Nowhere Bakery

Healthy bakery

Nowhere BakeryDealFood & BeverageWebsiteby Maurizio Rasti, Saphira RastiS15E18

Pitch Details

Season / Episode

S15E18

Mar 15, 2024

Ask

$200,000

for 10%

Ask Valuation

$2M

Deal

$100,000

for 12.5%

Watch the Pitch

Deal Terms

Amount$100,000
Equity12.5%
Valuation$800,000
Loan$100,000

What Happened Next

Thriving

$1M

estimated

  • Deal closed with Barbara Corcoran for $200,000 ($100,000 cash plus $100,000 line of credit) for 12.5% equity
  • Expanded from 75 stores to 81 stores; announced expansion into Sprouts Farmers Market California stores in August 2024
  • Fulfilled a two-pallet U.S. Open golf tournament order in a single day with five days notice
  • Celebrity endorsement from Gwyneth Paltrow; chocolate chip cookie won 2022 Selfie Award

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