Rapid Ramen Cooker

Rapid Ramen Cooker - Kitchen Tools

Rapid Ramen CookerDidn't CloseFood & BeverageWebsiteSacramento, CAby Chris JohnsonS5E3

Pitch Details

Season / Episode

S5E3

Oct 4, 2013

Ask

$300,000

for 10%

Ask Valuation

$3M

Deal

$150,000

for 15%

Watch the Pitch

Deal Terms

Amount$150,000
Equity15%
Valuation$1M
Loan$150,000

What Happened Next

Deal Fell Through

Deal with Mark Cuban never finalized

Operating

$5M

reported

  • $5M annual revenue as of 2024
  • $55M+ lifetime sales
  • Expanded to Rapid Brands microwave cookware line
  • Licensing deals with Disney and Nickelodeon
  • Available in Amazon and Walmart

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