Asked $300,000 for 5% · Deal $300,000 for 11% with Allison Ellsworth
Nikki Seaman of Atlanta pitched Freestyle Snacks, liquid-free pouches of marinated olives and pickles in restaurant-style flavors like Lemon Garlic and Hot & Spicy. A former Bain consultant, she came up with the idea during the pandemic when olive bars closed and jarred olives felt messy. Sales had climbed from $200,000 in 2022 to $2.2 million in 2024, with $4 to $5 million projected for 2025 and placement in about 4,500 stores. Robert Herjavec went out because he dislikes olives, Kevin O'Leary called it a clever plan for a brutally competitive market with nothing proprietary, Lori Greiner wanted more equity than she thought Nikki would give, and Daymond John said his offer would be too low. Allison Ellsworth offered $300,000 for 15%. Nikki countered at 8%, Allison moved to 12%, Nikki asked for 10%, and they settled at 11%.
“Allison rebutted Kevin's copycat worry with her own story: despite knock-offs of Poppi, customers kept choosing the original for its quality and packaging, proof that strong branding can win even with imitators.”
- Interested
- Allison Ellsworth
- Out
- Robert Herjavec, Kevin O'Leary, Lori Greiner, Daymond John
Where they are now:Thriving$4.5M revenueFull update →
Food & Beverage companies have a 61% deal rate on Shark Tank