Cinnaholic Shark Tank Update

Specialty Food

Fell ThroughNow:ThrivingFood & BeverageSeason 5, Episode 28Berkeley, CAby Shannon Michelle Radke and Florian RadkeWebsite

What Happened to Cinnaholic After Shark Tank

Is Cinnaholic still in business? Yes — still in business and thriving.

$30M

estimated annual revenue

Deal Fell Through

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

  • 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

Last verified Apr 1, 2026.

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The Cinnaholic Shark Tank Pitch

Shannon Michelle Radke and Florian Radke of Berkeley, CA pitched Cinnaholic on Shark Tank Season 5, Episode 28, which aired Friday, May 9, 2014, asking for $200,000 for 20% of the company — a $1M valuation.

Robert Herjavec agreed to invest $200,000 for 40% equity, valuing the company at $500,000. The deal fell through after the show. Differences in vision — Herjavec wanted online sales, founders wanted franchise storefronts.

Watch the Pitch

Pitch Details

Aired
S5E28May 9, 2014
Ask
$200,000for 20%
Ask Valuation
$1M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$200,000
Equity
40%
Valuation
$500,000
Robert HerjavecRobert Herjavec