Daisy Cakes on Shark Tank Show
I Love Daisy Cakes - Season 3 - Episode 311
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Kim Nelson on Shark Tank |
Kim Nelson came into the Shark Tank asking for $50k for 25% equity in her cake business valuing the company at $200,000.00. Kim wasted no time in getting her greatest asset (
a sample of her Daisy Cakes) into the mouth's of the
Sharks.
Every single male Shark had the same impression, all followed by, WOW. All the
Daisy Cakes use only the best ingredient's from an
old secret family recipe that has been passed down from
Her Great Aunt, named Daisy. What makes the
Daisy Cakes so unique other then the ability to have the Sharks all say wow while each trying a different type of cake, is Nelson's ability to
ship the Daisy Cakes in the mail nation wide. In a specially made tin, Kim packs the cakes in dry ice and ships them right to your door.
How much does a Daisy Cake Cost?Nelson says a Daisy Cake's cost $44.50 from her website which draws a quick "
that's pretty pricey"
from Barbara Corcoran. She then asks what it cost to produce a
Daisy Cake. Kim responds with $18.50 which Corcoran gives her nod of approval on the profit margin. What makes Kim such a good cake maker is, in her own words, "
It's my God Given Talent". Good Answer!
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