Tuesday, February 15, 2011

Shark Tank -- Mr. Tod's Pies

Mr. Tod sells more than 3,000 pies per day.
For 460k the Sharks would get a 10% stake in the company, which puts his company valuation at 4.6 million.
He made 850,000$ in pies, and gets 20% of profit.
He would use 300,000$ of the Sharks money for a big producer factory and the rest would be for marketing.
His one pie (sweet potato) brings in 94% of his wholesale profit and the rest of the % comes from his other 30 recipies.
Daymond and Barbara counterd his offer of 460k for 10% with 460k for 50% of his company.
His strengths of his business was the sweet potato pie, but the weakness' was the other pies which of 34 recipies only brought in 6% of his wholesale profit.

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