Southern Culture Artisan Foods

Southern Culture Artisan Foods - Specialty Food

Southern Culture Artisan FoodsDidn't CloseFood & BeverageWebsiteAtlanta, GAby Erica BarrettS5E17

Pitch Details

Season / Episode

S5E17

Feb 21, 2014

Ask

$100,000

for 25%

Ask Valuation

$400,000

Deal

$100,000

for 38%

Watch the Pitch

Deal Terms

Amount$100,000
Equity38%
Valuation$263,158

What Happened Next

Deal Fell Through

Deal with Barbara Corcoran fell through during due diligence; founder said they needed more money to grow; later received $200K from Marcus Lemonis on The Profit

Thriving
  • Deal with Barbara Corcoran fell through
  • Sales grew from $150K to $500K in 12 months post-show
  • Products in 4000 retailers across US and 3 countries

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