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TommySugo
DealA spaghetti and espresso restaurant
Season 1, Episode 829-Mar-15Perth, WAFood and Beverage
Entrepreneur Details
Entrepreneurs
Joel Sneeuwjagt & Nathan Baws
Gender
Male
Average Age
Middle
Viewers
587000M viewers
Website
tommysugo.com.auThe Ask
A$350,000
for 15% equity
Implied valuation: A$2,333,333
The Deal
A$350,000
for 50% equity
Deal valuation: A$700,000
+0.0% vs ask amount
Equity changed by +35.0%
Shark Investment (1 shark)
Investment
A$350,000
Equity
50%
Additional Details
Pitch #
33
Season
8-Feb-15 – 7-Jun-15
Sharks in Deal
1
Royalty Deal
No
Loan
A$200,000
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
Yes
