Shark Tank Pitch

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ABS Protein Pancakes Shark Tank Update

2m

Food Beverage

Pitch Overview
NameABS Protein Pancakes
Main PresentersJosh McClelland, Ashley Drummonds
Order Shown in Episode1
Final DealDeal was made on the show with sharks Daymond John for $120,000 for 40%.

ABS Protein Pancakes Shark Tank Pitch

Josh McClelland and Ashley Drummonds appeared on Shark Tank Season 7, Episode 12, which aired on January 4, 2016, with protein-packed pancake mix.

ABS Protein Pancakes is listed in the Food Beverage category. In plain terms, the business is described as protein-packed pancake mix.

ABS Protein Pancakes asked the Sharks for $120,000 for 40%, implying a valuation of about $300,000.

On the show, ABS Protein Pancakes made a listed deal with Daymond John for $120,000 for 40%.

If treated as straight equity, the listed deal works out to about $300,000 implied valuation, roughly the same implied valuation as the ask.

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

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$120,000 for 40%
SharksDealDaymond John$120,000 for 40%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

ABS Protein Pancakes After Shark Tank

ABS Protein Pancakes accepted an on-air Shark Tank deal for $120,000 for 40%. The on-air deal did not close. Follow-up reporting lists the company as in business. (ABS Protein Pancakes Shark Tank Update ).
ABS Protein Pancakes reported annual revenue of $1.6 million as of August, 2022. (ABS Protein Pancakes Shark Tank Update ).
In the immediate aftermath following the original air date, ABS did a year’s worth of sales in one month! (ABS Protein Pancakes Shark Tank Update ).
As of August, 2022, they are still in business with annual revenue of $1.6 million. (ABS Protein Pancakes Shark Tank Update ).
The official website for ABS Protein Pancakes is listed as abspancakes.com. (ABS Protein Pancakes website ).

Sources

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

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