Coconut Girl is a 100% paleo-friendly dessert business specializing in healthy treats. Their gluten-free sandwiches are made with natural ingredients, including coconut milk, honey, dates, and maple syrup.
The sandwiches come in various flavors, such as chocolate, vanilla, and maple. These products are available at Whole Foods and select independent stores in Hawaii and Arizona.
Company Name | Coconut Girl | |
Founder | Frankie Yamsuan | |
Founded | 2016 | |
Product | Paleo friendly Coconut Sandwiches | |
Asked For | $180k for 18% equity | |
Final Deal | $180k for 20% equity | |
Shark | Mark Cuban | |
Episode (Shark Tank USA) | S11 E14 | |
Air Date | March 6, 2020 | |
Business Status | Out of Business | |
Website | Visit Website | |
Headquarters | Phoenix, Arizona, US | |
Lifetime Worth (Sales) | $7.4M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
The founder and CEO of Coconut Girl is Frankie Yamsuan.
How Was The Shark Tank Pitch Of Coconut Girl?
Yamsuan entered Shark Tank with an ice cream container, asking the sharks for $180,000 in exchange for 18% equity. She explained her business model and revealed her future plans.
Last year, sales were $120,000, while the year before, they were $60,000. This year, she is on track to achieve $300,000 in sales. The retail price ranges from $4.99 to $5.49, with the production cost being approximately $1.
Mark Cuban expressed interest in the business and immediately offered $180,000 for 25% equity. Kevin O’Leary then offered $180,000 for 20% equity. Cuban later revised his offer to $180,000 for 20% equity, which Yamsuan accepted.
What Happened To Coconut Girl After Shark Tank?
Coconut Girl secured a deal on Shark Tank. Mark Cuban, Kevin O’Leary, and Lori Greiner were all interested in joining the business, but Mark ultimately made the deal his own.
This episode aired during the COVID-19 pandemic, and significant sales growth was observed afterward. Yamsuan is thrilled to work with Mark and his team.
By September 2021, the product became available at Whole Foods, Central Markets, Bristol Foods, Erewhon Markets, Good Earth Natural Food, Lunardi’s Markets, and other retail chain stores.
In 2022, Mark Cuban revealed that the company was performing exceptionally well, with annual sales around $2 million. The company has since rebranded and changed its name to Coconut Girl Brands.
As of September 2023, the annual sales of the company are $2.5 million.
The company continues to thrive after receiving funding from Shark Tank, although the deal with Mark Cuban has since concluded. Currently, we do not have much additional information about the company.
What Is Coconut Girl’s Net Worth?
Coconut Girl’s current net worth is estimated at $3.2 million. The healthy low-fat desserts market is gradually expanding, with many new startups entering the industry. According to media publications, this sector could reach $3.8 billion by 2033.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
Years | Annual Revenue |
2023 | $2.5M *estimated |
2022 | $2M *estimated |
2016-21 | $2.9M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2019 | 500k | Lori Greiner |
The food and beverage company is headquartered in Phoenix, Arizona, United States.
Yes, Coconut Girl is still in business as of September 2023.