Cinnaholic

Cinnaholic - Specialty Food

CinnaholicDidn't CloseFood & BeverageWebsiteBerkeley, CAby Shannon Michelle Radke and Florian RadkeS5E28

Pitch Details

Season / Episode

S5E28

May 9, 2014

Ask

$200,000

for 20%

Ask Valuation

$1M

Deal

$200,000

for 40%

Watch the Pitch

Deal Terms

Amount$200,000
Equity40%
Valuation$500,000
Robert HerjavecRobert Herjavec

What Happened Next

Deal Fell Through

Differences in vision — Herjavec wanted online sales, founders wanted franchise storefronts

Thriving

$30M

estimated

  • Appeared on Season 5, no deal made
  • Vegan gourmet cinnamon roll bakery
  • Grew into a major franchise with 60+ locations across the US and Canada
  • One of the most successful 'no deal' companies in Shark Tank history
  • Featured on numerous best-of lists for bakeries and vegan restaurants

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