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 Shark Tank Updates
Coconut Girl is a company that sells paleo-friendly ice cream sandwiches made in small batches at a facility in Los Angeles. The products are gluten-free and dairy-free, and the cookies use almond flour.
The founder, Francheska “Frankie” Yamsuan, appeared on Shark Tank in March 2020, asking for $180,000 for 18% equity in her company. Mark Cuban offered her $180,000 for 20% equity, which she accepted.
Since appearing on Shark Tank, Coconut Girl has faced challenges due to the COVID-19 pandemic, which has hurt sales as restocking on newer brands wasn’t a priority for retailers.
However, as of August 2021, the products are in Whole Foods, Central Markets, Bristol Foods, Erewhon Markets, Good Earth Natural Foods, and many more. The company has also rebranded to Coconut Girl Brands to expand beyond ice cream. Annual revenue is $1 million and likely to grow.
Coconut Girl has been growing steadily, with revenues of $60,000 in the first year, $120,000 in the second year, and expected sales of $300,000 by the end of 2020. The company has been profitable post-Shark Tank deal, growing the business from $60,000 to $300,000.
Coconut Girl Shark Tank Table Summary:
INFORMATION | VALUE |
Founder | Francheska Yamsuan |
Product | Frozen cookie sandwich made with organic coconut cream and natural sugars, free of dairy and gluten |
Sales Channel | Stores and website |
Shark Tank Investment Offer | $180,000 in exchange for 20% ownership |
Original Company Valuation | $1 million |
Adjusted Company Valuation | $900,000 |
Competitors | No identified competitors |
Annual Revenue | $1 million |
Growth | Revenues of $60,000 in first year, $120,000 in second year, and expected sales of $300,000 by end of 2020 |
Post-Shark Tank Deal Performance | Profitable business growth from $60,000 to $300,000 |
Other | Coconut Girl is not related to the fashion trend with the same name that originated on TikTok in 2021 |
Coconut Girl FAQS
What Is Coconut Girl?
The Coconut Girl is a fashion trend that originated on TikTok in 2021. It is a mix of Y2K nostalgia and beachy, surfer-inspired styles with a girly flair.
The trend is characterized by bright, punchy colors, tropical prints, hibiscus prints, glitter tattoos, graphic tank tops, crochet details, halter tops, platform sandals, bucket hats, and beaded and shell jewelry. The Coconut Girl trend is an evolution and amalgamation of Y2K fashion and the VSCO Girl.
It is a feel-good aesthetic that is perfect for the summertime, with a focus on beachy, island vacation vibes.
The Coconut Girl trend is inspired by movies such as Aquamarine and Barbie: Mermaidia and TV shows like H20 – Just Add Water. It is important to note that there is a different definition of Coconut Girl on Urban Dictionary, which refers to a Thai prostitute that works in the city of Pattaya along Beach Ave.
However, this definition is not related to the fashion trend that is currently popular on TikTok.
What Happened To Coconut Girl After Shark Tank?
Coconut Girl is a company that offers paleo-friendly frozen treats, specifically ice cream sandwiches, that are dairy-free and have a 3-year shelf life. The founder, Francheska Yamsuan, appeared on Shark Tank in season 11, episode 6, and asked for $180,000 for 18% equity.
Mark Cuban made a counteroffer of $180,000 for 20% equity, which Yamsuan accepted. Cuban was interested in partnering with Coconut Girl because it matched his brand image and a healthy lifestyle.
After the show, Coconut Girl faced logistical challenges and was only available at a dozen big-box retail locations in California, Texas, Arizona, Nevada, and Hawaii.
However, as of August 2021, the products are available in Whole Foods, Central Markets, Bristol Foods, Erewhon Markets, Good Earth Natural Foods, and many more. The Covid-19 pandemic hurt sales as restocking on newer brands wasn’t a priority for retailers.
Despite these challenges, Coconut Girl has the potential to become a popular healthy frozen dessert option in the retail landscape.
What Is The Current Valuation Of Coconut Girl?
The current valuation of Coconut Girl varies depending on the source and the year. In 2020, Coconut Girl was valued at $900,000 after selling 20% stock on Shark Tank. The company was seeking $180,000 for an 18% share, and Mark Cuban offered $180,000 for a 20% stake.
This reduced the company’s value to $900,000[2]. However, in 2023, Coconut Girl’s net worth is estimated to be $4 million.
Coconut Girl is a dairy-free, gluten-free ice cream sandwich company founded by Francheska Yamsuan. The company has been growing steadily, with revenues of $60,000 in the first year, $120,000 in the second year, and an expected $300,000 in sales by the end of 2020.
The company has partnerships with big box retailers and is available in stores across the US and Canada, as well as online.
In summary, the current valuation of Coconut Girl is unclear and may have changed since the last reported valuation in 2020.
However, the company’s net worth is estimated to be $4 million in 2023, and it has been growing steadily with partnerships with big box retailers and availability in stores across the US and Canada.
Is Coconut Girl Still In Business?
Yes, Coconut Girl is still in business. Coconut Girl is a company that sells gluten-free, paleo-friendly ice cream sandwiches made in small batches at a facility in Los Angeles.
The company was founded by Francheska Yamsuan, who appeared on Shark Tank in March 2020 and received $180,000 for 20% equity from Mark Cuban.
Since then, the company has expanded its distribution to Whole Foods, Central Markets, Bristol Foods, Erewhon Markets, Good Earth Natural Foods, and many more. The company has also released brand merchandise such as tank tops and shirts on their website.
Coconut Girl is doing around $2.5 million in annual revenue. Shark Tank Recap reports that the company’s reported revenue seems to be $1 million.
A review of Coconut Girl in 2023 by Shark Tank Success indicates that the company is still in its budding phase and only offers ice cream sandwiches in three flavors. However, the review also notes that Coconut Girl has the potential to become a popular healthy frozen dessert option in the market.
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 tiffanie@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.