Coconut Girl Shark Tank Net Worth 2023
Francheska was a participant on the popular TV show Shark Tank, specifically on Season 11 Episode 14. During the show, she was looking for an investment of $180,000 in exchange for 18% ownership of her company. This valuation represented a total value of $1 million for her company.
After presenting her business to the panel of investors, she received an offer from Mark Cuban. Mark offered to invest the exact amount Francheska was looking for, $180,000, but in exchange for 20% ownership of her company instead of the original 18%. This new investment deal meant that the valuation of her company was adjusted downwards to $900,000.
Francheska ultimately accepted Mark’s offer, and they became business partners with Mark owning 20% of the company.
What is Coconut Girl? Who is the Founder of Coconut Girl?
Coconut Girl produces a frozen cookie sandwich that caters to health-conscious, athletic, and outdoor-loving individuals who want to indulge in natural treats without feeling guilty. This product is made with organic coconut cream and natural sugars, and it is free of dairy and gluten.
Coconut Girl primarily sells its products to stores, but it also has branded items available on its website.
The founder of Coconut Girl, Francheska Yamsuan (also known as Frankie), initially became interested in creating healthier versions of her favorite foods after relocating to Los Angeles in her twenties and becoming involved in Crossfit.
Frankie’s increased focus on nutrition and her interest in the paleo diet led her to experiment in the kitchen and create a frozen treat using dates and coconut milk. Her friends enjoyed it, and she eventually started selling homemade ice cream at local fitness events.
As her products gained popularity, Frankie decided to expand her offerings to include ice cream cookies.
Her commitment to the paleo diet and her cooking skills allowed her to create healthier alternatives to traditional cookies. Local businesses soon took notice, and she was eventually picked up by Whole Foods as a major client.
Frankie remains actively involved in Coconut Girl, overseeing every aspect of the company.
She has even hired an additional packer to allow her to focus more on marketing and expanding the business. Her goal is to make Coconut Girl products available throughout the United States.
Coconut Girl Shark Tank Pitch
In season 11, episode 14 of Shark Tank, Francheska pitched her company and asked for $180,000 in exchange for an 18% stake, which valued her company at $1 million.
Her company, Coconut Girl, offered healthy dessert options that impressed the Sharks, and she revealed that they were already being sold in several retailers, including Whole Foods. The cost to make one item was $1, and they sold for $4.99 to $5.99.
While the company did not sell directly to consumers due to expensive transportation costs, they needed to expand and hire additional staff to meet increasing demand. Mark Cuban made the first offer, offering $180,000 for a 25% stake, but Kevin O’Leary also made a similar offer.
Lori Greiner was also interested, but Cuban urged Francheska to accept his offer before anyone else had a chance to speak. O’Leary later intervened, offering $180,000 for a 20% stake.
Eventually, Cuban and Frankie invested $180,000 in exchange for a 20% stake in Coconut Girl. However, since the episode aired in March 2020, the COVID-19 pandemic has affected many businesses, including Coconut Girl.
Despite this, the company is still operating and is now available in numerous locations, generating an annual income of $1 million with plans for further growth.
Coconut Girl Net Worth
Francheska appears on Shark Tank season 11 episode 14 in search of $180,000 for an 18% stake in her company. This represents a $1 million value.
She accepted an offer from Mark of $180,000 for 20% equity thus valuing it at $900,000.
Coconut Girl Competitors
There is no competitor identified for Coconut Girl.
Coconut Girl FAQS
What is Coconut Girl?
Coconut Girl Coconut Milk Frozen Desserts is a line of healthy, non-dairy, frozen desserts. They are high-protein and are paleo-friendly. The lineup includes ice cream sandwiches, ice pops, and bars.
Who is the founder of Coconut Girl?
Frankie Yamsuan is the founder of the Company.
How much was she seeking in the Shark Tank?
She was seeking $180,000 for an 18% stake in the company.
How much did she get in the Shark Tank?
She accepted an offer from Mark Cuban of $180,000 for 20% equity.
Where can they buy?
Currently, their goods may be found at health food shops such as Whole Foods throughout Southern California, Arizona, Nevada, and Hawaii.
They’ve lately expanded into new stores and states.
Can they order online? Do you ship?
No. At the time, they solely sell to stores.
Do they sell internationally?
Sorry, but not yet! They are currently only available in the United States.
Are they vegan?
No. Their products contain eggs and honey.
In the future, they may look into vegan options.
What makes them guilt-free?
Coconut Girl uses only real ingredients, such as organic coconut cream.
They are sweetened with dates, honey, and maple syrup, rather of cane sugar, as is common in “healthy” sweets.
More information, such as nutrition statistics and ingredients, may be found on their Products Page.
How can they collaborate?
Please contact Tiffany at [email protected]coconutgirlbrands.com with any press or cooperation enquiries.
Do they do franchising?
No, not right now.
How much does it costs?
Yamsuan revealed that her items cost $1 to create and retail for $4.99 to $5.99.
What is the net worth of Frankie Yamsuan?
Frankie Yamsuan’s net worth is unavailable
Is coconut girl still in business?
Coconut Girl is currently in its early stages. For the time being, it only provides three varieties of ice cream sandwiches: Beach Bam Maple, Aloha Chocolate, and Hang Loose Vanilla.
To make the sandwich appropriate for lactose intolerant people or those following a paleo diet plan, Frankie has avoided using conventional dairy products.
What Shark Tank episode is Coconut Girl from?
They were featured on season 11 episode 14.
What is the current net worth of Coconut Girl?
Coconut Girl’s current exact net worth is unknown.
Are Coconut Girl dairy free?
Yes. The items are shared with eggs, honey, and real coconut palm cream that result in a high-nutrition, guilt-free treat.