Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

The Yard Milkshake Bar Shark Tank Update

2m

Food Beverage

Pitch Overview
NameThe Yard Milkshake Bar
Main PresentersChelsea Green, Logan Green
Order Shown in Episode4
Final DealDeal was made on the show with sharks Mark Cuban for $400,000 for 22%.

The Yard Milkshake Bar Shark Tank Pitch

Chelsea Green and Logan Green appeared on Shark Tank Season 11, Episode 7, which aired on November 9, 2019, with specialty milkshake bar.

The Yard Milkshake Bar is listed in the Food Beverage category. In plain terms, the business is described as specialty milkshake bar.

The Yard Milkshake Bar asked the Sharks for $400,000 for 10%, implying a valuation of about $4 million.

On the show, The Yard Milkshake Bar made a listed deal with Mark Cuban for $400,000 for 22%.

If treated as straight equity, the listed deal works out to about $1.8 million implied valuation, down from the original $4 million implied valuation.

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

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$400,000 for 10%
SharksDealMark Cuban$400,000 for 22%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

The Yard Milkshake Bar After Shark Tank

The Yard Milkshake Bar accepted an on-air Shark Tank deal for $400,000 for 22%, but follow-up reporting says the deal did not close after filming. (The Yard Shark Tank Update ).
Update sources put The Yard Milkshake Bar annual revenue around $800,000. (The Yard Shark Tank Update ).
The deal with Mark did not close and the company has a new franchise location opening sometime in the summer of 2020 - though Covid 19 may have put that off a few months. (The Yard Shark Tank Update ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com .

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