Prime 6 Shark Tank Update

Prime 6 Shark Tank Pitch

Riki Franco and Oren Franco appeared on Shark Tank Season 12, Episode 6, which aired on November 19, 2020, with eco-friendly, reusable, sawdust briquettes.

Prime 6 is listed in the Fitness Outdoors category. In plain terms, the business is described as eco-friendly, reusable, sawdust briquettes.

Prime 6 asked the Sharks for $200,000 for 10%, implying a valuation of about $2 million.

On the show, Prime 6 made a listed deal with Kevin O'Leary for $200,000 for 25%.

If treated as straight equity, the listed deal works out to about $800,000 implied valuation, down from the original $2 million implied valuation.

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

Prime 6 After Shark Tank

Prime 6 accepted an on-air Shark Tank deal for $200,000 for 25%, then kept operating after the episode. (Prime 6 Shark Tank Update

As of July 2021, Prime 6 has Prime 6's product in Western Beef, Piggly Wiggly, The Fresh Market, Kroger, Lowes, Walmart, Albertsons and many other major retailers. (Prime 6 Shark Tank Update

In 2022, Prime 6 also introduced logs and a firestarter. (Prime 6 Shark Tank Update

Prime 6 now uses www.prime-six.com as its customer-facing site. (Prime 6 website

Sources

Sources used for this page: Shark Tank API pitches