Brewer's Ice Cream on Shark Tank
Beer Infused Ice Cream - Season 3 Update
Beer Infused Ice Cream |
The three Entrepreneurs behind these creative new icecream flavors are Steve Albert, Larry Blackwell and Jason Conroy from Old Lyme, CT. They came into the Shark Tank seeking $125k investment for a 15% equity stake in the Brewers Cow Ice Cream Business. The number of flavors they can make are only limited by hundreds of good brews on the market.
At the time of the Shark Tank airing, Brewers Cow had $5k in sales which after a little trying to figure out their numbers, they have made around $400 so far. The business partners have orders to be placed in Whole Foods Stores, but on a limited scale thus far. I'm not sure why they decided on such a high valuation to start negotiations considering these numbers, but as most experienced fans of the Shark Tank know, this usually is a sure way Not to get a deal from the wealthy Sharks.
It amazes me when I hear some of these valuations folks put on their businesses
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