Prime 6, a sustainable charcoal company founded by Oron and Isaac Franco, gained attention on Shark Tank for its eco-friendly, long-lasting charcoal made from recycled sawdust. After securing a $200,000 investment from Kevin O’Leary in exchange for 25% equity, the company saw significant growth.
As of 2024, Prime 6 is valued at approximately $5 million. The business has expanded its retail presence to major stores like Home Depot and Amazon. With a focus on environmental sustainability and zero waste, Prime 6 continues to gain traction in the competitive grilling industry.
Prime6 Net Worth
Net worth | $5 million (2024) |
Annual Sales Revenue | $1.3 million (2024) |
Lifetime sales | Not publicly available |
Investor | Kevin O’Leary |
Founder | Riki Franco and Oren Franco |
Employees | 4 employees |
Prime6 Pitch on Shark Tank
Company name | Prime6 |
Product | eco-friendly, reusable, sawdust briquettes |
Episode | Season 12 Episode 06 |
Founders | Riki Franco and Oren Franco |
Asked for | $200,000 for 10% Equity |
Final deal | $200,000 for 25% Equity |
Shark | Kevin O’Leary |
Location | New York, United States |
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Prime6 Founders
Prime6 was founded by Riki Franco and Oren Franco in 2018. Oron Franco is the Founder and CEO of Prime 6. He is a chef and entrepreneur with over 20 years of experience in the food industry. Riki Franco is the Co-Founder and COO of Prime 6. She is a finance professional with over 10 years of experience in the corporate world. Prime6’s founders, Riki Franco and Oren Franco, have a net worth of $1.7 million as of 2024.
Key accomplishments
Year | Accomplishment |
2021 | Appeared on Shark Tank season 12 and Kevin O’Leary invested $200,000 for 25% Equity. |
2021 | Launched in over 5,000 new stores, including Kroger and Safeway. |
2023 | Nominated for the Fast Company World Changing Ideas Award. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Prime6 and its continued success.