Frescos Naturales is a Boulder, Colorado-based healthy beverage company. This brand makes healthy drinks of various flavors. These include Sparkling Rosa de Jamaica, Sparkling Tamarindo, Sparkling Maracuya, Sparkling Piña, Guayaba and Sparkling Mango.
The price of these beverages is $19.99. Water, fruit/grains/seeds, flowers, and sugar are used to make these beverages.
This brand’s beverage products are available at 57 different retail stores in the United States.
| Company Name | Frescos Naturales |
| Founder | Juan Ignacio Stewart |
| Founded | Dec 2020 |
| Product | Natural Latin American Special Drinks |
| Asked For | $130k for 8% equity |
| Final Deal | $130k for 25% equity |
| Shark | Daniel Lubetzky |
| Episode (Shark Tank USA) | S14 E12 |
| Air Date | Jan 20, 2023 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Boulder, Colorado, United States |
| Lifetime Worth (Sales) | $650k *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Frescos Naturales?
Juan Ignacio Stewart is the founder and CEO of this Beverages Company. Juan comes from the film industry, he completed his studies at the University of Colorado Boulder with a BFF in film Studies + Media Production.
After studies, he worked as a media arts director/teacher for a few years. In 2015, he started a business named Green Belly Foods.
Frescos Naturales Before Shark Tank
The idea for product was given to Juan in 2018 by his son. Juan started selling Rosa de Jamaica drink in the local market in 2018 and he got a very good response from the people.
They started Green Belly Foods Company in 2015 and this company Gutmalon hot sauces are available in more than 200 markets.
To grow the business, in 2020, they started making self-distributing cans. This company will have to associate with major grocery store chains to grow.
How Was The Shark Tank Pitch Of Frescos Naturales?
Stewart enters Shark Tank with the Latin American Beverages brand and asks Sharks for $130k for 8% equity. The Sharks liked Stewart’s pitch very much. They add 5g to 10g sugar in each recipe and each can has 60 calories.
Every Latin American likes to drink Jamaica but it is not available in most stores. This brand is accepted in Kroger supermarket retail stores.
This product is available at Kroger’s 4 major retail stores. This includes 130 King Super stores in Colorado and 230 Ralph’s stores in Southern California.
The business started with One Flavour of Jamaica and did $182,000 in sales in the first year. So far in 2022, their sale has been $100,000, by the end of the year most probably their sale can be from $330k to $350k.
They anticipate selling $850,000 in 2023. The making cost of each can is $0.88 and it is sold wholesale for $2.10.
Daymond John said this business is not for him so he is out. Kevin O’Leary said I’m out. Mark Cuban said the presentation was great but he hates this business, and that’s why he is out. Lori Greiner said that it is challenging and very expensive, so she is out.
Daniel Lubetzky said this business is not investable today, But he told the founder and other sharks that this product is on trend, even though it’s a tough space. Daniel said if you can convince other sharks to invest then he will come in it.
Kevin O’Leary said he would do the deal but at 30% equity. Stewart said he could go up to 20% equity, but Kevin said no. Daniel countered Stewart’s 25% equity, Stewart said OK but they need financing in production so they need help for that. Daniel said he would go with only 25% equity.
Finalize: Daniel Lubetzky invests $130k in exchange for 25% equity.
Frescos Naturales Shark Tank Update
The drinkfrescos.com website crashed on Jan 20, 2023, after this episode of Shark Tank aired, which could be due to heavy traffic. Thousands of visitors must have visited the website of this brand simultaneously due to which the website crashed.
Many people had shared the photo of the website crash on 𝕏.
On January 26, 2023, Juan uploaded a video to the company’s official Instagram account @drinkfrescos, The update was given in the video Juan and his team are working day and night on product packaging.
Recently the products of this brand have become available on King Soopers online store.
Juan has already given many business pitches for investment in his business. After this episode of Shark Tank airs on Jan 20, 2022, a lot of people in Boulder, Colorado are starting to recognize this new brand that they didn’t know before.
We’re following Juan Ignacio Stewart along with his company for further updates.
What Is Net Worth of Frescos Naturales?
Frescos Naturales is estimated to be worth $520K. According to some media sites, the market size of the beverages industry in 2023 is $88.77 billion in the United States. Many health brands are coming into the beverage industry with drinks made from various natural fruit ingredients.
It is projected that by 2027 the industry will be worth up to $158.90bn in the United States alone. In Shark Tank Season 14, a new beverages company Wildwonder appeared and guest shark Tony Xu invested in it.
Juan has been exploring the food and beverage industry for many years and is his brother-in-law’s partner in a new beverage business.
This company’s headquarters is in Boulder, Colorado, United States and 5-10 people are working in it.
