in

Coconut Girl Ice Cream Net Worth 2024 Shark Tank Update

Coconut Girl Ice Cream Net Worth 2024 Shark Tank Update
Coconut Girl Ice Cream Net Worth 2024 Shark Tank Update

As of the beginning of 2024, Coconut Girls’ net worth is $ 4 million. Also, the company has approximately $ 2 million in annual revenue. On March 6, 2020, Coconut Girl Ice Cream Appeared on Shark Tank Season 11, episode 14 of Shark Tank USA and made a deal with Mark Cuban for $180,000 for 20% of equity. So, Mark Cuban has made over $ 800,000 through Coconut Girl Ice Cream for an investment of $180,000. Also, the company will still be in business in January 2024. It then sells online with retailers like Whole Foods in the USA. Let’s find out how it has reached this success over the years.

Coconut Girl Ice Cream Net Worth 2024

Net worth$4 million
Annual Sales Revenue$2 million
Profits
Lifetime sales
InvestorMark Cuban   
FounderFrancheska Yamsuan 
Employees1-20 employees

The Coconut Girl Ice Cream made around $60,000 in the first year and $12,000 in the second year. So, the company aimed to acquire about $300,000 when it appeared on the Shark Tank.

Coconut Girl Ice Cream will have a net worth of $4 million in 2024.

Coconut Girl Ice Cream Sales And Revenue

The Coconut Girl Ice Cream made around $60,000 in the first year and $12,000 in the second year. So, the company aimed to acquire about $300,000 when it appeared on the Shark Tank.

Coconut Girl Ice Cream received the attention of many customers after the show. But it also had to face difficulties due to restrictions during the COVID-19 pandemic. However, it shows around $1 million yearly revenue at the end of the year 2021.

Followingly it marked around 1.5 million in yearly revenue at the end of 2023. It is expected to increase its revenue by over 2 million at the end of 2024.

With the support of Mark Cuban and partnerships with retailers, the company is expanding nationwide.

Net Worth Timeline

Net Worth 2024$4 million
Net Worth 2023$4 million
Net Worth 2021$1million
Net worth valuation 2020 After appearing on Shark Tank$900K
Net worth valuation 2020 before appearing on Shark Tank$1million

How Much Did Mark Cuban Make From Coconut Girl Ice Cream

Mark Cuban offered $180,000 for 25% of equity with a quick answer and got the deal for Coconut Ice Cream Girl. The deal went through well and was finalized with gaining $25000 at the end of 2021 for Mark Cuban.

Also, he gained around $1 million in his share value at the end of 2023. So, according to these figures, he has earned revenue of over $2 million from Coconut Cream Girl over the years.

Competitors Of The Coconut Girl Ice Cream

Coconut Girl Ice Cream has no direct competitors emerging yet with its uniqueness. But we can take other popular ice cream sandwich brands like Skinny Cow, Great Value and Trader Joe’s as competitors.

Don’t miss these products from Season 11

Coconut Ice Cream Girl Shark Tank Update

Company nameCoconut Girl Ice Cream
ProductDairy-free ice cream sandwiches
EpisodeSeason 11, Episode 14
FounderFrancheska Yamsuan
Asked For$180,000 for 18% equity
Final Deal$180,000 for 20% equity
SharkMark Cubun
LocationPhoenix, Arizona, USA

After finalizing the deal with Mark Cuban, Coconut Girl faced a tough time with the COVID-19 pandemic. Lockdowns made it hard for stores to welcome new products. People found it challenging to buy the product since it didn’t sell it directly to the customers.

But in 2021, things got better as COVID-19 rules eased. Coconut Girl joined up with big stores like Whole Foods, Bristol Farms and many others. Following that, it reached 32 states in the US, making $1 million in sales in 2021.

The company started to grow, and Mark Cuban even mentioned Coconut Girls’ success in Shark Tank Season 13. While they haven’t introduced new products yet, by 2024, Coconut Girl’s annual revenue will reach $1.5 million.

What Is Coconut Girl Ice Cream?

What Is Coconut Girl Ice Cream?

It’s a dairy-free ice cream sandwich. Coconut Girl products, like organic coconut cream, are made with only natural ingredients. It’s sweetened with dates, honey, and maple syrup. This made it unique among many other ice cream sandwiches.

So it’s gluten-free and all-natural. It comes in three flavours  Aloha Chocolate, Hang Loose Vanilla, and Beach Bum Maple. Customers can easily find it with many retailers around the USA.

Official Website of Coconut Girl Ice Cream: coconutgirlbrands.com

Official Instagram of Coconut Girl Ice Cream: @coconutgirlbrands

What could be better than a dessert without any sugar substitutes that still satisfies your sweet tooth? ??? Grab one of our Coconut Milk Frozen Sandwiches for a guilt-free, satisfying treat 

coconutgirlbrands

Coconut Girl Ice Cream Founder

Frankie Yamsuan was originally from the Philippines & she came to the US only when she was five. She also claims that during her childhood, she had to go through difficult times, and her mother used to work two jobs. She struggles in specializing in ‘one thing’ & she drops out.

During her pitch, She also claims she was always passionate about health & fitness. This was also one of her motives to innovate her Coconut Girl Ice Cream.

At first, she started her business on her icicle tricycle. On weekends she drives her tricycle to fitness events.

After one such fitness event, she was approached by a grocery store asking if she could do wholesale. She had to improvise according to the situation. She said yes & got her first wholesale customer.

This was her breakthrough. She then figured out ways to further escalate her Coconut Girl Ice Cream business.

Shark Tank was a dream come true for Coconut Girl Icicle Tricycle.

Frankie Yamsuan‘s one of life’s dreams was to appear on Shark Tank. To achieve that dream, she had to apply more than once.

“I remember going to the Food Expo the day after the open casting and running into Kristoff from Nui there,” she said. Nui is another food company that appeared on Shark Tank. “I didn’t recognize him at the casting but he introduced himself and we bonded for a few minutes about open casting and meeting again at the Food Expo in Anaheim the next day. Later that year, I saw them on Shark Tank!

Frankie Yamsuan

IT’S HARD TO BELIEVE THAT THESE DELECTABLE SANDWICHES ARE DAIRY FREE, GRAIN FREE, PALEO AND GUILT-FREE! ENJOY!

Frankie

This was the latest motivation for Frankie for the reapplication to Shark Tank & she applied in 2019. As a result, she got the opportunity to appear on Shark Tank in March 2020.

FAQ

Is Coconut Girl Ice Cream Still In Business?

Yes, Coconut Girl Ice Cream is still in business in 2024.

How Much Money Did Mark Cuban Made With Coconut Girl Ice Cream?

According to available data and his equity in the company, he made over $2 million from Coconut Girl ice cream.

What Is The Annual Revenue Of Coconut Girl Ice Cream?

Cocunt Girl $1.5 million in Anual Revenue at the end of 2023

Who Invested In Coconut Girl Ice Cream?

Mark Cuban invested in Coconut Girl Ice Cream.

What Is The Net Worth Of Coconut Girl Ice Cream?

It has $4 million net worth at the beginning of 2024.

You May Also Like: Hamdog’s Story

What do you think?

Written by Kesara Bandaragoda

GAG Staff

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

    What Are The Benefits to a Business of Using a Chatbot?

    Aira Net Worth - Shark Tank Season 11

    Aira Net Worth 2024 Shark Tank Update