Shark Tank Pitch

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Alice's Table Shark Tank Update

2m

Services


Pitch Overview
NameAlice's Table
Main PresentersAlice Rossiter Lewis
Order Shown in Episode1
Final DealOffer made from sharks

Alice's Table Shark Tank Pitch

Alice Rossiter Lewis appeared on Shark Tank Season 9, Episode 17, which aired on January 13, 2018, with flower-arrangement franchise business.

Alice's Table is listed in the Services category. In plain terms, the business is described as flower-arrangement franchise business.

Alice's Table asked the Sharks for $250,000 for 6.25%, implying a valuation of about $4 million.

On the show, Alice's Table made a listed deal with Mark Cuban for $250,000 for 10% + optional 10% later.

If treated as straight equity, the listed deal works out to about $2.5 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
SharksDealMark Cuban$250,000 for 10% + optional 10% later
CompanyOffered$250,000 for 6.25%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Alice's Table After Shark Tank

Alice’s Table accepted an on-air deal with Mark Cuban and Sara Blakely for $250,000 for 10% equity. (Alice’s Table Shark Tank Blog update

Link Preview

Alice’s Table Shark Tank Blog update

https://www.sharktankblog.com/business/alices-table/

).

The company later pivoted from in-person floral events into digital and livestreamed workshops, a shift that became important during the pandemic. (1-800-Flowers Alice’s Table acquisition announcement

Link Preview

1-800-Flowers Alice’s Table acquisition announcement

https://www.1800flowersinc.com/news-and-media/newsroom/press-releases/2022/01-11-2022-130114421

).

On January 11, 2022, 1-800-Flowers.com announced that it had acquired Alice’s Table for an undisclosed amount. (1-800-Flowers Alice’s Table acquisition announcement

Link Preview

1-800-Flowers Alice’s Table acquisition announcement

https://www.1800flowersinc.com/news-and-media/newsroom/press-releases/2022/01-11-2022-130114421

).

Alice Lewis remained with the company as president of Alice’s Table, and the brand continues as part of 1-800-Flowers’ experiential offering. (1-800-Flowers Alice’s Table acquisition announcement

Link Preview

1-800-Flowers Alice’s Table acquisition announcement

https://www.1800flowersinc.com/news-and-media/newsroom/press-releases/2022/01-11-2022-130114421

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

Link Preview

sharktankblog.com

https://www.sharktankblog.com/business/alices-table/

, 1800flowersinc.com

Link Preview

1800flowersinc.com

https://www.1800flowersinc.com/news-and-media/newsroom/press-releases/2022/01-11-2022-130114421

.


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