed them of the number of stores who already stocked her merchandise.
“Our largest account is Whole Foods,” she stated. “[We’re] in 30 locations, and we recently received permission to open in Hawaii, Nevada, and Arizona.” And, as of last week, we had been picked up by one of the biggest food wholesalers.”
Yamsuan said that her goods cost $1 to make and sell for $4.99 to $5.99.
They no longer sell directly to clients since it is excessively expensive to deliver the ice cream sandwiches to fulfil internet orders.
They are also understaffed and require extra workers in order to expand and fulfil more demands.
After hearing enough juicy details, Shark Mark Cuban was the first to make an offer.
“I don’t even want to hear what these people have to say,” he continued, pressing Yamsuan to accept his offer without allowing the other Sharks to speak. I’ll pay you $180,000, but I’ll take a 25%.
Shark Kevin O’Leary moaned and said he would do the same. Shark Lori Greiner chimed in, adding she, too, was pleased with the arrangement.
However, Cuban cut her off, telling Yamsuan that if she listens to other ideas, he would leave.
O’Leary intervened, telling Cuban that he will aid Yamsuan by providing $180,000 in exchange for a 20% ownership.
“Only because he’s a stupid, okay, I’ll do 20%,” Cuban said before stepping forward to shake hands on the accord. “Deal?”
Mark and Frankie decided to donate $180,000 in return for a 20% ownership in Coconut Girl.
What Happened to Coconut Girl After the Shark Tank Pitch?
Since the program aired in early March 2020, the country has been under lockdown due to the Covid-19 pandemic.
Coconut Girl Coconut Milk Frozen Desserts is one of the many businesses hit by the outbreak.
According to the Coconut Girl Facebook page, Frankie is “excited to be working with Mark Cuban and his colleagues.” The firm is listed on Mark’s website, and the transaction appears to be completed.
As of August 2021, the goods are available in Whole Foods, Central Markets, Bristol Foods, Erewhon Markets, Good Earth Natural Foods, and a number of additional locations.
The annual income is $1 million and is likely to grow.
What is the Net Worth Coconut Girl?
Francheska appeared on Shark Tank season 11 episode 14 in pursuit of $180,000 for an 18% share in her firm. This implies $1 million valuation.
She accepted Mark’s offer of $180,000 for 20% stock, valuing it at $900,000.
Coconut Girl Competitors
There is no competitor identified for Coconut Girl.
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Coconut Girl FAQS
What is Coconut Girl?
Coconut Girl Coconut Milk Frozen Sweets is a range of healthful, non-dairy frozen desserts. They are strong in protein and paleo-friendly. Ice cream sandwiches, ice pops, and bars are among the offerings.
Who is the founder of Coconut Girl?
Frankie Yamsuan is the Company’s founder.
How much did she ask for in the Shark Tank?
She was seeking $180,000 for an 18% ownership in the firm.
How much did she get in the Shark Tank?
Mark Cuban made her a $180,000 offer in exchange for 20% ownership.
Where can they buy?
Currently, their products may be purchased at health food stores such as Whole Foods throughout Southern California, Arizona, Nevada, and Hawaii.
They’ve recently expanded into additional stores and states.
Can they order online? Do they ship?
No. At the time, they only sold to retailers.
Do they sell internationally?
Sorry, but not yet! They are presently only accessible in the United States.
Are they vegan?
No. Their goods contain eggs and honey.
They may look at vegan choices in the future.
What makes them guilt-free?
Coconut Girl only uses natural ingredients, such as organic coconut cream.
They are sweetened with dates, honey, and maple syrup rather of cane sugar, as is customary in “healthy” desserts.
More information, such as nutrition facts and ingredients, may be found on their Products Page.
How can they contact them?
If you have any press or cooperation inquiries, please contact Tiffany at email at [email protected]
Do they offer franchising?
No, not just now.
How much does it cost?
Yamsuan said that her goods cost $1 to make and sell for $4.99 to $5.99.
Is Coconut Girl still in business?
Coconut Girl is still in its early phases. For the time being, it only offers three types of ice cream sandwiches: Beach Bam Maple, Aloha Chocolate, and Hang Loose Vanilla.
Frankie avoided using typical dairy ingredients in order to make the sandwich suitable for lactose sensitive folks or those following a paleo eating plan.
What Shark Tank episode was Coconut Girl featured?
They were featured on season 11 episode 14.
Is Coconut Girl dairy-free?
Yes. The components are combined with eggs, honey, and authentic coconut palm cream to create a high-nutrition, guilt-free delight.
