Coconut Girl is a dairy-free, 100% paleo-friendly coconut nice cream sandwich business. This business was founded in 2016 by Frankie Yamsuan, a resident of Arizona. There are many fitness people who follow the paleo diet for weight loss and to improve blood sugar.
It is very difficult for people who go to the gym, surfing, and mountain climbing to get a healthy dessert. To solve this problem, Yamsuan has created Coconut Girl cookie sandwiches.
For marketing and funding, Yamsuan appeared on Shark Tank Season 11 Episode 14 and asked the Sharks for $180,000 for 18% equity at a $1 Million Valuation.
What Is Coconut Girl?
Coconut Girl is a 100% paleo-friendly healthy dessert business. Their gluten-free sandwiches are made with natural ingredients like coconut milk, honey, dates, and maple syrup.
The sandwich is available in different flavors like chocolate, vanilla, maple, and more. These products are available at Whole Foods and some independent stores in Hawaii and Arizona.
|Company Name||Coconut Girl|
|Product||Paleo friendly Coconut Sandwiches|
|Asked For||$180k for 18% equity|
|Final Deal||$180k for 20% equity|
|Episode (Shark Tank USA)||S11 E14|
|Air Date||March 6, 2020|
|Business Status||Out of Business|
|Headquarters||Phoenix, Arizona, US|
|Lifetime Worth (Sales)||$7.4M *estimated|
|Buy and Watch||Buy Now||Amazon Prime|
Another Shark Tank Pitch
Who Is The Founder Of Coconut Girl?
The Founder and CEO of Coconut Girl Company is Frankie Yamsuan.
How Was The Shark Tank Pitch Of Coconut Girl?
Yamsuan entered the Shark Tank with an ice cream container and asked the Sharks for $180k for 18% equity. She told the sharks about her business model and also revealed her feature plan.
Last year’s sales were $120k and the year before that sales were $60k. This year she is tracking to do $300k in sales. Retail cost is $4.99 to $5.49, making cost is approximately $1.
Mark Cuban liked the business and immediately offered $180k for 25% equity. Kevin O’Leary offered $180k for 20% equity. Mark Cuban revised his offer to $180k for 20% equity. Yamsuan accepted Mark’s offer.
What Happened To Coconut Girl After Shark Tank?
Coconut Girl got a deal on Shark Tank. Mark Cuban, Kevin O’Leary, and Lori Greiner were very interested in joining this business. However, Mark had made this deal his own.
This episode of Shark Tank was aired during the COVID-19 pandemic, and even after that, a huge increase in sales was seen. Yamsuan is very happy to work with Mark and his team.
By September 2021, the product will be available at Whole Foods including Central Markets, Bristol Foods, Erewhon Markets, Good Earth Natural Food, Lunardi’s Markets, etc. Retail Chain Stores.
In 2022, Mark Cuban revealed that the company was performing very well. The company’s annual sales in 2022 were around $2 million. Coconut Girl Company has been rebranded and changed its name to Coconut Girl Brands.
What’s new on Coconut Girl
Last Update: September, 2023
As of September 2023, the annual sales of this company are $2.5 million.
Coconut Girl Shark Tank Update
The company is doing quite well even after getting funding from Shark Tank, although the deal with Mark Cuban has been closed. At this time we do not have much information available regarding the company.
What Is Coconut Girl’s Net Worth?
Coconut Girl’s current net worth is $3.2 million. The healthy low-fat desserts market is gradually growing and many new startups are coming into this industry. According to media publications, this industry can reach $3.8 billion by 2033.
Is Coconut Girl Still In Business?
Yamsuan is cutting costs on many things to increase profits. At present, there are 10+ people working in this company.
This food and beverage company is headquartered in Phoenix, Arizona, United States.
Yes, Coconut Girl is still in business as of September 2023.
frequently asked questions
Who founded Coconut Girl?
Coconut Girl was founded in 2016 by Frankie Yamsuan.
Did Coconut Girl get a deal on Shark Tank?
Coconut Girl gets a deal on Shark Tank, Mark Cuban invests $180k for 20% equity.