The Painted Pretzel

The Painted Pretzel - Specialty Food

The Painted PretzelDealFood & BeverageWebsiteScottsdale, AZby Raven ThomasS3E6

Pitch Details

Season / Episode

S3E6

Feb 24, 2012

Ask

$100,000

for 25%

Ask Valuation

$400,000

Deal

$100,000

for 25%

Watch the Pitch

Deal Terms

Amount$100,000
Equity25%
Valuation$400,000

What Happened Next

Operating
0
  • Deal with Mark Cuban for $100,000 for 25% equity closed post-show
  • Expanded distribution to Neiman Marcus, SAM's Club, Amazon, and Mark Cuban's Landmark Theaters
  • Annual sales exceeded $1 million
  • Company ceased operations by April 2024; founder Raven Thomas became Director of Business Development at Neubloc

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