Fried Green Tomatoes Shark Tank Update

Fried Green Tomatoes Shark Tank Pitch

Holly Cooper appeared on Shark Tank Season 11, Episode 20, which aired on May 1, 2020, with cornmeal and flour deep fry batter mix and secret sauce.

Fried Green Tomatoes is listed in the Food Beverage category. In plain terms, the business is described as cornmeal and flour deep fry batter mix and secret sauce.

Fried Green Tomatoes asked the Sharks for $200,000 for 15%, implying a valuation of about $1.3 million.

On the show, Fried Green Tomatoes made a listed deal with Barbara Corcoran for $200,000 for 30%.

If treated as straight equity, the listed deal works out to about $666,666.667 implied valuation, down from the original $1.3 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Fried Green Tomatoes After Shark Tank

Fried Green Tomatoes accepted an on-air Shark Tank deal for $200,000 for 30%, and follow-up reporting says the deal closed after filming. (Fried Green Tomatoes Shark Tank Update

Update sources put Fried Green Tomatoes annual revenue around $1 million. (Fried Green Tomatoes Shark Tank Update

In 2023, the company began offering franchises. (Fried Green Tomatoes Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches